Insurance Tips for Accident Prone Drivers ?

Answer 1

Drivers want low insurance rates, which can be difficult for accident prone drivers, let alone getting coverage at all. Insurance companies have underwriting guidelines that limit how many violations a driver can have and qualify for insurance. Some of the top companies only allow 1-3 violations; however, there are options for drivers with a less than perfect record.

Options for the Uninsured Driver

A driver with a poor driving record can get an indemnity (high risk) policy with a standard company; however, the most affordable way to get insurance is to go with a company that specializes in high risk insurance. Many of these companies are not standard, but will cover a driver even with a DUI or OWI. Even with a non standard company, the rates can be high with premiums up to $2,000. However, some high risk insurance companies provide low rates, even for high risk drivers.

What Coverages to Get

An accident prone driver may be tempted to get the lowest limits to avoid a high premium; however, the lower the liability limits the more likely they will have to pay out of pocket in an accident. For example, the most the state minimum of of 25/50/10 will cover is $60,000. If the damages are 100,000 the insured will be expected to cover the remainder. Higher liability limits ensure the driver will be covered. Also drivers who are more likely to have accidents may want comprehensive and collision to repair or replace their own car if it is damaged. Rental reimbursement and roadside assistance can also save money for towing bills and rental fees should the vehicle be in the shop.

How to Get the Lowest RatesAccident prone drivers should contact several companies to compare rates to get the best policy. It is important to find out how many accidents a company will cover as well as see if they offer rate protection or accident forgiveness in the event of a claim.

For the accident prone driver, insurance can be high and difficult to obtain, but there are special companies that offer solutions to help keep them covered at the best rate possible.