“High Risk” Drivers

Insurance companies will label you as “high risk” if they determine you are more likely to file a claim than another driver. How do they decide what your risk level is?

  1. Your location. If there’s a lot of accidents, crime, and bad weather in your part of town, your “risk” level will go up.
  2. DUI/DWI. You are definitely a high-risk driver in this case. The DUI will stay on your record for ten years, making you ineligible for a safe-driving discount, which puts you at a higher premium for a decade.
  3. Your vehicle. If you have a mini van designed for driving children around, your insurance will likely be cheaper than if you’ve got a sports car.
  4. New to driving. It’s hard to learn without experience. The longer you’ve been driving, the better you are at it, the less risk you have while driving. The younger, the riskier. Three years or more of driving experience makes your eligible for a lower rate.
  5. Depending on your state, your credit plays a role in the price of your car insurance. Carriers rate based on your responsibility to make payments on time.
  6. Your driving record. Obviously, if you have any claims or tickets on your record, they’ll charge you more to insure your car. This is to make sure both you and the company are covered if you do have a claim.
  7. Your mileage. If your work is not too far from home, you’ll be paying less in both insurance and gas.

Depending on how risky things look on your record, the insurance companies can even deny coverage. These are some of the many factors that are considered when carriers rate your premium.

 By: KayLynn


Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Search All Blogs

Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Want to learn more about our blog writer?

Read more about KayLynn's background.

Click Here

Search All Blogs

Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Why You Should Consider Uninsured Motorists Coverage

Your Odds of Being Involved in an Accident with an Uninsured Motorist May Be Greater Than You Believe

Tree Houses and Homeowners’ Insurance

Does a Tree House Put You at Higher Risk When it comes to Homeowners’ Insurance?

When Was the Last Time You…?

Ready for a Trip Back Into Time?

Business Insurance for Start-ups

Protect Your Business from the Very Start with a Custom Business Insurance Plan

Life Insurance Is Not About You

There are Many Good Reasons to Get Life Insurance. You May Not Be One of Them.

Big Boy Toys and Auto Insurance

Make Sure Your Motorized Toys are Covered

Six Common Homeowners Insurance Mistakes

Avoid These Common Errors When Buying Homeowners’ Insurance

Five Recent Fads That Came and Went Quickly

Wow! What Was That? Oh, It Was the Latest Fad.

Are You Legally Required to Carry Business Insurance?

What Type of Business Insurance May Your Business Be Required to Carry?

Four Needs Life Insurance Can Help Fulfill

Life Insurance May Be More Versatile Than You Think

Leave a Comment