Having a clean driving record is important when it comes to getting affordable car insurance. However, if you have been in accidents, received traffic tickets or have a DUI on your record, finding insurance that is both affordable and comprehensive can be challenging. That’s where high-risk driver insurance comes in. In this article, we will discuss what high-risk driver insurance is, how it works, and what you can expect as a high-risk driver.
What is High Risk Driver Insurance?
High risk driver insurance is insurance designed for those who have a higher likelihood of getting into an accident or causing damage to others. This type of insurance is often required for those who have a history of accidents, moving violations, or have been convicted of a DUI or other serious driving offense.
If you fall under one of these categories, you may find it difficult to obtain traditional insurance coverage. High risk driver insurance may be your only option. The coverage will be more expensive than traditional insurance, but it will provide you with protection and peace of mind.
Who Needs High Risk Driver Insurance?
If you have any of the following on your driving record, you are considered a high-risk driver:
- Multiple accidents in the past few years
- Multiple moving violations (such as speeding, reckless driving, or running red lights)
- A DUI or DWI conviction
- A history of driving without insurance
- Being a new driver or having a low credit score
If any of those apply to you, then high-risk driver insurance may be your best option.
How Does High Risk Driver Insurance Work?
High-risk driver insurance works like any other insurance policy. You pay a monthly premium in exchange for coverage in case of an accident or incident. The main difference is that high-risk driver insurance premiums are typically higher than regular auto insurance premiums.
The primary reason for this is that insurance companies assume more risk when providing coverage for high-risk drivers. This means that if you get into an accident, the insurance company will have to pay out more money to cover the damage. In order to offset this risk, they charge higher premiums.
Another difference between high-risk driver insurance and regular auto insurance is that high-risk driver insurance usually has stricter limits and requirements. For example, you may only be allowed to drive during certain hours of the day or on certain roads. Additionally, you may be required to install a breathalyzer in your car to ensure that you are not driving under the influence.
What Can You Expect as a High Risk Driver?
Being a high-risk driver can be tough, but it doesn’t mean that you’re out of options. Here are some things you can expect when looking for high-risk driver insurance:
As mentioned earlier, high-risk driver insurance premiums are usually higher than regular auto insurance premiums. This is because you are considered a higher risk to insure, and insurance companies need to account for that risk.
High-risk driver insurance policies often come with more restrictions than regular auto insurance policies. For example, you may only be allowed to drive during certain hours of the day or on certain roads. Additionally, you may be required to install a breathalyzer in your car to ensure that you are not driving under the influence.
High-risk driver insurance policies may offer less coverage than traditional auto insurance policies. This means that you may have to pay more out of pocket if you get into an accident or cause damage to someone else’s property.
More frequent renewals:
High-risk driver insurance policies may require more frequent renewals than traditional auto insurance policies. This is because insurance companies want to keep a closer eye on high-risk drivers to ensure that they are maintaining safe driving habits.
Can I Get High Risk Driver Insurance if I Have a DUI on My Record?
Yes, you can get high-risk driver insurance if you have a DUI on your record. In fact, in most states, it is required by law that you carry high-risk driver insurance if you have been convicted of a DUI.
Will High Risk Driver Insurance Cover Accidents That Are My Fault?
Yes, high-risk driver insurance will cover accidents that are your fault. However, you may be required to pay a higher deductible and your premiums may increase after the accident.
How Can I Lower My High Risk Driver Insurance Premiums?
There are several ways to lower your high-risk driver insurance premiums:
- Take a defensive driving course
- Drive a car with a high safety rating
- Pay a higher deductible
- Drive less frequently
- Improve your credit score
How Long Will I Need High Risk Driver Insurance?
The length of time you will need high-risk driver insurance will depend on your driving record and the specific requirements of your state. In most cases, you will need high-risk driver insurance for at least 3 years after your last accident or traffic violation.
If you are a high-risk driver, finding affordable and comprehensive insurance can be challenging. High-risk driver insurance is designed to provide you with protection and peace of mind, but it comes with higher premiums and more restrictions. By understanding how high-risk driver insurance works and what to expect, you can make an informed decision about the type of coverage that is right for you.