What You Need To Know About Getting High-Risk Insurance

22 September 2020
 Categories: Insurance, Blog


Have you been in one or more car accidents recently that were your fault? If so, you might be currently classified as a high-risk driver. In some cases, this could make it difficult for you to renew your policy with your current provider or you might have difficulty finding another company that will take you on as a customer. But with that said, there are some auto insurance providers out there that will offer high-risk insurance options. Here's what you need to know if you are going to get an insurance policy as a high-risk driver.

You Can Still Comparison Shop

Yes, obviously, a high-risk insurance policy will cost you more money than a regular policy that a low-risk driver would qualify for. But just because you are expecting your premium to go up, that doesn't mean you can't comparison shop. Look around for more than one auto insurance company that will cover high-risk drivers such as yourself. You can still read the fine print on the policies and make the best decision, just like you would if you were shopping for regular policies.

You Can Turn This Around and Go Back to a Regular Policy Someday

Unless you have really bad luck or are just spectacularly bad at driving, it is unlikely that you are going to be classified as a high-risk driver forever. Keep your driving record clean for a year or two, and you might have more options become available. Some companies that offer policies for high-risk drivers may allow those drivers to switch to a different policy once so many months have passed without another at fault accident. So keep your head up and stay focused on the road, this isn't the end of the world. You can still get the insurance you need to be legal on the road and work towards getting back to where you were before your recent accidents.

High Risk Is So Much Better Than Nothing at All

If you are frustrated that you are currently considered high-risk, you might be considering just throwing your hands up and going without insurance, but this is a terrible idea. Consider just how expensive it might be if you do get in an accident and you don't have any insurance at all to cover you. You could end up paying for property damage or even someone's medical expenses all out of pocket. Getting into an accident with no insurance may also get you in trouble with the law or could get you sued by the other driver in order to recover damages