At first, it was almost 30 drivers a day; but now, just one month in that average is up to 36. This is not good news for Ontario speed demons, when they realize this is the number of drivers losing their licenses and vehicles because they've been charged under the tough new anti-street racing laws that came into effect on September 30th, 2007.

Drivers who put the petal to the metal and travel at extremely high speeds are feeling the heat--from the police that is. With 1,057 charges in a month, it seems that some drivers are not yet getting the message that extreme speeding (over 50km/hour over the posted limit) has serious consequences and that when caught will affect them immediately.

Since the new laws came into effect, police can and have been, charging drivers (including motorcyclists) with significantly stiffer penalties when caught participating in street racing, driving contests or stunt driving. The new penalties could include:
  • An immediate, seven-day licence suspension and seven-day vehicle impoundment
  • If convicted of street racing, a possible maximum fine of $10,000
  • For a second conviction, within 10 years of the first, a possible court-ordered licence suspension of up to 10 years
If speed demons remain fast and furious, at 36 drivers a day that means around 13,140 Ontario drivers a year might be wondering how these charges and penalties might affect their insurance rate.

Let's see what happens by comparing insurance quotes through Kanetix.ca

With the help of Kanetix.ca's auto insurance quote comparison service, we can create a scenario to see how a driver's car insurance rate might be affected.

Let's say you're a 30-year old driver in Toronto cruising around in your Toyota Corolla when you're pulled over by the police; they've clocked you doing 55 km per hour over the posted limit. The police tell you that they'll be revoking your licence for one week and that they'll be impounding your car.

Up until now, your driving record has been spotless, but with your upcoming auto insurance renewal you want to know what you might be in for. So first - just to see the difference - you enter your information into the Kanetix.ca auto insurance quote comparison service without the ticket and licence suspension you've just been handed. Then you modify your information to include your most accurate and up-to-date information.

The results: The quotes you obtained based on your true information is now significantly higher than those great rates you saw first time around. In fact, the lowest quote with the ticket and suspension is 148% higher than the lowest one you got with your previously spotless record!

The conclusion: Driving aggressively or speeding could cost you your licence, your vehicle, your money and possibly your life (or the life of another driver on the road.) This reality is only too common and is highlighted by recent high profile accidents where extreme speeding, or aggressive driving, was a factor.

Don't be a speed demon!

Give the Kanetix.ca auto insurance quote comparison service a try to see how much a conviction for extreme speeding and a licence suspension impacts your auto insurance rate. Visit www.kanetix.ca today to compare. Or better yet, if you know someone who drives like the person in our scenario get them to complete an online auto insurance quote. It's free, quick and anonymous, and allows everyone to see how much their actions might financially cost them.

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