Insurance for drivers who are high risk can be very costly. Teenagers, especially boys, are more high risk, but they are not the only ones singled out. There are people who have had the misfortune of many speeding tickets. There are also ones who have been involved in more accidents and are seen as higher risk. Some providers of insurance do not entertain these drivers in any way. However, others make it their mission to give out special coverage for high risk individuals. Before getting coverage, visit multiple companies for your needs.
Teenagers can avoid being high risk drivers by actually keeping their grades up in school. This fares well for students with grades like B or better because they are up for more discounts on premiums. A driving course in school could also drive that bill down. However, even with discounts, insurance for teenagers still reach up to triple that of their parent’s. Teenage girls are less risky than boys, but studies indicate that a lot of people do not have safer habits until the age of 25.
For all users of the road, a professional driver safety program can mean more discounts. These courses are actually only hard in cases where too many tickets have been dispensed. In addition, other offenses require these. However, taking a voluntary course might help in driving down premium price.
If you have had the misfortune of a DUI, you are automatically a high risk client. This goes true even with a clean record. You can get a safe driver status over time, but a conviction of DUI can last up to a decade or more and this depends on the state you live in. Sometimes it stays a lifetime. People with DUI are considered higher risk because they also pose risks to a vehicle in addition to themselves. They may hurt other people and other properties as well. A lot of insurance providers do not give out insurance to people who have had these kinds of convictions in the last 5 years.
In addition, drivers who are aged above 60 are seen as high risk too and given equivalent high risk rates. Studies support these as it has been shown that frequency of collisions increase by the age of 60. These accidents are more likely to have more serious complications. However, the pattern of men being more high risk remains the same. This occurs to a higher rate of 50%. Although age is a big factor, men are more likely to be involved in accidents. The same discounts apply for courses, though.