{"id":2995,"date":"2022-08-14T23:12:55","date_gmt":"2022-08-15T03:12:55","guid":{"rendered":"http:\/\/jwr.gsv.mybluehost.me\/.website_f60957c0\/?p=2995"},"modified":"2022-08-14T23:29:26","modified_gmt":"2022-08-15T03:29:26","slug":"how-your-driving-record-impacts-your-auto-insurance","status":"publish","type":"post","link":"https:\/\/blog.panda7.ca\/en\/how-your-driving-record-impacts-your-auto-insurance\/","title":{"rendered":"How your driving record impacts your auto insurance"},"content":{"rendered":"\n
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We may not all be the most well-read on our auto insurance policies, but it\u2019s safe to say that most of us know that our driving record impacts our auto insurance rates \u2013 for better or for worse. As a rule of thumb, the less accidents you have\/the less severe your traffic violations are, the lower your auto insurance rates will be. Of course, driving history is just one of many factors \u2013 but it\u2019s not to be ignored.

Have you ever wondered how insurance companies check your driving record? Or maybe just how your driving record will factor into your auto insurance rates? What constitutes as a \u201cpremium-altering\u201d event? Read on for details.<\/p>\n\n\n\n

How exactly do insurance companies know what\u2019s on your driving record?<\/h2>\n\n\n\n

When you apply for a new car insurance policy, you\u2019re probably going to be reviewing the last few years of your driving history. Minor bumps, speeding tickets, and anything in-between. Question is, how do insurance companies know your driving history, and what will impact your premiums?

First, it\u2019s safe to assume that most insurance companies will really only consider your last three or so years of driving. If you cannot remember everything that has happened in that period, don\u2019t worry. Your new insurance company may be checking your record with something that is referred to as a \u201cdriver\u2019s abstract.\u201d You can order one of these yourself if you\u2019re curious.

A driver\u2019s abstract (also referred to as a motor vehicle record) is a recorded history of your driving past, which will include any demerit points, driver\u2019s license suspensions, traffic tickets, and driver\u2019s education courses you have taken. These records will not show your accidents.

Often, insurance companies (and even employers, if you\u2019re going to be driving a commercial or company vehicle) will request another form that can detail your driving history \u2013 the most common of which being a three-year driver\u2019s record. This will include your driver identification details, total demerit points, driving convictions, suspensions and reinstatements, and active fine suspensions \u2013 over the last three years. There are also forms that include the same details over a five-year period.

Reports that can be checked include:<\/p>\n\n\n\n