The #1 Destination for High Risk Car Insurance in Ontario
If you’re an unlucky driver with previous driving convictions, claims, tickets or license suspensions, Insurance Hero will find affordable insurance coverage that works for you. We won’t turn you away or hesitate to provide the best high-risk auto insurance Ontario companies have to offer.
Insuring your vehicle shouldn’t be a hassle or leave your wallet empty. Rely on us for expert advice, affordable insurance coverage and assistance when you need to make a claim any time of the day. We’re proud to serve drivers in all regions of Ontario!
Am I eligible for high-risk car insurance?
We can assist the following drivers find high risk car insurance in Ontario:
• Impaired or criminal related convictions
• Frequent claims or accidents
• Drivers with multiple tickets
• License suspensions
How do I know if I need high-risk auto insurance?
The only real way to know is to speak with an insurance provider. The insurance company will check your history and determine which category of auto insurance best suits you.
Depending on the severity of past driving factors, some insurance providers may choose not to take you on as a customer. The key is finding an insurance company that provides high-risk auto insurance.
Even if you’re deemed to be a high-risk driver, that doesn’t mean you have to settle for the first insurance price you’re given. It always makes sense to shop around for the best deal. You’ll find that Insurance Hero offers competitive rates for high-risk drivers.
Will I always be considered a high-risk driver?
That generally depends on how your driving record is from here on out. As long as you maintain a clean record, you can expect your auto insurance rates to go down over time. If you maintain a sound driving record for long enough, you’ll likely eventually lose your high-risk driver status. And that’s a great thing to lose!
At Insurance Hero, we’re firm believers in second chances. That’s why we are proud to offer our customers the high-risk auto insurance option. We’ve also happily seen many of our customers lose their high-risk driving status over the years. With Insurance Hero, your past isn’t the end. Today can be the first day of your very bright future.
What is considered high risk for car insurance in Ontario?
In Ontario, high-risk drivers are typically those who are more likely to file claims or have a history of risky driving behaviour. This can include:
- Drivers with a history of accidents: If you have been involved in multiple accidents, you may be considered a high-risk driver.
- Drivers with traffic violations: If you have received a lot of tickets for speeding, reckless driving, or other traffic violations, you may be considered a high-risk driver.
- Drivers with a DUI or other serious convictions: If you have been convicted of a DUI or other serious offences such as hit-and-run or driving without a licence, you may be considered a high-risk driver.
- Newly licenced drivers: New drivers are often considered high-risk because they lack driving experience.
What is a good driving record in Ontario?
In Ontario, a good driving record is one that is free of accidents, traffic violations, and convictions. Specifically, a good driving record typically includes:
- No at-fault accidents: This means that you have not been found responsible for causing an accident.
- No traffic violations: This includes things like speeding, running red lights or stop signs and reckless driving.
- No convictions: This includes criminal convictions related to driving, such as impaired driving, driving with a suspended licence or driving without insurance.
Maintaining a good driving record in Ontario may also involve taking a defensive driving course or completing a driver education program. By demonstrating that you are a safe and responsible driver, you may be able to qualify for lower car insurance rates and other benefits.
What makes you a high risk for insurance reasons?
Several factors can make you a high-risk driver for car insurance reasons. Some of the most common factors include:
- History of accidents: If you have been involved in multiple accidents or have been at fault in a serious accident, you may be considered high-risk.
- Traffic violations: You may be considered high-risk if you have a history of traffic violations such as speeding tickets or reckless driving.
- DUI or other serious convictions: You may be considered high-risk if you have been convicted of a DUI or other serious offences such as hit-and-run or driving without a licence.
- Inexperienced drivers: New drivers are often considered high-risk because they lack experience behind the wheel.
- Age: Younger and older drivers may be considered high-risk due to higher accident rates among these age groups.
Furthermore, insurance companies use different criteria to determine high-risk drivers. So, while one company may consider you a high-risk driver, another may not. Or, if you are a high-risk driver, you can probably find lower rates by comparing quotes. This is why shopping around for insurance can be highly beneficial.
Who do auto insurance companies see as the highest risk?
Auto insurance companies see several groups of people as the highest risk. As for the highest risk group, it would include drivers who have a history of accidents and traffic violations. This includes drivers who:
- Have been involved in multiple accidents or have a history of filing claims, and
- Who have a history of traffic violations such as speeding tickets, reckless driving, or driving under the influence (DUI).
Drivers with a history of accidents and traffic violations are considered high-risk because they are more likely to file insurance claims in the future. This means they are a greater financial risk to the insurance company, which often results in higher insurance premiums.
Here are some reasons why drivers with a history of accidents and traffic violations are considered high-risk:
- Higher likelihood of future accidents: Drivers who have been involved in accidents in the past are more likely to be involved in accidents in the future. This is because past behaviour is a good predictor of future behaviour.
- Poor driving habits: Drivers with a history of traffic violations such as speeding or reckless driving may have poor driving habits. This can make them more likely to be involved in accidents in the future.
- Increased risk of injury: Drivers involved in accidents may have a higher risk of injury in future accidents. This can result in higher medical costs for the insurance company.
- Higher likelihood of filing claims: Drivers who have a history of accidents or traffic violations are more likely to file insurance claims in the future. This means that they are a greater financial risk to the insurance company.
Another group that is seen as particularly high risk is young/new drivers. Young drivers, especially those under 25 years old, are often seen as high-risk by auto insurance companies because they have less driving experience and are statistically more likely than any other age group to be involved in accidents. Young drivers are also more likely to participate in risky behaviours such as speeding, distracted driving, and driving under the influence of drugs or alcohol.
For how long are you a high-risk driver in Ontario?
In Ontario, the length of time that you are considered a high-risk driver can vary depending on your driving history and your insurance company’s policies. Generally, high-risk drivers in Ontario can expect to pay higher insurance premiums for a period of three to six years after the incident that led to their high-risk status. This period is known as the “lookback period.”
During the lookback period, your insurance company may review your driving record and adjust your rates accordingly. Your rates may remain high if you have a history of accidents or traffic violations during this period. However, your rates may gradually decrease if you maintain a clean driving record and avoid further incidents.
Since different insurance companies have varying policies regarding high-risk drivers, it’s always best to check with your insurance advisor to help you understand how long you may be considered high-risk and what steps you can take to improve your driving record and potentially lower your insurance rates.
Contact a hero for advice or more information about high risk car insurance options. Let Insurance Hero help find your cost effective insurance policy with the right coverage. Call 1-866-467-4376 (HERO).
