Have you been labelled as a high risk driver in Calgary by your insurance company? Here are 3 common questions answered to give you a better idea of where you stand as a customer.
Why was I labelled as a high risk driver? In Alberta, we have a demerit point system. How this system works is simple: Each time you are found guilty of a dangerous driving habit, or each time you get into a car accident, the points accumulate. Different infractions are worth a different amount of points. After you've accumulated a certain number of points, insurance companies begin labeling you as a high-risk driver. In most cases, it happens before your license is suspended temporarily.
What can I do? At this point there is not much that you can do other than brush up on your driving skills and avoid partaking in dangerous driving habits. Keep in mind, however, that while your monthly insurance premiums will rise from now on, it is possible for you to lower your premiums. Raising your deductible is a perfectly viable option, although we don't recommend doing this unless you are absolutely certain that you can afford to pay your deductible. Another way for you to lower your premiums entails securing your car or installing a security system on it.
How long will I remain a high-risk driver? In Alberta, maintain a clean driving record for two years at least and you should be able to enjoy normal insurance premiums again.