Are you a good driver in Toronto who never had an accident or ticket in years? If you are, it is good to know about you. However, you may still not get cheap car insurance in Toronto, Ontario. Additionally, you may wonder why your insurance company keeps on raising your car insurance premiums.
As a good driver, you deserve to get the best rates for car insurance in Toronto. In fact, you can find cheaper auto insurance rates in various ways. We have also dedicated this post to the same concern to help good drivers in Toronto get cheap car insurance.
How to Get Cheap Car Insurance as a Good Driver in Toronto
The following are various ways you can earn yourself cheap car insurance in Toronto:
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Take Advantage of Telematics
Using telematics or Usage Based Insurance, you can possibly earn yourself cheap car insurance. It entails downloading an app or installing a device in your vehicle to monitor your safe driving. In case you speed, hard brake, or hard corner in a few instances, telematics can reduce your car insurance rates. In fact, it can help you save 10% on car insurance if you have telematics installed in your vehicle.
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Make No Claim for Years
If you drive safely on the road each year with no accidents, you will reduce your car insurance rates. As a matter of fact, some car insurance providers reward drivers for driving accident-free for 6 to 20 years. If you are accident-free for 20 years, you surely deserve the best car insurance rates in Toronto, Ontario.
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Pay Your Bills on Time
The majority of people do not know that failing to pay their premiums on time increases car insurance rates. So, you should make sure you pay your bills on time to keep your car insurance rates low.
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Bundle the Policy with Home Insurance
Bundling is another way you can avail yourself of cheap car insurance in Toronto, Ontario. So, consider bundling your car insurance policy with home or renters insurance. Besides, it can help you save up to 10 to 20 percent on car insurance.
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Pay for the Coverage in Full
Paying for your annual insurance policy in Toronto in full can help you save 1.3% on auto insurance. Further, it can help you save up to 3% on your home insurance.
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Buy a New Car
Some car insurance providers offer discounts to customers who buy a new car. It depicts you presumably have good credit and are a responsible driver. So, buying a new car can also help you save on auto insurance, based on who you are buying car insurance from.
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Buy an Old Car
At times, it makes no sense to drive a new car, especially if you are a young driver. Additionally, you may not have the finances to afford a new car. This is where buying an old car and having only liability coverage can considerably reduce your car insurance rates.
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Live in a Low Risk Area
Where you live is one of the biggest factors that can impact your car insurance premiums. This is because urban or high-risk areas tend to have more accidents and auto insurance claims. By the same token, you should consider living in an area with a low risk for accidents. It can surely help you reduce your car insurance rates significantly.
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Shop Online
You can easily compare prices for car insurance online. Via your desktop computer or smartphone, you can compare car insurance rates of different providers. It is quick and easy; most importantly, it can help you save hundreds to even thousands of dollars. So, you should shop around online to eventually find and get cheap car insurance.
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Consider Winter Tires and Other Options to Get Discounts
Installing winter tires, remaining loyal to your current provider, short commutes, etc., can lower your car insurance rates. So, you should consider every option you have to earn yourself car insurance discounts.
These are various ways you can avail yourself of cheap car insurance in Toronto. Further, we recommend you get in touch with a car insurance agent or broker to help you get cheap car insurance.
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Conclusion
You may know you are a good driver but find it hard to get cheap car insurance in Toronto, Ontario. As a good driver, you certainly deserve to get the best rates for auto insurance. There are also ways you can get cheap car insurance in Toronto. To wrap up, we have reiterated them below:
- Take advantage of telematics.
- Make no claim for years.
- Pay your bills on time.
- Bundle the policy with home insurance.
- Pay for the coverage in full.
- Buy a new car.
- Buy an old car.
- Live in a low risk area.
- Shop online.
- Consider winter tires and other options to get discounts.
Media Contact:
Company name: Insurance Genie
Telephone: 1-416-508-7560
Website: https://insurancegenie.ca/
“Insurance Genie” is a company with a team of insurance underwriters. It can help you get the best insurance rate in Ontario based on your needs for insurance.
