Need to share the details from your driver factor report? If you've already received your renewal reminder and want to see how your listed drivers will impact your renewal, you can estimate your insurance costs using In most cases, 75% of the Basic insurance premium will be based on the driver factor of the principal driver and the remaining 25% will be based on the driver factor of the listed driver with the highest risk. Up to two individual driver factors will be used to determine the combined factor of a policy. Every insurance policy will start with a base premium, which then increases or decreases depending on the policy's combined factor. This explains why a customer's individual driver factor and the policy's combined factor may not be the same. The resulting combined factor represents the collective risk of up to two listed drivers, as well as applied discounts, territory adjustments and other considerations. You'll be asked to list who drives your car. Get your driver factor report Combined factor If asked, you can choose to share a downloaded report with someone listing you as a driver. Your driver factor is just one component that's considered in your premium calculation. It also includes your status as a senior, if applicable. The driver factor report provides you with your driver factor and details the specifics of your own driving experience and relevant claim history. As you gain driving experience, and for each year you remain crash-free, your driver factor will improve. The driver factor reference point is 1.000 – a number lower than 1.000 represents a lower driving risk and a higher number represents a higher risk. The driver factor primarily looks at your driving experience and crash history, as well as whether you are a senior or new resident. The driver factor is a 3-decimal point number that represents your risk on the road.
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