Drivers with multiple at-fault accidents, tickets or a DUI may have a challenging time finding affordable rates for car insurance. In addition, reckless or high-risk driving in Delaware could lead to your license being suspended, restricted or revoked. Delaware high-risk auto insurance is an alternative coverage that you may need to consider if traditional vehicle insurance is no longer available or affordable.
High-risk car insurance rates in Delaware
The cost of your Delaware vehicle insurance depends on your driving record, vehicle and level of coverage, among other things. Delaware high-risk auto insurance is likely to cost more than traditional coverage. Additionally, each insurance carrier has its own threshold of risk when pricing your vehicle insurance. One insurance company may provide affordable insurance for a driver with speeding tickets but increase premiums sharply after an accident or claim.
Car insurance rates after a speeding ticket
Getting a speeding ticket could increase your car insurance rates slightly or significantly, depending on the insurer. There is no formula to determine which insurance company will be cheaper after a speeding ticket. However, Bankrate’s analysis found USAA, Travelers and Nationwide to be the most affordable carriers on average.
|Car insurance company||Delaware average annual premium for full coverage before a speeding ticket||Delaware average annual premium for full coverage after a speeding ticket||% difference|
If you complete an approved traffic school course after getting a speeding ticket, you may be able to avoid an increase in your insurance rates. The eight-hour course can be completed online or in person.
Rates after an accident
In Delaware, being held responsible for a car accident will typically increase your premiums more than a speeding ticket. However, high-risk auto insurance rates in Delaware vary dramatically from one insurance company to the next.
|Car insurance company||Delaware average annual premium for full coverage before an accident||Delaware average annual premium for full coverage after an accident||% difference|
Based on our research, USAA is often the cheapest option for drivers with an at-fault accident on their records, with an average premium increase of just 1%. Meanwhile, Travelers’s rates increase an average of 24% after an accident. Finally, Nationwide rates increase 31%, on average, after an accident.
Insurance rates after a DUI
Driving under the influence may be the most dangerous risk a driver could take both financially and in terms of safety.
Here’s how getting a DUI can impact auto insurance rates.
|Car insurance company||Delaware average annual premium for full coverage before a DUI||Delaware average annual premium for full coverage after a DUI||% difference|
Car insurance rates for teen drivers
|Car insurance company||Average annual premium for full coverage|
*16-year-old on their parent’s policy
Getting quotes from multiple carriers is often the best way to find the most affordable car insurance.
Who is a high-risk driver?
High-risk drivers come in all ages and experience levels. Insurance companies generally consider drivers with a DUI conviction or with more than one accident or moving violation to be high-risk, as well as inexperienced young teen drivers.
Many states may suspend or revoke your license after accumulating a certain number of points on your license. In Delaware, the number of points assessed will depend on the circumstances of your incident. For example, speeding comes with a range of point penalties, depending on how fast you were going. Your license could be suspended if you have 12 points, unless you agree to participate in a behavior modification driving course.
How high-risk drivers can lower their insurance rates
High-risk drivers tend to have limited carrier options and costlier premiums. One way to offset the higher rates is by finding ways to reduce the cost of coverage:
- Shop around to find the cheapest coverage based on your current needs.
- Use as many discounts as possible. Common discounts include multi-policy, low-mileage and good student.
- Complete an approved traffic school course to keep points off your driving record.
- Increase your comprehensive or collision deductible to the highest amount you can afford.
Saving as little as 5-10% on your auto insurance could translate to hundreds of dollars over time.
Frequently asked questions
What is an SR-22?
An SR-22 is a form filed by your insurance company with the DMV on your behalf. It’s a certificate of financial responsibility that confirms you have the minimum amount of car insurance required to drive. Delaware does not require SR-22 forms.
I’m a high-risk driver. Do I need extra car insurance?
All Delaware drivers are required to have liability insurance with minimums of $25,000 in bodily injury and death per person, $50,000 total per accident and $10,000 in property damage. Personal injury protection (PIP) coverage is also required.
How many points do I get in Delaware if I cause an accident?
That depends on the specifics of your accident. The number of points assessed to your license could depend on your speed at the time of the crash, as well as other factors like if anyone was killed or if you were driving recklessly.
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample rates and should only be used for comparative purposes.
Incident: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.