If you’re considered a high-risk driver due to a less-than-perfect driving record or other factors, obtaining car insurance can be challenging.
However, it’s crucial to have proper coverage to protect yourself financially in case of an accident. Luckily, there are insurance companies that specialize in providing coverage for high-risk drivers.
These top insurers set themselves apart by offering competitive rates, lenient credit score requirements, and flexible payment options. They also provide personalized service, taking into account the unique needs of high-risk drivers.
In this article, we’ll explore the best car insurance companies for high-risk drivers in 2024, helping you make an informed decision to ensure you’re adequately protected on the road.
7 Best Car Insurance for High-Risk Drivers
Below are the 7 best car insurance companies for high-risk drivers in 2024.
1. GEICO
GEICO is known for its affordable rates, making it an ideal choice for high-risk drivers seeking to save on car insurance. With a wide range of discounts available, such as safe driving, military, and good student discounts, GEICO helps high-risk drivers reduce their premiums. It also provides an easy-to-use website and mobile app, allowing customers to manage their policies effortlessly.
2. USAA
USAA is best suited for military personnel and their families who are high-risk drivers. It is known for providing excellent customer service and has a strong reputation for serving military members and veterans. Its competitive rates and discounts tailored to the military community make USAA a popular choice among high-risk drivers with a military background.
3. Travelers
Travelers is known for offering flexible coverage options that cater to high-risk drivers’ unique needs. Its responsive customer service and extensive discounts for safe driving, continuous insurance coverage, and good students make them a reliable choice. Travelers also provide additional coverage options, such as accident forgiveness and new car replacement coverage.
4. State Farm
State Farm is known for its extensive network of local agents who provide personalized support to high-risk drivers. It offers competitive rates and various discounts, including safe driving, multiple vehicles, and good student discounts. With a strong reputation for financial stability, State Farm is a dependable option for high-risk drivers.
5. Nationwide Insurance
Nationwide Insurance is known for its reliable coverage options and excellent customer service for high-risk drivers. Its competitive rates and accident forgiveness program help customers save on premiums. Nationwide also offers a usage-based insurance program called SmartRide, rewarding safe driving habits with discounted rates.
6. Progressive
Progressive is known for providing high-risk drivers with affordable insurance options and a simple online quote process. It offers unique features such as the Name Your Price tool, allowing customers to find coverage based on their budget. Progressive’s Snapshot program rewards safe driving habits, helping high-risk drivers reduce their premiums over time.
7. American Family
AmFam Insurance is known for its personalized approach to car insurance. With competitive rates and various discounts, including safe driving and loyalty discounts, this mutual insurance company offers high-risk drivers affordable coverage options. Its local agents provide exceptional customer service, guiding customers to choose the right coverage for their needs.
Frequently asked questions
Why is insurance more expensive for high-risk drivers?
Insurance companies view high-risk drivers as more likely to file claims, so they charge higher premiums to offset the increased risk.
How can I find affordable car insurance as a high-risk driver?
Shop around and compare quotes from multiple insurers, look for discounts, and consider participating in safe driving programs to lower your rates over time.
What is an SR-22, and when do I need it?
An SR-22 is a form verifying you have the required minimum insurance coverage. You may need it after a serious driving offense, such as a DUI or driving without insurance.
How long will I be considered a high-risk driver?
This depends on the severity of your violations and your efforts to improve your driving record. Generally, maintaining a clean record for 3–5 years can help lower your risk classification.
Can I get car insurance after being denied coverage?
Yes, some insurers specialize in covering high-risk drivers. Look for companies that cater to your specific situation.
How can I improve my chances of getting car insurance as a high-risk driver?
Be honest about your driving history, demonstrate a willingness to improve your record, and consider taking defensive driving courses to show insurers you’re committed to safe driving.
