Understanding High-Risk Insurance

High-risk insurance in Alberta, or any other jurisdiction, is designed to protect individuals and businesses that are considered more prone to accidents, claims, or losses than the average population. This increased risk can stem from various factors, including:

• Driving Record: A history of accidents, traffic violations, or DUI convictions can significantly elevate insurance premiums.
• Occupation: Certain professions, such as construction or trucking, are inherently riskier and may require specialized coverage.
• Medical Conditions: Pre-existing health conditions can impact health insurance costs.
• Lifestyle Factors: Activities like motorcycling or owning high-performance vehicles can increase insurance premiums.

Finding High-Risk Insurance in