What Car Is Considered High Risk On Auto Insurance?

09/09/2021 08:09 AM ET

Auto insurance for bad drivers is considered a high risk factor, especially if they have a DUI, and it doesn’t matter what car they drive. People who are in the high-risk category will find it difficult to get standard cheap rates or quotes. Even if you don’t own a car, you still need coverage if you plan to drive someone else’s vehicle, and that’s called Driver’s Insurance.

Insurance premiums can be expensive for some cars, and your risk level is determined by the type of auto you own and your driving record. It is considered to be one of the most important policies you can ever buy, but it is based on a number of risk factor levels. You can save money by choosing the type of vehicle.

Insurance companies do extensive research on the safety and potential cost of nearly every car that is sold in the United States. The data is then reflected in a person’s insurance quote. Some cars may cause a driver to be considered a high risk because of their potential for damage and injury in the tragic event of an accident.

The Insurance Institute for Highway Safety ranks each car in production based on six major insurance coverage factors. Each car is assigned a value based on an average cost for any type of possible insurance expense. If your mid-sized car is likely to cost more than the average, in terms of estimated repair, it will receive a ranking over 100.

If your SUV is safer than most on the road, even if you are at fault for the accident, then it might receive a ranking of less than 100. This information is available to the public as well as the insurance companies. When considering purchasing your car and your car insurance, it is important to consider how auto insurance companies will view your vehicle. Let the internet be your source for finding cheap high-risk insurance.

Follow UsSocial

FacebookAdd our Facebook page to receive updates and participate in new tools and features. It's a great way to stay connected with all the latest news.

TwitterReceive daily bite-sized updates by following us on Twitter. Receive Tweet-sized 140-character updates on your mobile phone device or PC.

RSSSubscribe to our daily RSS feed to get the latest national news stories. We offer a feed for every topic including business, entertainment, health, politics, science & technology, travel and more.

Automotive News