Drinking and driving is a serious offense that can result in major legal and financial consequences. If you’re facing charges for driving while intoxicated, it’s likely you’re wondering how this will impact the price you pay for auto insurance. The state of North Carolina doesn’t take DWI cases lightly, which is reflected in how much policy premiums typically increase after a conviction. NC drivers tend to see their rates skyrocket by more than 300%, making it one of the costliest states to get a DWI in. Here’s some further insight into what you can expect to happen to your coverage costs if convicted.

What Does a DWI Conviction Mean for Your Auto Insurance Costs?

Direct Impact on Premiums

Insurance companies rate drivers based on how much of a risk they are to insure. With a DWI on your record, you will automatically be viewed as a high-risk driver. This is because the act of drinking and driving significantly increases your chances of being in an accident. Alcohol impairs a person’s driving ability by slowing their reaction time, affecting their concentration, and making it difficult for them to properly monitor speed. Therefore, getting a DWI will lead to considerably higher auto insurance premiums. The exact amount your rates will rise depends on the insurer and whether or not you have any previous DWI convictions.

SR-22/DL-123 Insurance Requirements 

For a first DWI conviction, North Carolina law will impose a mandatory revocation of your driver’s license for one year. To get it reinstated, you must go through the proper procedure, which includes obtaining proof of financial responsibility.

In many states, this is done by acquiring SR-22 insurance; however, NC requires a DL-123 form instead. This is not auto insurance but rather evidence you must provide the DMV to show you have purchased coverage that satisfies the state’s minimum liability requirements. The limits in NC are $30,000 bodily injury per person, $60,000 bodily injury per accident total, and $25,000 property damage.

If you need assistance getting adequate auto insurance after a DWI conviction, turn to the professionals at High Rock Insurance Agency. They’ve helped countless high-risk drivers in Davidson County, NC, find the coverage they need to reinstate their driving privileges. As an independent agency, they have access to multiple providers, allowing them to provide you with different options and competitive pricing. Call (336) 236-9022 to schedule an appointment or visit their website to request a quote.