HIGH RISK. LOW COST.

What is High Risk Auto Insurance in Middleton, WI?

The reality is that some cars and drivers need high risk auto insurance in Middleton, WI. Some drivers and vehicles tend to accidents than others. When a car or driver is considered high risk then higher premium payments tend to go along with that, too. is reflected in their car insurance premiums. But if you are high risk, we can help with all of this.

Your driving record is the main factor that determines whether or not you need high risk car insurance. For example, if you've been convicted of driving under the influence (DUI) of drugs or alcohol or have multiple violations such as speeding tickets, you may be considered a high risk driver. This often requires a different level of insurance coverage

Recent history is the most important factor in determining whether or not your rates will be affected. Accidents or tickets for moving violations received in last twelve months will count more than an incident from five years ago.

High Risk Car Insurance Cost

First, when you are looking to get a realistic picture of what your high risk car insurance cost might be simply ask us for a free quote, based on your driving record. If you are considered a high risk driver for auto insurance now, here are some steps you can take that may lower the premiums insurance companies can offer you in the future:

  • Trade in your car for a model with a better safety record or safety features.
  • Follow all traffic laws. Going three years without a ticket may result in a decrease in your premium.
  • Take a defensive driving course. Check with an agent for approved courses.
  • Significant discounts are available if you can avoid an accident for three years by driving defensively.

 

About Middleton, Wisconsin

Middleton has become a thriving and vibrant community that is a vital commercial and business center as well as the home of approximately 17,000 residents. The following is a description of how Middleton grew into one of the “best places to live” in the United States from pretty humble origins.

On March 11, 1848, The Township of Middleton separated from the Township of Madison, just months before Wisconsin became a state. The first postmaster in the new township, Harry Barnes, suggested the name Middleton after a community in his home state of Vermont. Mr. Whittlesey was the first chairman of the Township of Middleton. The township grew as settlers continued to move in. The two most prominent and populated communities in the township were Pheasant Branch and East Middleton which was later known as Middleton Junction, located east of Pine Bluff along Mineral Point Road.

With the railroad that runs through the township, there were many economic opportunities. Businesses and people constructed stores and homes near the first railroad depot, which was built by Mr. Slaughter. The original railroad depot was located across Parmenter Street from the current depot building. To identify the rail stop, a sign was erected on top of the depot with the name, Middleton Station. Because this is when the first plat was registered in Middleton, 1856 traditionally has been recognized as the year when Middleton was established.

Middleton was a work in progress throughout the early 20th century, like much of the Madison metropolitan area. Middleton became a city in 1963 and the foundation for modernization and progress was created. In the 1980s, the grain elevators and other blighted remnants of the old railroad days were replaced by a downtown renovation project.

Residential developments in Fox Ridge, Stonefield, Orchid Heights, and other areas of the city added thousands of new citizens. Residential development continued in the 1990’s with the addition of North Lake and Middleton Hills, which features Frank Lloyd Wright inspired architecture. Middleton has sustained its well-planned growth with continued downtown renovations and the addition of the Greenway Station retail center and commercial offices just east of the beautiful city-owned Pleasant View Golf Course.

 

High Risk Driver Insurance

The insurance category reserved for high risk drivers is called high risk driver insurance. These individuals have a history of past driving violations, inexperience behind the wheel, or a poor credit score. If you meet any of these criteria many insurance companies will consider you a high risk driver and as a result your car insurance premiums can be higher than normal. This is no reason to worry. While some insurance companies won’t insure a motorist with marks on their driving record, there are plenty of reputable carriers who will insure drivers who have had a few mishaps along the way.

What Determines If You Are a High Risk Driver?

DUI Conviction

You can expect your premiums to go up if you've been convicted of driving under the influence. After you get your driver’s license back, you'll need to carry DUI insurance, which is also known as SR22 insurance. SR22 is the highest risk coverage a car insurance company can carry and will need to be filed with your state DMV in order to reinstate your driving privileges. You'll also need to have your SR22 on file with the DMV for up to five years after your DUI incident. States will vary on how long your DUI will show up on your driving record but be prepared for insurance companies to charge you higher rates for as long as your DUI is still on your driving record.

 

First Time Driver

Drivers who are newly licensed will always face higher insurance rates than seasoned drivers who've been driving for a longer period of time regardless of the new driver’s age. That being said, you can work around this rule by having someone add you to their existing policy. This ensures your premiums will be lower than if you were to have your own policy.

 

Low Credit Score

People who have a poor credit history will also be deemed high risk drivers. Why is this the case? Insurance companies are essentially placing millions of bets, in the form of insurance policies, and to decrease their risk they know that it is smarter to insure responsible people. They've determined that checking your credit history is a quick and easy way to screen your level of responsibility in advance of insuring you. There are some insurance carriers who don't do credit checks, but it is pretty common practice now.

 

Lapse in Insurance Coverage

Regardless of the reason why you dropped your last car insurance policy. If you reapply you will find that premiums are higher now. The good news is that over time, and once you prove to the insurance company that you're a responsible driver, you're premiums will drop back down to normal rates. Please note that it can take as many as six months or more for your policy premiums to decrease.

 

Young Driver

Young drivers including students are also qualified as high risk. Statistically, drivers in their youth are at a greater chance of getting into an auto accident and insurance carriers adjust their premiums accordingly. This is due to their inexperience on the road.

 

Other Serious Driving Violations

You might find it as no surprise that your insurance premiums will spike if you have any serious driving violation even if alcohol was not involved or you were not charged with a DUI (hit and run, road rage, excessive speeding). Higher insurance premiums may be the least of your worries, however, as many of these moving violations are considered felonies which could result in problems beyond your car insurance concerns.

High Risk Insurance Companies Tips

  1. Compare and Contrast Providers in Your Area

Fortunately, the internet has made a once painful experience much easier by allowing you to apply for quotes, compare and contrast results, and choose the best plan, all from the comfort of home. However, at Action Insurance Agency we work with all of the top insurance providers and do all of the research and leg work for you so that you get the best cost and plan that’s right for you. Sounds better than searching on your own to us.

  1. High Risk Status Changes Over Time

While insurance companies may view you as high risk today, you'll be happy to know that your status will change once you've proven that you are safe and responsible again. Certain things like getting a DUI will keep you paying increased premiums for an extended period of time. However, most other high risk drivers begin paying lower rates again much sooner.

  1. Steps You Can Take to Lower Your Rate

It would be foolish to just wait for your insurance rate to drop without doing anything to speed up the process, because you can. Taking proactive measures like working to improve your credit score, getting good grades as a student, or taking driving classes after a violation, are all within your control and can help your rates. Just remember, your insurance company will want proof of these measures, so keep good records of what you have done and submit them to the carrier when you're ready.

 

Evaluating Insurance Companies

Action Insurance Agency only works with the highest satisfaction ratings. We won’t put you on a plan that is anything less. However, we encourage you to do your research and hope that you will find out for yourself that we have you covered. As you compare car insurance options for high-risk drivers, look for a company that is financially strong, so you can be confident it’ll be able to pay claims if that ever becomes necessary and that doesn’t have too many customer complaints.

The NAIC’s ratio is based on the number of complaints filed against an insurance company with state regulators, adjusted for market share. The national NAIC median is 1.00. The ratios listed above are all higher than that, which means these companies all received a relatively high number of complaints. Very high complaint ratios are out of the ordinary and often indicate a company has had many unsatisfied customers relative to the value of premiums it has written during the year.

The three most common complaints filed with nonstandard insurers in 2018 were delays in processing claims, claim settlements or offers that were too low, and claim denials.

The financial strength of a company tells you how likely it is the insurer can pay a claim. An insurer with any of the A grades is a safe bet. It’s possible for a company to be unrated by A.M. Best for a variety of reasons, including that the company hasn’t requested a rating or requests not to be rated anymore. Action Insurance Agency can help you look at the options available to you so that you can save time and money.

 

What is a high-risk driver?

There are a variety of factors that influence your auto insurance rates including your gender, where you live and what kind of car you drive. A few things that you don’t want on your driving record can contribute to you being denied standard auto insurance rates and labeled as a high-risk driver. Although discussed previously above, this is a more thorough list.

DUI or DWI Offense

If you were convicted of a DUI or DWI in the past five years is the quickest way to get labeled a high-risk driver.

 

Another Serious Moving Violation

There are other serious moving vehicle violations that can up your premium beyond a DUI, including hit-and-runs, road rage, and excessive speeding. Depending on where you live, being at-fault in an accident can also cause you to fall into this category.

 

Multiple Moving Violations

If you currently have multiple violations on your record such as speeding tickets or other traffic citations, this can also cause higher rates. Again, this applies to the last five years.

 

Teen Drivers

Teen drivers have some of the highest rates out there because they don’t have any history to their driving record that demonstrates whether or not they are a responsible driver. Statistically, teens are very likely to get into accidents but as long as a clean driving record is kept, your insurance premiums should go down each year until you’re twenty-five years old.

 

Over the Age of 65

Once you reach retirement age, your car insurance rates may start increasing again. This is due to statistics again and rates can increase further when you turn 70. Drivers over 70 are involved in more fatal accidents.

 

First Time Drivers

Adults who are newly licensed may have higher premiums for the same reason as teens do. These drivers have no previous history that demonstrates good driving. If you are a recent immigrant to the United States, you might be able to use proof of good driving history in their former country as a way to avoid this and get standard rates. Contact Action Insurance Agency today with any questions you may have.

 

Lapses in Insurance Coverage

Insurance companies penalize you if you don’t have a consistent history of being insured, even if you have good reasons for not having kept your insurance policy. This is again because you lack a history of recent driving for an insurer to gauge how safely you drive.

 

Poor Credit

Insurance companies have found a correlation between credit score and insurance claims, and if you have a low score, your premiums can be higher than someone with a lower score. All drivers should comparison shop when shopping for car insurance. If you’re consistently getting quoted high rates, you may be a high-risk driver. When you work with the experienced professionals at Action Insurance Agency we’ve already done the shopping around for you. Give us a call to discuss what might be best for your situation.

 

How to Buy High-Risk Auto Insurance

If you’re a high-risk driver, the insurance buying process is the same for any driver, and often involves getting insured through the same companies. It’s especially important for high-risk drivers because the rate differences can be especially high and Action Insurance Agency serves as your eyes in the field to find the best rates and coverages.

The best way to buy car insurance if you’re a high-risk driver is through an independent insurance broker, such as Action Insurance Agency. When you apply for quotes through a broker, you fill out one application and get quotes from several different insurers. Plus, since brokers work with several insurance companies, they can ensure you get the best coverage and the best deal. And because car insurance rates are regulated, you’ll get the same quotes if you were to contact each carrier directly but in a fraction of the time.

It’s especially important for drivers who are high-risk to work with an experienced broker in order to find the best car insurance company and policy for them. A broker will be able to look at your specific history and make personalized recommendations about where you’ll be able to find the most affordable coverage for your situation.

Contact Action Insurance Agency via the contact form on this page or by calling us today for any questions you may have and for a free assessment to get you the best coverage and rates.

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