You could get a ______ fine for not having insurance.

The correct answer indicates that failure to carry valid insurance can result in a significant financial penalty, specifically a $500 fine. In Ontario, it is mandatory for all drivers to have insurance coverage to protect themselves, other road users, and property. The law imposes monetary fines to deter individuals from driving uninsured, highlighting the importance of maintaining proper insurance. This penalty serves not only as a punishment but also emphasizes the necessity of adhering to driving regulations for overall road safety.

Other amounts, while they may seem plausible, do not reflect the established legal penalties associated with driving without insurance in this context. The specifics of the law communicate that $500 is the standard fine to educate drivers about the responsibilities that come with operating a vehicle.