Accidents stink. If the accident was your fault or classified as "no-fault," the accident itself is just the beginning of your worries. Now you have a tainted record and increasing insurance rates in addition to dealing with car repairs.
Exactly how long will the accident stay on your driving record? The short answer is three years.
However, insurance companies and policies will vary on how they look at accidents. Most will keep them on your driving record for three years from the date of the accident or violation.
Yes, traffic violations can have the same effect on your driving record as an accident. The exact "punishment" will depend on several factors:
Many assume that because they were in an accident or received a traffic violation, their rates will go up and there's nothing they can do about it. Think again. There are a few things you can do to keep your rate from going up, but it all depends on your previous violations, where you live, and how severe the violation or accident was.
Here are some ways to keep your rates from going up.
Insurance companies are in the business of managing risk. If you get into an accident that was your fault (or no-fault) or drive recklessly and get a traffic violation, you've proved to be a greater risk to insure. Therefore, your rates will most likely increase for the three year period.
Remember, various insurance policies and companies will treat traffic violations and accidents differently. Be sure to consult a professional if you have further questions about your rates and how long an accident will stay on your record.