Evaluate Rates With Good to Go Insurance
Good to Go Insurance is a company that runs its business on non-standard market and specializes on high-risk drivers. Unlike typical companies, it does not ask for many details in the application form; it does not put fine details such as credit history and DMV records into account.
Auto insurance companies see only three types of drivers: preferable, standard, and high-risk. They are different not only in terms of DMV records, but also premium rate with the last one pays the highest amount. For those who fall into the first two categories, it is easy to disregard the odds of becoming a high-risk driver; however, there is always the possibility for that.
Someone can fall from preferable/standard categories into the realm of high-risk due to various reasons for examples:
• A driver who has no auto insurance in the previous period. It also means that newly-licensed drivers are in the high-risk category.
• Young/Teen drivers because insurers often associate them with the lack of experience behind the wheel.
• Drivers with poor credit records. Insurance companies do not need customers who perhaps miss a payment or two.
• People with bad driving records. Most car insurance providers associate such drivers with the tendency to file claims often.
• Elderly drivers. With slower reflex and sometimes bad sense of sight/hearing, insurers must consider such drivers high-risk.
• Drivers who live in areas with high crime rates. Since the possibility of vandalism and theft is higher in such area, insurers need to charge a higher premium.
Despite all those perimeters, there is no national standard to determine whether a driver is preferable, standard, or high-risk. It all depends on state and insurers regulations; each state and every company has different rules for it. So if a driver is high-risk for a company, it does not always mean that the same driver is also high-risk for another company or if the driver lives in another state, he might not be high-risk there. There are two challenges that high-risk drivers must face:
1. The need to pay higher premium than their standard or preferable counterparts
2. The difficulties to get approval for auto insurance applications
It is almost impossible to avoid the first challenge, but there is a workaround for the second one: file the application to a non-standard market insurance company, and this is where Good to Go Insurance comes in.
While the data is still necessary for the application, they are not relevant factors to determine approval. Another good thing is that Good to Go Insurance has the license to sell and underwrite auto insurance policies in all states except Hawaii, Massachusetts, Alaska, Montana, and Rhode Island. Regardless of state’s standard for high-risk drivers, the company makes sure that all applicants get an easy approval. In some states where the company has no license to do service, it can refer applicants to one of its partners as follows:
• American Independent Insurance Company
• Bankers Independent Insurance Company
• Omni Insurance Company
• Omni Indemnity Company
• Personal Service Insurance Company
• Titan Insurance (a Nationwide Insurance company)
• The General
• Infinity Auto Insurance
With such a big network that consists of reputable insurers from all across the country, any high-risk driver should not find any difficulty in the application process with Good to Go Insurance regardless of location.
The Case with Teenage Drivers
When it comes to high-risk drivers, most people associate the label with a history of road accidents or recurrent traffic tickets. However, teenage drivers with no experience on the road at all can fall into the category as well. Some companies require teenage drivers to pay expensive premiums, while others may reject the applications in the first place. With Good to Go Auto Insurance, there is no denial of an application, and teenage drivers receive the same respectful treatments as others do. Even better, Go to Go Insurance offers discounts for teenagers who are still in school or college. The average discount is from 5% to 20% of the standard premium. Eligibility requirements include:
1. Must be between 16 and 25 years old
2. Maintain B average or higher
3. Provide a current copy of report card or transcript in application form
There is good reason why insurance companies think of teenage drivers as high-risk
CDC also suggests that at least 6 teenagers die every day from motor vehicle incidents. Teens between 16 and 19 years of age have three times higher chances to get into accidents than drivers aged 20 years and older. However, Good to Go Auto Insurance encourages teenage drivers to stay safe on the road with its Good Driver Discounts as well. The company requires drivers to install a small device on their vehicles to monitor several perimeters such as acceleration, deceleration, time of drive, and mileage. If the drivers fall within eligible criteria, there are discounts for them.
While Good to Go Insurance focuses on state’s minimum coverage requirements, it also offers the optional Comprehensive and Collision coverage. Those two are not mandatory by state, but sometimes they are necessary because the company that leases/finances the vehicle wants drivers to purchase the coverage. Collision coverage is the financial protection in case there are damages to the vehicles due to road accidents, regardless of who is at fault. Comprehensive is the complimentary coverage that covers damages due to non-accident causes such as theft, vandalism, animals, or natural disasters.
Find more information at Wikipedia regarding good to go insurance