Insurance Experts Explain Who Is Considered A High Risk Driver By Insurance Providers


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Lowcostcarinsuranceprice.com announces a new blog post, "What Is a High-Risk Driver?"

LOS ANGELES (PRWEB) September 22, 2019

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Lowcostcarinsuranceprice.com has launched a new blog post that explains who is considered a high-risk driver by car insurance providers.

Find out more and get free quotes from https://lowcostcarinsuranceprice.com/what-is-a-high-risk-driver

Insurance companies classify drivers in 3 main risk categories: Preferred, Standard and High-risk. Policyholders placed in the third category pay really expensive premiums, to compensate for the higher risk of making a claim or missing payments.

Drivers with a high number of traffic violations are considered high-risk. People with multiple traffic violations in the recent 3-5 years are likely to be placed in this risk category. At fault accidents and DUI/DWI convictions will automatically make a person be labeled this way. Investing in Accident Forgiveness programs will help drivers avoid rate increases after the first at-fault accident.


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Even lapse in coverage of just a few days will negatively impact the future premiums. Insurance companies prefer clients that had continuous coverage over the course of years. Companies ask about recent coverage lapses before issuing coverage.

People with low credit score are also considered riskier to insure. Most insurance companies take into consideration a client's credit score when determining rates. Drivers with poor FICO score should look for ways of improving their creditworthiness.

Teens are automatically considered high-risk drivers. Persons between 16 and 25 years old are considered high-risk, due to their lack of experience behind the wheel. However, teens can get a series of discounts, like a good student discount or for leaving the car at home during the academic year.

Seniors over 65 years old are also labeled "high-risk". According to CDC, there are higher chances of being involved in accidents after the age of 65. Diminished sight and hearing, plus medication will impair a person's driving capabilities.

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Lowcostcarinsuranceprice.com is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.