Can you beat a car insurance rate of $104,566.63?

AGE: 19

GENDER: male

LICENCE SUSPENSION: 2

SPEEDING TICKETS: 10

ACCIDENTS: 2 minor "fender benders" and 1 rear-ender that totalled car

Let me see....Mr. Towers your annual premium will be $104,566.63.

Alberta introduced a new grid system in 2004 as part of a package of auto insurance reforms. There are three factors on the insurance rate grid: number of years of driving, accident claims and convictions. The insurance industry has opposed the grid so they refuse to cap rates which means outliers like Jason Towers either pay up or stop driving. It's hard to feel sorry for this kid because he is a bad driver but the industry's attitude is terrible.