Navigating the Road: Car Insurance for Bad Drivers

March 14, 2024

With over 5 million collisions occurring annually, car accidents can be caused by various factors – poor visibility, unfavorable road conditions, and even a sudden car breakdown – but the most common reason is simpler: bad driving.

That said, being less-than-perfect on the road is the objective reality most drivers face—and there’s nothing wrong with it as long as you have the right insurance to protect yourself and other drivers.

This right insurance is collectively called “insurance for bad drivers,” and we’re going to dissect it in this article along these lines:

  • How to get insurance with a bad driving record
  • How to lower car insurance with a bad driving record
  • How much does high-risk insurance cost

Without any further ado, let’s dig into it, starting with the definition of a high-risk driver.

Who Is Considered a High-Risk Driver?

A typical bad driving record includes one or multiple traffic violations, accidents, or serious charges such as driving under the influence or hitting a person.

The following factors determine a poor driving record or high-risk driver:

  • Driving history: If you have been involved in accidents at your fault or serious traffic violations such as speeding, running red lights, using a mobile phone while driving, etc.
  • Lack of continuous insurance coverage: If you don’t have a continuous insurance history, meaning you frequently change insurance companies or have periods without insurance coverage at all.
  • Young age or lack of driving practice: Novice or young drivers who have recently obtained their licenses are considered high-risk drivers.
  • Credit history: If you have taken out a loan from a bank or any other financial institution and failed to repay it on time or didn’t repay it at all, it makes you a high-risk driver for insurance companies.

an insurance agent evaluates a post-accident car

How Does a Bad Driving Record Affect Car Insurance?

Premium SizeInsurance companies consider driving experience when calculating premiums. Drivers with poor records are deemed riskier and typically face higher car insurance rates.
Discount EligibilitySome insurers offer additional discounts, but drivers with poor records may not qualify for them due to the higher likelihood of accidents. One criterion for such discounts is safe driving.
Access to Certain PoliciesDrivers with poor records may encounter limitations when selecting certain types of coverage. Some insurance companies may not provide full coverage to individuals with poor driving histories.

What Insurance Options Are Available to Drivers With Poor Records?

Drivers with unsatisfactory driving records can opt for 2nd chance auto insurance or bad driving record insurance. These types of insurance are designed for those who find it difficult to obtain regular auto insurance due to unfavorable driving histories, albeit at a higher cost. Likewise, car insurance for bad drivers may include additional options or services aimed at improving driving skills and reducing road risks.

If you have an unfavorable driving history, it’s advisable to approach multiple insurance companies and explore various second chance car insurance options. This will help you find the most suitable and affordable policy.

 a driver has just enrolled in an insurance policy

High Risk Car Insurance Quote

Car insurance is a complex process, and each company has its own method for calculating rates, so the prices can vary significantly among different insurers.

The Cost of Second Chance Insurance for Young Drivers

Insurance providers view students and teenagers as high-risk drivers due to their lack of experience and higher accident rates. Consequently, they pay more for 2nd chance car insurance.

For example, an 18-year-old driver will pay an average of $2,641 per year if they are included in a family policy. In comparison, the average rate for a 40-year-old driver is $1,220.

Navigating the Road: Car Insurance for Bad Drivers 3

Source: moneygeek

Finding cheap car insurance for bad drivers who are teenagers is possible depending on the state of residence and individual circumstances. Many insurers decrease insurance premiums for good grades, safe driving through telematics programs & schooling, and driving cars with high safety ratings.

The Cost of High-Risk Insurance Auto for Drivers With Poor Credit History

Credit history can also impact high-risk insurance costs, especially in Georgia, New York, New Jersey, Ohio, Texas, Oregon, and other states where insurers see credit history as an indicator of the client’s financial responsibility and reliability. Exceptions include California, Hawaii, Massachusetts, and Michigan, where credit ratings are not used as an evaluation factor.

On average, drivers with poor credit records pay around $2,260 per year for car insurance, nearly three times more than drivers with good credit histories.

Navigating the Road: Car Insurance for Bad Drivers 5

Source: moneygeek

Poor credit history may complicate the search for the cheapest high risk insurance. However, insurance costs can be reduced by taking necessary measures to improve creditworthiness, such as minimizing debt and making timely credit payments.

The Cost of Risk Auto Insurance for Sports Car Owners

Sports cars top the list of “most stolen” vehicles, leading some insurers to charge higher premiums for their coverage. Additionally, sports cars weigh less than standard sedans, making them more prone to damage in collisions.

The most common sports car model with relatively expensive insurance is the Ford Mustang. Owners of a 2010 Mustang pay an average of $204 more than owners of a Toyota Camry from the same year.

Navigating the Road: Car Insurance for Bad Drivers 7

Source: moneygeek

Where Can You Obtain Insurance for Bad Drivers?

Many insurance companies offer car insurance for bad drivers. The risk is typically assessed based on the driving experience, with some companies refusing to cover the most risky drivers.

What Should You Consider When Choosing a High-Risk Car Insurance Company?

Coverage QualityCar insurance for convicted drivers usually requires higher coverage amounts than a standard policy. However, it’s important to pay attention to the quality of coverage and understand what is covered and what is not.
Customer Service and ReputationSome insurers focus on profitability, while others prioritize high levels of customer service and impeccable reputations. Choose an insurer that puts your needs first, even when purchasing insurance with a bad driving record.
Insurer’s SolvencySolvency is one of the main criteria for choosing an insurance company. Low-cost insurance for high-risk drivers won’t be an advantage if the company goes bankrupt or loses its license.

Last but not least, consider your budget when choosing a high-risk insurance company. Since policies for risky drivers cost more, it might be a good idea to get quotes from several insurers as your starting point.

How To Lower Auto Insurance Quotes for Bad Driving Records

Participate in educational programsSome insurance companies offer special training for drivers to improve their skills. Completing such a program may reduce insurance rates for drivers with bad records.
Avoid traffic violationsDrivers with good driving records have a better chance of getting the cheapest insurance for high risk. Be vigilant on the road and adhere to all rules to confirm your safe driving style.
Install additional safety systemsThe presence of emergency braking systems, stability control, blind-spot warning, etc., can affect insurance rates in your favor.
Keep track of your policy expiration dateContinuous coverage of your car has a positive impact on the cost of bad driver auto insurance.
Be careful when choosing a carSome car models may have lower insurance rates due to lower theft or damage risks. Check if your insurance company offers discounts or special conditions for specific car models.

As it turns out, it’s not hard to improve your rate for insurance for bad drivers if you know how insurance companies calculate premiums. The overarching principle is that you have to drive safely and make your car as safe as possible.

Frequently Asked Questions

What is insurance for bad drivers?

Car insurance for bad drivers is insurance issued to drivers with recorded traffic violations, road accidents, and other incidents with insurance coverage.

How much does high-risk auto insurance cost?

Car insurance quotes for bad drivers will vary depending on the driver’s history, the insurance company’s policy, coverage terms, the insured vehicle, and the state.

How can you lower the cost of insurance for bad drivers?

To get the cheapest high-risk auto insurance, follow these recommendations:
– Adhere to safe driving practices
– Participate in educational programs
– Install anti-theft systems and improve vehicle safety
– Pay off all credit debts

Victoria Berezhetska

Victoria Berezhetska is a Content Lead at Phonexa.com and an expert contributor to CoverExplore. She has a Bachelor of Science degree in Business Administration, with extensive working experience as a PR specialist and content writer. At CoverExplore, she helps customers find the right educational material through easily digestible blog posts and buying guides backing their insurance coverage choice. Victoria covers diverse topics around digital and insurance marketing, including auto, home, health, and life insurance.

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