If you happen to be denied coverage as a result of the DUI, you may have to seek coverage in the residual market, also referred to as the assigned risk pool for your state. Assigned risk insurers have to offer coverage to EVERYONE…at least to those who cannot get coverage from a regular insurance company. Your state offers this type of insurance because it’s not legal to drive without insurance. Therefore, the state must offer a program that gives you options. However, expect to pay a lot.
You will likely have to obtain an SR22 from your insurer as well. This is not a “type of coverage,” rather a “filing” sent from your insurer to the state to prove you have coverage in force at all times. There is a fee associated with this filing – but usually not more than $30 or so per policy term. You insurer (or new insurer) will send the state a “note” every month showing that you either have or don’t have “in-force” coverage. If the state doesn’t get the “note,” your license is likely suspended, effective immediately.
If you get pulled over…you’re “done.” And you could add driving on a suspended license to your record and will likely be “un-insurable,” other than in a state run assigned risk pool. In any case, it’s recommended that you shop your insurance rate post-DUI. Even if your current insurer is willing to keep you, you may be able to beat their rate by going elsewhere. Try Select Insurance Group. We can shop your rate with multiple insurers all at once to get the best price. Call us at 1-855-GET-SELECt (1-855-438-7353)
So, How Much does it cost?
There is no exact “surcharge” for a DUI. Every insurer is different, but the general consensus is you may get dinged for about double or even triple your current premium. For example; if you were at $1,100 prior to your DUI, you might see a $2,200 or $3,300 premium for at least three years, but up to as many as seven. Don’t let those numbers scare you. If you had an otherwise clean driving record and great credit (insurance score) you may fall into the lower “charge” category where you might see a 50% (or so) increase over your current premium.