Yes, high-risk drivers in Ontario can switch insurance companies, but the process requires careful planning to avoid coverage gaps and potential penalties. High-risk status means you may face limited options and higher premiums, but it doesn’t lock you into a single insurer forever.

If you’re unhappy with your current policy’s cost, service, or coverage, you can explore quotes from other insurers that specialize in high-risk auto insurance. A licensed insurance broker in Mississauga, like Aaxel Insurance Brokers, can be invaluable in this process. They have access to multiple insurance markets, including specialty companies that are more flexible with high-risk profiles.

When switching, timing is important. You’ll want to align your new policy start date with the cancellation of your existing policy to ensure continuous protection. Some insurers charge a short-rate cancellation penalty if you cancel mid-term, so ask your broker to calculate whether the savings from switching outweigh the costs.

Also, your new insurer will still assess your driving record, claims history, and any license suspensions. If your risk profile improves over time—such as staying claims-free or completing a driver improvement course—your broker can help negotiate better terms.

Bottom line: High-risk drivers in Ontario are not locked into one insurer. By working with Aaxel Insurance Brokers, you can compare rates, avoid mistakes, and find a policy that fits your budget while you work toward rebuilding your driving record.