Monthly insurance premiums can seem costly and unaffordable, however the financial ramifications associated with a conviction of driving without insurance are MUCH higher.The law states that, no owner of a motor vehicle shall operate, or permit another person to operate that vehicle without valid insurance. The charge of operating a motor vehicle without insurance is deemed an extremely serious offence and the penalties reflect that.A No Insurance conviction carries the highest minimum fines under the Ontario Highway Traffic Act. First time offences carry a minimum fine of $5,000. While subsequent convictions carry a penalty of not less than $10,000!If you are found guilty of driving without insurance the penalties are:
- For a first conviction – minimum $5,000 fine + 25% surcharge = $6,250
- For a second conviction – minimum $10,000 fine +25% surcharge = $12,500
If convicted you also face the potential suspension of your driver’s licence for up to one year.