High Risk Car Insurance Ontario

High Risk Car Insurance Ontario

High-risk auto insurance is a type of insurance for drivers who insurance companies have turned down due to various risk factors. If you are looking to get high-risk car insurance, you may have some questions about the coverage. Here, the team at Insurance Hero will provide answers to some frequently asked questions about high-risk car insurance Ontario.

What makes me a high-risk driver?

According to the auto Insurance Institute, you’re considered a high-risk driver if you’ve got history of traffic violations, collisions, speeding tickets, or a DUI/DWI conviction. Other reasons drivers can be classified as “high risk” include:

  • You have a gap in insurance.
  • You have a bad credit rating. 
  • You live in an area with a high rate of theft.
  • You’re a teen driver or a new behind the wheel. 

How much does high-risk car insurance cost?

The costs of high-risk auto insurance vary based on your conditions. The most reliable way to determine the cost of your high-risk auto insurance is to call us at 1 (855) 777 4376 to speak to an agent.

How does the high-risk driver auto insurance work?

When you request auto insurance, insurers will review your driving record to determine whether you’re a high-risk driver. Insurance companies are more concerned about covering the expenses that drivers are more likely to pay. If you’re a high-risk driver, you may only get insurance coverage for state liability. You may not be able to purchase additional insurance coverage’s like comprehensive and collision insurance.

How can I reduce the cost of high-risk auto insurance?

You can enroll in a driving course to reduce the cost of your auto insurance. Try to obey traffic laws and drive safely. Also, make sure your car is protected against auto vandalism and theft. Work to repair your credit score if you are in a high-risk car insurance group because you’ve had credit problems.

What types of cars are considered high-risk?

Most insurance companies see sports cars as high-risk because their drivers always get more traffic tickets. Vehicles that don’t have a good safety rating are also considered high-risk. If you drive a hybrid car, you may fall into this category.

Will I be regarded as a high-risk driver after going without a car?

It all depends on whether you’ve been involved in high-risk driving activities in the past or had a high-risk profile.

What is an SR22?

An SR22 is a form that insurance companies ask policyholders to fill out and submit to the state. It provides evidence that you have auto insurance that meets the state’s requirements.

How long will I be regarded as a high-risk driver?

This depends on your driving record and credit score. It will take you more time if you continue to cause accidents, get tickets, and stick to old habits. You should move out of the high-risk driver designation if you have a squeaky-clean record moving forward.

Still have more questions about high-risk car insurance in Ontario? Contact us today at 1 (855) 777 4376.

High Risk Car Insurance Ontario