Car insurance providers don't charge the same rates to all drivers. If you are designated as being a high-risk driver, then you're likely to have to pay higher premiums.

While you may expect your auto insurance to cost more, this doesn't mean that you can't make some savings in other ways. How can you reduce your insurance costs here?

Work Out Why You're a High-Risk Customer

Auto insurance companies have various classifications for high-risk customers. For example, you may pay more if have a driving conviction, have received speeding tickets or have had an accident. Even if you're a model driver, you're often viewed as a higher risk if you're a new, young or even an older driver.

Before you sign up for coverage, it's worth working out why insurers classify you as a high-risk. In some cases, you may be able to negotiate lower costs by taking steps to reduce this risk.

So, for example, an insurer may charge you more because you've had a couple of accidents. If you take a defensive driving course, you can boost your driving skills and look like a safer bet. Or, if you're a teen driver, good grades and extra driver's education training can also lower premium costs with some companies.

Shortlist the Right Insurance Companies

Don't assume that all insurance companies charge the same rates for all high-risk drivers. Some providers may charge less than others in specific situations.

For example, if you have a poor credit history, then many standard insurance companies will up your premiums. However, some companies specialize in working with people with impaired credit. Their charges are likely to be cheaper.

So, shop around. Look for companies that have a track record of dealing with your risk factors.

Look For Other Discounts

Even if you're a high-risk driver, you should be able to find ways to cut your coverage costs. When you have a shortlist of providers, it's worth looking to see if they offer any discounts.

For example, it may be cheaper to apply for a policy online or to use a company that only works online. If you add security to your car, such as by keeping it in a garage or installing an alarm, then you could get an extra discount. Or you could save money by bundling your auto coverage with other types of insurance, like home or life coverage.

To find out more about your options, contact car insurance providers to see what's on offer.