Did you get a car insurance non-renewal notice from Jevco because your driving record is too good?
Odd, isn’t it? A car insurance company that’s not willing to insure you because your driving record is too good. But, yes, that happens. And, that’s a good thing!
Getting cancelled due to a bad driving record
Regular insurance companies will cancel or non-renew your car insurance if you have a bad driving record. That could be due to a number of things like too many at-fault accidents, too many tickets, or serious convictions like Careless Driving or Impaired Driving. Most people expect this and find it normal. It sucks, but they get it.
These drivers end up getting their car insurance through an insurance company that specializes in insuring “high risk” drivers. There are a few high risk insurance companies in Ontario, like Jevco, Echelon, Coachman, and Pafco.
High Risk Insurance Companies non-renew when your record clears
So, when you get a non-renewal notice from an insurance company like Jevco because your driving record is too good, that seems to defy logic. But it’s what happens. And, like I said, that’s a good thing.
Being non-renewed by a high risk insurance company because your driving record is too good means that you’ll qualify for lower rates, often much lower rates, with a regular insurance company.
For our clients, we automatically offer to renew these policies with the lowest rates that we could find with another insurance company. If you’re insured with another brokerage and received a non-renewal notice, you can call us too. We want to try to find the best rate possible for you too!
