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Are You at Risk for High Car Insurance Premiums?

by Amy Walters

You’ve never been in an accident and your driving record is as spotless as the floor in your car (not that the insurance claims guy ever notices). So how come your auto insurance premiums are still sky-high?

That’s the question asked each year by many frustrated drivers. Studies have shown that there are more high-risk drivers on the road now than ever before, and that’s led to an increase in non-standard auto insurance policies, which are often more expensive.

Whether you operate heavy construction equipment or run a convenience store, you could be at risk for higher premiums if you fall into one of these groups.

Bad Driver

Whether you’ve been convicted of a DWI or racked up a number of speeding tickets, people with black marks on their driving records invariably receive higher insurance premiums. That’s because they’re a greater risk for companies to insure.

They’re more likely to incur problems, namely car crashes, that can cost the insurance companies money. Because of that, they’re charged higher premiums, because it’s a greater gamble for the company to back them.

If you have points on your license, try to work on whittling them down in order to make yourself appear to be a better driver to your insurance company.

Over Age 70

Alas, you could have a perfect driving record for 54 years and see your premium shoot up when you hit 70 simply because of your age.

It sounds discriminatory, but it’s true: Older drivers are at greater risk statistically of getting in accidents, and thus costing insurance companies money. Older people’s reflexes are often slower and their vision is worse, both concerns for driving.


Studies have shown that married people are less likely to get in an accident than the average driver, thus married people often have lower insurance premiums.


Teens get a bad rep as irresponsible drivers. The truth is they simply don’t have as much experience as the older people they share the road with, and that can lead to collisions and moving violations, which is why nearly every car insurance company charges teens a higher premium.

Some, however, will agree to lower it if the teen takes additional (optional) driver’s education courses.

You Drive a Lot

If you commute 80 miles round-trip to work every day, there’s naturally more chance that you’ll be in an accident than someone who commutes 2 miles. When you’re on the road more, your rates will likely go up more.

Low Credit Rating

Though not that common, insurance companies have begun considering a person’s credit rating when quoting rates. The credit rating is seen as a reflection of the person’s trustworthiness and stability.

Carly is a freelance writer who loves animals, spending time outdoors, and traveling. She loves how blogging allows her to share her writing with a large audience on the internet.

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