Do Minor in Possession Charge Affect Car Insurance Rate?

 

October 27, 2008 by · Leave a Comment
Filed under: Teen Insurance 
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Reader’s Question:

I would like to know if Minor in Possession will increase my car insurance rates? I live in Brooklyn Park, Minnesota.

James

Insurance providers differ from however being charged with being a Minor in Possession (MIP) will affect your automobile insurance rates. Young motorist under the age of twenty five are found to be inexperience so typically have higher car insurance rates already, so being charged with a Minor in Possession (MIP) will make the risk for the insurance provider to cover the youth even higher and therefore increasing their car insurance rates even more.

Minor in Possession is what the individual under the age of twenty one in ownership or possession of an alcoholic beverage can be cited with by a police officer. Typically most violators are fined and possibly given community service. Penalties may include driving privilege revocation for a period of up to one year.

Do Minor in Possession Charge Affect Car Insurance Rate?

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