Insurance question about DUI (2 different insurance companies). Underwriters, chime in!?
I received a 1st time DUI roughly 1 year ago. I am covered by one insurance company, and my wife is covered by another company on her car. I know my insurance will not be renewed or rates will increase at some point, but what about hers??? I am NOT listed as an insured driver on her policy, but I...
I received a 1st time DUI roughly 1 year ago. I am covered by one insurance company, and my wife is covered by another company on her car. I know my insurance will not be renewed or rates will increase at some point, but what about hers???
I am NOT listed as an insured driver on her policy, but I am noted as a licensed driver in the household for her car... Will her insurance be effected??
It seems like they are not sure what will happen with her insurance and that it would be left up to the underwriters... Any input would be helpful... Thankyou.
Basically, we have 2 cars. On our Honda (her insurance), we just bought out our lease, and put both of our names on the loan to purchase the car... Her insurance company got wind of this and saw my name. They ran it, and the DU came up. Again, I am not listed as a driver and am not listed under her policy... ONLY as another driver in the household. I wasn't worried about hers at first, but her company requested that I send a copy of proof of my insurance to them (for what, I don't know)... I am just hoping she is not effected by this???
Question for S (if you want to answer): What company? and did they find out about it and let it slide, or just not find out? I have been with mine for almost 20 years.
MARGARITA...
I live in NJ. my wife has state farm and i have allstate. I am not on her registration> Any other input would help. Or, do you know who I could talk to without prompting either of the companies to further look into my record... You've been a great help... any further assistance would be great!
Whether her insurance is going to be affected will depend on several factors. You state that your name was placed on the loan — is your name on the registration too? If it is that would basically mean that you are co-owner of the vehicle too. If that is the case then her insurance company would need to add you as a Named Insured. At that point some companies would allow or require that your wife sign a driver exclusion form to exclude you as a driver. The problem would arise if your wife is insured with a standard company that does not allow for any driver to be excluded (except there are few states that they cannot do this & must offer to exclude the driver) — at that point she would be ineligible and they would cancel her insurance.
In terms of your own insurance, if you are insured with a standard company they will probably cancel your insurance. You will then probably have to purchase insurance with a company that accepts high risk drivers which may or may not cost you significantly more money. Frankly now your credit can have an even bigger impact on your car insurance rates than your driving record. If you do have excellent credit and your policy is cancelled for this, I would advise you to obtain a quote with Progressive since they only apply a one point surcharge to a DUI — they do not consider it a serious charge.
I hope this information helps. Good Luck
I can only address part of your question because I am single. After my (only) DUI, my insurance rates did not go up and they did not cancel my policy. I had been with them about 10 years at the time, though.
One more thing. I had an accident and over $6K damage to my vehicle along with the DUI and my (major company) insurance was not canceled, nor the rates increased. Don’t want to give you the wrong idea that you will experience the same thing, but don’t worry about something you can’t control.
You made a mistake that you (like I did) will learn from. Hopefully, no one was hurt in your incident (no one was hurt in mine).
It’s good to ask questions and prepare yourself for what might happen, though.