High Risk Auto Insurance Ontario: What You Need to Know

What is High Risk Auto Insurance?

High risk auto insurance is a type of automobile insurance that is used for drivers who pose a greater risk to insurers than drivers with clean driving records. In Ontario, high risk drivers are often considered to be those who have been convicted of driving offences such as impaired driving, speeding and other traffic violations. High risk drivers may also include those who have had multiple at-fault accidents or those who have had their licenses suspended or revoked. It is important to note that high risk insurance is not the same as drivers who have been involved in accidents or traffic violations, but it is for drivers who have been convicted of a driving offence.

How Does High Risk Auto Insurance Work?

High risk auto insurance works in a similar way to standard auto insurance. Insurers set rates based on the risk associated with the driver and the likelihood of them filing a claim. High risk drivers will typically have higher premiums than drivers with clean driving records. The higher premiums are due to statistical data that shows that high risk drivers are more likely to file a claim than drivers with clean records.

What Does High Risk Insurance Cover?

High risk auto insurance covers the same things as standard insurance, such as third-party liability, collision, and comprehensive coverage. The coverage may vary depending on the insurer, but typically, high risk auto insurance will provide the same coverage as standard auto insurance policies.

Who Qualifies for High Risk Auto Insurance?

High risk auto insurance is typically offered to drivers who have been convicted of driving offences such as impaired driving, speeding, and other traffic violations. It is also offered to drivers who have had multiple at-fault accidents or those who have had their licenses suspended or revoked. Drivers who have been involved in an accident or received traffic tickets may also qualify for high risk auto insurance.

What Are the Benefits of High Risk Auto Insurance?

The benefits of high risk auto insurance are that it allows drivers with a higher risk profile to get coverage. This coverage can be beneficial for drivers who may not be able to get coverage from standard insurance providers. High risk auto insurance can also be beneficial for drivers who may want to keep their driving record clean and avoid higher premiums in the future.

Where Can I Get High Risk Auto Insurance?

High risk auto insurance is available from many insurance providers in Ontario. It is important to shop around and compare rates to find the best deal. It is also important to make sure that the insurance provider is reputable and offers good customer service. It is also important to look at the coverage options and make sure that they are suitable for the driver's needs. Many insurance providers also offer discounts for drivers who have taken defensive driving courses.