Are You A "Standard Driver" For Auto Insurance?
While you may not qualify for the cheapest preferred rate, most of us are Standard drivers, and will not suffer the 200-400% premium hikes the highest risk drivers face. Standard consumers are those insurers believe to be a little, but not much, more risky than the Preferred driver. They qualify for coverage by the company with slightly less restrictive underwriting guidelines and somewhat higher rates-generally about 25 percent to 30 percent above Preferred driver premiums.
You could be a Standard Driver if you have:
Only 1 ticket or minor accident
Less than perfect (but not horrible) credit
Have not declared bankruptcy within the last 10 years
Live in a middle income area
Standard Drivers do not have:
Speeding or reckless driving tickets
Convictions for DUI
To file a form SR22
To file a form SR-1 If the above does not apply, you might be a considered a "Preferred" or "High Risk" driver. If you are high risk, you have to become standard before you get to preferred. As a standard driver, aspire to become preferred to lower your car insurance rates by 20-50 percent. To find out, we recommend ComparisonMarket.PHP ERROR: Cannot execute query9.