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Tag: Wrecks

Wrecks, DUIs and low credit scores: Here’s how much they can drive up the cost of your car insurance

Finance
Pamela Moore | iStock | Getty Images PlusAh, the joys of the open road and carefree driving, until something happens that makes it cost even more. There are events — i.e., accidents, arrests for driving under the influence, a lapse in coverage — that can drive up the cost of your car insurance. By how much? It depends on a variety of factors, including where you live and the infraction or circumstance that causes the premium to spike."Drivers in certain parts of the country are paying considerably more for their auto insurance, especially after certain life events," said certified financial planner Stephen Kates, insurance analyst for Bankrate.More from Personal Finance:Here’s what post-pandemic travel might look likeHow much you need to earn to afford a houseTax-refund scam targets c...