What Car Insurance Companies Only Go Back 3 Years?

What Does this Mean for Drivers?

For drivers, understanding car insurance companies that only go back 3 years is a key factor when it comes to selecting the right insurance policy. It’s important to know that your insurer will not look back further than 3 years when determining your rate.

Why Do Some Insurance Companies Only Go Back Three Years?

The reason why some car insurance companies only go back 3 years is to protect their potential customers. Insurance companies want to make sure they are giving their customers the best possible rates and if they went back further than 3 years, it could mean higher rates for those customers.

What Insurance Companies Go Back 3 Years?

Many of the major car insurance companies go back 3 years when determining their rates. These include companies like Allstate, Geico, and State Farm. Other smaller companies may also look back only 3 years when determining their rates.

What Happens After 3 Years?

Once 3 years have passed, the insurance company will no longer take your past driving record into consideration when determining your rates. This means that any violations or accidents that occurred more than 3 years ago will not affect your rates.

Final Thoughts

For drivers, understanding car insurance companies that only go back 3 years is important when selecting the right insurance policy. It’s important to make sure that your insurer will not look back further than 3 years when determining your rate. Many of the major car insurance companies go back 3 years when determining their rates, so be sure to look at the policy of the company you are considering.