A celebrity likely toxic to insurance companies

Lyndsay Lohan the actress stressed that sits behind bars after a judge sentenced her to jail for violating her probation. But she will face more anxiety when she tries to get behind the wheel of a car after she was released from prison. Above all, the actress will have a tough time finding affordable AUTO INSURANCE rates - and she does not have many choices in auto insurance companies.

Experts in the insurance industry who have followed the case speculate that - based on your driving record - Lohan could have access to less than 10 percent of California companies that offer auto insurance coverage.

"Most companies, especially larger ones, or even touch it," predicts Peter Moraga, spokesman for the Insurance Information Network of California (IINC).LIFE INSURANCE

The IINC, a nonprofit organization dedicated to informing consumers about the company's property / casualty, says the risk of Lohan's behavior will impact your ability to buy insurance - auto, home, life and health .

IINC compiled a sample car insurance quote for 2009 Mercedes SL550 convertible Lohan based on your age, residence and driving record - consisting of two DUIs and one at-fault accident in recent years. With a clean driving record, Lohan would have access to 100 percent of insurers providing coverage car in California, says Moraga. Would pay about $ 2,075 every six months for a total coverage policy. However, his current record, the same policy that cost a whopping $ 7408.90 (over $ 14,000 a year).

"That's an increase of more than 350 percent, just because he made some bad decisions," says Moraga. "Also, keep in mind that a DUI stay on your DMV record of 10 years [in California]."
Lohan will have two options when it comes to car insurance. She will not be insured through the assigned risk poolor may choose to issue a "caution" as proof of financial responsibility - both of which cost much money.

In addition, Lohan probably will have trouble buying other types of insurance. This includes life insurance (DUI is a red flag for life insurance companies as well) and health insurance, and film producers have a difficult time buying a "sure fire" a rent.
"At this level, I would say that would be toxic to an insurance company," says Moraga. "The question is - when does it become uninsurable?"
However, Moraga said that many Hollywood stars have made a comeback after battling drugs and alcohol. Producers of the film had difficulty recruiting Robert Downey Jr. at one point due to his battle with alcohol and drugs made it difficult to ensure, on a movie set.

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