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High-Risk Car Insurance

At Park Insurance, we understand that being passionate about performance cars shouldn’t come with an excessive price tag. That’s why we work closely with some of the most respected insurance providers in the UK to provide affordable, fair car insurance for high-risk drivers.

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What is high-risk car insurance?

High-risk car insurance is for drivers with driving convictions and points or a ban on their licence history. It also covers young or inexperienced drivers and those with performance cars. All of these factors can result in higher insurance premiums if you use the usual searches for car cover. Even third-party only can be prohibitively expensive unless your broker can source high-risk motor insurance from a specialist provider.


Who is high-risk car insurance for?

This type of insurance is for anyone whose driving history or vehicle choice puts them in a high-risk category. Age can be a determining factor, but so can the length of time you've held your licence or the power of the vehicle you're driving. For example, a sports car with a tuned V8 engine will be considered a higher insurance risk than a family runabout. This is down to the higher insurance bracket the vehicle falls into and the potential cost of repairs in the event of an accident.

What makes someone a high-risk driver?

You may fall into one of the categories for being a high-risk driver without even realising it.

Speeding violations

Even if you’ve only got a single speeding violation on your licence, it can put you in the high-risk category. If your speeding conviction resulted in points on your licence or even a ban, that will have an immediate effect when you come to renew your insurance.

Young drivers

Because of their age and inexperience, insurance providers regard young drivers as high-risk. So, the premiums on even the most basic third-party-only insurance will reflect this. According to the government’s website*, young drivers aged 17-24 are more likely to have an accident in the first two years of driving than older new drivers.

Senior drivers

At the other end of the scale, senior drivers (those over 70) are also seen as a statistical risk. This is mainly due to poorer eyesight and slower reactions. Most incidents involving senior drivers are at lower speeds but still account for an increasing proportion of road traffic incidents in the UK.

Drunk and drug driving convictions

If you have been convicted of driving under the influence of drink or drugs, you are immediately shifted into the high-risk category once you get your licence back. This can last for several years before you start to see your premiums decrease.

High-risk vehicles - How can your car put you into the high-risk category?

High-performance cars attract a higher insurance premium, but other factors can also affect how much you pay. Your location, how the vehicle is stored, and the model can all increase your premiums.

To counter this, adding extra security features (such as immobilisers) and ensuring the vehicle is kept in a locked garage can help reduce the cost of your car insurance.

What type of insurance policies are available for those classed as 'high-risk'?

High-risk insurance is provided in Preferred, Standard, High-Risk or Non-Standard tiers. High-risk or Non-Standard cover is provided in the usual Third Party, Third Party Fire and Theft, and Comprehensive categories, but the premiums in all groups will be higher.


What vehicles does high-risk car insurance cover?

Primarily, high-risk motor insurance is used for private vehicles rather than commercial vans, which have their own specialist insurance. Bear in mind that a hot hatch can easily fall into the same high-risk category as a sports car.

FAQs

How much does it cost?

The cost will depend on your age, location, the vehicle to be insured and your driving record.

How can I reduce my risk level?

Additional driver training with an approved provider such as RoSPA or the IAM can help reduce your risk factor. Adding security to your vehicle or storing it in a garage can also help. If you have points on your licence, they will eventually be removed, allowing you to start building up a clean driving record again and reduce your insurance costs in time.

Will my postcode put me at high risk?

If your area has a high level of vehicle theft, it can significantly affect your risk factor. Again, it’s a matter of using approved security measures (such as those recommended by testing agencies like Thatcham).


Talk to Park Insurance for affordable high-risk car insurance

We understand how financially difficult it can be to get high-risk driver insurance at a price you can afford. This is why we work with the UK’s most respected insurance providers to find high-risk motor insurance that is both effective and affordable.

Our team work with you to source the best car insurance for high-risk drivers by getting to know you and your individual situation. All you have to do is use our no-obligation online form to get a free quote or talk in confidence to one of our trained advisors today.

Get in touch

Give us a call on 0117 955 6835 or click on the button below and we will be happy to contact you to discuss your needs.

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