Non Standard Auto Insurance

Uninsured Drivers


The good news is that the percentage has been in downward trend since the 1980s when there were 16 percent of uninsured drivers. After 2003, the portion has declined until now. Percentage has dropped indeed, but the overall uninsured population is growing as more people drive cars over the years. Although the percentage indicates small portion, it still makes for a total of nearly 30 million drivers without insurance. The number is not equal in every state; Texas has about 1.6 million, Ohio has 1.3 million, and Tennessee has 1.2 million of them.




For those who fall into the uninsured category, please consider the possibility to purchase the state’s minimum coverage requirements. Every state has different regulations for the limits, but most of them require only two: Bodily Injury Liability and property Damage. There will be no fines or suspension due to failures to produce proof of valid insurance.



Underinsured Motorist Coverage


In Texas, 20 percent of all vehicles have no insurance coverage. When someone with no insurance causes an accident, the injured party must pay for all damages on their own. There is no compensation or payout from the at-fault party because they have no insurance. To avoid big expense, insured drivers must also purchase Uninsured/Underinsured Motorist coverage. An amount of about $1 billion per year goes for that coverage to protect themselves against those illegal drivers.


There can be many reasons why some people refuse to purchase auto insurance. A full-package insurance that consists of both mandatory and optional coverage can cost a lot of money, but the minimum coverage are always more affordable. Another common reason is the difficulty to get approval from providers due to various issues such as bad drive records, previous involvement in accidents, recurrent traffic violations, or insurance lapses. If those are the problems, non-standard insurance market provides the solution.


Non-standard auto insurance is a term to classify specific types of coverage available for drivers who find it impossible to get approval from the standard ones (with standard premium rate). Premium rates are more expensive, but there is the promise of easy approval. However, it is possible that some of those drivers do not realize that they fall within non-standard category. Here are some common reasons why drivers are in non-standard tier:


· High Risk Drivers: high-risk label comes after involvement in accidents, recurrent traffic violations, frequent claims, and combination of those.


· SR-22: when a driver carries an SR-22 to claim financial responsibility, chances are the person had a conviction for example reckless drives or DUI. Most insurance providers file the form with the state to prove that the driver has active coverage from valid insurance policy.


· Salvage Title: a car with salvage title indicates that an insurance company has declared the car as total loss, but the car is now drivable after repair. Total loss is a term used when repair cost of a car is more expensive than the car’s value.


· Non-owner: non-owner insurance is available from non-standard market, and affordable.


From insurance companies’ perspectives, teenagers are high risk drivers due to lack of experience on the road. A stand-alone insurance policy for a young driver tends to be expensive, and this is why parents often join the policies instead. For any reason, in case a provider does not consider an applicant low-risk or preferable, the applicant ends up with a provider from non-standard category to avoid fines, suspensions, and even jail times.


More expensive rate from non-standard insurers does not always mean better protection from financial loses. Those companies capitalize high-risk drivers’ difficulties to get approval from normal rate. Most insurers offer only the state’s minimum requirement coverage to help consumers save money. As the market gets more competitive nowadays, even some non-standard companies can offer competitive prices as well.


Tips for High Risk Drivers


Variation in price is normal, and smart consumers always compare the rates before they buy. Here are some tips for those who are in the market for non-standard auto insurance:


1. Compare plenty of quotes: the wisest move is to compare as many insurance quotes as possible to get the best rate. Comparison should be apple-to-apple; compare each coverage type instead of the whole package.


2. Assigned risk pool: some states help the otherwise uninsurable consumers to get insurance. The state set the maximum rate.


3. Understand the limitations: non-standard auto insurance gives easy approval indeed, but it does not revoke the high-risk label. There can be a lot of limitations in the policy in terms of permissive drivers, limits, and coverage options.


4. Remember the renewal date: as the renewal date approaches, shop around for standard insurance. With clean record and violation-free history over the previous period, high-risk drivers can get back into the standard market.


Good 2 Go Auto Insurance Company is one of non-standard provider which specializes on specialty coverage for high-risk drivers. It works with a large network of insurers all across the country such as Progressive, American Independent Insurance Company, Bankers Independent Insurance Company, Omni Indemnity Company, Titan Insurance (a Nationwide Insurance Company), and Infinity Auto Insurance.


Besides the state’s minimum coverage requirement, Good to Go Insurance also offers optional coverage types such as Comprehensive and Collision. With various discounts and multiple payment options, Good to Go Insurance is ready to provide quick, simple, and affordable coverage for all.













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