Reader’s Question:

Do high risk car insurance companies charge more than other car insurance providers? Can you give me some general information about them?

Allan

Charleston, WV

Insurance coverage for what are called high risk drivers is generally costlier than the standard coverage. Car insurance companies offer a variety of packages for a variety of drivers -young, female, senior, and high risk. The premium changes with each classification.

By the way, what do you mean by high risk car insurance companies? It is possible for any high risk driver to get car insurance coverage from most companies. Compared to more reliable drivers, though, with better driving records, they get refused more frequently.(Certainly not all the time, but it does happen.) So when this happens, there are insurance providers out there in West Virginia which cater specifically to say, DUI offenders, who can’t get car insurance coverage anywhere else.

A high risk driver, by the way, has a very broad coverage and it is not limited to DUI offenders. Some even consider teenagers as high risk. It can include those who have had multiple traffic violations. Having a poor driving history as a whole can make a driver seem high risk to a car insurance company. And yes, one of the saddest parts of this is that the premium they are charged with is much higher. One good tip would be to work on a no-claims bonus. Being a safe driver is good on the budget, Allan.