Will Multiple Accidents Affect Car Insurance Rates in Ohio
Reader’s Question:
I am a resident of Cleveland, Ohio. I have been involved in three car accidents this year although none of them was my fault. Will this affect my insurance rates when I renew them?
Maureen
Cleveland, OH
Maureen, nice of you to bring this topic as a lot of people I know are asking this question. Let me just give you a brief interlude about insurance.
As you may know, insurance in general is about sharing risks. If more claims are made by members, it will translate to less profit for the insuring company. The opposite of this also holds true, the less claims members make, the more profit for the insurance company.
With this in mind, insurance companies now, including those in Cleveland, Ohio, are giving benefits to those drivers with good records. What does good record mean in the eye of the insurers? Good records come in the form of minimal to zero accident claims. Traffic tickets also are looked at, so expect higher premiums if you have a lot of tickets. The trend now really is, companies are now giving lower premiums to those members who ideally have zero claims. This pertains particularly to road accidents, and zero traffic tickets.
Maureen, I understand that you may gotten involved in three vehicular accidents but none of them was your fault. Although none of them was your fault, what will matter with your insurer is if you made claims on those accidents. So, if it was not your fault, make sure you make the party at fault make the claim so that your insurance premiums will not be affected, and much more importantly, you can keep your good driving record.
Will Traffic School Remove My Speeding Ticket From My Record?
Reader’s Question:
I got a speeding ticket in the state of Ohio. Will this be transferred to my home state KY? Is there a way to remove it? Can I enroll in a traffic school? Please help.
Jana
Thank you for asking Jana.
Kentucky and Ohio are both part of the Drivers License Compact. This means that Ohio will share your speeding ticket to Kentucky therefore it will likely show up on your KY driving record. Although Kentucky does not assess points for out of state speeding tickets, it does for other types of tickets.
Kentucky’s defensive or traffic school can be referred to by the court system and since your ticket was in OH and not KY then I dont think that you could do traffic school. The speeding ticket that you received in Ohio could affect your insurance rates in Kentucky when it shows up on your record.
Insurance providers differ on their rating system so you may contact your insurers to find out how this ticket can affect your premiums. So if you do not want to just pay the ticket and remain on your driving record you could contact an Ohio lawyer to see what options you have.
Goodluck!
MariCAR
Loading ...