Some Easy Ways To Save Money On Your Car Insurance
One very important aspect of owning a car is making sure that it is insured. Having car insurance is mandated by law for a reason - accidents happen all the time and this is why every driver on Canadian roads needs to have proper car insurance in order to drive legally. But, just because you need car insurance does not mean that you should break the bank when paying your insurance rates as there are some things that you can do to lower the cost of your car insurance. In this blog, we will provide you with some easy ways that can save you a significant amount of money on your car insurance rates.
Make Sure To Have A Good Driving Record
It goes without saying that being a good driver pays off in the end. If you are a careful driver that does not collect speeding tickets, accident charges, distracted driving charges, or driving under the influence charges, then be prepared to significantly save on your car insurance rates. Why? Well, insurance companies deem good drivers to be low-risk on the road, and so they reward their clients who keep a good driving record with lower car insurance premiums.
Drive Less
It is a fact that individuals who work from home and drive occasionally pay significantly less for their car insurance compared to drivers that put on more kilometres as they commute long distances to and from work daily. If your job situation changes and you are working from home, be sure to inform your insurance broker as soon a s possible so that you can start saving on your car insurance rates immediately.
Drive A Safe Car
If your vehicle is well-maintained and has modern safety features on it, you can expect to pay less for your car insurance. This is because insurers look favourably on drivers who choose a car make or model that has a good safety record which can prevent significant losses when being involved in an accident.
Be 25 Or Older
When it comes to paying for car insurance, teens and adults under the age of 25 will pay more for their car insurance premiums. The reason for this is simple - with time you get more experience on the road and this means that insurers consider you lower risk compared to drivers under 25 years of age. If you keep a clean driving record in Ontario, your insurance rates will most likely drop again upon you reaching 40 and 50 years of age.
Live In A Small Town
Your insurance rates will be higher if you live in, for example, Toronto as compared to Orangeville. Why? Well, the rates of vandalism, theft, and the likelihood of being involved in a car accident is simply higher if you live in a large city. If you currently reside in a large city, be sure to equip your car with anti-theft security systems and park your car in a secure garage so that you can save money on your insurance rates.
Contact us today so that we can find insurance policies that will provide the best protection for you while being on the road and all your other unique insurance needs at very competitive rates.