Your insurance premiums may go up drastically, and you may be labeled a “high-risk” customer. Insurance companies keep a close watch on license suspensions / revocations. A revocation of your license means your driver’s license is cancelled, and you will need to submit to an investigation before you can obtain another license.A suspension means you cannot drive for a certain period of time, but can get your license back later.There is a difference between having your Washington driver’s license suspended and having it revoked. (SEE BELOW FOR COMMERCIAL DRIVER LICENSE (CDL) INFORMATION) SUSPENDED LICENSE INFORMATION FOR WASHINGTON