Being labeled a "high-risk driver" can have some pretty far-reaching effects. You might have previously enjoyed a relatively affordable car insurance policy. However, after a string of car accidents, a driving-under-the-influence (DUI) conviction, or a series of other traffic-related offenses, it's hard to maintain your previous status. You are now considered to be a greater risk, and along with that description comes a spike in the cost of car insurance. You don't want to be without insurance because this could lead to other negative consequences. If your automobile insurance premium has gone through the roof, the following tips may be able to help you save more of your hard-earned cash.

Switch To A Different Vehicle

The difference in price between what you would pay as a "normal" driver as opposed to what happens when you join the high-risk list can be astronomical. This can be financially devastating because when you're already working with a slim budget, it's hard to find the extra money to cover such a pricey bill.

If this has happened to you, it's time to cut costs in any way that you possibly can. Your sports or luxury car might be a stunner on the road, but it could also be part of what is causing your insurance premium to be so high. Switching over to a more standardized vehicle with extra safety features could help you save a very handsome amount of money.

Work On Your Credit

It may not seem like there is much of a connection, but your credit score is often one of the major players in your total car insurance algorithm. Try to work as hard as you can to raise your credit score because having good credit paints you in a positive light to the insurance company and shows that you are responsible enough to take care of your debts.

Pay your bills on or before they are due, and if there are any discrepancies on your credit report, reach out to the credit bureau to see what you need to do to file a dispute to have the error removed.

Keep in mind that you don't have to be considered high-risk forever. Follow these steps, and hopefully, you'll be able to get your insurance payment down to an affordable level very soon.

To learn more about high-risk insurance and what it means for you, contact an auto insurance company in your area.