The cheapest full coverage car insurance for high-risk drivers is from Geico because of their competitive rates and wide range of discounts. Low premiums and good discounts are particularly important for high-risk drivers since high-risk drivers pay significantly more than safe drivers, regardless of the insurer. Full coverage insurance also costs an average of 179% more than a minimum coverage policy.
Cheapest Full Coverage Car Insurance for High-Risk Drivers
High-risk drivers will pay higher-than-average rates, but exactly how much higher depends on the severity of their high-risk classification. For example, drivers who have been convicted of DUI pay an average of 105% more than normal drivers. Teens, drivers with several moving violations, and drivers who need an SR-22 are also considered high-risk and will see higher-than-normal rates.
A high-risk driver is someone who is much more likely to file an insurance claim than the average driver. Some of the most common attributes of high-risk drivers are a history of car accidents, multiple tickets and citations, bad credit, and a conviction for a serious offense like DUI. Regardless of the exact reason why you’re classified as a high-risk driver, it can have a serious impact on your ability to get affordable car insurance down the road.… read full answer
Here’s what makes someone a high-risk driver:
One or more car accidents in the last three years
Multiple tickets and citations
Lapse in coverage
Owning a sports car
Needing an SR-22 or FR-44
Being a new or teen driver
Living in a high-risk zip code
Although your driving record has the greatest impact on your high-risk status, other factors come into play, too. For example, a lapse in your auto insurance coverage can signal to insurers that you’re willing to take more risks and are therefore more likely to get into an accident. And if you live in an area that has a high crime rate, there’s a greater chance that your car will be damaged and you’ll file a claim.
Since high-risk drivers generally have an increased likelihood of filing a claim, they can have a more difficult time getting car insurance, and usually have to pay more for coverage. There’s no quick fix, either, unfortunately. But the good thing is that your high-risk status isn’t permanent. If you practice good habits and drive safely, your risk will drop over time. How far back an insurer looks back at your driving record depends on the company, but most minor traffic violations only stay on your driving record for 3-5 years.
Yes, Allstate insures high-risk drivers. A high-risk driver is anyone who is more likely to file a car insurance claim than the average policyholder, including teenagers, drivers with a gap in their insurance history, and drivers with a poor record. Because high-risk drivers are more of a financial liability than the average policyholder, Allstate charges them a higher rate.… read full answer
For example, drivers who have recently been convicted of DUI pay 202% more on average for their Allstate policy than drivers with a clean record. And if you have an at-fault accident on your record, Allstate will charge you an average of 66% more for coverage.
Allstate Insures High-Risk Drivers Who:
Have a poor driving record
Have a gap in their insurance history
Are required by their state to file an SR-22 or FR-44
Have filed multiple claims in the past few years
Are teenagers or seniors (65+)
Have poor credit
Drive a high-risk vehicle, like a sports car
You can get a free Allstate insurance quote online or by calling 1-800-676-5456.
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