Auto Insurance For High Risk Drivers

High risk drivers usually are at a disadvantage when it comes to shopping for cheap auto insurance because most insurance companies charge higher premiums on auto insurance for high risk drivers.

So, what are high risk drivers?

In a nutshell, these drivers are usually the inexperienced or the accident-prone and therefore bring a higher risk than normal to auto insurance company operations. These insurance companies are in the business because they're able to profit from the premiums paid them monthly and if you're more likely to file claims than the statistical norm, then they'll see you as a risk to their profitability index. In that case, they'll charge you higher so that they're better able to cover their losses.

The relatively inexperienced driver, usually those coming from the 16-25 age bracket are classified as high risk because statistics have shown that they're usually the ones who get caught in an accident. By the age of 25, if you've been keeping a safe driving record, you should see a significant decrease to your premiums or leave the high risk category. Those from the 55+ age bracket are also within the same risk range for the same reason.

Another section of the driving public that belongs to the high risk insurance category are those whose history is peppered with tickets, convictions of driving under the influence of alcohol (DUI) or driving while intoxicated (DWI), and those who has figured in multiple accidents in the last five years. Again, experience has shown auto insurance companies that this population has cost them much in terms of paying for car repairs, hospital bills, and property damage.

Also included in the high risk category are those whose vehicles have been heavily modified and turbo-charged or those who are driving sporty cars with powerful engines. Although it's admittedly stereotypical, statistics again tell auto insurance companies that these cars, when driven, usually receive the most speeding tickets or violate other traffic rules.

Lastly, those with poor credit ratings are also seen as high risk drivers. History has shown that they're more likely to file for claims on their auto insurance.

How to get cheap auto insurance for high risk drivers?

Although it may seem impossible to get affordable rates, there are many ways for a high risk driver to access cheap auto insurance, mainly by showing these insurance companies that you can be a safe, responsible driver despite your inexperience or the number of accidents you've racked up in the past (it is still possible, you know).

� Improve your driving record. Check your driving history with your local Department of Motor Vehicles (DMV) so you'll know your baseline. From there, enroll in a safe driving course. Also, pay any outstanding traffic violations. If you're a new driver and you're a teenager, make sure you pay attention when driving; no driving when drunk and for goodness' sake, don't text and drive. If you're lucky, you can reach the age of 25 without a ticket or an accident, at which time you should graduate from the high risk stereotype.

� Install safety features in your car. Especially if you're driving a highly souped-up car, putting in automatic seat belts, airbags, and anti-lock brakes would help in negotiating for a discount on your high risk driver's premium.

� Change your car. Instead of driving a fast car or a highly modified one, you can always shift to a more sedate vehicle which won't tempt you to max out your car's speed limit every time you get behind the driver's seat.

� Shop for quotes. Call up ten companies and ask each for a quote so you can have a basis for comparison. Be patient; it will take time but there will certainly be a couple of companies who'll respond to your inquiry.

Where to find auto insurance quotes for high risk drivers?

The best way to get better, more affordable rates is to shop online for cheap auto insurance. People usually end up with higher rates because they don't know exactly where to look. Online, you can compare different rates from different carriers.

Usually, online sites require you to key in your zip code, your full name and your email address. You can fill in your requirements and the companies will get in touch with you with their quotes. You should not only check your budget against the company that has the lowest premiums but also the ones with the highest levels of coverage as the latter can be a boon when you do figure in an accident.

Although finding affordable auto insurance for high risk drivers can be a challenge, it is still possible to access cheaper rates if you have the time, the patience, and the determination to get them.