Getting Car Insurance as a High-Risk Driver

Car insurance is one of the bills you’ll pay for the rest of your life. You can’t pay off a car insurance bill like you would a loan or credit card. Regular payments on your premium need to be met to keep you insured. But, what happens if your driving record isn’t the best?

DUIs, DWIs, multiple speeding tickets, poor credit, and even the type of car you drive can cause you to end up in the high-risk driver column. Insurance companies take your driving record, credit score, insurance history, age, and more into account when you apply for a plan. They then sort drivers into different groups based on these characteristics.

If you find yourself labeled as a high-risk driver, you will run in to some trouble trying to find a good car insurance policy. Insurance companies don’t like to insure people they deem at risk because of the cost to them in the event of an accident or other incident. So how do you find a fair car insurance rate when you’re a high-risk driver? Keep reading to see what you can do:

Shop Around

If you applied for an insurance plan and were rejected, your options don’t end there. Some insurance companies simply won’t accept drivers with too many negative marks on their records. There’s not a lot you can do if you’re rejected by an insurance company – their policies and rates are determined by a number of factors out of your control.

When your application is rejected you can’t just drive without insurance, though. Car insurance is required by law in every state. The best thing to do in this case is to shop around for other policies. There are insurance companies that specialize in high-risk policies, making their plans easier to qualify for and their rates lower than the rest.

Make Amends

DUIs and DWIs and are unfortunate reality of being on the road. Good drives make the mistake of drinking and driving, sometimes leading to disastrous consequences. If you’ve been charged with a DUI/DWI, there’s no doubt your car insurance rate with increase. On top of fines and legal fees, you’re automatically marked as a high-risk driver. Some states even require you to apply for special insurance after you’ve been charged, usually called SR-22 insurance.

You’ll already be paying your fair share of fines and penalties; expensive car insurance is to be expected. But, you can take some steps to show the insurance companies you’re trying to improve. Driver Improvement courses are held for people with a lot of speeding tickets or derogatory marks on their record. These classes teach valuable safe-driving skills, requiring lots of hours spent learning how to improve. Driver Improvement classes can help lower your premium and remove your highrisk status.

Know your Options

There’s no doubt that high-risk drivers will have a harder time finding affordable insurance than someone with a good driving record. The unfortunate realties of a bad driving record are the obstacles you face when you’re trying to repair it. Most people can’t afford to be without their vehicle. On the other hand, they also can’t afford sky-high premiums. This turns into a vicious cycle, making some drivers feel helpless and at war with their mistakes.

Some states like Maryland offer automobile insurance funds designed for drives how have been turned away from other insurance companies due to their record. This insurance program, known as MAIF, provides drivers with lower rates to help keep them on the road. Just because you’ve made a few mistakes driving does not mean you should have to go into debt to pay your insurance premiums.

Regardless of why you’ve been labeled as a high-risk driver, you can find insurance to meet your needs. Granted, it won’t be as cheap as someone with no record pays. But it can help keep you on the road while you try to make improvements. Leave your mistakes behind and focus on becoming a safer, smarter, insured driver.