Are You A High Risk Driver? Insurance For High Risk Drivers
How To Get Cheap Insurance For High Risk Drivers
High Risk Drivers
Have you been labelled a high risk driver? Hopefully not. Insurance for high risk drivers in Ontario can be extremely expensive.
But, after a couple accidents, tickets, or previous insurance issues, you could develop a poor driving record and find yourself in need of high risk auto insurance.
If you’re a high risk driver, using the best auto insurance companies for high risk drivers is paramount. It’s your best opportunity to lower your car insurance premium and get cheap insurance, considering your situation.
Here we define high risk drivers, outline the best approach to get cheap insurance for high risk drivers, and answer some of the most common questions about high risk driver insurance coverage.
What Are High Risk Drivers?
High risk drivers are people who have been deemed to be a greater risk to insurance companies.
A high risk driver, sometime referred to as an uninsurable driver, has a higher risk of getting into an accident, filing a claim, or even missing an insurance payment. High risk drivers pay higher auto insurance premiums. Insurance companies label drivers as high risk because of a poor driving record, tickets, accidents, lapse in coverage, and many other factors. If you are considered a high risk driver, you may have trouble getting car insurance. You may need to work with auto insurance companies for high risk drivers. Are You A High Risk Driver? What Makes You High Risk? A less than perfect driving record doesn’t mean you are considered high risk by insurers. Getting a ticket or being in a minor accident happen. While they could increase your rates, you won’t likely be labelled a high risk driver. However, when a couple tickets and/or accidents happen in a short period of time or if you are convicted of a more serious traffic offense, insurers categorize you differently.
It’s all based on your risk profile. You’ll be considered a high risk driver if your insurance company determines you are MORE likely to file an insurance claim. Factors That Can Get You Classified As A High Risk Driver High Risk Drivers In Ontario There are many situations where you could be labelled high risk or an uninsurable driver by your insurance provider : You’ve been in an at fault accident. You’ve receive multiple traffic tickets within the last 3 years. You’ve been convicted of a DUI. You’ve had your driver’s license suspended. You’ve had a lapse in insurance coverage or you’ve never had insurance before. You’ve filed multiple claims in a short period of time. How Long Are You Considered A High Risk Driver? High risk drivers can take a sigh of relief. It is not a permanent classification. It doesn’t last forever, as long as you take steps to improve your driving record. How long you will be considered high risk depends on the reason why you received the label : No insurance :
If you have never had insurance, or had a lapse in coverage, you can drop the high risk label by being insured consistently and paying your policy on time. Tickets : If you’ve had multiple tickets, you can get standard auto insurance again 3 years after the date of your first ticket. You also need to keep your driving record clean. Tickets typically stay on your insurance record for 3 years. Major traffic violation : If you’ve been charged with a major traffic violation, such as a DUI, it can take 5 years or more to clear your high risk status.
A high risk driver, sometime referred to as an uninsurable driver, has a higher risk of getting into an accident, filing a claim, or even missing an insurance payment. High risk drivers pay higher auto insurance premiums. Insurance companies label drivers as high risk because of a poor driving record, tickets, accidents, lapse in coverage, and many other factors. If you are considered a high risk driver, you may have trouble getting car insurance. You may need to work with auto insurance companies for high risk drivers. Are You A High Risk Driver? What Makes You High Risk? A less than perfect driving record doesn’t mean you are considered high risk by insurers. Getting a ticket or being in a minor accident happen. While they could increase your rates, you won’t likely be labelled a high risk driver. However, when a couple tickets and/or accidents happen in a short period of time or if you are convicted of a more serious traffic offense, insurers categorize you differently.
It’s all based on your risk profile. You’ll be considered a high risk driver if your insurance company determines you are MORE likely to file an insurance claim. Factors That Can Get You Classified As A High Risk Driver High Risk Drivers In Ontario There are many situations where you could be labelled high risk or an uninsurable driver by your insurance provider : You’ve been in an at fault accident. You’ve receive multiple traffic tickets within the last 3 years. You’ve been convicted of a DUI. You’ve had your driver’s license suspended. You’ve had a lapse in insurance coverage or you’ve never had insurance before. You’ve filed multiple claims in a short period of time. How Long Are You Considered A High Risk Driver? High risk drivers can take a sigh of relief. It is not a permanent classification. It doesn’t last forever, as long as you take steps to improve your driving record. How long you will be considered high risk depends on the reason why you received the label : No insurance :
If you have never had insurance, or had a lapse in coverage, you can drop the high risk label by being insured consistently and paying your policy on time. Tickets : If you’ve had multiple tickets, you can get standard auto insurance again 3 years after the date of your first ticket. You also need to keep your driving record clean. Tickets typically stay on your insurance record for 3 years. Major traffic violation : If you’ve been charged with a major traffic violation, such as a DUI, it can take 5 years or more to clear your high risk status.
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