Auto Insurance For High-risk Drivers

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State Farm, USAA, Nationwide, Geico, Progressive and Travelers are the best risk car insurance companies for drivers with violations like tickets.

Auto Insurance For High-risk Drivers

By: Daniel Robinson, By: Daniel Robinson Author Daniel is Group Editor of Guides and has written for a number of automotive news websites and marketing agencies across the US, UK and Australia, specializing in auto finance and car maintenance topics. The Daniel Group is the authority on auto insurance, loans, warranty options, auto services and more.

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Edited by: Rashan Michner, Edited by: Rashan Michner Managing Editor Rashan Michner is an editor on the Guides team with more than 10 years of experience covering personal finance and insurance topics.

For our review of the best auto insurance companies, we at The Guides Group took an in-depth look at several providers. We rank the best car insurance companies in the industry based on regional options and average rates for drivers in high-risk groups due to their age or disability.

Generally, drivers in this category pay more for coverage. Below we explain what makes these six auto insurers affordable options for high-risk drivers.

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Best High Risk Auto Insurance: Companies And Rates (2023)

Guides Group is committed to providing reliable information to help you make the best possible decision about your car insurance. Because consumers rely on us to provide accurate and precise information, we have created a comprehensive rating system to develop our rankings of the best car insurance companies. We collect data from dozens of auto insurance providers to rank companies on a variety of factors. After 800 hours of research, the final result is an overall rating for each provider, with insurers with the highest scores at the top of the list.

Drivers in the high-risk category may be for one reason or a combination of many. Potential risk factors include:

These risk factors are used by the best auto insurance companies when setting premiums because they can increase a driver’s chances of making a claim. People with some of these factors are considered low-risk drivers by insurers because they are less likely to file a claim. As a result, they pay less profit.

People with more than one of these factors can be high-risk drivers. These drivers almost always face high gain and may have trouble finding the area.

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* Note: Unless otherwise stated, the average rates quoted in this article are for full coverage car insurance. Pricing data for high-risk drivers uses a 35-year-old male driver profile unless otherwise noted. We compare these rates to the national average for a standard driver profile of 35 years of age, unless noted with a clean driving record and good credit.

In most cases, high-risk car insurance costs more than the average annual auto insurance cost of $1,730 for full coverage. Depending on the cause and provider, your risk factors may add to your premium.

The table below shows the average rates of major providers for high-risk drivers. These figures are based on an average of several risk factors: a young driver with a DUI, a ticket for driving 21 to 25 mph over the speed limit and three accidents.

The best high risk car insurance companies treat all faults and risk factors differently. That means providers that offer the cheapest rates for high-risk drivers in one category may not work for drivers in other groups.

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In most states, driving under the influence (DUI) or driving while intoxicated (DWI) are serious enough to get you criminal penalties. It is also possible to increase your car insurance premium significantly. In the table below, you can find the lowest average rates on car insurance for drivers with a DUI.

High-risk auto insurance companies assign different levels of speeding tickets based on the mph the driver recorded at the speed limit. Any speeding ticket or traffic violation can increase your rate, but the increase is higher if you have a more serious violation.

The table below shows some average rates of ticketing for drivers going 21 to 25 mph over the speed limit.

Depending on the provider and your policy, a single-fault accident may not cause your premiums to increase much. However, multiple car accidents in your driving history will always cause your rates to increase. In the table below you can find the average rates for drivers with three accidents on their driving records.

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Younger drivers are statistically more likely to crash. As a result, young drivers face higher rates on car insurance, even if they have clean driving records. The table below shows the providers with the cheapest average rates for drivers aged 16 and 19.

The above categories do not factor into your car insurance rates. Insurers also use the following variables to determine the rates they charge:

Those with bad driving records often pay more for car insurance, but they have access to the same coverage as other drivers. The best high-risk auto insurance companies offer a set of coverage options that most drivers have access to. Depending on your provider you may also find coverage options that can be added to your car insurance policy.

Every state that requires car insurance requires liability coverage, and some states mandate additional types of coverage. Common insurance policies include:

How To Save Money On Insurance As A High Risk Driver

Good risk auto insurance companies also offer optional coverage. State-required liability and injury coverage combined with the following options gives you what’s called full auto insurance:

Most insurers offer non-standard insurance options such as roadside assistance, rental car reimbursement and accident forgiveness. These can provide peace of mind and additional support, but they also add to the total cost of your coverage.

While State Farm is our top pick overall, the best car insurance company depends on your location. In addition to different rates, providers offer different coverage options, benefits, and customer service.

State Farm: Editors’ Choice Pro for high-risk drivers Competitive rates Multiple discounts Large network of offices and insurance agents not located in Massachusetts or Rhode Island

I’m Considered A High Risk Driver

The nation’s largest insurer is our choice for Editors’ Choice in our general insurance survey. Because of its consistently low average rates and wealth of discounts for high-risk drivers, State Farm is still our top choice for high-risk auto insurance.

Drivers who have just received their licenses and parents who have young drivers in their homes can avail of several discounts designed for them.

In August 2022, we surveyed 6,923 drivers to learn more about their satisfaction with their car insurance provider. We found that about 19% of respondents had a State Farm policy, making it the most popular policy maker in the survey. State Farm customers are generally satisfied with the company, giving it an overall satisfaction average of 4.2 out of 5.0.

High customer satisfaction scores Low rates for drivers in multiple risk categories CONS Available only to military members, veterans and their spouses and children Usage-based insurance Not available in California, Delaware or New Jersey

Best High Risk Auto Insurance Companies Of 2023

For qualified high-risk drivers (military members, veterans and their spouses and children), USAA is probably one of the cheapest options available. The provider has some of the highest customer satisfaction ratings in the industry and received a top score in every area on the J.D. Power 2022 U.S. Auto Insurance Insurance ℠. Due to USAA’s eligibility restrictions, it was not included in the survey.

Fewer than 6% of respondents to an August 2022 customer satisfaction survey reported having USAA auto policies, but those who did were very satisfied. USAA received the third highest level in overall satisfaction, averaging 4.3 and exceeding the industry average of 4.2.

Our team found that national average rates for dangerous drivers are generally competitive. However, the company has some of the cheapest average fares for drivers with serious speeding tickets, making it an especially attractive option for that group. AM Best maintains a stellar reputation nationwide with rating agencies such as the Better Business Bureau (BBB).

In our customer satisfaction survey, only 3% of respondents reported that they were insured by National. The company received an overall satisfaction rating of 4.1, just 0.1 below the industry average.