Insurance companies grant discounts to car owners
they consider low risk drivers.
However, if you only purchase basic coverage or are
considered a low risk driver, you may be able to get away with paying much less.
Not exact matches
Insurance companies
consider drivers with
lower credit scores to be a greater financial
risk.
Even if you are
considered a high
risk driver for auto insurance now, here are some steps you can take that may
lower your car insurance cost:
Most insurance companies
consider a B average to be the dividing line between «good» performance and «substandard» — and although achieving high grades doesn't automatically make someone a good
driver, insurance companies
consider kids who are able to balance their school life with their social life to be far
lower risks.
The fact of the matter is that there are plenty of ways to
lower your Dekalb rates, even if you're
considered a high
risk driver.
If you
consider yourself a poor
driver right now, make a conscious effort to clean up your record and over time, you will
lower your
risk.
Insurers classify young single males as high
risk drivers, while young females are
considered relatively
lower risk in comparison.
Second of all,
consider taking a
driver education course which will help
lower your
risk level on the road.
Keep in mind that if you go several years without a DWI, the company will likely
lower your rates because you will no longer be
considered a high
risk driver.
If you're
considered a
low -
risk driver (least likely to cost the insurance company money) you'll be rewarded with
low insurance rates.
Responsible
drivers are
considered low -
risk insurance clients in the eyes of auto insurers.
Without question, they favor clients who are
considered as
low risk drivers.
Insurance companies
consider women as
low risk drivers.
They believe raising car insurance premiums, capping accident claims,
considering driving experience in
driver ratings, raising premiums for
drivers with minors and serious convictions, giving discounts for
low -
risk drivers and by revamping ICBCs antiquated
driver rating system, they can avoid privatizing the auto insurance industry.