Auto Insurance Tips: Best Ideas for Cheaper Car Insurance
Car insurance buying tips for all drivers
There are many little known car insurance tips and tricks that can help drivers lower their auto insurance bills. When searching for the best, cheap Canada car insurance, it makes sense to pay attention to the following auto insurance tips:
Your Driving History
Build a good driving history by driving safe and staying free of accidents/convictions.
Look for discounts. Numerous driver discounts are available in the insurance market and you should check to see if you qualify for any. Some common discounts are listed below however many sure you check your insurance provider/broker for all eligible discounts.
Driving Training Discount
Driver Training Discount are available for individuals who have completed a recognized driver-training program.
You may be eligible to a group discount through your employers, union or professional association.
Multi Vehicle Discount
Depending on how many vehicles you decide to register under a single insurance policy you may receive a 5-15% discount.
Multi Policy Discount
Insuring your car and home with the same company could allow you a discount of 3-5%.
Many insurance companies provide a loyalty discount if you have been with the company for a reasonable number of years and been free of at-fault accidents.
Be a comparison shopper and look around at a number of local insurance providers/brokers before you sign on to a policy. Different companies can provide different discounts depending on the individual. Compare cheap vehicle insurance quotes today!
Your Required Coverage
Analyze exactly how much coverage you need and only purchase that coverage. For example, if you have an older vehicle it may not be worth it to get comprehensive coverage on the vehicle and only minimal coverage may be necessary.
Choose a Higher Deductible?
Consider getting a higher deductible. This means paying more out of pocket in the event of an accident but also means lower premiums.
Make On Time Payments
Pay your premiums on time in order to ensure a valid, active policy at all times. If your policy is repeatedly canceled due to late payments other insurance companies may deem you a high-risk customer and you could end up paying higher rates for future insurance policies.
Your Vehicle Choice
Always keep in mind the possible cost of insurance when purchasing a vehicle. Vehicles with more safety features usually help reduce the cost of your policy.
Stick with One Insurance Company Through the Term of a Policy
Don't switch policies mid-way through a policy. This can help you avoid cancellation penalties.
Regardless of whether you live in a Government run auto insurance system like British Columbia, Manitoba and Saskatchewan, or a partially privatized insurance system like Quebec, or a fully privatized insurance system like those found in Alberta, Ontario, New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island, Yukon, Northwest Territories or Nunavut, these car insurance tips should help you get the best car insurance you can afford.