subject: Why High Risk Auto Insurance Costs More
[print this page] If you want to pay some reasonable insurance rates it's going to be a little bit tougher if you have a bad driving record or are an inexperienced driver or are over the age of 80. It's common practice throughout the world to charge more for high risk auto insurance. The best way to combat this is to abide by the rules of the road and stay away from traffic tickets and violations.
Teenagers who just get their drivers licenses are usually considered to be a high risk because they don't have any driving experience and they fall into a bad demographic. Young, inexperienced drivers, especially makes, are often involved in accidents and this means that most others will be considered to be a higher risk to insure.
One way of trying to gain some experience before you apply for insurance is to take a driver's education course. Passing this may result in lower rates by some insurance companies. If you've never had auto insurance before or have had it canceled, or haven't had it continuously, you may also be categorized as a bad risk.
Having a number of speeding tickets and/or accidents and claims will also mean you'll probably be paying higher rates for high risk auto insurance. This is because providers can spot a bad trend in your driving habits and they assume that your driving may eventually result in an accident. If you do receive a speeding ticket, it's usually kept on your driving record for about three years, depending on where you live.
Speeding tickets, claims, and other types of infractions will result in most insurance companies raising your rates. This is especially true if you're convicted of serious offenses such as drinking and driving and dangerous driving, etc. In fact, it might be a hard job to find insurance at all if you're record is littered with serious infractions like these.
People who are over the age of about 80 are often considered as high risk auto insurance drivers as well in some parts of the world. This is because many of them start to lose their eyesight and other motor skills. Many regions will make older people pass another driving test once they reach a certain age.
However, just because you may be considered a high risk, it doesn't mean you won't be insured. It's still a good idea to take the time to compare the insurance rates from several different companies. Some firms will offer reasonable rates to bad drivers, but they are still typically higher than the prices that good drivers pay.
by: Lena Shattuck
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