Insurance companies base their rates on a variety of factors, which they use to predict how likely you might be to file a claim. Unfortunately, some mistakes can cause insurers to qualify you as a high-risk driver, which can cause your premiums to skyrocket or make it difficult to get coverage at all. Understanding what insurers mean by this designation will help save you money and give you a blueprint for addressing the problem.

What to Know About High-Risk Drivers & Insurance

Why Was I Deemed a High-Risk Driver?

Drivers can fall into this category for several reasons, from getting too many minor tickets in a short period to causing a fatal accident. A DUI conviction will almost always result in a high-risk designation. Based on statistical data about driving behaviors, teenagers can also receive this label, even if they’ve never been in an accident.

How Long Will I Have This Label?

Even if you’ve caused an accident or gotten several tickets, most insurance companies will lower your risk level if you maintain a clean driving record for three years. However, some companies look back over the previous five years. Until the offenses fall off your record, avoiding further accidents and tickets is the best way to eventually lower your premiums.

How Does This Impact My Insurance? 

Most major insurance companies offer policies for some high-risk drivers, but many will refuse to issue coverage to those who’ve had DUIs or caused serious accidents. Fortunately, some insurance companies cater to drivers in this category, helping you get the coverage you need until you bring your risk level down.
 

The professionals at Mazzola Insurance understand that accidents and traffic citations happen. That’s why they specialize in helping high-risk drivers get the coverage they need, comparing policies from several insurers to find the best coverage possible. They offer competitive rates to customers throughout Rochester, NY. To talk to an agent and request a fast insurance quote, visit their website or call their offices at (585) 266-7130.