High-Risk Drivers Find Auto Insurance Savings
People who have been in several accidents may find it impossible to get auto insurance for a reasonable price. This is because insurers see them as high risks. Insurers want to make money off of you, but if you get into collisions they will likely lose money.
While it might seem impossible, you can find good auto insurance for a reasonable price, even if you are high risk. Read on to find out how.
Do Your Research, Use Auto Insurance Quotes
Even though all auto insurance companies use the same basic factors in assessing risk, how important each one is varies from company to company. In addition, they also consider minor factors differently in their own unique risk-assessment algorithms. All this means for you that you need to get quotes from every insurance provider you can.
The quickest way to find cheap auto insurance quotes is by using this site. We have located the best quotes around from all the companies in your state. Just confirm your state to get started.
Once you have the quotes, compare prices until you find the one that works best.
Group Insurance and Joint Coverage
Since by yourself you pose a large risk, it makes sense to water that down by getting a policy with other people. If you have a partner or spouse that you can go in on a policy with, you may find that you save a lot.
Even better, you might be able to get insurance through a group to which you belong. Perhaps you are a member of a union, guild, or even some sort club; any of these can qualify for group insurance that charges a flat rate to members, regardless of how risky they are.
Auto insurance companies give discounts for special qualifications that suggest you are less risky. Consider the following discounts as ways to lower your rate significantly:
- Defensive Driving Course
- Low Annual Mileage
- Good Students
- Anti-lock Breaks
- Blind Spot Cameras
Find a Saver Vehicle
One of the biggest financial burdens for an insurer is being responsible for the medical bills of the people in a vehicle should it be involved in a collision. If you are in more than one collision, this is very scary for insurers, so they will charge you more to compensate.
However, if you have a vehicle that is especially good at protecting the driver and passengers, you will reduce this risk. Newer vehicles that have won safety awards are always the best in this regard. While it might seem silly to buy or lease a newer vehicle to get cheaper auto insurance, you will save in the long run.