Sentences with phrase «risk by auto insurers»
Young drivers are generally inexperienced behind the wheel and are known for being high - risk by auto insurers, which helps to explain why auto insurance premiums are so high for this age group.
http://www.smartautoinsurance.com/ Not exact matches
If you travel frequently, have a high - risk job or participate in extreme sports (for example, skydiving, bungee jumping, auto racing) the insurer will pay additional benefits if you die or are injured in ways specifically defined by the policy.
The state has identified you as a high - risk driver (i.e. you have a higher propensity of causing accidents compared to other motorists), and you will have to be certified by your insurer that you have been properly covered by the appropriate auto insurance package.
The idea was to insure as many drivers as possible, while fairly distributing the losses often incurred by high risk drivers across all the auto insurers in the state.
For others who need personal or family auto policies, rates probably won't match the national average, but drivers can get a wide variety of discounts by finding out how insurers value reduced risks.
Because insurers must accept all risks - preferred or high - risk - assigned through the MT AIP, the AIP is a mechanism by which the auto insurers share the losses generated by high risk drivers, so no one insurer bears the brunt of losses.
Auto insurance rates can vary a lot by company — partly because different insurers have different risk preferences, Hoyt says.