About Risk Insurance
Do you really have to be “bad” to be on risk insurance?
No. Many preferred companies will cancel you for as little as two violations in three years, or you may have a spotless driving record, but were not driving for a while, and not carrying auto insurance. You may have to carry an SR22 for an uninsured accident that you were not even at-fault in.
Do you only sell risk insurance?
Our primary focus is risk insurance, though we do offer extremely low prices to preferred drivers. To qualify for our best rates, you must have carried liability insurance for at least six months, the higher the limits the better. Being a homeowner gets additional discounts, and you can only have one or two violations in three years.
What will I need to start coverage?
We require your signature on the insurance application, and the down payment. We offer down payments of only one month’s premium to get your policy started. The Vehicle Identification Number of your insured auto will be required, as well as the names, dates of birth, and driver’s license numbers of all household members of driving age.
Get Every Discount You Can
Depending on what your insurance company offers, you may be eligible for a number of different discounts, including:
- Safe driver discount: if you have not had an accident or moving violation for a set period of time, or if you have recently taken a defensive driving class.
- Multiple car discount: if you are insuring more than one car with the same company.
- Discount for safety and anti-theft devices: for cars with specific safety devices (such as anti-lock breaks), or theft deterrent systems.
- Low mileage discount: if you drive the car fewer than a specified number of miles each year, typically 7,500.
- Other discounts may be available for long-time customers, students with good grades, college students away from home, and drivers over the age of 50 or 55. Be sure to ask.
Check out the car before you buy
The cost of your car model, how much it costs to repair, its safety track record and its attractiveness to car thieves all affect your premium. Before you buy your next car, compare the insurance losses for different models you may be considering. This information is available from the Insurance Institute for Highway Safety on its website at www.hwysafety.org.
