The amount you pay for insurance is called the premium. Insurance companies will charge you more if you have had accidents or if you have received fines. Insurance companies often consider high-risk drivers, such as those with a history of driving under the influence of alcohol or multiple traffic violations, to be ineligible for coverage. Excluding these drivers from policies helps insurance companies manage risk and maintain reasonable premium rates for their members.
The impact of your driving record on your insurance rates varies widely from company to company, so you may be able to save significantly if you switch insurers. In general, a driver who lives in an urban area will pay more than a similar driver who lives in a rural area. Here are some of the most common features that insurance companies consider when determining your car insurance rate and some tips that might help you lower that rate. If you recently experienced any of the following difficulties that negatively affected your credit score, you can ask your insurance company to consider these factors when calculating your insurance rate.
Excluded driversare people who, through an agreement with the insurance company, are intentionally excluded from the coverage of an auto insurance policy.
Taylor insures a wide range of collectible vehicles, from stock antiques to muscle cars, vintage luxury cars, replicas and many more. Discounts can include things like taking defensive driving or driver education classes, maintaining a good driving record, participating in an optional telematics program, getting good grades in school (for school and college age drivers), having more than one car in a policy, and having multiple policies with the same company. If you were injured in a car accident involving an excluded driver without insurance coverage, it's beneficial to contact a specialized personal injury lawyer. Insurers use the make and model of your car to make predictions about the damage you could cause or suffer in the event of an accident and the costs associated with repairs.
Taylor offers collector's insurance for vintage and classic cars, vintage luxury cars, muscle cars, sports cars, racing cars, homage and replica vehicles, and much more. Keep in mind that you're also likely to be paid a higher rate if you've paid multiple car insurance claims in the past, even if the accidents weren't your fault.