NEW YORK (TheStreet) -- Good drivers, rejoice! You save a ton of money on your car insurance premiums just by not doing boneheaded things like getting a DWI.
Using bad judgment when driving is not only dangerous, but can cost you thousands in insurance premiums.
When you drive recklessly, get into multiple accidents or drive under the influence of alcohol or drugs, for instance, insurance companies may consider you "high risk" and jack up your annual premiums. In some states, annual premiums and the resulting penalties aren't so bad, resulting in a few hundred dollars extra per year for bad behavior. In other states, though, premiums can more than double, depending on the offense.
A report by personal finance Web site WalletHub, ranked states based on how much they penalize high-risk drivers. WalletHub compared car insurance quotes for drivers from the five largest auto insurers, according to financial data source SNL Financial. WalletHub obtained quotes for five hypothetical customers that were identical except for driving history. Traffic violations included: driving under the influence; two accidents in the last two years; reckless driving conviction; ticket for speeding over 20 mph; and driving with a suspended license. Each state's base annual premium was assumed for the hypothetical driver with no traffic violations.
WalletHub's hypothetical driver is a single male, age 37 years, and driving a 2008 Honda Accord.
Dying to know where your state falls on the list for insurance premiums for high risk drivers? Check out the 10 states where it will cost you the least, even if you're a bad driver. And when you're done, see the top states where it is the most expensive to be a poor driver.
Base Annual Premium: $852
Vermont is the tenth least expensive state to be a poor driver in. The state has the third least expensive base premium compared to all 50 states and the District of Columbia. And being a bad driver won't all that much to the tally. For instance, getting into two accidents in two years in Vermont adds $832 (compared to $4,253 in Michigan, the most of any state) to a person's annual premium. Getting a DUI conviction adds $568 per year, according to WalletHub.