Top Reminders To Avoid Getting High Risk Auto Insurance

You may have found out lately that you are considered a high risk driver by insurance companies. Getting this status is alarming because insurance companies will require you to get high risk auto insurance instead of the regular policy. This type of insurance is oftentimes more costly, demanding, and has more strict policies and requirements for you to follow. You may start to worry upon reading the previous sentence, but what you need to do is try to relax and determine how you became a high risk driver. If you are clueless thinking of this, then below are some of the factors of becoming high risk.

Demographics – There are several hard facts that companies use before giving a driver high risk auto insurance. These include: Women are considered safer drivers than men, urban dwellers are safer than rural drivers, and adults are less risky than teenagers.

Credit History – If you think that your bad credit record will not be the cause of trouble, think again. Insurance companies are wise when it comes to credit. They do not want their clients to pay bills promptly because that would mess up their billing records. If you want to avoid being a high risk driver you better fix your credit record now.

Driving Record – Although this may be the most obvious reason for getting a high risk status, many still do not mind getting speeding tickets or committing road violations. It is not all about accidents. Following traffic rules also reflect what kind of driver you are, so be sure to maintain a clean driving record or you will be given high risk auto insurance.

Lack of Coverage – One common mistake car owners commit is to get insufficient insurance policy for their cars. This may have helped them save money, but it will cost them a lot in the future. Be sure that when you apply for insurance you cover all the needs of your car.

These are among the factors that may have caused you to be labeled a high risk driver. But there is still hope. You can be a regular driver like anybody else. Follow the following tips to start over:

1.    Shop around for high risk auto insurance companies that would give you better offers.

2.    Improve your behavior and understand that driving is not just an experience; it is a way to communicate a kind of behavior or lifestyle.

If you were called a high risk driver it does not mean you cannot do anything about it. Knowing where to start working and taking initiatives would definitely take your name away from their list.

Getting High with a Low Cost Car Insurance

With prices of commodities skyrocketing nowadays, maintaining your car can surely give you some headaches.  Gasoline prices have shot up, draining your wallet every time you fill up your car.  Engine repairs and oil change can be cruel to your credit card.  While having your car washed can rob you of a few more dollars than it usually did before.  Your only consolation, one thing that you have some degree of control, is a car insurance that guarantees you good services and prompt resolutions to problems arising from vehicular accidents.

Low cost car insurance greatly reduces your fears of getting into road mishaps.  Of course, this does not mean that you will have the attitude of a daredevil.  This just makes you less nervous and more confident when driving. At least, there is one thing in your car’s monthly budget to smile about and to get some high while coasting on the highway. With one that empties you of what is left from other expenses, can make you quite fidgety, which is definitely not good when you are holding on the steering wheel.

Having a low cost car insurance already is easy and convenient.  The hard part is getting it.  With all insurance companies declaring that they offer the lowest premiums in the market, decisions on which to avail can indeed be difficult to make.  It does you well if you shop around before making your choice.  However, matching prices is not enough.  More importantly, you should find out what are the advantages in terms of quality and service that comes along with the insurance package.

Low cost car insurance is so because these offer good quality and service at rates that may be just the average. Sometimes, its premiums may even be a bit expensive than others but it still could cost lesser if it provides a deal far better than its price.  Therefore, do not be blinded by the price.  Focus more on how the insurance agent explains his product’s benefit instead of sticking to the quotation as your sole basis.

Discounts can also be your gauge if you got a low cost car insurance.  There are insurance firms that actually provide discounts right at the start or during the entire time their clients stay with them.  For safe drivers, these even slash insurance rates to 10 percent at most.  If you are lucky enough to avoid an accident with your car at a specified period in your policy, you may avail of such price cuts.

Why Car Insurance for Women is Cheaper

Women have always been painted to be bad drivers by media and pop culture.  How often do we hear jokes about women drivers?  But if car insurance for women are to be the basis, this is clearly not so.  There are a lot of reasons why insurance companies target women for car insurance.  Here is why.

A Better, Growing and More Dynamic Market.  According to VMR International, there are more female drivers now, with the overall percentage of female drivers increasing year on year, while the percentage of male drivers is decreasing.  Women are also buying more vehicles, with more than half of new vehicle and used car purchases being made by women, according to statistics from the VMR International and Woman Motorist.  What all these boils down to is there would be a lot more needing car insurance for women!

Safer to Insure.  Not only is there a resurgence of female drivers, which translates to a lot of potential customers for insurance companies, female drivers are also seen to be less risky than their male counterparts.  According to the Insurance Institute for Highway Safety president, Brian O'Neill, women are safer drivers because they are:

less likely to drive at night

less likely to drive under the influence of alcohol or drugs

less likely to do other things while driving, like talking on the phone

These factors have led the Advertising Standards Authority to declare women as better drivers than men.  What happens is that insurance companies are less likely to have some problems with car insurance for women because they get into far less accidents in the long run!

More responsible in maintaining and repairing their vehicles.  In 2001, VMR International found that women drivers are taking over the responsibility of maintaining and repairing their vehicles. They also said that there are more women who take their vehicles to a repair shop than are there men.  In fact, VMR International has said that as many as 80% of repair shop customers are women.  As such, vehicles driven by women are less likely to break down, and it shows.  The Automotive Aftermarket Industry Association says that women drivers are less likely to have their vehicles in the shop for muffler repairs, air filter replacements, spark plug replacements, oil changes, and transmission repairs.

The fact remains that female drivers are now slowly outnumbering men hence they make a more attractive segment for insurance companies.  The fact that they are better, more careful drivers also make them less of an insurance risk.  That is why the competition in car insurance for women is very heated, and women drivers could expect to have some preferential treatment: discounts, discounts and more discounts!