• Home
  • About
  • Car Safety Store
  • Car Insurance Videos
  • Sitemap
  • Privacy Policy

CarInsuranceRules.com

Car Insurance News, Facts, & Resources

  • Car Insurance Info
  • Car Insurance Tips
  • Car Insurance Advice
  • Car Insurance Secrets
  • Car Insurance News

Getting Car Insurance if you are High Risk

June 18, 2010 by mrwonderful Leave a Comment

If you are considered a high-risk driver, finding car insurance can be quite a pain. Many insurance companies will deny insurance to high-risk

drivers, while others just choose to charge extremely high premiums. So it is important to shop around for the best rates available.

There are many different factors that can label you as a high-risk driver. However you’re driving record is the most important factor in determining your risk status. Most insurance companies will check your driving record for the past 5 years. Being involved in any accident and/or several accidents or tickets can deem you a reckless driver. You may be labeled a high-risk driver just by the number of speeding tickets you have received.

There are also several personal factors that contributed to the high-risk label. Unfortunately, many of these factors are beyond your control. Men are typically deemed a higher risk than women, and those who live in the city are considered higher risk than those who live in the country. If you are a city dweller, you will probably pay higher car insurance premiums than if you live in the suburbs or in a rural area. Also, drivers with newer cars are charged higher premiums than those with older automobiles.

Even your credit history can affect your car insurance rating, though these laws are changing due to the fact that a person’s credit rating should have no basis on their insurance rate. Those with low credit ratings are usually charged higher premiums than those with better credit scores. Whether or not you have been covered by car insurance continuously is also a factor. If there are gaps in your coverage, they will assume that you have had periods of uninsured driving. Because driving without insurance is very unsafe and also very illegal, insurance companies take this into consideration when considering your rate.

Though it can take several years of clean driving to erase the high-risk driver label, it can still be done. Three years is the industry standard for reassessing a driver’s safety rating. If you have a clean record for a three-year period, you can work your way back to the benefits of lower premiums. However, three years’ worth of high premiums can really add up over time. If you are a high-risk driver, there are still ways to lower your insurance payments. With a little research, you can reduce your payments by a fair amount.

There are many car insurance companies that offer free quotes online, this makes comparison-shopping easier than ever. There are even websites that will find a list of quotes for you. This process may take a few days, but the results are typically worth it.

Having a clean driving record is the best way to ensure that you will get the best car insurance rates. Being aware of where you are and those around you and keeping your speed within the limits will keep your driving record good and this in turn will keep your insurance rates down. Remember the better a driver you are, the lower (usually) your insurance rate will be.

Filed Under: Car Insurance Tips Tagged With: high, high-risk, record, risk

Leave a Reply

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

  • The Basics When Trying To Pick Your Auto Insurance

    Insurance is full of very complicated terminology and wording that is regarded as complex. You may find yourself feeling hopelessly confused and unsure of what anything means. The goal of this article is to help you understand a few of the common insurance terms that agents use. Knowing what the agents are talking about will […]Read More »
  • Protect Your Car With These Tips On Auto Insurance

    Many individuals are under the impression that learning the fundamentals of auto insurance is hard to do. Once you have learned the basics of insurance, you will be less confused about all of the different terms and how to get the most for your money. TIP! Look around and compare prices before choosing which insurance […]Read More »
  • Make Smart Decisions With These Auto Insurance Tips

    Motor vehicle coverage is for more than just the body of your car. It is a means of protecting both you and other drivers. When buying car insurance, it’s important to make sure your policy meets and exceeds your expectations. This article is designed to help you pick a plan that works for you. TIP! […]Read More »
  • Popular

Copyright © 2022 · Lifestyle Pro Theme on Genesis Framework · WordPress · Log in