How Long Are You Considered a High-Risk Driver?
Being classified as a high-risk driver can lead to increased insurance rates and, in some cases, difficulty obtaining coverage. Understanding the factors that can lead to this classification and how long you are considered a high-risk driver will help you improve your driving record and potentially reduce your insurance rates.
Defining High-Risk Drivers
A high-risk driver has a high probability of filing a claim due to their driving history or other factors. Here are some things that classify a driver as high-risk:
- A history of traffic violations, such as speeding or reckless driving
- Multiple accidents and at-fault claims
- DUI charge(s) or other alcohol-related incidents
- Lapses in car insurance coverage
- Being an inexperienced driver
- A poor credit score
Duration of High-Risk Status
The amount of time you’re classified as high-risk depends on the instances and local laws that led to this classification. Most traffic violations and accidents stay on your driving record for three to five years. More serious offenses, like DUIs, reckless driving, and driving without insurance, can remain on your record even longer. In certain cases, searching for cheap SR22 insurance in Colorado or other states with this system may be necessary as proof of financial responsibility for high-risk drivers.
Improving Your Driving Record and Risk Rating
Fortunately, you can take several steps to improve your driving record and lower your risk rating:
- Be cautious and attentive on the road. Avoiding further traffic violations, accidents, or claims will significantly help to improve your classification as a high-risk driver.
- Enroll in a defensive driving course. Some insurance companies offer discounted rates for completing an approved defensive driving course.
- Maintain continuous coverage. Ensuring you have no gaps in your car insurance coverage will demonstrate responsibility to your insurer.
By developing safe driving habits and receiving no new infractions, you’ll eventually lose your high-risk status. The key is patience and consistency in good driving practices.
Consequences of High-Risk Status
Being labeled a high-risk driver yields negative consequences that affect your driving privileges and insurance premiums. Insurance companies may charge higher rates to balance the risk of insuring you. Additionally, some companies may decline to provide coverage altogether, forcing you to search for high-risk insurance providers. After considering the negative impact of a high-risk driver status on your insurance rates and driving privileges, do what you can to improve your driving habits and continuously review your insurance options.
How long you’re considered a high-risk driver depends on the nature of your infractions and the time it takes to exhibit better driving habits. Improving your risk rating will benefit your driving record and your insurance premium rates.