What are the qualifications for purchasing a Good Driver Discount policy?

Criteria for a Good Driver Discount Policy

1. Being licensed to drive a motor vehicle for the previous 5 years and has not had more than one violation point count as determined by the CIC.

2. Being licensed to drive a motor vehicle for the previous 3 years and has not had more than two violation point count as determined by the CIC.

3. Being licensed to drive a motor vehicle for the previous 3 years and able to meet the standards of an insurer's applicable Good Driver program.

4. Being licensed to drive a motor vehicle for the previous 3 years and has not had more than one violation point count as determined by the CIC.

Final answer:

To be eligible for a Good Driver Discount policy, a person needs to meet one of four criteria based on their driving history and the standards set by the insurer.

Explanation:

In order to be qualified to purchase a Good Driver Discount policy, a person must meet certain criteria:

  1. Being licensed to drive a motor vehicle for the previous 5 years and has not had more than one violation point count as determined by the CIC.
  2. Being licensed to drive a motor vehicle for the previous 3 years and has not had more than two violation point count as determined by the CIC.
  3. Being licensed to drive a motor vehicle for the previous 3 years and able to meet the standards of an insurer's applicable Good Driver program.
  4. Being licensed to drive a motor vehicle for the previous 3 years and has not had more than one violation point count as determined by the CIC.
What are the qualifications for purchasing a Good Driver Discount policy? The qualifications for purchasing a Good Driver Discount policy include having a valid driver's license for a specified period of time and maintaining a clean driving record based on a certain point count determined by the CIC or meeting the standards of the insurer's Good Driver program.
← The tinsley company land exchange journal entries explained Obtaining additional capital for a sole proprietorship →

More Posts: