outrageous insurance rates

by James
(Sudbury, Ontario)

I was pulled over and charged with driving while under suspension and thus dropped from my insurance company as of the end of my term. I have been shopping different companies since and am getting quotes in the $450 to $800 per month range, which are completely out of my financial reach, and since I drive a brand new car I am required to have full coverage. What are my options?


Shopping Around - High Rates


Hi James

The insurers view you as a high risk because you were willing to disregard the law by driving with a suspended license. The best you can do is shop around aggressively.

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Note: Always speak with a licensed insurance professional about your specific situation. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility.

Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind.  Make sure you review the "please read" page. Always speak with a licensed insurance professional about your specific situation.

Always speak with a licensed insurance representative about your specific situation.

This site is general in nature and there may be errors or ommissions

Please Read

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