DUI Car Insurance
I am working on getting my vehicle repaired after my accident and impaired charge/conviction. It has now been just over a year since the accident and I am eligible for the new program in Ontario which would allow me a reduced suspension if I can install an ignition interlock device in a vehicle and have it insured. Unfortunately for me, the cost of fixing my vehicle is going to be about $8,000.00. Of course, I could just get rid of the vehicle for scrap but the problem is I have another 4 years of a loan to pay off on it. Because of an impaired conviction, the insurance company that I had will not cover the damages to the vehicle or the loan.
I contacted my insurance broker to get a quote on what it would cost me to get insurance. He recommended that I call “Easy Insurance” at 866-388-3034 or Powell Insurance at 888-378-2223.
My first call was to Easy Insurance and I spoke with a broker there.
Their best rate that they could give me was $6,105.00 per year or $524.02 per month.
Not a very nice prospect. When they tell you that an Impaired Conviction will cost you, they are not kidding.
I called Powell Insurance however they had no brokers available at the time so they will call me back with a quote. When I get it, I’ll update this post.
If you’re convicted of an alcohol related driving offense, you can count on your car insurance skyrocketing – perhaps to unaffordable levels for several years if you live anywhere in North America. In Ontario, a convicted driver must go through what is called “Facility” insurance in order to be covered at a cost of upwards of 10,000 dollars a year.
Some insurance companies will simply refuse to insure you if you have a dui conviction and will cancel the insurance on your car. In the US, States will require that you have a SR-22 Certificate which is basically proof of future financial responsibility and that you have car insurance after a dui and getting your license back.
If you’re convicted of a dui and were in an accident, most insurance companies will refuse to pay for repairs for any damages to your vehicle. Have a loan on that car and it’s written off? You’re still stuck with the loan and you have nothing to show for it. Some insurance companies won’t even pay injury benefits if you were in an accident while driving impaired, although some jurisdictions require insurance companies to provide some personal injury coverage. But you likely won’t get other accident benefits such as loss of income.
A DUI charge will definitely affect your car insurance in ways you probably can’t imagine and you will have regrets for years. The simple solution? Don’t drink and drive.