Auto insurance for high-risk drivers is significantly higher than those who drive with care and avoid traffic violations. However, there are several insurance companies that are willing to insure risky drivers.
First of all, folks with multiple accidents and traffic violations are considered a great risk for insurers. These types of drivers usually pay the highest premiums for auto coverage.
It’s obvious that drivers who have had numerous accidents, multiple speeding tickets and other traffic violations are considered high-risk drivers.
There are other factors that may make some drivers high-risk too, such as:
An SR22 is auto insurance (rather a Certificate of Financial Responsibility) that is issued so that a driver's license, that has been suspended or revoked, can be restored once the obligations have been met. In general, these are three-year certificates, but can last up to five years.
This certificate (SR22) guarantees the State that the driver has complied with the minimum liability coverage. Your state's DMV will be notified if coverage is canceled or not maintained.
There are a number of ways to find less expensive car insurance if you are a high risk driver. However, it takes patience and of course time to find the lowest rates.
If a company denies you car insurance; keep looking. Even though the rate may be higher, another insurer may be willing to offer you insurance coverage.
Over time the cost of your insurance will gradually decrease, that is, if you do not receive any more traffic violations or cause a car accident.
The Bilingual Insurance Agency Directory. Since 2008, Seguro-Insurance.com has helped consumers find affordable insurance rates in their native language.
