DL123 and Car Insurance after a DWI
One of the long-term consequences of a DWI conviction in North Carolina is either losing your car insurance or a dramatic increase in your policy rates. In some circumstances, rates could increase as much as 300%.
High Risk Car Insurance: Higher Rates
Once a DWI conviction has been registered on your record, you will be classified as a “high risk” driver by your insurance company, which means that your rates will increase significantly—that is, if your policy is not cancelled altogether.
If your insurance company keeps your policy and/or you find new insurance with another provider, your new higher rate may be imposed for up to three years, depending on the specifics of your insurance company’s guidelines regarding convicted drunk drivers.
North Carolina DL123 Form
A DWI conviction in North Carolina will also result in a loss of your license. In order to have your license reinstated, you must first meet all the terms of your sentence. You must also obtain the form DL123, which is issued by your insurance provider and states that you have the insurance coverage required by law in order to drive.