Driving under the influence is a serious offense in Oklahoma, and it can have far-reaching consequences, including a significant impact on your auto insurance rates. Shopping for insurance after a DUI is often necessary, and although it may take time, there are options available to help mitigate the financial repercussions your conviction has on your auto insurance.
Remember that the best way to avoid these consequences is to never drive under the influence and make responsible choices on the road.
Immediate rate increases
When you receive a DUI conviction in Oklahoma, one of the immediate consequences you will face is a substantial increase in your auto insurance rates. This rate hike is due to the increased risk you pose as a driver with a DUI on your record. Insurance providers consider DUI offenders as high-risk drivers, which means they are more likely to get into accidents and file claims. Consequently, to compensate for this added risk, insurance companies raise your premiums.
In addition to higher premiums, a DUI conviction in Oklahoma often results in the need to obtain an SR-22 certificate. This certificate is a form of financial responsibility that your insurance company files with the state. Essentially, it ensures that you have the required auto insurance coverage. Obtaining an SR-22 is an added expense, as it comes with filing fees and may result in higher insurance rates.
Insure.com notes that the typical Oklahoma driver who gets a first-time DUI sees auto insurance rates rise by 44%. This amounts to an average annual increase of about $643, and it typically lasts for years. Moreover, even after the DUI falls off your record, you may still face higher rates for a while, depending on your insurer.