High–Risk Car Insurance
Drivers may be considered “high–risk” to insurers if they have had multiple traffic violations, multiple at–fault accidents or have had a DUI conviction. Because of the risk they pose to insurers, their rates are correspondingly much higher than drivers with good records. Some insurers will not even offer coverage to high–risk drivers due to the risk they pose while others companies may charge extremely high rates. There are some insurance companies that cater to high–risk drivers offering them minimum liability coverage for the lowest possible rates.
Reduce Your Rate
High–risk drivers should take steps to help reduce their insurance rates. These steps include checking their driving records with State Department of Motor Vehicles, paying all fines for every pending violation, and taking a driver’s safety course. High–risk drivers may also want to consider switching to a less expensive car to get lower premiums. High–risk drivers should do all they can to lower their insurance rates.
In some states, if you cited by the police for not having car insurance, you will be required to carry an SR–22 document for a specific amount of time (typically three years). SR–22 requirements are also given for those who receive a DUI, a serious moving violation, repeated traffic offenses, or for having their drivers licenses suspended or revoked. The SR–22 is similar to a probationary period after a criminal offense. SR–22 mandates that the driver carry continuous insurance coverage during the period. If the policy lapses for non–payment or is canceled, your insurance company is required by law to notify the state immediately and your driver’s license will be suspended. Enter your zip code above now for a free quote and get started on saving!