Auto Insurance For High Risk Drivers Ontario

What Is High Risk Insurance?

High risk insurance is a type of auto insurance policy designed for drivers with a higher risk of being involved in an accident or filing a claim. Drivers who are considered high risk may have had a DUI conviction, multiple accidents, or may have a poor driving record. In Ontario, drivers who are considered high risk will have to obtain a special high risk insurance policy in order to be able to legally drive.

What Does High Risk Insurance Cover?

High risk auto insurance policies typically cover the same things as standard auto insurance policies. This includes liability coverage for bodily injury or property damage, uninsured/underinsured motorist coverage, comprehensive and collision coverage, and personal injury protection. Depending on the insurer, optional coverage may be available as well, such as roadside assistance and rental car reimbursement.

How Much Does High Risk Insurance Cost?

The cost of high risk insurance in Ontario can vary significantly depending on the driver’s driving record, the type of vehicle they are insuring, and the type of coverage they choose. Generally, high risk drivers will pay significantly higher premiums than those with a clean driving record. In some cases, the cost of high risk insurance can be more than double the cost of standard auto insurance.

How Can High Risk Drivers Find Affordable Insurance?

High risk drivers can take steps to find more affordable insurance in Ontario. One of the best ways is to shop around and compare quotes from different insurers. By doing this, drivers can find the coverage they need at the lowest possible price. Additionally, high risk drivers can take advantage of discounts and special programs, such as the Ontario Automobile Insurance Plan’s Safe Driver Program, which can help reduce their premium.

What Are the Alternatives to High Risk Insurance?

High risk drivers in Ontario have a few alternatives to traditional high risk auto insurance. One option is to take a defensive driving course, which can help reduce their premium and make them eligible for discounts. Another option is to purchase a usage-based insurance policy, which can help drivers save money by providing them with discounts based on their driving habits. Finally, drivers can purchase a non-standard auto insurance policy, which is designed for high risk drivers and typically offers lower premiums than traditional insurance.

Conclusion

High risk drivers in Ontario face higher premiums and fewer insurance options than drivers with a clean driving record. However, by shopping around and taking advantage of discounts and special programs, high risk drivers can often find more affordable auto insurance. Additionally, there are alternatives to traditional high risk insurance, such as defensive driving courses and usage-based insurance policies, which can help reduce premiums.