 |
| Driving Cars in a Traffic Jam (Photo credit: epSos.de) |
Drivers
are considered to be high risk if they have violated the driving laws in the
past and have been convicted. High risk people are also the new drivers
especially those who have just learnt how to drive and been issued driving
licenses. This category could also include the teenagers who apart from being
new drivers, they are often rash and careless with their driving. The most
common category of high risk individuals are those who have their records
tarnished by convictions or multiple convictions of drinking under the
influence or driving while intoxicated. Many insurance companies would rather
not risk insuring these drivers but there are some companies that offer this
category of drivers high risk car insurance. High risk car insurance is accessible but it is very
expensive.
 |
| Kent Police stop (Photo credit: kenjonbro) |
Every
driver should be insured under the laws of UK. Every vehicle should have cover
for the third party. The third party policy covers all the damages or injuries
that may be inflicted to the third party. Companies fear giving the high risk
individuals this cover since they may end up making losses covering too many
accidents.
An
individual could sign up for insurance cover as a high risk or may turn into
becoming one while still under the normal cover. This happens when they are
convicted when still under normal cover. In such cases, when policy holders are
involved in an accident(s) and they are convicted of driving offences, the
insurance will not cater for the comprehensive cover but will only cover the
third party damages. The payments for the cover will also increase from that
moment since the policy holder will have also have become a “high risk” person.
Many
companies have taken advantage of the situation and have been charging the high
risk people exorbitant rates and the policyholders have been suffering silently
believing there was no way out. This is far from the truth, despite having to
pay more than the normal insurance rates; one can pay cheaper high risk car insurance
rates. This can be done by taking time to do thorough research where one will
compare several insurance companies to get the best. It will be surprising to
learn that the difference, for the same policies, could be a huge figure that
would save many pounds. One should also do some research to find out which
companies offer the best packages that would suit them and are more reasonably.
This should also involve research to find out which companies give the best
discounts.
No comments:
Post a Comment