12 factors that affect car insurance rates
When calculating auto insurance rates, insurance providers consider many factors. How each detail affects your rate varies by insurance company, but you can generally expect them to ask you about the following common factors:
- Where you live (and work - if you drive to work)
- Make and model of vehicle
- Driving record
- Driving experience
- Past claims
- Annual mileage
- Prior insurance coverage
- Your deductible
- Local laws
- How you use your vehicle
- Marital status
How to spend less on Port Colborne auto insurance
No one wants to pay more than they have to for car insurance. Thankfully, there are several ways to reduce the cost of insurance. From increasing your deductible to making annual payments, check out this list of ways Port Colborne drivers can save money on auto insurance.
- Purchase car insurance for multiple vehicles together (savings of up to 20%)
- Bundle multiple insurance policies (home insurance, business insurance, etc…) together (savings of up to 15%)
- Purchase a hybrid or electric vehicle (savings of up to 10%)
- Increase your deductible
- Enrol in driving school (for young drivers)
- Invest in winter tires (savings of up to 5%)
- Pay auto insurance annually rather than monthly
Tips to improve your driving skills
If you’re new to driving, fear not! Like any skill, it takes practice to master. But with a little patience and dedication, you’ll be a cool, confident, and collected driver in no time. You can find a few tips to help you improve your driving skills below.
A good piece of advice for all drivers? Drive slowly. We’re not just talking about driving the speed limit. We also advise young drivers to take their time when braking, accelerating, and parking. The slower you drive, the less likely you are to get into an accident.
Attend driving school
One way to improve your driving skills is to receive formal instruction at a driving school. There are driving schools all over Ontario. Most schools will teach you the rules of the road in a classroom setting, followed by practical lessons in a car. Plus, attending driving school can lower your insurance premiums, which are typically highest for new drivers.
Leave extra space
Similar to how driving slowly can reduce your odds of getting into an accident, so too can leaving extra space between yourself and other vehicles. Aim to leave at least two car lengths between your vehicle and the one in front of you. This distance should be even greater when travelling at higher speeds or in poor weather conditions, when brake times may be delayed.
Save time and money
Why spend your valuable free time scouring the internet for car insurance, when you could be chilling with your family, binging a new tv show, or travelling with friends? When you choose to enlist the help of your local broker, they do the work for you. So while you’re relaxing, we’ll be working hard to find you the best possible car insurance within your budget.
There are several options to consider when purchasing car insurance. While certain elements of auto insurance are legally required, there are still some decisions you'll have to make. But don’t worry, because a BrokerLink insurance advisor is always available to walk you through the options. We make car insurance easy, saving you time and money within the process.
Get in touch
Are you ready to take the plunge and purchase car insurance? You’ve come to the right place.
Contact BrokerLink today to learn more about the auto insurance options available to Port Colborne drivers, or to receive a free car insurance quote.
Give us a call, visit us in person at one of our Ontario locations, or get in touch online.
We look forward to hearing from you!
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