Best Auto Insurance Companies for Good Drivers

A good driver can be defined as a driver who hasn’t had any traffic violation or ticket at least for the last three years. Most companies wouldn’t look any further than the last three years for claims and tickets. It is not hard to find the best car insurance companies for good drivers since even the largest insurers in the US compete hard for this type of low risk policyholders. They are highly profitable because they don’t make claims.

Insurers love established drivers with no ticket and claim on their name. That is why you probably have the luxury to pick any of the leading insurers. You can get large discounts by shopping for the most competitive auto insurance with good driving record. 

Discounts on car insurance for reliable drivers starts as soon as you complete your first trouble free year in terms of accidents and traffic tickets. There may be special offers from time to time that allow drivers to speed up this process. For example, they can buy a 10 month policy and get one year no claim discount. Some companies can offer as much as twenty percent even after just one year if the policyholder is an experienced driver. You can get the lowest rates with established and clean driving history for five years. After that period you wouldn’t normally see noticeable difference in premium either way unless something changes. The size of the discount varies by insurers and can be between thirty to fifty percent.

Why Insurers Offer the Best Car Insurance for Good Drivers?

As explained above, you need to avoid accidents and tickets if you want to get the best auto insurance policy at great rates. Premiums are mainly based on the statistical evidence that show low or high chance of accidents. When a driver clearly demonstrates ability to go years without any incidents they prove the case for being very low risk. So, what is the best auto insurance company for lower risk motorists? Almost all companies like them and offer competitive packages to attract. GEICO, State Farm, Farmers and Progressive are only some of the insurers to list.

Value of long clean driving records becomes even clearer when we look at new drivers with no history and drivers with claims. They either have no statistically significant information about or negative history. They are more likely to cause depletion of insurance funds by making large claims. Therefore they should be contributing more into the pool by paying higher premiums. In contrast, better drivers should be paying less for coverage. That is what happens in most cases but there is one way of making sure.

Shopping for the Best Value Auto Insurance for Safe Drivers

Policyholders keep getting discounts until they reach five years without a claim. After this period they either get very little discounts or no further rate cuts. If your vehicle insurance premium is following a different pattern for no reason it may be time to shop around. Many policyholders ask why did my vehicle insurance go up but do nothing about it. Particularly, when you see rate increase for no reason you should start with asking why you would see an increase when you have not made any claim.

Safe driving history is still the main factor in premium calculations for quite a few companies . However, lately some policyholders have been reporting unexpected rises in their renewals. This could be because of deteriorating credit score or changes in the way current insurer calculates premiums.

It may be understandable when a new car insurer you applied offers you high quotes due to factors not related to your driving history. However, it is unfair for your current insurer to suddenly carry out a credit check on you and decide to raise your rate as much as 20%. If you have no claims and you have been paying premiums without delay there is no ground for them to even check your credit history.

Policyholders should not bite their tongues and accept premium hikes. There are many other respectable insurers to go to as pointed out above. They should force their way to get the cheapest automobile insurance with clean driving history. As far as they are concerned they are good risk to have. If a driver has not had any accidents for three years what else they need to do to get a little relief from insurance costs?

Share on Pinterest
There are no images.