What is MVR?
An MVR (Motor Vehicle Report) is a document that provides detailed information about a driver’s driving history, including violations, accidents, and convictions. Insurance companies frequently use MVRs to evaluate the risk associated with insuring a driver. The information found in an MVR can directly impact the premium rates for auto insurance, as drivers with a history of violations or accidents may be considered higher risk.
MVRs typically include data such as speeding tickets, DUI convictions, license suspensions, and accident involvement. The information is obtained from the state’s Department of Motor Vehicles (DMV) and is updated regularly to reflect a driver’s most recent history. For example, a clean MVR can lead to lower insurance premiums, while a report that shows multiple violations may result in higher rates or even denial of coverage.
Insurance companies also use MVRs when determining eligibility for discounts, such as good driver discounts. Businesses that insure commercial vehicles often review MVRs to ensure that their drivers meet safety standards, as driving history can affect insurance rates and the company’s liability exposure.