People looking for conservative insurance companies can largely be segregated into three categories: preferred (drivers with excellent driving record), standard (drivers with average driving record), and high risk (drivers with reckless driving record). If you belong to the preferred or standard list, you can hope to avail of the best insurance covers at the lowest possible premiums. However, for drivers with high risks, the premium amounts range from costly to outright extravagant, depending on your credit history, driving record, and age.
There are many reasons for you to find yourself in the ‘high risk’ bracket. Most drivers below 25 years of age (male) are considered a high risk proposition for insurance companies. If you have a super dynamic automobile capable of charging ahead at probably 250 miles an hour, it is definitely considered high risk. Moreover, if you have several DUIs and drunken driving tickets against your name, you are deemed high risk. While it is not impossible to find an insurance company for high risk drivers, you certainly would need to be more diligent in your search if you want affordable high risk insurance.
We are tempted to say – look into the Internet, and that may help you a bit. But, most high risk insurance seekers find hiring a broker to be a much more profitable deal in the long run. Most brokers know local insurance suppliers that consider impaired risk propositions and negotiate with you to reach an acceptable premium amount. True, you’d need to pay the broker for their services, but you would save a few hundred dollars each year with the deals you manage to strike through the broker.
There are ‘non standard insurances’ that have exclusively been drafted for drivers with poor driving records and high insurance premiums. Most conservative insurance companies offer the non standard insurances, but there are those that don’t, too. Thus, if you haven’t had much success when you performed a standard search for insurance providers in your area, try searching for those insurance companies that offer non standard insurance and begin comparing them for cover extensiveness, premium costs, and other factors.
Most States around the world compel insurance agents to issue policies for ‘high risk drivers’ with maybe twice or thrice the premiums that average or preferred drivers pay. To avail of this policy, you will need to prove to the State that you’ve been denied insurance for a certain period of time with proof of your deliberations with several conservative insurance companies. This method must be your last choice, after you’ve exhausted every possible strategy to obtain auto insurance quotes for high risk trucks, and you desperately need insurance covers to take your vehicle on the road.
Meanwhile, you could try driving safely, waiting for a few speeding or DUI ticket points to get expired off your record, maintaining better credit scores, and negotiating with your insurance company for affordable premiums. You could also make it a point to pay your premiums on time, and drive without consuming alcohol, or simply downgrade to an ordinary car for getting better insurance quotes.