What makes you a high risk driver? It depends on your probability of getting involved in an accident, which the insurance company will have to pay for. Put simply, you’re a high risk driver if insurance companies believe you’ll cost them more money than their average customers. Different kinds of traffic violations and accidents land you the label of a high risk driver. There are the serious offences such as driving under the influence, fleeing from accidents scenes, reckless driving, or even driving down the wrong way on a divided highway. Those are the ones that usually attract High Risk Car Insurance Pennsylvania premiums.
High Risk Car Insurance Pennsylvania
Then there are the common offenses such as speeding tickets, flooring the gas at a stop sign, running the red light and driving without insurance. Committing these latter offenses one or two times will leave a mark on your insurance rates. The problem comes in when you start accumulating the violations. You may also be a reliable driver but still have a bad credit rating. In addition, you may live in a neighborhood with very high crime rates and cases of car theft are extremely common. There are also cases where, as a driver, you’ve previously had your high risk car insurance Pennsylvania cancelled due to non-payment. Usually high-risk drivers have more than one factor that got them the label, for instance, having multiple tickets and being involved in different accidents.
How much do high risk car insurance Pennsylvania policies cost?
Insurance costs for high risk drivers are higher than the average driver. The average cost of high risk insurance in Pennsylvania is $1,819. Speeding violations may raise cost of premiums to $2,028, DUI and accidents range at $3,436, while the cost for young drivers average at $10,208.
Costs vary from company to company. If you shop around you’ll find a high risk car insurance Pennsylvania coverage that works for you.
Which cars are considered risky in Pennsylvania?
Typically, risky cars attract higher premiums. Take sports cars for example. Statistically, they get more traffic tickets, and get more involved in accidents. SUVs and pickups usually fall in this category since they have a higher chance of rolling over. Roll-over accidents are devastating and have some of the highest fatality rates. Cars that have a poor safety rating are also considered high-risk. Factors such as costs of replacements parts for your car also affect the overall cost of high risk car insurance Pennsylvania.
How much is your car prone to vehicle theft? It also affects your premiums. According to the National Insurance Crime Bureau (NICB), the most stolen cars in Pennsylvania include:
- Toyota Camry
- Honda Accord and Civic
- Jeep Cherokee/Grand Cherokee
- Ford Pickup
- Ford Explorer
- Nissan Altima
- Chevrolet Impala
- Dodge Caravan
- Chevrolet Pickup
The Pennsylvania Assigned Risk Plan
You’re legally mandated to have car insurance in Pennsylvania. So, as a licensed driver, it’s guaranteed that you’ll get access to car insurance coverage. However, sometimes you may too much of a high risk driver, that insurance companies deny you the coverage. They have the right to do so. You can access insurance through the Pennsylvania Assigned Risk Plan. This plan was established pursuant to Subchapter D of Chapter 17 (the 75 Pa. C.S, Vehicle Code of the Commonwealth of Pennsylvania). All insurance companies in the commonwealth that write automobile insurance are required to participate in the plan, as amended by Act 6. They are legally mandated to accept applicants. So if you’re finding a hard time getting coverage from the voluntary high risk car insurance Pennsylvania market, you can opt for the Pennsylvania Assigned Risk Plan.
How to save on High Risk Pennsylvania Auto Insurance
After you get a favorable high risk car insurance Pennsylvania coverage, there is more you can do to cut down on costs. First, ensure that your rates are up to date and that tickets and accidents that cannot be charged fall of at the right time. Make sure any outstanding tickets and fees are paid. Whenever a change occurs, such as an accident is no longer a factor, get a quote from your insurance company to see if you can save on costs.
In addition, be careful to maintain good driving habits. Avoiding getting tickets and getting involved in accidents will see your insurance rates fall. Take some safe driving classes. There are a variety of classes available on issues ranging from defensive driving and handling road rage to general driving tips. Your insurance company will lower your rate if you can demonstrate that you’ve worked on improving your driving skills.
Remember that you won’t be labeled a high-risk driver forever. You just have to improve your driving record.