In 2015, a total of about 15.6% of North Carolina's drivers were uninsured.
That's a lot of people who would be in trouble if an accident ever occurred.
Certain people can find it difficult to find good insurance. This is especially true if you're searching for high risk car insurance. Some companies won't sell to high-risk drivers at all. Other companies offer that kind of insurance at a much higher rate.
Regardless, understanding the minimum requirements of car insurance is crucial. In this post, we'll tell you how to find the right kind of car insurance for you.
High Risk Car Insurance Isn't a Bad Thing
What Makes a Driver "At Risk"?
Understanding all of the insurance terms can be tricky. In this case, all this means is that the driver is not trusted by insurance companies to be able to reliably operate a vehicle.
This means the insurance company believes them at risk to be in a car accident when compared to other drivers.
This could be because they are a young or inexperienced driver. It could also mean they are elderly (specifically, 70 years or older.) Or, they live in an area that is considered high-risk. The same goes if they have had no previous auto insurance coverage or have been involved in car accidents before.
So, once you know that you will need to get high-risk insurance, how do you find it?
Research
The best way is to simply look around at your available options. There are many different kinds of insurance companies who can offer different rates or benefits for at-risk drivers.
Finding out more information about each of them will allow you to find the best match for yourself and your current situation.
If you don't know where to start, you can get into contact with your state's department of insurance. You should ask them for a list of companies that offer high-risk insurance.
Compare Rates
Once you have all of the information, it is time to compare all of the quotes against one another.
This way, you'll know exactly what will work for you. Be certain to keep in mind the minimum requirements that your state has set in place before settling on one kind of high risk car insurance.
Another thing to keep in mind is whether or not your state requires you to keep an SR-22 document in your vehicle at all times.
This document shows your proof of insurance. Many states require it to be always with a driver. You can ask your state's Bureau of Motor Vehicles for more help in learning about these laws.
Lower Your Premium
This can help make insurance companies feel that you are not as high of a risk as other at risk drivers.
Make sure to look around at all of your options. Although getting budget car insurance is not always ideal, you can ask your agent about how you can find cheaper varieties if that is something that you need.
Contact us today to find out the kind of insurance we can provide you with.
