Non-standard car insurance isn’t the lowest you can go.
Non-standard car insurance is not a good place to be, it’s not the worst place you can be, but it is not a good place. Non-standard insurance is the lowest level of acceptance in an insurance company before they just flat out tell you that they don’t want your business. This level is usually for those that have a number of car accidents, violations, and bad credit. It can be a combination of two or more of these or just a really bad level of only one.
Non-standard car insurance policies are also treated differently by insurance companies:
- They usually have different billing fees if you go with a payment plan
- They have larger down payments at the time of new business
- Different coverage options
- Less optional/additional coverages available to be added to the policy
If you do get a non-standard car insurance policy it would be in your best interest to not do anything to add to your number of accidents or violations or do anything to decrease your credit score. If you do get worse in the car insurance company’s eyes they will DNR (Do Not Renew) your policy and you will end up in the assigned risk pool. The assigned risk pool is where the government forces insurance companies to take on a certain number of clients that are considered uninsurable. The rates in assigned risk are astronomical and will make you miss the rates you were paying in non-standard car insurance.