Auto Insurance for the Hard-to-Insure

1. Auto Insurance for the Hard-to-Insure www.BeamaLife.com | 1-866-972-3262

2. Auto Insurance for the Hard-to-Insure • Auto Insurance for the Hard-to-Insure • If you're having a hard time getting auto insurance, it may be the result of your being classified as a high-risk driver. But being classified as high risk doesn't mean that you're entirely out of luck when it comes to auto insurance. www.BeamaLife.com | 1-866-972-3262

3. Auto Insurance for the Hard-to-Insure • Definition of a high-risk driver • The definition of a high-risk driver varies, depending on the insurance company. However, if you've ever had a serious traffic offense (e.g., drunk driving) or multiple traffic offenses (e.g., speeding tickets), there's a good chance that you'll be classified as high risk. Other factors that could play a role are your age, the type of car that you drive, and your payment history. www.BeamaLife.com | 1-866-972-3262

4. Auto Insurance for the Hard-to-Insure • Coverage for high-risk drivers • Many insurance companies have developed a more liberal philosophy when it comes to high-risk drivers. So even if your driving record isn't spotless, you may still be able to obtain insurance through a private insurance company. If this isn't the case, however, you may fall into your state's assigned-risk pool. www.BeamaLife.com | 1-866-972-3262

5. Auto Insurance for the Hard-to-Insure • Each state's assigned-risk pool works differently, but its main purpose is to make sure that every driver has access to some level of auto insurance. Although assigned-risk pool insurance does cost a lot more than a standard auto insurance policy, at least it ensures that you'll be covered. www.BeamaLife.com | 1-866-972-3262

6. Auto Insurance for the Hard-to-Insure • What is an SR-22 form? • When you're classified as a high-risk driver, you may have to obtain an SR-22 form. This form confirms that you have auto insurance, even though you're in a high-risk classification. The laws regarding SR-22 status vary, depending on the state. www.BeamaLife.com | 1-866-972-3262

7. Auto Insurance for the Hard-to-Insure • Ridding yourself of high-risk classification • There's no doubt about it--if you're classified as a high-risk driver, your insurance premiums are going to be expensive. So you're going to want to take steps to clean up your driving record. Some helpful hints for ridding yourself of high-risk classification: • Drive safely and try to avoid causing an accident www.BeamaLife.com | 1-866-972-3262

8. Auto Insurance for the Hard-to-Insure • Drive within speed limits to avoid getting a speeding ticket • Send your payments in on time • If you drive a high-performance car, consider selling it or trading it in for a low-risk car (e.g., station wagon, sedan) www.BeamaLife.com | 1-866-972-3262

9. Auto Insurance for the Hard-to-Insure • Once your classification is improved, you'll save hundreds, if not thousands, of dollars in premiums. You may have to be patient for this to happen, however, since some states keep violations on your driving record for as long as six years. www.BeamaLife.com | 1-866-972-3262

10. Auto Insurance for the Hard-to-Insure www.BeamaLife.com | 1-866-972-3262