If you’re searching for a new auto insurance policy and the company or agent tells you you’re “high risk” what exactly does that mean and what can you do to improve that?
While there is no real definition of what a high risk driver is, high risk drivers typically fall into one of the following categories:
- Too many speeding tickets or moving violations
- Accidents on their CLUE report
- Suspended driver’s license
- DUI/DWI or other major violations like reckless driving
- Excessive Speed violation
- Fatal accident history
Even if you don’t fit the criteria listed above, you may still experience higher than normal insurance premiums because of your:
- Credit history
- Age (new driver or elderly)
- Exotic or Sports car
- Lapse in your insurance coverage
Being a high risk driver does mean you’ll experience higher premiums. Additionally, many insurance companies will refuse to insure you or limit your available coverage you may purchase. The best remedy to fixing your high risk status is to clean up your driving habits. Over time you can regain your status as a preferred driver and get better insurance premiums and more choices.
If you have questions about your auto insurance or want a quote, contact A Accelerated Insurance. Because we are a local insurance agency, we live where you do and understand the unique options you have in Monroe, Louisiana. We are an independent insurance agent, we can help you find the right company to fit your needs. You can also check out our website, 24/7.
A Accelerated Auto Insurance was founded in 1992 by a group of independent insurance agents. Their vision was to provide affordable auto insurance rates to all customers regardless of driving record or credit history. This vision allowed them to quickly build a large, loyal customer base. In 2006 Jared Fuller began his career with Accelerated Insurance as a customer service representative. Over the next 10 years Accelerated expanded its reach to offer home and business insurance in addition to auto. In 2015 Jared’s wife, Cristy Fuller, also started working for the company. During the year 2016, they became the sole owners of Accelerated Insurance. Advances in technology allow Jared, Cristy, and a small staff to continue to grow while still providing excellent service to their existing policy holders. They continue to maintain the same vision of savings and service for Northeast Louisiana.
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