5 Ways to Get Affordable Car Insurance in Ontario

Raise your Deductible to Get Cheap Car Insurance

Raising your deductible is one of the quickest ways to lower your insurance rate. The deductible is the amount that you need to pay out of pocket for any expense that occur when making a claim. Keep in mind, car insurance helps you in the event of a major financial crisis, so don't pick a deductible you can't afford. If you raise your deductible, keep an emergency account that will cover that amount as a safety net.

Save on Car Insurance by Bundling your Policies

If you want to save money, it’s important that you take all your insurance policies and place the coverage through one carrier. In other words, bundle them. If you don’t, you are leaving money on the table. This may sound confusing but don’t worry, at Ensurco, our licensed advisors will assist you through the entire process.

Drive Less and Let Your Insurer Know

Your premium is based on a number of factors including the distance you drive to and from work and your overall annual mileage. If your commute to work and your annual kilometers travelled is less, you should notify us so that we can adjust your premiums downward. Working from home and not having to commute to the office for example, should impact your premiums in a positive way. This is because your risk of accident lowers the less time you spend on the road.

Pick a Car that Costs Less to Insure

For obvious reasons, the car you drive has a direct impact on the amount you pay for insurance. A sports car will be more to insure than a minivan. That's something to consider when buying a car. For reference, here are ten cars that are more likely to be less expensive to insure: Mazda 3, Volkswagen Jetta and Golf, Ford Fusion, Hyundai Accent and Elantra, Toyota Corolla and Camry, Honda CRV and Chevrolet Cruze.

See if You Qualify for Lifestyle Discounts

If you're an ‘A' student you could save up to 20%. As well, seniors with good driving records may be eligible for a lifestyle discount. If you drive an electric car, some insurers offer a discount. Connect with us, we’ll make sure you’re getting all applicable discounts!!