Every driver has a risk factor associated with them, which is calculated by insurance companies using their own independent formula. The higher the figure is, the more complex the risk gets associated with the consumer for the insurance company. High risk auto insurance is for drivers and cars that are more prone to accidents. This risk is calculated in their auto insurance premium. A company will recommend high risk auto insurance for cases involving a bad driving record because you may have multiple speeding tickets or several accounts of DUI convictions. Mostly the tickets, claims and accidents in the past three to five years are the ones that will be considered when reviewing your driving history.
Nobody wants to be considered as a high risk driver. In fact, the term itself leaves a bad taste in the mouth. But the truth is that there are a lot of dynamics that come into play to consider whether one is a high risk driver or not. Some of these include first time driver, age of driver, poor credit, lapse in insurance coverage, DUI offense and other driving violations.
Once you have been considered a high risk driver or your vehicle has been considered to have high risk, you should purchase the high risk auto insurance coverage. This will ensure that you won’t get in trouble with the authorities, possibly landing you behind bars or resulting in the suspension of your driver’s licence.
Being considered a high risk driver is not a permanent condition. Our expert insurance advisers will guide you on how to reduce your risk status so that your premium payments can be lowered within the shortest time possible. Some of the steps we recommend for you to get out of the high risk auto insurance market include taking driving lessons after road violations, improving your credit score, taking control of your drinking and driving incidences among others. However, before you get these underway and your premiums begin to come down, we help ensure that you will not be pulled out of the road and your licence will not be revoked if you drive carefully and responsibly without getting involved in any incidents that can impact your rates.
We offer very competitive premiums for high risk drivers. We also give flexibility in payments and you can choose to pay monthly, quarterly or annually depending on your individual circumstance and the duration when we expect that you will be out of the high risk drivers’ category.
Since we have confidence in our rates, we will give you a free quote for high risk auto insurance and assure you that you will get the best deal that we have available. We will give you the option of purchasing a temporary policy or an extended policy. For our extended policy, we are motivated to lower your premiums as well as offer loyalty benefits and discounts.
Our insurance systems are fast and efficient not only when providing your quote but also during the filing of a claim. Whatever the type of claim is, the carriers we use will do a fast investigation and take the necessary steps to resolve the claim.
With our high risk auto insurance policy, we will give you an opportunity to save money on insurance. You can do this by bundling all your insurance policies with us to maximize on savings without compromising your coverage.
Important facts about about High Risk Auto Insurance
High risk auto insurance is mostly a temporary insurance unless your driving habits do not change. After your driving incidents fall off, you can begin paying your usual auto insurance rates.
Insurance Agency
Frank Medina Insurance
Wisconsin
342 N Water St Ste 600
Milwaukee, WI 53202
(414) 877-0777
Texas
3663 N Sam Houston Pkwy E Ste 600
Houston, TX 77032
(713) 955-2559
Hours of business
Monday - Friday
9:00 am to 5:00 pm
Closed Saturday and Sunday