To Cover That Risk, The Insurer Charges A Higher Premium.
Insurance companies may charge higher premiums to drivers that they think are more likely to get into an accident or file a claim. You’ve received many traffic violations and speeding tickets; You have had one or more vehicle accidents
For Example, If You've Been Convicted Of Driving Under The Influence Of Drugs Or Alcohol Or Have Multiple Speeding Tickets Or At Fault Accidents, You May Be Placed In A High Risk Category, Requiring Special High Risk Auto Insurance.
What is different is the driver. Insurance companies aren’t eager to provide coverage to these drivers as they are more likely to file claims. Drivers who repeatedly get into accidents and drive recklessly cost the insurers money.
High Risk Auto Insurance Your Driving Record Will Determine If You Need High Risk Car Insurance.
These companies agree to insure you despite the increased risk, but they charge a much higher rate for it. It can apply to good drivers, too, and it even applies to some homeowners. Contrary to popular belief, “high risk” insurance is not just for drivers with risky or dangerous driving habits.
It’s Up To Each Car Insurance Company To.
You may face a higher premium, but is there a way to reduce it? People who have had one or more car accidents drivers who have been convicted of dui or driving while intoxicated (dwi) Car insurance companies may either charge you a high price for insurance or deny you collision and comprehensive coverage because it’s hard to determine the safety of the vehicle.
In Addition, The Insurer May Offer Fewer Perks, Or Less Coverage.
New drivers and, for some insurers, young drivers; As mentioned, high risk drivers are drivers who do not have good driving records—but the classification can extend beyond your behaviour on the road.