Insurance is one of the most important things one should have in order to drive in North Carolina. When you go to buy insurance, your driving record is a prime factor in the price you will pay. Under the North Carolina Safe Driver Incentive Plan, you get points for moving violation convictions and misguided accidents. The more points you have on your record, the higher your insurance premium will be.
Some of the examples of violations that lead to points and increased insurance costs for North Carolina drivers are:
You’ve been in an at-fault accident those results in property damage of $1,800 or less. Or you’ve been convicted of driving 10 mph over the speed limit in places where the speed limit is less than 55 mph. Both violations, as well as other minor infractions, will put 1 insurance point on your record. This results in an increase of 25% insurance premium.
You’ve been convicted of illegal passing, following too closely, or driving 10 mph over the speed limit on roads where the speed limit is 55 mph or greater. For any of these violations, you will get 2 insurance points on your record. This will cause your premium to go up 45%.
Conviction of reckless driving, passing a stopped school bus, a hit and run resulting in property damage only, or speeding in excess of 75 mph where the speed limit is less than 70 mph. , any of these, will get you 4 points on your record and you will see your premium increase by a whopping 80%.