Increased in Car Insurance Rate Due to Traffic Tickets
Reader’s Question:
My cousin received a traffic ticket while driving in California. She was advised by her boyfriend to pay more than the amount of the ticket so that her auto insurance company in Alameda, California will not settle this incident. According to her boyfriend, with this violation not being settled, her car insurance rates will not go up. Is there any truth on that?
Charlene
There is absolutely no truth on that. This scenario is one of the popular car insurance myths. Let me explain to you first how this myth works.
They say that if a person pays too much on his or her traffic ticket then the court would not be able to close out the traffic. Therefore, the policy holder’s auto insurance company would fail to see that it has been on your record for some time.
Another version of this myth is if a driver pays a dollar more than the actual fine to the court, then the court would have to send a refund for the extra amount the driver paid. And the driver should never cashed out the refund so it will not reflect on his or her record since the transaction is not yet finalized. This violation will only be closed, once the court has a record of the driver paying for the said fine, meaning to say, the driver had already settled the exact amount due. And on this case, the driver cashing out the refund for the extra amount he or she paid.
However, the truth about this is no matter how much you pay more on your fine would never affect your traffic offense in any way. It will still be recorded thus your cousin’s auto insurance company will still find about the violation. As to your question if her auto insurance rate it will go up, I’m afraid it might. However, she still needs to ask her auto insurance agent in Alameda, CA because that still depends on her insurer company’s guidelines. If she sees an increase on her auto insurance rate, then I would suggest she start looking for new auto insurance companies. She can do that by checking our website for auto insurance premium.
I Need SR22 Insurance To Reinstate my License in Florida
Reader’s Question:
I was involved in a vehicular accident while driving in Florida. I was the at-fault party and I caused injuries to the other people involved. I know I am required to carry SR-22 Am I also required by law to pay for the damages I’ve caused to the involved party for me to be able to reinstate my license in Gainesville, Florida?
Dianne
If a vehicular accident happened on the streets of Florida that resulted to bodily and property damages, your home state’s Highway Safety and Motor Vehicle (HSMV) will ask the owner or the operator of the car to provide proof of full liability insurance coverage at the time of the accident.
The requirement for the full liability car insurance coverage should include and meet the minimum requirements of: bodily injury liability policy ($10,000/ person and, $20,000/ crash and $10,000 property damage liability/crash,) and personal injury protection/pip ($10,000/ person/ crash)
If no proof of auto insurance is provided, then he or she will be asked to purchase and maintain SR-22 form for a period of 3 years. In addition to that, the at-fault party must also secure release from their victims, to prove that they were compensated for the damages they have incurred from the said accident.
So to answer your question, aside from keeping SR-22 form, yes you are also required to pay for the damages of the other party.
For more information on how you can reinstate your license , you may check with the Florida HSMV.
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