The cost of a DUI could be higher than you think
Do you know the “real” cost of a DUI? If you believe that the charge’s financial impact ends once the initial ticket is paid in full, you could be in for a rude awakening. In fact, DUIs result in numerous financial costs that can burden convicted offenders for years to come. While it’s impossible to put an exact price tag on this broad category of crime, there are a few important costs that affect virtually everyone who’s charged with a DUI.
Higher Insurance Costs
Once you have a DUI conviction on your record, it’s virtually certain that you’ll be required to pay higher insurance premiums for several years. While the exact premium spike will depend on your insurance carrier and your previous driving record, it’s likely to represent a bump of at least 50% over your previous rate.
Potential Job Loss
Many employers make it a policy to terminate employees charged with or convicted of DUIs. Even attempts to conceal your charge or conviction may be grounds for firing. While it’s hard to put a price on the loss of a job, it’s likely that you’ll lose out on thousands of dollars in wages, salary and/or bonuses before you get back on your feet.
Since DUI convictions become matters of permanent record, yours could haunt you for years to come. Many employers and landlords conduct thorough background checks before extending offers of employment or housing, and impaired driving convictions often result in automatic disqualification for applicants. This may force you to take a less desirable job or live in less suitable housing.
Additional Penalties and Fines
According to some recently available statistics, the full cost of a DUI that doesn’t involve an accident or additional charges such as reckless driving and child endangerment can cost anywhere from $10,000 to $25,000. However, DUI charges that do involve such events can be much more costly. Added criminal charges may increase the likelihood of job loss or future hiring restrictions, and the repair bills and insurance premium spikes associated with a serious accident could tack on thousands to your total DUI cost.
The cost of a DUI could be a very real threat to your financial future. This shouldn’t be cause for panic, but it does require you to take action to minimize the damage. Our legal team has handled countless DUI cases for residents of Indianapolis and the surrounding areas, and we’re proud to provide the support that you require as you fight your charge. To learn more about what we do, call (317) 842-8283 or fill out our online contact form.