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A DWI charge is anything but serious. It can lead to a criminal conviction and the possibility of a suspended driving license. An individual charged with a DWI conviction will have dire implications not only in his/her personal life but on their insurance rates as well.

Below are four ways a DWI can affect your insurance rates:

1. Your Driving Record Gets Tainted for DWI charge

DWI charges usually lead to high fines, court costs and suspended license. A DWI conviction stays on your driving record. This can result in social stigma after your legal proceeding has concluded. Insurance companies are more likely to ask for higher premiums when they see a DWI conviction on your driving record, for example. The imputation continues when you’re renewing your auto policy.

2. Paying Higher Premiums

Auto Insurance companies typically inspect a person’s driving records before insuring them. If you have a DWI charge on your driving record, you’ll be into the high-risk category of auto insurance. Consequently, you’ll find yourself having a hard time getting affordable auto insurance. And even if you do find one, be prepare to pay higher premiums for it. This is bad if your income is low or on a tight budget. Worst case scenario, no insurance companies are willing to insure you.

3. Filing An SR-22

If your drivers’ license has been suspended following a DWI conviction, you’re required to file an SR-22 with DPS. You also need to maintain coverage for two years starting from the day of your DWI conviction. Filing an SR-22 provides proof of your financial obligations and that you’re insured accordingly. The filing is also a requirement in case the DMV decides to reinstate your drivers’ license. However, filing an SR-22 fares badly with the auto insurance companies because they’ll demand high insurance rates from you for several years even after your DWI charges.

4. Family’s Insurance Rates Gets Adversely Affected

Unfortunately, a DWI conviction affects both you and your entire family, especially when it comes to auto insurance. Your DWI charge can have a detrimental effect on your parents or your partner. This is particularly noticeable when you list them as drivers of your vehicle on your auto policy. As a result, they may have to pay higher insurance premiums.