High-risk Driver? There’s Insurance For That

Do you have a perfect driving record? Scratch that—does anyone have a perfect driving record? Who hasn’t been pulled over at some point for speeding? Who hasn’t accidentally backed into their mailbox? There isn’t one motorist out there who hasn’t experienced some type of accident. Does making a few driving mistakes warrant a super expensive insurance premium? CoverHound doesn’t think so. That’s why we offer inexpensive rates on [high-risk auto insurance](https://coverhound.com/auto-insurance).

Interested in learning more? All you have to do is keep reading!

**Are Your Premiums Climbing?**
If you have a less than stellar driving record, you’ve probably watched your monthly auto insurance premiums routinely rise. As [more Americans](http://www.cnbc.com/2016/05/27/auto-insurance-rates-rising-at-fastest-rate-in-almost-13-years.html) have taken to roadways, insurance companies are raising the cost of premiums. Why? Because more people out on the road means there’s an increased potential in roadside accidents.

The cost of your insurance premium is based on the likelihood you will be involved in an accident. Insurance companies weigh accident probabilities on a number of factors, including:

− Your age
− Gender
− Vehicle make, model and year
− Average amount of miles driven per year
− Marital status
− Credit score
− Career
− Housing

The AAA Foundation for Traffic Safety also learned that [87 percent](https://www.aaafoundation.org/) of motorists made risky driving choices behind the wheel, including using smart devices and failing to use their blinker for lane changes, among others. In an interview with CNBC, Chief Actuary of the Insurance Information Institute Jim Lynch said “The number of accidents has gone up. At the same time, the size of claims settlements has been rising as well, so the industry is kind of getting hit by a double whammy.” To offset the cost of restitution paid to their clients and others involved in the vehicle accident, insurance companies have had to double down on the costs of their services.

**What’s on Your Record?**
Auto insurance premiums have risen by more than 5 percent in 2016, with the average middle-aged married man paying a [10 percent increase](http://www.consumerreports.org/car-insurance/car-insurance-rates-are-going-up/), amounting to more than $1,200 a year, according to Consumer Reports. Middle-aged married people usually pay the least in auto insurance premiums compared to their junior and senior counterparts, thus the increase in their rates demonstrates the undeniable fact that hikes are hitting even the deemed “safest” drivers in the United States.

So, why should you consider switching over to high-risk auto insurance? High-risk auto insurance guarantees you coverage. Insurance companies have the authority to deny prospective clients their services. If they do agree to insure a motorist with a violation or two on their record, they can charge them a high premium. Since insurance companies have begun charging good drivers a higher premium, it only makes sense to explore your options before signing your name to a contract.

High-risk auto insurance is an ideal insurance package for drivers who have a DUI, speeding tickets and other infractions listed on their permanent driving record. High-risk insurance covers the same basics as liability insurance, but you still need to make sure that your high-risk package satisfies your state’s insurance legal requirements.

Looking to pay a fair deal for your auto insurance? [Visit CoverHound today](https://coverhound.com/?hh=1) to get a discount on your next insurance package.