Finding low cost auto insurance is not easy for high risk drivers. As you may already know, insurance companies charge high risk drivers higher premiums. Finding low cost auto insurance can be a challenging but not infeasible.
Who belongs to the high risk drivers group?
A number of factors are used by insurers when determining if a driver is high risk. The most important ones are – age and experience, driving record and credit rating.
Young drivers – insurance experts point out that in a huge % of all accidents, young drivers are at fault. Based on such claims, insurers have no option but to put new drivers in the high risk group. Insurance premiums for teenage boys in particular are quite high, especially for those driving faster cars.
Drivers over 55 – society generally accepts people as senior citizens when they are over 65 years old. There is an argument that senior drivers driver more carefully and rarely own sports cars. Yet, statistics reveal that older drivers are involved in accidents quote often.
People with poor driving record – when insurance premiums are calculated, driving history still plays an important part. You can anticipate to be charged more if you have been traffic violations like – driving uninsured,being at fault for an accident or driving under the influence. You may be required to have SR22 or in some cases even FR44 as part of your policy.
Low credit score – the use of credit score by insurers is seen as unfair by a lot of people. In recent years, insurers put more and more importance on credit rating. People who pay their bills on time are considered as less of a risk.
Cheaper auto insurance for high risk drivers
Some may argue that is is simply impossible to find affordable car insurance for high risk drivers, but that’s not true.
For teen drivers, the most important think to pay attention to is keeping a clean driving record. If you are at school or college, maintaining good grades can lower your premiums.
Obeying the law is very important. Don’t drive under the influence of alcohol and never drive uninsured – its common sense. Don’t allow your insurance policy to lapse if you are required to file SR22 – your license will be suspended.
Driving a more economical car packed with safety features will definitely help you find cheaper insurance.
For senior drivers, as well as inexperienced ones, taking a defence driving course is a great idea.
The easiest way for high risk drivers to find affordable auto insurance is to compare quotes online.
Insurance experts recommend getting quotes from at least 3 insurance companies. You will be amazed by the difference in rates offered by different insurance companies.
Compare Florida Car Insurance quotes online now to see how much you could be saving on your car insurance!