When we think of ‘small’ offences behind the wheel, we may think of speeding or failing to signal a lane change. Though they may not seem like the biggest deal, these “minor convictions” have a great effect on your car insurance premiums. With this in mind, nobody is a perfect driver. Mistakes do happen and sometimes, even the most experienced drivers slip up. So, how do you protect yourself when a mistake like this happens? This is where Minor Conviction protection comes into play. Let’s take a look at what it is and how this protection can safeguard you when you’re on the road.
What is considered a ‘minor conviction’?
Before we dive into how minor conviction coverage works, it’s important to first discuss about what constitutes a minor conviction. Essentially, a minor conviction is anything that is not significant enough to be considered a “major conviction” or “criminal conviction” such as distracted or impaired driving.
Some examples of minor convictions include:
- Speeding tickets up to 45km/h the posted speed limit
- Not wearing a seat belt
- Following the driver in front of you too closely
- Driving the wrong way on a one-way street
- Running a stop sign
- Blocking a bike lane
- Not signalling on a turn
- Having an obstructed licence plate
- Failing to give licence or proof of insurance when requested
- Not giving right-of-way to the entitled driver
Minor conviction protection coverage: What is it?
So, what exactly is Minor Conviction Protection coverage? Well, for the most part, it is exactly what it sounds like. It’s an add-on that is available from some insurance providers that will forgive you for your first minor conviction. This means that if a slip-up occurs, your insurance premiums will not be raised as a penalty. Since it is an add-on or ‘endorsement’, you should expect to be paying more for this coverage. It is important to keep in mind that after your first minor conviction, any other convictions will count towards your insurance premiums. This means your rates will likely increase.
Where is this type of protection available?
As of now, Minor Conviction Protection is only available in Ontario, Nova Scotia and Prince Edward Island.
What is the difference between Minor Conviction and Accident Forgiveness?
A common question regarding Minor Conviction Orotection coverage is what separates it from Accident Forgiveness coverage. Though they both offer drivers a second chance on their first offence, the terms and conditions differ. As a reminder, Minor Conviction Protection protects drivers from a rate hike after a minor driving infraction. Accident Forgiveness is an add-on offered by some insurers that guarantees your insurance rate won’t increase after an at-fault accident. Though they may not rise, you still may have to pay a deductible for vehicle repairs.
How do I get Minor Conviction Protection?
Unfortunately, not all insurance providers offer this type of coverage at this time. Those that do have a lot of strict eligibility requirements. Generally, insurers will look at your driver star rating to determine whether you qualify. In many cases, insurance companies will also require the driver to be risk-free for a certain amount of time, generally three to six years. Let’s take a look at a few of the isure-approved insurers that offer Minor Conviction Protection:
If you are in Ontario, you can always check your driving record to see if you are eligible for any of the above insurer requirements. Remember, feel free to reach out to an isure representative today if you have any questions regarding qualification.
How will this affect me as a driver?
If you’re considering MC Protection, it is important to note the limitations that come with it. For example, while one company may offer protection and forgive you for your first conviction, that forgiveness won’t follow you if you switch companies. This means that a new insurer will likely still count said minor conviction toward your star rating as a driver. When this happens, your premium will be affected. This can also occur if you move to a province that doesn’t offer minor conviction protection. To put it simply, your insurance provider at the time may have forgiven it, but your driving record has not.
Remember, when shopping for auto insurance it is always crucial to compare rates to see if other providers are willing to offer less. If you have any questions regarding your car insurance premium, contact us at isure or request a quote today!
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