Knowing Whether You Are Considered A High Risk Driver
High risk drivers have auto insurance costs that are higher than average. This is why it is so important that you know what your driving record is and how you can change your record. Your driving record is not the only reason that insurance companies consider you a high risk driver. Age also plays a part in the decision. Many times insurance companies base their decisions also on your credit history. By adjusting just a few of these factors, you can have a tremendous effect on your auto insurance costs.
The local police department can provide you with a copy of your driving record. This may cost you a small fee but it is well worth the price. You can also at that point ask if there is anything you can do to improve your driving record or the points on your license. If you have a high number of points on your license, many insurance companies will not even consider you for insurance. The quickest way to fix this problem is to take a safe driving course. These courses can provide you with a quick review of the rules. They usually only take one day to complete and most of these courses will take at least two points off of your license. The number of points that are on your license directly correlates with the amount of your insurance premiums.
There is another important item to think about when you are considering high risk drivers. That is the age of the driver. Many insurance companies believe that younger drivers or beginners are in the high risk category simply because of their inexperience on the road. At the other end of the spectrum, many insurance companies also believe older drivers are high risk. Older drivers have more experience on the road, health conditions that they have may play an effective the driving such as: failing eyesight, slower reflexes, and unexpected health conditions.
A bad credit history report can have a damaging effect on your auto insurance costs. Many companies feel that risky financial behavior can also translate into risky driving behavior. Improving your credit score by just a few points can have a tremendous effect on your auto insurance costs. Any of the three major credit bureaus can provide you with a free credit report one time per year.
Checking your credit history report and driving record can save you money. Age is the only portion of the equation that you cannot control. Your driving record and credit history can prove that you are not a high risk driver. Develop safe driving habits and maintain a good driving history to get the best deals on auto insurance at any age.