Attention customers of: Intact Insurance, including Prestige; Jevco Insurance and Novex Insurance: if you’re driving less, you could be eligible for premium relief. Visit our Alerts page for more information.

Blog Article

Insurance Myths: Inexpensive Car Means Lower Premiums | BrokerLink

Published on Oct 3, 2014 | Last updated Mar 1, 2021 1 minute read

If I drive an inexpensive car, my insurance premiums will be lower?

FALSE.

Insurance costs are based on multiple factors, including the policy holder’s driving record, their location and the type of vehicle.

Chart of Factors Influencing Car Insurance Price

To learn more information that’s specific to your situation, contact a BrokerLink broker.

View other Helpful Tips posts