Insurance For Bad Drivers – Where To Get One

2007-03-08 10:33:40

( Insurance )



Your risk profile is the most important determinant of the cost of insurance for your car. If you are perceived as a high-risk driver, you get high insurance quotes for cars. The higher statistical risk of accidents and losses is what makes insurance for bad drivers costly. More people are categorized as high-risk drivers today, but because the insurance industry has become competitive, insurance for bad drivers is now common.

You can be classified as high-risk if you have had your license suspended or revoked. Repeated violations and a history of auto accidents will make you a high-risk driver in the eyes of insurance companies. Those who’ve never bought insurance for their cars are assigned to this category.

If you have a really bad driving record and cannot find insurance for your car, there is at least one company that specializes in insurance for drivers like you. You can look them up on the Internet by using the keywords Nonstandard Insurance in the Search window.

Many states also offer insurance for high-risk drivers through a system of assigned risk pools. But you probably will find more favorable deals by getting your insurance quotes for cars from private companies.

If you have sons 20 years old or younger who drive, they will also be viewed as high-risk. Auto insurance for teenagers costs higher, unless you can qualify them for discounts due to driver training and good school grades.

Like life insurance for seniors, premiums in insurance quotes for cars driven by seniors are higher. If you are 70 years old or older, you are considered high-risk, and get lumped into the category of nonstandard policy insurance for bad drivers. Somehow, although senior adults tend to do less driving, the rate of fatal crashes per mile driven is higher for retirement-age adults than for teenagers.

An insurance company president says that the nonstandard segment of the insurance market is growing two times faster than the overall market. Insurance industry competition is heating up so you can expect realignments in how insurance for bad drivers is packaged.


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