When your insurance renews the insurance company will check the record of all drivers on your policy for the three year period prior to the renewal. This period is called the “experience period”.
In NC an insurance company can raise your insurance premium if a person has more than one speeding ticket over 10 mph, if more than one prayer for judgment has been used for all of the drivers or for any other moving violation.
An insurance company can also raise your premium if a driver was involved in an at-fault accident causing personal injury or property damage over $1800.00. These rules do not apply if you change insurance or change coverage in which case the insurance company can raise your rates.
For more details, call Doug Portnoy at 919.875.8773