A5 Minor citations, such as speeding, running a light, improper lane change, etc., remain on your driving record for three years. Major violations, DUI, reckless driving, etc., remain on your record for five years. A6 Not necessarily. It depends on the bond obligation and size of the bond needed. Owning real estate is desirable to a bonding company as an indication of stability.
Good credit is a criteria.
Some sureties will consider collateral in the form of cash, certificates of deposit, or bank letter of credit. Sureties prefer not to be involved in real estate second mortgages, other titles or personal property. Insurance follows the car, not the driver. The other person's policy will pay for any damages to the car. If the insurance carried by the other person is not adequate, your policy may be called upon to provide excess coverage.