You've heard the saying that Canadians drive more than Americans, but what you may not know is that we pay higher insurance premiums than our neighbors to the south. If you're thinking about lowering your car insurance bill by switching to another insurer or dropping coverage altogether, read on for some tips on how to save money on your premiums.
Get a good driving record.
To keep your insurance costs down, you'll want to make sure that you have a good driving record. This means keeping your car in good shape and not getting involved in accidents or speeding violations.
It's also important that you don't drink and drive or speed excessively—you could end up with an increased risk of accidents if this is the case! If possible, try not to get into any collisions at all as this will increase the chances of paying more for auto insurance coverage.
Pay more attention to your car's safety features.
There are a number of things you can do to keep your car’s insurance costs down. One of the most important is to make sure that your vehicle has good safety features, such as air bags and anti-lock brakes. You should also look for vehicles that have been well maintained by reputable mechanics and have a good history of reliability.
Buy used cars.
Buying used cars is one of the best ways to save money on auto insurance. Here are some things you should consider before buying a used car:
Check the history of the car. This will allow you to know if it has ever been in an accident or had any major repairs done, which may affect its resale value when it's time for you to sell it back into the market. If this isn't listed on your vehicle's paperwork, ask questions like: Where was this car last registered? When did they buy it? Was there anything wrong with their old car (e.g., water damage)? What kind of warranty does this particular manufacturer offer for their vehicles?
Check safety ratings and features by reading reviews online about similar models that already exist out there in real life so that no surprises later down road once purchased new from local dealer outlet store location nearest yours down south end neighborhood where majority population lives near busy street intersections where traffic gets congested during rush hour times throughout day hours due
Take up a defensive driving course.
Defensive driving courses are offered by most insurance companies, and can help you save money on your premiums.
What is a defensive driving course? A defensive driving course (also known as an "instruction" or "practice") is a series of lessons that teach you how to drive safely in different situations, including distracted driving and accidents. The goal of these lessons is to teach drivers how they should respond when they're behind the wheel—so that they're less likely to cause accidents or injuries.
What are the benefits of taking one? There are many benefits associated with taking a defensive driving course: it's free; it's easy; it takes just one hour per week; and there aren't any long-term effects on your insurance rate after completing one (as long as nothing else has changed since). You can also feel confident knowing that if something goes wrong while on the road during this time period, then any possible claims will still be covered by your policy for up until six months after completion date
Choose the right coverage.
When you're shopping for car insurance, it's important to choose the right coverage. You can save money by choosing a higher deductible and paying your premiums according to a set schedule rather than when they are due (which is called "annualizatio" in Canada). You also need to make sure that you have enough coverage so that if there is an accident with damage, it will be paid for by your insurer.
You should consider what type of policy would best fit your needs: liability or comprehensive; collision or comprehensive; uninsured motorist protection (UM); uninsured theft protection (UTP); injury benefits - bodily injury liability only(BIO), bodily injury liability & property damage combined BIIC-PDI).
There are plenty of ways to reduce your auto insurance premiums in Canada.
There are plenty of ways to reduce your auto insurance premiums in Canada. The first step is to take a good look at your driving record and make sure that you're not exceeding any of the speed limits on the road or driving too recklessly. If it turns out that you have been driving too fast, then ask yourself if there's anything else going on in your life that could be affecting how safe and responsible you are behind the wheel. Are there any other factors contributing to this behavior?
Are there any issues with other drivers in town? Maybe one person has been giving people fits by tailgating them at every stoplight. You should try talking with them about their driving habits and see if they're willing to change before someone gets hurt trying not only themselves but also others around them as well
We hope this article has helped you understand how to lower your auto insurance premiums in Canada.