Insurance Marketplace, Inc Blog
Auto insurance becomes hard to find and costlier to buy when you have a poor driving record. For insurance companies, your driving record is important because they use it to determine the risks when issuing you a policy. Here's how to find the right auto insurance when you have a poor driving record.
High-Risk Driver = Higher Premium Rate
Insurance companies will most likely charge bad drivers a much higher premium than they anticipate to cost them more in insurance payments. It's either for accidents incurred on other motorists for which they are responsible or to pay for car repairs or replacements arising from a crash insurance claim.
These are the following violations that may cost you higher insurance premiums:
According to the models that insurance firms use to set rates, drivers who have previous traffic crashes and violations on their records are more likely to be in potential accidents. Therefore, they are charged higher auto insurance premiums because of the added risk they pose to the insurers.
How to Apply for Auto Insurance
You're called a high-risk driver if you have a poor driving record and may need to look for high-risk auto insurance. Some insurance companies specialize in this type of insurance, providing a way to compensate for high-risk drivers.
Here are some things you might want to consider if you're a terrible driver looking for auto insurance:
It's time to take advantage of any incentives available to you until you find out your monthly insurance rates with a given auto insurance provider. For instance, when you take a defensive driving course, a lot of companies can offer discounts. After all, an insurance agent will be assured that you can stop reckless Driving and file fewer claims if you've taken a course.
As a high-risk driver, searching for an auto insurance policy can be challenging. But there are plenty of choices when it comes to insurance companies. You only need to choose the right coverage that also fits your budget.
At Insurance Marketplace, Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (541) 779-0177 or Click Here to request a free quote.