Good2Go Insurance High Risk Drivers Specialist

Things You Need to Know Before Buying Car,House, Health & Life Insurance online.

Insurance Buying Tips #1: Shop smart
When looking for insurance, your No. 1 priority should be to find adequate coverage. Price is important, but you’ll want to determine what kind of coverage you need first. Then you can fit that coverage into your budget and determine which carrier can provide you with the most comprehensive policy for your situation. You may be tempted to choose insurance with the lowest price tag, but if you don’t have enough coverage (or the right kind of coverage), you will see less financial benefit when it comes time to file a claim.
Insurance Buying Tips #2: Look for discounts
Once you evaluate your coverage needs, factor in your budget and find ways to save. Ask your insurance agent if there are any discounts on your coverage. Often, carriers offer discounts for things like paying your policy in full, staying auto accident-free or, if you’re in school, getting good grades. You also can save money by “bundling” multiple policies, such as purchasing a home and auto policy from the same carrier.
Insurance Buying Tips #3: Fill in the gaps
An average policy will cover the basics, but you may need to add extra coverage to meet your unique needs. For instance, you may have items like electronics or a nice piece of jewelry that would be financially difficult to replace, even with the assistance of your average renters or homeowners policy. You may want to add additional coverage for these items.

The former is the preferred class for insurer since drivers categorized under the category are considered safe and the possibility for them to file claims due to accidents and other reasons is low. The latter is commonly avoided by most insurance company because drivers in this category are risky to insure. Auto insurance providers avoid selling coverage to such drivers due to many reasons such as past accidents, credit score, home ownership, etc. If you happen to fall into that category, you will normally need a company that specializes on providing coverage for high risk drivers such as Good2Go Insurance. Common reasons why you are considered high risk drivers are as follows:

1. Bad Credit Score

Most insurance companies determine your premium rate based on your credit score. A good score means lower premium, while bad score means expensive rate. Although you have never been involved in any road accident, there is always a possibility that you are listed under “high-risk” category because of this issue. Insurance companies use theories suggesting that credit scores are tied or correlated to the possibility of a driver missing a bill or two. As a specialist in high-risk drivers, Good to Go Auto Insurance does not use this variable in the approval procedures.

Insurance Buying Tips #4: Purchase life insurance—you aren’t too young
Life insurance is essential, no matter how young or old you are. And for millennials, buying now may be a smart move because it’s cheaper to buy a life insurance policy when you’re young and healthy. This kind of insurance can help your family cover unexpected costs in your absence, including student loan debt or a mortgage, in addition to end-of-life costs. And if you have kids, a life insurance policy can also support their education or childcare expenses. Additionally, every millennial should consider long-term disability coverage, which helps you stay afloat financially if an accident happens and you become disabled and unable to work.
Insurance Buying Tips #5: Talk to an independent agent
An independent insurance agent is an essential resource when purchasing insurance—especially if this is your first time. An independent agent works with multiple different carriers, which is different from captive agents who can only sell insurance from the carrier they work for. Working with an independent agent can help make sure that you are getting the best coverage, for the best price. You’ll also benefit from independent agents’ insurance knowledge; they know how to talk you through your options and actually explain what each policy includes. An independent agent will make sure all of your assets are covered, help you find discounts or other ways to save, and be a valuable resource as your life changes and your insurance needs change, too.
Insurance Buying Tips #6: Only buy insurance to maintain your existing standard of living
You don’t need insurance for events that won’t severely strain your finances. Start with your basic needs (home, auto, business), then work your way to include other needs (cyber, liability). You can always obtain coverage later for something if you change your mind. You can minimize your risk and maximize your savings by buying insurance that won’t cause you to break the bank.

2. Traffic Tickets

A traffic ticket may not be seriously considered, but repeated speeding or DUI may cause you have difficulties in finding an insurance company to provide coverage. Repeated traffic violations suggest that you are probably a reckless driver. Most companies will not want to provide insurance for any driver with a driving history full of tickets. Fortunately, if a company specializes on providing coverage for high-risk drivers, driving history is often irrelevant. Good2Go Auto Insurance is a good example of high-risk car insurance provider to give you coverage regardless of traffic tickets.

3. Home Ownership

Most insurance companies like to think that home ownership is a good sign of financial stability. From insurance perspectives, not owning a home is a variable that put you into high-risk category. Good2Go Insurance does not really consider this an important factor to provide coverage for everyone.

Insurance Buying Tips #7: Ask your insurance provider what the policy doesn’t cover
Every insurance policy has perils that are not covered by your policy. These perils are referred to as “exclusions”, and every policy has them. Ask your insurance provider to explain the exclusions in your policy to avoid discovering what they are once you incur damages or a loss.
Insurance Buying Tips #8: Consider bundling several policies with one insurance carrier
here may be value in bundling several policies with one insurance carrier. If you’re looking to insure multiple vehicles or obtain multiple types of business coverage (e.g., liability, property, cyber), then you may want to consider obtaining coverages under one insurance provider who carries multiple products, and who may be able to offer you multi-policy discounts or loyalty programs.
Insurance Buying Tips #9: Review your insurance needs on a yearly basis
As your needs evolve, so will your insurance policy. Maybe you’ve acquired a new vehicle since obtaining auto insurance for your primary vehicle, or started operating your business out of your home, or experienced a cyber-attack during the year… Whatever the change(s), you’ll want to make sure you’re covered for any new risk exposures. Talk to your insurance provider to stay on top of your insurance needs.
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