Who Is the High-Risk Driver?
In the world of auto insurance, high-risk drivers get little love. Car owners classified under high-risk have little hopes of qualifying for cheap car insurance. Companies do not give inexpensive car insurance to most car owners, including risky drivers. There are different types of high risk drivers in the discernment of insurance providers. What makes you a risky driver?
1. Being a teen – Teenagers are classified as high-risk drivers because of their inexperience and love for adventure. These two general traits of young drivers make them likely candidates to car insurance claims due to liability, damages, and accidents. Providers put a high price on the coverage of most teens.
2. Having DUI case – One single report of driving under the influence is enough to make insurance companies think that you should pay high premiums. They don’t trust people who have been apprehended by the police due to careless situations like driving while intoxicated. The reason is already given. You are a threat to your car, yourself and others if you excursion while under the influence of drugs or alcohol.
3. Violating traffic rules – Drivers who violate simple driving rules and road signs are reckless and irresponsible drivers. They have higher chances of meeting an accident on the road. Companies frown at those with a likelihood of having car accidents, because that method they would have to use for the insured car owner responsible for the accident. As much as possible, keep your driving record clean. The more traffic violation situations you have, the higher premiums you get.
4. Not obtaining insurance – Obtaining means coverage is very important for car owners and drivers. Not doing so is a violation of the law and is considered a serious offense. The immediate consequence would be disqualification from driving for a period of time. There could be a 28 day driving ban for the first offense. Succeeding offenses can rule to more serious consequences, including longer bans and huge fines. Companies don’t like DWI reports. Your best option is to acquire coverage before you excursion your car. Also, take observe of the date when your auto insurance expires. revive it before its expiration date to avoid penalties.
Should you be worried? You should be, but, be assured that the high-risk position does not last forever. If your driving behavior improves, you can get out of the risky position. There are many ways to enhance your standing. One is by making sure you carry car insurance while driving. If you are a new coverage holder, you will be under high risk car insurance policy for six consecutive months. You are advised to stay under the policy until the high-risk position is lifted.
Receiving multiple tickets and being involved in several road accidents makes you a risky driver for three years. During this period you will have to deal with high premiums, which is not good to your finances, but you have no choice. You will have to make an effort to become a better driver until your most recent violation falls off your record.
High-risk drivers should speak to their providers for their options. They should also shop for insurance deals to find the best option. But, cheap coverage should not be expected meanwhile.