You know the importance of car insurance. However, it may be expensive for you to get car insurance if you are convicted of a criminal offense. Moreover, the cost will be higher if you committed an offensive related to driving in the past. In this case, we suggest that you consider insurance for convicted drivers. Let’s know more.
Convicted drivers and car insurance
For convicts, it’s hard to get car insurance. The reason is that insurance companies think that convicted drivers are a financial risk because these drivers are more likely to have an accident down the road. So, the chances of convicted drivers making a claim are higher.
There are some specialized insurance companies that offer insurance for drivers who were convicted of a criminal offence in the past. Many of them offer insurance to those who committed other violations, such as burglary. Some insurers provide coverage for those who break motoring laws as well. We suggest that you look for an insurance company that meets your financial needs.
Types of insurance for convicted drivers
If you need a basic insurance, we suggest that you take into account the third party insurance. However, you need to keep in mind that this insurance covers damages caused to the property of other people. And the damages may have an effect on the car or property. Moreover, the third party insurance won’t include damages to the vehicle or convicted driver.
Another type of insurance is Third Party, Fire and Theft. It provides protection with the convicted drivers in case of claims made by another driver or party. This will give you protection even if your car is destroyed or stolen.
The third type of insurance policy is known as comprehensive cover. This includes both of the types of insurance described above. Keep in mind that the policy will provide coverage for the cost of the car of a convicted driver if the car faces an accident because of the fault of the driver.
Reduction in premium costs
Once you have got the insurance policy, you may want to keep the insurance premiums low. You can do this in many ways. For instance, you can raise your excess which is the part of the insurance claim that will be paid by you. Make sure you don’t increase the excess too much or you won’t be able to bear the cost.
Another way of reducing the cost of the insurance is to drive less. Since the cost of premiums is based on the mileage of your car, you can keep the cost down by reducing the mileage.
The third way of reducing the cost is by keeping your vehicle safe and secured. For instance, you can keep your car in a garage. You can also consider an approved alarm if you can afford it. Aside from this, you can consider a black box policy to cut down on the insurance premiums. All you have to do is get a black box installed on your car.
Long story short, if you are a convict, we suggest that you consider a convicted car insurance policy.