Can a new driver be considered a high risk driver?

Unfortunately, very few exceptions are made for drivers with no prior insurance. You can be considered a high-risk driver without proof of at least six months of continuous insurance, even if you haven’t had insurance because you just got your license. New drivers without experience are considered to be high risk as well. 1

What does high risk mean in car insurance?

Updated June 25, 2019. The term high risk can be used in different ways when applied to car insurance and drivers. Sometimes a high-risk driver refers to one driver being a higher risk driver than another. It can also be used in reference to a driver not eligible for insurance through a preferred carrier.

Which is the best insurance company for high risk drivers?

Geico Casualty is Geico’s subsidiary for high-risk drivers. You wouldn’t apply to the subsidiary — you’d apply to Geico like anyone else, and if the insurer considered you high-risk, you’d be assigned to that subsidiary.

Can a non-home owner be a high risk driver?

Normally the term high risk and non-home owner do not go together. But, the homeowner discount can be so good when you think about it, non-home owners must be considered a higher risk than homeowners in the eyes of insurance carriers. Insurance companies like stability and owning a home is a large part of the stability factor.

Why do insurance companies refuse to cover high risk drivers?

If you’re involved in multiple accidents, your insurance company might consider you a high-risk driver. High-risk drivers pay high car insurance rates. That is, if they can get a policy at all. Many insurers refuse to cover high-risk drivers because of the liability.

What happens if a company refuses to hire a driver?

Each company sets its own rules regarding violations and may refuse to hire drivers with certain types of violations, or who have had too many infractions within a certain period of time. Points are added to a person’s driving record for various types of driving infractions; too many points and the driver will lose his license.

What does it mean to have high risk auto insurance?

Many people have less than perfect driving records. High-risk insurance, or “Non-Standard” insurance, refers to an auto insurance policy that is given to a high-risk driver. The General ® specializes in providing auto insurance for these drivers who fall into that high-risk category.

Why is my insurance so high with no accidents?

Even if you have a clean record with no accident, you pay higher rates for car insurance because you have limited driving experience and little insured driving history. You could go your entire driving career without a single accident – or you could cause multiple at-fault accidents before age 25.