• 6 Tips for Dealing with a Bad Driving Record

     Anything that contributes to a bad driving record can put you at risk of paying huge auto insurance policies, and a crash situation can be even worse. You might count yourself lucky if the insurance company has paid out on an accident where you were considered at fault, but if that’s the case, there may be a lot more financial liability in your future. The company can jack up premiums and boost your risk assessment to where conventional companies may deny you auto insurance coverage.

    Although they may feel the cards are stacked against them, high risk drivers do have some options. Here are some ways to deal with a bad driving record and seek better rates for your auto insurance when black marks seem to count against you.

    1. Reducing Insurance – Some drivers may find that if they temporarily cut down on the amount of insurance they carry, they can offset some of the cost of their higher risk assessment. However, to some this really is not a good solution, because reduced insurance means reduced coverage.
    2. Group and Co-op Plans – Another thing that a high risk driver can do is seek out any options for being added to a family plan, especially if he or she lives with other family members. In addition, new co-op insurance plan options are available in some states, for some groups of residents. This is a limited option, but something a high risk driver could look into.
    3. Assigned Risk – In some states, a high risk driver can apply to the state. That state will then force a conventional auto insurer to provide coverage to that driver. Always check the rates for assigned risk coverage to be sure they are competitive.
    4. Non-standard Auto Insurance – Non-standard auto insurance is the industry term for a product that covers high risk drivers. Companies are branching out into this product more and more, as they realize that there is a large customer base. Anyone with a negative mark on their driving record is looking for the fairest rates, and some companies realize this. Find insurers to offer good rates for your specific driving record situation.
    5. Being Realistic – In some cases, it’s best to take a hit on higher premiums in the short term, sit back and take a long-term view of the situation. This means being honest with your current insurer, and negotiating the best rates you can, while patiently waiting for the time when your risk goes back down. Lying about your driving record or frantically switching companies can also have a negative effect.
    6. Classes and Workshops – Organizations in some areas also offer driving classes and workshops that insurers can recognize to lower rates for a driver. You may be able to take advantage of these, especially if you are a younger driver.

    These are some of the best strategies that individual drivers use when they encounter a negative situation stemming from an accident or points on their driving record.