Get expert advice on tricky high risk insurance situations

KBD is a Canadian insurance broker insuring high risk home, car and business clients.

Find the right coverage as a “high risk” home, car or business insurance client.

Compare high risk insurance rates from leading insurance companies
High risk insurance products we provide
High risk home insurance

Homes can be considered “high risk” if they’re old, vacant, or located far from emergency services. Make sure you’re covered with the right insurance for your high risk property.

High risk auto insurance

So, you landed yourself in the high risk car insurance category? A history of accidents, claims, or driving a high risk vehicle can make you risky in the eyes of insurance companies.

High risk commercial insurance

Depending on the location, your industry or the number of employees, your business could be considered high risk.

KBD clients say it best

More than 600 5-star review on
Leah N.
“Great service, very easy and well explained procedures and information needed for insurance. Jordan was great to work with, and had excellent communication skills. 10/10 recommend.”
Shawn B.
“Greg is always making sure all my insurance needs are covered. Excellent service and very responsive.. thanks again!”
Nathan T.
“My first time ever getting insurance for a car and it was super simple. I spoke to Erika who was super nice and answered all my questions, and provided everything I needed!”
Brian B.
“Great experience. As a new to Quebec driver who just bought a car I got my insurance processed over the phone in less than 20 minutes. Very efficient, easy to understand and good coverage.”

High risk insurance client? Call us for a personalized quote

High risk insurance - FAQ

What is a high risk policy?

A high risk insurance policy is tailored to insurance clients who have a profile that makes them risky in the eyes of insurance companies. 

Basically, anytime an insurance company finds that you have a higher possibility of submitting a claim, you’ll be considered a high risk client, and your policy and rate will reflect that. 

We can help find insurance for clients with:

  • High claims frequency 
  • Cancelled non-payment 
  • Criminal record
  • Licence suspensions
  • Multiple mortgages on a property
  • Vacant buildings
  • Bar & club owners

Need an insurance quote?

Call us. 

How can I lower my high risk insurance?

So you’re looking for cheap high risk insurance? 

Tough break, but high risk and “cheap” don’t exactly go together. 

BUT if you do find yourself in the high risk category, there are a few tips that apply across the board to lower your home, car or business insurance rate. 

For example, you can:

  • Make upgrades to your business, home, or car
  • Install security systems 
  • Build up a good insurance history (and avoid making claims) 
  • Live & work in a low crime rate neighbourhood

Need an insurance quote?

Call us. 

How much does high risk insurance cost?

Simple answer? 

High risk insurance clients pay a higher-than-average premium across the board, from home, to car to business insurance. 

Why? 

Because statistically speaking, if you fall into the “high risk” or suboptimal insurance category, you have a higher chance of making a claim.

So insurance companies balance out the risk by charging higher premiums to insurance clients that fall into these categories. 

But since insurance rates are calculated based on several factors, you’ll need to get a quote to know how much you can expect to pay. 

Ready for a quote?

Call us. 

What makes you a high risk for insurance reasons?

So, what do insurance companies actually consider high risk?

It depends on the type of insurance you need, since each kind is calculated based on different factors. 

Here are a few things that can be considered to be strikes against you in home, car, and business insurance. 

  • Home: If your home is located in a high crime rate neighbourhood, is far from emergency services, or hasn’t been updated since it was built, it could be considered high risk. 
  • Car: If you have a tendency to get into accidents, have made frequent insurance claims, and/or are under 25 and male (sorry to break it to you), you might be seen as a high risk driver. Insurance companies look at age and gender when deciding insurance rates, and unfortunately, young guys are statistically more likely to make insurance claims. 
  • Business: As a business, you can’t always avoid being considered higher risk. Sometimes it’s based on the industry you’re in, and if there’s a high claims severity. Other factors include the neighbourhood you operate in, and if you have a large operation with a lot of employees. 

Basically, if your profile is less than optimal, you’ll pay a higher premium because you’ll be considered riskier to insure. 

Need insurance for your high risk property?

Call us. 

How to find a high risk insurance company in Canada?

Not all insurance companies accept high risk clients.

That’s because they have a higher chance of making claims – which translates to money lost. 

That said, you can find high risk insurance brokers and companies by doing a quick Google search, and giving them a call directly. 

OR you can work with a broker who can find you multiple quotes from high risk insurance companies willing to take you on board. 

For example, KBD insures high risk home, car and business clients in the provinces of Ontario and Quebec. 

Need a quote?

Call us. 

Why am I a high risk auto insurance client?

So, you landed yourself in the high risk car insurance category?

It’s definitely not an ideal spot to be, and you might end up paying a hefty car insurance premium for a while. 

Having said that, if you’re not totally clear on why you’re considered a high risk client, here are a few possible reasons:

  • You have a history of accidents & insurance claims
  • Your vehicle is considered high risk (you drive a motorcycle, for example)
  • Previous cancellation of your insurance 

Landing in the high risk insurance category can be very expensive. 

However, there are a few things that you can do to get back into insurance companies’ good graces. 

To start, you can build a clean driving history, avoid making insurance claims, and shop the market every year to find the lowest rates. 

After as little as two years, and with a clean driving record (plus a few other factors), you could rejoin the regular market. 

Need a high risk auto insurance quote?

Call us. 

Is my business considered high risk?

Certain businesses fall into the high risk category based on their industry. 

For example, most restaurants are considered high risk because they have an increased potential for fires and have a higher claims frequency when compared to other industries.

Here are a few of the factors that insurance companies consider when determining whether your company is high risk:

  • Your industry 
  • The number of employees
  • A high number of claims 
  • A high claims severity in your industry
  • If you do business in high crime rate neighbourhoods

Ready for a quote?

Call us. 

How to get high risk insurance quotes?

The best way to get an insurance quote as a “high risk” home, car or business client is by calling your insurance broker or company directly. 

This is because high risk insurance profiles are a bit more complex. 

They often have particular needs, and your insurance policy will have to be adjusted accordingly. 

That’s why it’s best to speak to your broker or company directly, so that they don’t miss any of the nuances of your insurance profile. 

Your insurance broker will also be able to give you personalized advice on the type of coverage you should get, plus tips to lower your rate based on your profile. 

Ready for an insurance quote?

Call us. 

How long does high risk insurance last?

It depends on how long you’re considered a high risk client. 

For example, if you’re in a high risk car insurance jail, you’ll want to get out as soon as possible to avoid the super high monthly rate. 

You can get back into insurance companies’ good graces (and low fees) within a year or two if you’re a model driver, and make some temporary downgrades to your car. 

On the other hand, as a “high risk” homeowner, you can make upgrades to your property, and choose a safe neighbourhood.

Finally, as a business, you can install security systems, and make sure you’re operating in a low crime rate area. 

If you want to know how to lower your rate, the best thing to do is give your insurance broker a call to assess your profile. 

Get in touch with KBD for high risk insurance quotes.

Call us. 

What is a high risk policy?

A high risk insurance policy is tailored to insurance clients who have a profile that makes them risky in the eyes of insurance companies. 

Basically, anytime an insurance company finds that you have a higher possibility of submitting a claim, you’ll be considered a high risk client, and your policy and rate will reflect that. 

We can help find insurance for clients with:

  • High claims frequency 
  • Cancelled non-payment 
  • Criminal record
  • Licence suspensions
  • Multiple mortgages on a property
  • Vacant buildings
  • Bar & club owners

Need an insurance quote?

Call us. 

Why am I a high risk auto insurance client?

So, you landed yourself in the high risk car insurance category?

It’s definitely not an ideal spot to be, and you might end up paying a hefty car insurance premium for a while. 

Having said that, if you’re not totally clear on why you’re considered a high risk client, here are a few possible reasons:

  • You have a history of accidents & insurance claims
  • Your vehicle is considered high risk (you drive a motorcycle, for example)
  • Previous cancellation of your insurance 

Landing in the high risk insurance category can be very expensive. 

However, there are a few things that you can do to get back into insurance companies’ good graces. 

To start, you can build a clean driving history, avoid making insurance claims, and shop the market every year to find the lowest rates. 

After as little as two years, and with a clean driving record (plus a few other factors), you could rejoin the regular market. 

Need a high risk auto insurance quote?

Call us. 

How can I lower my high risk insurance?

So you’re looking for cheap high risk insurance? 

Tough break, but high risk and “cheap” don’t exactly go together. 

BUT if you do find yourself in the high risk category, there are a few tips that apply across the board to lower your home, car or business insurance rate. 

For example, you can:

  • Make upgrades to your business, home, or car
  • Install security systems 
  • Build up a good insurance history (and avoid making claims) 
  • Live & work in a low crime rate neighbourhood

Need an insurance quote?

Call us. 

Is my business considered high risk?

Certain businesses fall into the high risk category based on their industry. 

For example, most restaurants are considered high risk because they have an increased potential for fires and have a higher claims frequency when compared to other industries.

Here are a few of the factors that insurance companies consider when determining whether your company is high risk:

  • Your industry 
  • The number of employees
  • A high number of claims 
  • A high claims severity in your industry
  • If you do business in high crime rate neighbourhoods

Ready for a quote?

Call us. 

How much does high risk insurance cost?

Simple answer? 

High risk insurance clients pay a higher-than-average premium across the board, from home, to car to business insurance. 

Why? 

Because statistically speaking, if you fall into the “high risk” or suboptimal insurance category, you have a higher chance of making a claim.

So insurance companies balance out the risk by charging higher premiums to insurance clients that fall into these categories. 

But since insurance rates are calculated based on several factors, you’ll need to get a quote to know how much you can expect to pay. 

Ready for a quote?

Call us. 

How to get high risk insurance quotes?

The best way to get an insurance quote as a “high risk” home, car or business client is by calling your insurance broker or company directly. 

This is because high risk insurance profiles are a bit more complex. 

They often have particular needs, and your insurance policy will have to be adjusted accordingly. 

That’s why it’s best to speak to your broker or company directly, so that they don’t miss any of the nuances of your insurance profile. 

Your insurance broker will also be able to give you personalized advice on the type of coverage you should get, plus tips to lower your rate based on your profile. 

Ready for an insurance quote?

Call us. 

What makes you a high risk for insurance reasons?

So, what do insurance companies actually consider high risk?

It depends on the type of insurance you need, since each kind is calculated based on different factors. 

Here are a few things that can be considered to be strikes against you in home, car, and business insurance. 

  • Home: If your home is located in a high crime rate neighbourhood, is far from emergency services, or hasn’t been updated since it was built, it could be considered high risk. 
  • Car: If you have a tendency to get into accidents, have made frequent insurance claims, and/or are under 25 and male (sorry to break it to you), you might be seen as a high risk driver. Insurance companies look at age and gender when deciding insurance rates, and unfortunately, young guys are statistically more likely to make insurance claims. 
  • Business: As a business, you can’t always avoid being considered higher risk. Sometimes it’s based on the industry you’re in, and if there’s a high claims severity. Other factors include the neighbourhood you operate in, and if you have a large operation with a lot of employees. 

Basically, if your profile is less than optimal, you’ll pay a higher premium because you’ll be considered riskier to insure. 

Need insurance for your high risk property?

Call us. 

How long does high risk insurance last?

It depends on how long you’re considered a high risk client. 

For example, if you’re in a high risk car insurance jail, you’ll want to get out as soon as possible to avoid the super high monthly rate. 

You can get back into insurance companies’ good graces (and low fees) within a year or two if you’re a model driver, and make some temporary downgrades to your car. 

On the other hand, as a “high risk” homeowner, you can make upgrades to your property, and choose a safe neighbourhood.

Finally, as a business, you can install security systems, and make sure you’re operating in a low crime rate area. 

If you want to know how to lower your rate, the best thing to do is give your insurance broker a call to assess your profile. 

Get in touch with KBD for high risk insurance quotes.

Call us. 

How to find a high risk insurance company in Canada?

Not all insurance companies accept high risk clients.

That’s because they have a higher chance of making claims – which translates to money lost. 

That said, you can find high risk insurance brokers and companies by doing a quick Google search, and giving them a call directly. 

OR you can work with a broker who can find you multiple quotes from high risk insurance companies willing to take you on board. 

For example, KBD insures high risk home, car and business clients in the provinces of Ontario and Quebec. 

Need a quote?

Call us. 

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