Are you one of the 'lucky' consumers who have a great set of discounts with their current auto insurer? If so, then you must be paying the lowest premium out there, right?

Keeping your insurance rate low starts with keeping a clean driving record, which is free of tickets and accidents, and one of the best ways to do that is to practice safe driving habits. With summer finally here, it's especially important to stay smart and aware while on the road. School's out, kids are taking to the streets to play, and it's your duty as a driver to follow good driving practices.

The Financial Services Commission of Ontario (FSCO) is has clarified the use of an endorsement which can be added to your insurance policy.

The wording of your automobile policy in Ontario is standardized.Download the standard Ontario auto insurance policy here.

PoliceIf you are driving with an expired licence, and the police pull you over, they will fine you $325.Now, do you get to drive away? Maybe, maybe not.The police are required to "prevent the continuation of the offence" so they make ask you to call someone that can drive you...

Which convictions are minor, which are major, and which are criminal?

Police issued tickets and convictions will dramatically increase your car insurance rates, however, Photo Radar tickets have no affect on your auto insurance rates.

Is the fear of higher insurance rates influencing your decision on buying a new car?

These rates were based on a 35 year-old driver in Toronto (M5C 2C5) with 19 years license and insurance experience. Coverages are $1 million for liability, $500 collision deductible and $300 comprehensive deductible. 10,000 annual km with a commute distance of 5 km one-way to work. The vehicle was a 2001 Chrysler Intrepid 4 DR.

Insurers just announced another record profit of $4.2 billion dollars. Many feel they've made this money from the pocketbooks of the drivers, and not as a result of a return on their investments.