Insurance Premiums


Driver Risk Premiums (DRP) are calculated over three years. Therefore, if you receive a Driver Risk Premium, you will have to pay it at least three years in a row. You will receive a Driver Risk Premium for any Criminal Code driving conviction including Impaired Driving, Dangerous Driving or Leaving the Scene of an Accident. You will also receive one for any Motor Vehicle Act Traffic Ticket that carries 10 points, Excessive Speeding or two or more Driving Suspensions (including 24 hour prohibitions).  This premium must be paid prior to renewing your insurance or your driver’s licence.  Also, premiums are payable even if you don’t own a car or buy insurance. Interest accumulates until the amount is paid.