How much does it cost?
Some high-risk factors will raise your rates more than others, and this increase frequently depends on your specific insurance company as each insurer utilizes its own formula to assess risk. Generally, a conviction of driving under the influence has the potential to double the price of your standard rate while two or more speeding tickets have a median increase of 35%, according to carinsurance.com. For accidents involving bodily injury, expect rates to go up by 37% and for individuals with bad credit, up to 69%
While high-risk car insurance costs more than standard insurance, there are ways that drivers can avoid requiring this type of coverage. Practicing safe driving habits, including driving more cautiously and avoiding accidents, can result in lower rates over time. Choosing to drive a safer vehicle can translate to lower insurance costs as well. Acceptance Insurance offers various insurance policies – including auto insurance for high-risk drivers - that provides customers with excellent coverage at a great value. Get your quote for a high-risk auto insurance policy today!