If you have family or friends who have cheap auto insurance in Canada, you might think that they have acquaintances in the industry or they are just plain lucky˳ If you are thinking like that, you have yet to discover the real secrets to cheap auto insurance in Canada˳ Read on and see how you can save on your premiums˳
1˳ Compare the rates – Remember how consumers are always educated on shopping around before buying anything to get the best deal? We often shop around and compare prices before we buy our clothes, cars or even houses˳ However, when this comes to buying auto insurance, we would just pay whatever rates offered by insurance companies˳ This is because we often thought that the rates are same between companies˳ This is totally a false belief as the rates between companies can vary as much as $1000 sometimes! You will never get cheap auto insurance in Canada if you do not put any effort to compare the prices˳ Therefore, start going around and research the companies before you take up any policies˳
2˳ Raising deductibles – A deductible is the amount of the claim that we have to pay before our insurance company pays the rest if we are involved in an accident˳ We usually take the lower deductible because we do not want to pay so much when we file claims˳ However, when you opt for lower deductible, you will get higher premiums that cause you to pay more than the amount of a higher deductible˳ This is because we do not involve in accidents every single day˳ So why not pay higher deductible to save more money in the long run?
3˳ Be careful when you drive – Accidents are unavoidable but we can prevent it from happening˳ When you are involved in more accidents and get a lot of speeding tickets, all these go into your driving record and leave some bad marks there˳ When insurance companies review your application for auto insurance, they will look at your driving record first˳ If you do not have a clean driving record, it is hard for you to secure cheap auto insurance in Canada˳
4˳ Discounts – Get all the discounts that you are applicable for and cheap auto insurance in Canada is sure to be yours˳ Most of the time, insurance companies do not give out the discounts without you asking for them˳ If you know you are eligible for certain discounts like multi-policy discounts, open your mouth and ask from your insurance company or you will lost the chance to secure cheap auto insurance in Canada˳
Source by https://ezinearticles˳com/?Cheap-Auto-Insurance-in-Canada!&id=1347225
