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High Risk Auto Insurance 
 
by Sandra Bell July 19, 2005

What makes me a high risk driver?

There are many factors, some of them less serious than others.

  • at fault accidents
  • serious offenses like DUI
  • several tickets
  • non payment of ticket including parking tickets
  • multiple not at fault accidents suggesting a pattern of reckless driving
  • not having continuous coverage which suggests you have driven without insurance or have been dropped by your insurance company
  • driving a high performance sports car

In addition to the above, a poor credit history might combine with other factors to put you in the high risk category. If you are a male or a teen, you are considered to be a higher risk driver.

How can I lower high risk insurance costs?

Your main goal at this point is simply to stay on the road while being insured. Think about driving an older car because the more expensive the car, the higher the rates. Take the highest deductible you think you can handle. Drop collision and comprehensive coverage.

I can't find anyone who will insure me; what should I do?

Contact your state's insurance commissioner. You will enter the state's "shared market" where risk is "shared" among the insurance companies doing business in that state. You will get bare bones insurance but at least you will be insured.

My roommate has a DUI and now my premiums have gone up. This doesn't seem fair.

If you are living with someone who has committed a serious traffic offense and doesn't have his own insurance, your insurance will be affected. Your only solution is to get a new roommate.

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