Purchasing an auto insurance policy is inevitable as it helps to ensure that your car as well as you are safe and secure in the event that anything untoward happens. If you happen to be a new resident of Ontario, you need to be aware that auto insurance in Ontario is mandatory and needs to be procured from any of the private companies that deal in insurance.
Auto insurance in Ontario is considered to be quite expensive. Below are some basic tips that will help you clinch the best bargain. Selecting the best auto insurance companies in Ontario can be a daunting task for anyone. The ideal move is to browse around and get quotes from various private companies. Study and compare the various quotes they offer you before you make your final decision.
You can use the following ways.
- Contact insurance agents directly
Agents are representatives of different insurance companies and provide you with the best quotes from the competitive insurance companies.
- Get in touch with an insurance company directly
This is one way to grab the best deals provided you have enough time to spend over this.
- Get online
All you need to do is visit the official site of the insurance company and fill in all your details. They come up with the best quotes various companies have to offer you depending on what your requirements are.
There are various factors that will help to lower the insurance premium rates in Ontario. Some of the following are factors insurance companies consider when calculating the same.
- Your experience in driving
It depends a lot on how long you have been driving around in Canada as your being a driver in any other country is not even counted.
It has been found that women drivers are offered lower auto insurance rates in Ontario as compared to men.
- The kind of vehicle
If your car happens to fall in the lower budget vehicles but at the same time has commendable safety ratings, there is a good chance for procuring low insurance rates.
You tend to clinch better deals if you happen to be older.
- Your history of driving
You can get more discounts if you have a clean driving slate with a fewer number of speeding tickets and accidents in your history.
- Tires suitable for winter
Ontario has passed a new law that permits drivers to get a dip in their insurance rates if you have been using tires suitable for winter throughout the winter season.
Lower insurance rates depend on where you are located as there seem to be more occurrences of accidents in more populated cities like Toronto compared to quieter towns.
There are other factors that are all part and parcel of the process, but hopefully, these tips have made it a little bit easier for you to get started.