Sentences with phrase «of high risk drivers»

Indeed, if a company wants to do ANY auto insurance business in the state, it must agree to cover a share of the high risk drivers.

All is not lost if you happen to fall into the category of high risk driver.

The second group of high risk drivers consists of DUI offenders, those with multiple speeding tickets, and accident prone drivers.

Stay safe, and stay out of that high risk driver category!

Some of the effects of a high risk driver on a policy have to do with the way your state does business.

The most common type of high risk drivers are younger, inexperienced drivers.

The short explanation of a high risk driver is one who poses a high financial risk to the auto insurance company.

What is the definition of a high risk driver?

This maybe because the numbers of high risk drivers and categories which causes them to be labeled thus had risen over the years.

This is because they belong to the group of high risk drivers.

One of the first things motorists learn when they are placed into the category of high risk drivers is the huge effect this classification can have on their premiums.

Put another way, Rhode Island requires all licensed auto insurers to cover a share of high risk drivers in order to do ANY auto insurance business in the state.

So for example, if Farmers Auto Insurance has 14 % of the total auto insurance market in Oklahoma, then Farmers must cover 14 % of the high risk drivers assigned through the OK AIP.

Indeed an auto insurer in Idaho can't write ANY auto insurance in Idaho unless it agrees to cover a portion of the high risk drivers too.

The Plan was created as a contract between the State and all the Maine insurers to accept a proportion of high risk drivers in the assigned risk pool.

So for example, if GEICO has 12 % of South Dakota's total auto insurance market, then GIECO will be assigned 12 % of the high risk drivers by the South Dakota AIP.

OAIP is a last resort for motorists, and facilitates insurance for thousands of high risk drivers every year.

There are typically two different classifications of high risk drivers.

The deal is that if an insurer wants to do ANY auto insurance business in Vermont, then that insurer must agree to cover a share of high risk drivers when they are assigned.

Every insurance company authorized to sell auto insurance in Illinois must accept an annual quota of high risk drivers from the ILAIP based on their market share.

Hallmark Specialty Personal Lines offers affordable, state minimum car insurance for a variety of high risk drivers including drivers without prior insurance, a suspended license, a SR - 22 filing, or a foreign / international license.

So, for example, if Farmers Union has 10 % of the total auto insurance market in Montana, then Farmers Union will be assigned to cover 10 % of the high risk drivers in Montana.

It is mandated by law in Roseville that auto insurance companies, whether they specialize or not, must provide coverage to a certain number of high risk drivers.

The Rhode Island AIP calculates each insurer's market share in Rhode Island, and assigns an equivalent share of high risk drivers to respective insurers.

The program is an agreement among all the licenced auto insurance companies in Indiana to accept a share of high risk drivers that matches their share of the total auto insurance market in the state.

So for example, if GEICO has 15 % of the total auto insurance market in Connecticut, then it must accept up to 15 % of the high risk drivers in the state.

For example, if Liberty Mutual covers 9 % of all Alaska drivers, then Liberty Mutual will be assigned 9 % of the high risk drivers in the Plan's assigned risk pool.

People under the age of 17 are considered some of the highest risk drivers in America.

Drivers between the ages of 18 and 24 are some of the highest risk drivers, according to the opinions of insurance underwriters, whose opinions are based on actual traffic accident statistics.

So if for example, GIECO covers 5 % of all Vermont drivers, then GEICO will be assigned 5 % of the high risk drivers in the state.

So for example, if Nationwide Insurance has 9 % of the overall auto insurance market in South Carolina, then it must cover 9 % of the high risk drivers in the state.