July 8, 2009

How to Get Reinsured After Being Dropped by your Insurance Provider

Have you been dropped from your insurance provider? Are you constantly afraid of having to get reinsured? If you’re a safe driver, odds are you won’t get dropped, but it’s always a possibility. Car insurance companies can drop customers for nearly any reason, including demographics. Of course, you can also be dropped because of your driving record, including points from traffic violations and being at fault in an accident. But don’t let these scenarios scare you, finding insurance after getting dropped isn’t as hard as you may think.

What should you do when you have been dropped? If you have been dropped from your insurance provider, you need to get reinsured as quickly as possible, since it is illegal to drive without car insurance in all states. Your first step to finding insurance after getting dropped is finding out why you were turned away. If it was for something as simple as the fact that your insurer went out of business, then you might not have any trouble getting reinstated. All you will need to do is shop around for the best policy available by getting free insurance quotes online, talking to family and friends, and seeing if you qualify for any discounts. Through diligent searching, you may end up with better insurance than what you had.

What if you’ve been dropped for cause? If your car insurance company has dropped you because you have accumulated points on your license from traffic tickets or because you were found at fault in an accident, it might be harder for you to find an insurance company willing to represent you. If you do not get reinstated, you will quickly run into more trouble – you could eventually loose your license or end up owing a great deal of money in fines. Even in this circumstance, getting reinsured is not impossible.

You should begin by comparison-shopping online. For you, comparison-shopping is extraordinarily important as your rates will no doubt be higher than what you were paying before. If you want to get the best deal, make sure to spend as much time as possible comparing auto insurance rates. Then, choose the company that best meets your needs. You may be forced to go with a company specializing in high-risk insurance policies, or you may have to purchase supplemental insurance. Regardless, getting reinsured is possible, but it comes with a price. Comparison-shopping is the only way to find the lowest available price.