If you’re looking for the top car insurance companies for high-risk drivers, you already know it’s going to be an uphill battle. First of all, you’re going to have to do a lot of research to find companies that will even take you on as a high-risk driver. Second, it’s up to you to find those companies that will give you the best coverage for the most reasonable price from among the top car insurance companies for high-risk drivers.
What’s at Stake
You can’t drive a vehicle without having insurance. It’s as simple as that. If you do drive without insurance, due to an accumulation of speeding tickets or accidents, DUI/DWI convictions, or other reasons, you’re risking stiff fines, jail time, legal fees, and injuries/death to yourself, other drivers, and passengers in your vehicle and other vehicles, as well as pedestrians.
It’s not worth the risk.
Do Your Research
The only way to find top car insurance companies for high-risk drivers is to start your research now. Use the Internet as your first choice. Go to sites like InsWeb to request quotes from multiple insurance companies.
In addition, try checking with the biggest companies to find out whether they write policies for high-risk drivers. Some names to check include State Farm, Liberty Mutual, Allstate, Farmers, and 21st Century Insurance.
California Automobile Assigned Risk Plan (CAARP)
In California, every insurer licensed in the state is required to take California Automobile Assigned Risk Plan (CAARP) applicants. The CAARP plan is designed for drivers who do not qualify as good drivers and are unable to obtain auto insurance from non-standard or approved surplus lines insurance companies. Note that the more policies an auto insurer writes, the more CAARP applicants they are required to take. Check to find a CAARP certified insurance agent at CAARP.org or Assigned Risk Auto or call CAARP direct at 1-800-622-0954.
Other states have similar plans for high-risk drivers. Check with your state department of insurance to see if your state has such a plan.
Tips to Help
You may need some time to clean up your driving record to be able to get better auto insurance rates down the line – and get out of the high-risk category. It’s also important to pay your bills on time. You may also wish to consider driving an older car and dropping collision coverage. These two actions will lower high-risk auto insurance premiums.
Get in touch with your current auto insurance agent if you’ve gotten into a situation where you’re now a high-risk driver. He or she can help point you in the right direction to find top car insurance companies for high-risk drivers.
For more tips on car insurance, visit our section on car insurance where you can get additional tips and insurance quotes.