Do I Need High-Risk Auto Insurance?

Here at Curtis Helms Insurance, we want to help all of our customers get the coverage they need. In some cases, this means setting a customer up with what’s known as high-risk auto insurance. In this article, our team will go over what high-risk auto insurance is and how to tell if you need it.

Do I Need High-Risk Auto Insurance?
Put simply, high-risk auto insurance is a type of coverage that companies offer to drivers that they have determined to present a higher liability. Each company uses its own formula to calculate the level of risk a driver will present, but in our experience here at Curtis Helms Insurance, these calculations typically take the same handful of factors into account.

Whether you need high-risk auto insurance will depend on things like your driving record, the type of car you drive or have driven in the past, and even your credit history. Your driving record tells the insurance provider how careful or reckless you are behind the wheel, and the types of cars you drive will also affect how likely you are to get into an accident.

Lastly, insurers look at your credit history to determine whether they can count on you to make your monthly payments. If you have been involved in one or more accidents, received multiple speeding tickets, been convicted of driving under the influence, or have received your driver’s license just recently, you are more likely to be considered a high-risk driver.

Our team at Curtis Helms Insurance hopes that this article has been helpful to you. If you have further questions about your options for high-risk auto insurance, just give us a call to consult with one of our experienced agents.