Are insurance points the same as the points on one's driving record?

Assigned Risk PointsNo they are totally different. Insurance Companies assign points to a driver based on a number of criteria, Such as Age, Driver experience, Personal Credit, The type of Vehicle, Zip Code and place of residence, Marital Status, certain but not all citations chargeable on your driving history.

The Insurance companies risk system is designed to access the likelihood of an accident or other loss.

This is a common misconception. They are totally separate but they are directly related.

Driver's License points, not all states have a point system, are used by the Department of Motor Vehicles to suspend the license of habitual traffic offenders. The laws vary widely from state to state especially for tickets received outside of your home state.

Insurance points are assigned by your individual insurance carrier and are used to determine the cost of your auto insurance. The more traffic tickets you have received, the more insurance points and the higher your premiums. Again this varies widely among the various companies. It is always a good idea to comparison shop rates.

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