Insurance companies take many things into account when they determine your car insurance rates. Some factors that may affect your car insurance are your car’s make and model, your gender, age and your insurance claims history.
Another important determining factor is your insurance history, specifically whether or not you have had any lapses in coverage, and whether you drove without insurance. A gap in coverage is any time you did not have insurance but had a valid driver’s license.
The Impact of Gaps In Car Insurance
Insurance companies use your insurance history to determine your risk profile. You may be considered a high-risk driver if you have periods without insurance coverage or if you were driving or were in an accident without insurance.
High-risk drivers pay more for insurance since they are considered a bigger liability to insure. Drivers may even be denied coverage unless they have an SR22 certificate of financial responsibility filing.