Insurance providers charge high rates from certain drivers than the other drivers. These are generally referred to as high risk drivers and are required to pay more than the others.

Individuals who are classified as high risk drivers are

? Drivers with a bad driving record

? Teenagers

? Owners of high-priced or "muscle" cars

? Owners residing in high crime regions

If you are considered a high risk driver chances are that you will have to shell out a lot of money for your insurance. However there are ways to lower your insurance rates and save some money. With some careful research you will find that there are indeed plans that do not require you to pay as much as you would have expected to pay being a high risk driver.

Some methods that you can adopt in order to lower your interest rates are:

Hire an insurance agent and ask him to help you in lowering the rates. He will give you tips and also inform you about the companies in the locality that are offering affordable insurance to high risk drivers.

Pay all the fines and get in touch with the Department of Motor Vehicles to get your driving record cleared. This will assure the insurance companies that you will try to keep your driving record clean henceforth and will encourage them to give you policies at low rates.

It is best to use low risk cars to get low insurance rates. The cars that are equipped with anti-theft devices are generally termed as low risk and attract low rates as these have lesser chances of getting stolen.

Increasing your deductibles is a good way to bring down the insurance rates. When you raise the deductibles from $250 by a few hundred dollars, you end up saving a lot of money on your monthly premiums. However it is important that you be able to pay the amount at the time of making the claim for the company to settle your claim.

Enquire if there are any discounts that you may get. There are many kinds of discounts that are offered by the insurance companies including low-mileage discounts, driving training discounts and many more. This will help you save a lot of money.

One of the best ways to get the cheapest rates is by comparison shopping. You can go to a comparison website online and compare the rates of the different insurance companies. Insurance rates generally differ by hundreds of dollars and you can end up saving a big amount.

These tips work wonders to enable you to save good deal of money on your insurance.