Most states require drivers to have minimum auto insurance coverage. If you have a bad driving record, getting the standard coverage for your car can be challenging. Fortunately, some insurance companies specialize in providing high-risk drivers auto insurance coverage.
So, what exactly is high-risk car insurance? Who needs it? Where can you buy it? You will find answers in this guide.
What Is High-Risk Auto Insurance?
If you have been in several car accidents, have several traffic citations on your record, or even have a DWI or DUI conviction, insurance companies may classify you as high risk. These infractions suggest that you don’t drive safely and are prone to tickets and accidents to the insurance companies.
Who Are Those That Needs High-Risk Auto Insurance?
There are several reasons why people need high-risk auto insurance. However, the primary reason for buying high-risk auto insurance is poor driving records. You may also be a candidate if you:
- Are a first-time driver
- Are over 65 years
- Are under 25 years
- Have a DUI/DWI record
- Have a poor credit history
- Have a history of claim payouts
- Were involved in a car accident
- Accumulate too many traffic violations
- Caught driving without having insurance
- Have a lapse in your insurance coverage
There are several more reasons, but these are the most common ones.
Where Can I Purchase High-Risk Auto Insurance?
While some insurance companies won’t insure high-risk drivers, others will do. However, keep in mind that even the lowest rates for high-risk car insurance will still be higher than the standard car insurance policy. Once you have a clean driving record, insurers will feel more comfortable offering a standard policy.
