Canada's Source for Cheap Auto Insurance

Home > Savings Guides > More Cheap Car Insurance Tips

More Cheap Car Insurance Tips

Posted on: 2011-01-29

These days every penny counts. Here's 5 more ways to save on Canadian auto insurance - Continued from Cheapest Auto Insurance Tips.

6. Inquire as to other discounts.

Different auto insurance companies give out discounts to customers who fit into select categories or profiles. These include discounts depending on your age, job, if you sign up on-line, how many miles you drive, and even if you are affiliated with a particular club or group. By simply asking you could save yourself some money.

7. Raise your deductible rate.

If you are able to increase deductible do so and you could then save more money long term. As your deductibles go up, your auto insurance costs will go down.

8. Rethink keeping collision coverage.

If you are driving a car that isn't very high in regards to its value level, then you may want to get rid of your collision coverage with your auto insurance plan. Find out how much your car is worth with your policy's deductible rate, and then compare that to what you are currently paying for collision.

9. After a move recheck your rates.

Auto insurance rates and premiums will vary not only from city to city but even between an urban, suburban, and rural community. If you have moved, or are planning to do so, compare the rates of the new location between various auto insurance companies.

10. Stay up to date.

Auto insurance rates change and vary annually, and to be certain that you pick the plan that is in your best interest and the cheapest, do a reassessment each year!

kanetix