A high-risk driver is a dreaded label that many people don’t realize has already been applied to their car insurance policy. Defining a high-risk driver and determining how that label has been applied to you or could be applied to you is not very clear cut because each insurance provider has a different set of standards. You may have even seen commercials about how one insurance provider doesn’t care about your credit or your driving history. Those are providers that are catering to high-risk drivers.
So what about you? Do you feel as though you drive pretty safely almost all of the time? Maybe you know that you’re an outstanding driver because you’ve never had an accident until someone hit you the other day. Then you learn that because of your age, or the fact that this policy is your first policy, the entire crash resolution process will be a bigger challenge because you were labeled as a high-risk driver. Contact our Georgia car accident attorneys today.
Bad Insurance Credit
Your insurance credit score and your primary credit score are two different things. Your insurance credit will look at your payment history, the length of your credit history, and it may look at some outstanding loans, especially if you have a car note. Credit insurance scores can be a huge benefit after you’ve had some time to build a positive history.
But for many people, that are a nuisance. Missing one payment can lower your insurance credit score for years. That means one bad financial turn can have you labeled as a high-risk driver for an extended amount of time period what’s worse is that your ability to pay your insurance policy on time is not indicative of how defensively or aggressively you drive when you’re behind the wheel.
At-Fault Accidents and Multiple Traffic Violations
This is one of two elements that actually make sense in labeling people as high-risk drivers. Having multiple at-fault accidents or traffic violations all in your driving record will probably have you labeled as a high-risk driver. You’ve probably seen most of the well-known insurance provider advertising accident forgiveness, and second chances. The point in making those statements is that they’re saying one at-fault accident and one traffic violation will probably not result in You being labeled as a high-risk driver.
However, multiple accidents, especially within one to three years, will likely result in a high-risk label. Multiple traffic violations for speeding, lane changing, at distracted driving, and similar issues will also likely result in a high-risk label. Many insurance providers do look at moving traffic violations versus non-moving traffic violations separately. That means getting a parking ticket shouldn’t lead to high-risk rates.
There is also the element of DUI/OWI/DWI charges. Charges or tickets relating to drinking or using substances while driving will almost always result in an immediate assignment as a high-risk driver. Insurance providers do not take these charges or accusations lightly, and they may even Put in immediate suspension or drop on your policy.
Drivers under the age of 25 are labeled as high risk simply because of their age. Their lack of experience behind the wheel can certainly make them high risk. However, AAA has found through their own research that the highest crash risk is through the ages of 16 and 17 . after the age of 17, the crash risk drops by about half. Then the crash risk stays largely useless the same until the age of 30. There is little login in cutting this definition off at the age of 25 rather than at 18 (highest crash risk drop) or 30 (crash risk stays the same).
Relying on A Georgia Car Accident Attorney After a Crash
Being labeled as a high-risk driver because of something like new car insurance, or being under the age of 25 should not affect your crash resolution. Unfortunately, for many people, it still does. Then there are other situations where someone may look at an insurance claim with a closer eye because they realized you had a DUI on your record. One mistake, possibly years ago, it should not affect this crash and the fact that you need compensation for damages that someone else caused.
At John B Jackson Law offices, we strive to go beyond labels. We understand that insurance providers use these terms to help guide their rates, but they certainly shouldn’t have an impact on a crash that wasn’t your fault. We’ll work with you to help develop strong negotiation terms anthophyte for full compensation.