If you are a bit aware of auto insurance or you have ever done your vehicles insurance, then you might be knowing that there is a different type of auto insurance. Those are:
- Standard auto insurance
- Non-Standard auto insurance
Let us first have a look that what both these auto insurances states.
The first one is non-standard auto insurance, which has just one main difference by comparing it with standard auto insurance, and that is the difference of risk factor. It is said that those who have a high-risk factor in their driving work or are unable to fulfill the criteria for standard auto insurance those people go for non-standard auto insurance. Standard auto insurance is a cheap auto insurance type.
The fees of non-standard auto insurance are higher than standard auto insurance. Some people who do not go for standard auto insurance or are unable to get a standard auto insurance coverage, they are forced to go for non-standard auto coverage as if they deny to go for any insurance coverage then they would not be able to re-issue their driving license.
Although if a driver with non-standard auto insurance can meet up to the eligibility criteria of standard auto insurance then, they can go for it any time easily.
How does non-standard auto insurance work?
If someone talks about high-risk car insurance, then you can easily say that they are talking about non-standard auto insurance. High-risk car insurance is the second name of non-standard auto insurance. The basic working of this type of auto insurance is to provide insurance coverage facilities to those drivers who are at higher risks or are doing so risky jobs or are unable to meet up to the eligibility criteria of standard auto insurance.
Now you must be thinking about how one can find that they are at higher risk? So let me tell you, if your car has gone through some accidents within the past some years then you come under higher risk auto insurance category. Not only that, if you are below the age of 25 years or above the age of 75 years, then also you come under higher risk auto insurance. The working of standard and non-standard auto insurance is the same, and the main difference is that under non-standard auto insurance the driver had to pay higher rates as compared to standard auto insurance, no matter if the plan in both insurance types is the same.
Reasons you may fall into non-standard tier
There are a few reasons why you may fall into the non-standard auto insurance category, let us have a look at those factors:
– The first reason is if your car has faced several accidents in previous years, then you would be counted under higher-risk drivers, which means you would have to go for non-standard auto insurance.
– The next reason is age factor if you are below 25 years old or above 75 years old or you don’t have enough driving experience then you would be sent under non-standard auto insurance.
– The next reason for falling under non-standard auto insurance is if you want to be the drive of the car you do not own then also you will be sent under this non-standard auto insurance category.
If you are unable to fulfill any requirement for gaining a standard auto insurance coverage, then also you would fall into the non-standard auto insurance coverage category.
If someone does not wants to go for standard auto insurance or any other type of auto insurance, then they would not be able to re-issue their driving license. Such people also fall under non-standard auto insurance category, for which they have to pay higher rates for the same plans they are offered under standard auto insurance.
Who sells non-standard auto insurance?
You will notice that those insurance companies who are selling standard auto insurance, they also sell non-standard auto insurance. This is because there is no change in the working or criteria of both the insurance types, the only differences are that those who fall under non-standard auto insurance category they are called as high-risk drivers, you can have a look above for knowing why someone is called the high-risk driver. There’s a second difference too, which is under non-standard category the person has to pay higher rates for the same plan and coverage that one could easily get at lower prices under standard auto insurance category.
Although if a can insurance company you know does not offer this service, then you can easily find a non-standard insurance seller online without any chaos, there are several such insurance sellers out there.