What Makes You A High-Risk Driver

Everyone is afraid of being labeled “high-risk driver” by their insurance company.  And for good reasons: this label brings significantly increased car insurance expenses, limited coverage options and the permanent fear of being dropped or not renewed by the current carrier. Find out what makes you a high-risk driver and try to avoid the contributing factors. Also, if you are interested in car insurance, get a quote for car insurance, for free, from our website.

In the eyes of your insurance provider, you could be put in the high-risk driver category thanks to a number of factors, which leads your insurer to believe that you present a high likelihood of putting forth an at fault claim. These factors include:

  • get a quote for car insuranceHaving a lapse in auto insurance coverage. Car insurance providers see these lapses in coverage as an indication of future risk. So no matter how great of a driver you were with your previous insurer, if you don’t start your new coverage when it is over, then you will automatically be considered high-risk.
  • Having too many tickets, violations, and/or accidents within a year. This is an indicator for a reckless driver and it is a disaster soon to happen.
  • Having poor credit. Not being able to manage and pay your bills in time also warns car insurance companies about the chance of you being late with premium payments.
  • Receiving a DUI or DWI. Driving under the influence will automatically make you a high-risk and will even make most of the carriers drop coverage.
  • Driving a ‘high risk’ vehicle. This refers to sports cars and “pimped”, heavily-customized vehicles. It also refers to more exotic vehicles, for which replacement parts are very hard or impossible to find.
  • Being a young driver. Lack of experience also make people be considered high-risk drivers.
  • Living in an area identified as high risk where accidents and claims are more likely to happen.
  • Having multiple accidents, regardless of who is at fault. Making too many claims will reflect negatively on your insurability risk.

Find out more about auto insurance and get free quotes. Visit us!