No car owner should go around Canada driving without having purchased auto insurance.

In Ontario, for instance, the law requires all motorists to acquire auto insurance. Those who do not have auto insurance will be fined $5,000 to $50,000, and have to deal with driver licence suspension and impounding of the vehicle.

Once you are fined for a lack of insurance and finally decide to get one, you will have a hard time getting a good deal or even being sold insurance by companies.

Insurers will see you as a high-risk client, making the deal not worth it at all. The usual benefits one gets will be reduced or completely revoked. Matters will be worse if you were caught without insurance during an accident.

Not only will you have difficulty negotiating finances–your risk as a client in the future becomes higher. Therefore, getting auto insurance is not only necessary but practical for a Canadian motorist.

Looking for auto insurance

Once you have bought yourself a car, the first thing to do is buy insurance for it. Having a decent driving record and ample safety equipment installed can lower your premiums. Be sure to ask your insurance agent the right questions, particularly what is covered when a major accident occurs.

Being in contact with an agent or broker makes communication and sifting through the terms much easier. Ask your friends for specific recommendations of agents and their companies.

Do not risk delaying the insurance application and start driving your car without it. The price is not worth the risk and the consequences can be a terrible hassle.