The providers that came out on top are Geico State Farm American Family Progressive Safe Auto Allstate and Safeco.
What is the cheapest car insurance for high risk drivers. The following is a complete list of high risk insurance companies in Ontario. You can expect to pay more than the average premium if an insurance company deems you a high-risk driver. However USAA coverage is not available to everyone.
How Much More Is High-Risk Auto Insurance. Depending on the insurance company that youre dealing with there are different things that label a driver as high risk. 53 rows You will have to pay more for high-risk driver auto insurance.
Best for Reconditioned Vehicles. Usually insurance companies use statistics to determine who the high-risk drivers are. A company that provides coverage to just a few high-risk drivers will generally charge you more than a company that specializes in providing insurance to high-risk drivers Gusner says.
Average rates range between 2500 to 5000 or more per year depending on the company and the reasons you are considered a high-risk. The cost of high-risk car insurance is considerably more expensive than a regular policy. High-risk auto insurance can be double triple or even higher than your regular insurance premiums would be.
Smaller cars and SUVs tend to be more affordable to insure in Canada. Some insurance providers will not cover. A major or criminal code conviction.
The average cost of high-risk car insurance is around 416 per month in Ontario. Spending the time to shop around is well worth it. While cheap car insurance is out of the question there are still ways that you can lower your premium as a high-risk driver.