How far back into a drivers history do you think an insurance company should go when accepting a new policy holder?

If you were running an insurance company and had a 45 year old applicant how far back into his driving history would you go?

If a 45 year old was involved in an accident 15 years ago, would you ask him about the details or would you simply say what happened 15 years ago is no longer important?

I'm asking these questions because I went to pay my premium today and there was a guy there trying to get insurance, he said his last accident was 15 years ago. I left and didn't hear the rest.

In Florida they look at 5 years. Some companies only look at 3.

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Rick Miley
2014 Tesla Model S
2018 Tesla Model 3
2017 Nissan LEAF
Former MB: 99 E300, 86 190E 2.3, 87 300E, 80 240D, 82 204D Euro
Chain Elongation References

Depends on the carrier. Most here in Georgia will pull a 3 year or 7 year driving record, but only rate you on the last three.

I agree with Rick, Florida is 5 years. I got a ticket for "rolling" through a stop sign last last......great I think it is $58 bucks. Hope it doesn't spike my premium. It was freakin 3 in the morning, no traffic.....oh well.

Not to worry. They can't raise your rates because of a single moving violation. Three of them in a specific period of time (a year I think) will trigger a rate increase. So will a "major speed", which is 15mph over the limit. Which is why I always try to drive 14 or less over the limit.

Edit: I'm talking to jhal, who lives near me in Florida. The rules in your state may be different.

__________________
Rick Miley
2014 Tesla Model S
2018 Tesla Model 3
2017 Nissan LEAF
Former MB: 99 E300, 86 190E 2.3, 87 300E, 80 240D, 82 204D Euro
Chain Elongation References