When it comes to buying car insurance, some drivers are considered higher risk than others. Consequently, these people must generally pay higher premiums for coverage. Numerous factors, including both driving and non-driving behavior, contribute to high-risk driver status. If you've wondered about what it takes to be considered "high-risk," below are answers to some of the most common questions on the subject.

A Brief Overview of High-Risk Drivers

What makes someone a high-risk driver?

Insurers examine numerous factors in their policyholders' history and behavior to determine how likely they are to cost the company money. The more likely they are to file a claim, the higher their perceived risk. Key factors include a history of past claims or a history of moving violations. You may be labeled high risk if you have one or more serious violations on your record, such as a DUI or reckless driving conviction. Similarly, a history of repeated minor offenses is also an indication of risk.

How does a high-risk label affect car insurance?

If you are a high-risk driver, you will almost certainly pay more for coverage than you would otherwise. Moreover, you might have trouble buying insurance at all. Traditional insurers may turn you down, and you might have to work with a company that specializes in covering high-risk drivers. No worries though, here at Zimmerman Insurance we have multiple companies that specialize in automobile insurance for high risk drivers.

What non-driving factors influence risk status?

Your credit score impacts rates because insurers have discovered a correlation between safe driving and responsible credit use. Your age is also a factor since young drivers usually are inexperienced and more likely to be involved in accidents. Some locations increase your risk factor, as does a spotty coverage history. Insurers like to see a long, unbroken history of high coverage levels, as it indicates financial responsibility to them.

How can a high-risk driver reduce premiums?

If you are paying a lot due to your past behaviors, you can reduce your payments in a few ways. Most insurers offer bundle, or multi-line, discounts for drivers who buy more than one policy with them. This could mean two car insurance policies or one car and a homeowners insurance plan, etc. Others offer discounts to drivers who complete an approved defensive driver safety course. Meanwhile, work on improving your driving record and your credit score.

To have an experienced agent help you design a car insurance policy, contact Zimmerman Insurance Agency in High Point, NC. They have served Guilford County and the Triad region since 1963. In addition to auto and motorcycle insurance, they also specialize in home and business insurance. Learn more about the company on their website or call (336) 883-6512 to request a car insurance quote.