What is a high-risk driver?
The Bankrate.com financial term of the day is: "high-risk driver."
Insurance companies don't like customers who could potentially cost them a lot of money. Auto insurers are wary of the high-risk driver who might be more likely to file a claim. This could be someone whose record already shows a few accidents or traffic tickets, or maybe a teenager who doesn't yet have a driving history, or even someone who owns the type of sports car that you buy if you don't really plan on sticking to the speed limit. A high-risk driver typically pays more for car insurance.
If your insurer considers you a high-risk driver, you'll need to establish a good driving record to get in the company's good graces and lower your rates.
To get an insurance quote, visit the Insurance section at Bankrate.com.