Getting insurance as a high-risk driver can be a challenge. Keep reading to learn more about high-risk auto insurance. 

In Canada, auto insurance is mandatory for all registered vehicles. But if your insurance claim history is a little bumpier than average or your driving record has blemishes, finding an insurer isn’t always so straightforward. What is high-risk auto insurance and could you be a high-risk driver? We’re about to tell you everything you need to know.

What Makes Someone a High-Risk Driver?

The exact details of your insurance policy will vary, but some high-risk auto insurance coverage options may include:

  • Liability coverage
  • Collision insurance
  • Uninsured motorist insurance

You can learn more about high-risk auto insurance coverage here. 

With respect to costs, the quotes you get will ultimately depend on the decisions made by your insurer. But the general rule of thumb is that if you’re getting insurance as a high-risk driver, your insurance costs will likely be higher on a month-to-month basis.

How Can You Improve Your High-Risk Driver Status?

The good news is that you can work your way out of the high-risk driver category. If you’re able to make your payments on time, avoid picking up tickets, and keep your driving record clean, you can eventually establish a stellar reputation with your insurance company. Depending on your driving history and how you ended up becoming a high-risk driver, it may take a few years to get there. But with enough patience, you can eventually move towards a more standard auto insurance plan with all of the savings that are entailed.

Get High-Risk Auto Insurance That Works With Oracle RMS

Finding auto insurance isn’t easy in the best of times. But when you’re a high-risk driver, it can be difficult to find high-quality insurance at a reasonable rate. Here at Oracle RMS, our brokers have direct access to multiple insurers who may be able to approve you for a high-risk auto insurance policy. Contact us or request your FREE high-risk auto insurance quote today.