What Kind Of Car Insurance Should I Buy? What Do I Need?
Reader question:
Do car insurance companies insure the same types of drivers?
Anne
Nope.
Most drivers fall into a risk pool called standard, and this is what most car insurance companies provide coverage for with no hassles. An average driver is someone who perhaps, over the course of their life, has gotten a few tickets (but not too many) and possibly one no fault accident, someone who has a car that is considered safe and whose qualities, such as age and so on, would put them in a class that is not likely to get into an at fault traffic accident. These people are fairly cheap to insure, and most insurance companies have no problem doing so. To find out how easily you an get insurance, try getting a cheap free auto insurance quote and you’ll see which group you fall in.
Then there are the preferred drivers. These are accepted by all insurance companies, and have no problem to get free auto insurance quotes that are cheap and acceptable. Preferred drivers are people at the top, who have perfect driving record, no accident history, are in demographic groups that are unlikely to get into car accidents and the like. They are extremely cheap to insure, and so these companies usually have lower car insurance premiums.
Then there are those at the end of the scale, who for some reason or another are considered very high risks. It could be because they have a specialty car, or it could be because of a DUI violation or several speeding tickets. Whatever the case, there are special companies that offer car insurance to people who are considered high risk. These companies tend to be pricier.
However, there are some people who are unable to get insured with any of these companies because of just how high risk they are. If this is the case, there are risk pools in every state which assign them to a company for a much higher price than a normal car insurance policy will be.
Cheers,
Fashun Guadarrama.
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