Operating a vehicle or business in Ontario without valid insurance can lead to significant legal and financial consequences:

1. Legal Penalties

• Driving a vehicle without insurance can result in hefty fines, license suspensions, and even potential vehicle impoundment.

• Operating a business without the necessary coverage may violate lease or contractual agreements, leading to legal disputes.

2. Financial Risk

• If you’re found liable for damages or injuries, you could be personally responsible for settlement costs or legal fees.

• Lacking coverage can jeopardize both personal and business assets.

3. Loss of Reputation

• A history of uninsured operation may make it harder to obtain affordable insurance later.