Conning Research has made a study on the nonstandard car insurance market. Nonstandard generally refers to drivers that are considered as high-risk.
They have some interesting findings, including;
- Increasing use of technology in the insurance market gives car insurance companies the ability to track the actual risks of insuring motorists previously considered as high-risk.
This is causing the nonstandard market to make a dramatic shift in risk profile.
The end result for nonstandard motorists is good. As insurers are getting better at their ability to price risk in, the number of companies offering nonstandard insurance is increasing, causing competitive pressure on prices.
If you’re a nonstandard driver you may not be aware that you don’t have to search for a company that specializes in this area, most of the largest companies can provide you with a competitive quote.
Tags: Car Insurance, Car Insurance Companies, High-Risk, Nonstandard








Melanie