It's no secret that most of us would like a few extra dollars in our pocket. In order to achieve that, we look to budgeting our money, shopping around to compare prices and avoid overspending where we don't have to overspend. At InsuranceHotline.com, we strive to help you save money on your car insurance and be your expert on all things insurance. Since car insurance is mandatory for all Canadian drivers, it's important to get the best rate available for your driving profile.
Here's the 411 on how to save over ONE THOUSAND dollars on your car insurance:
Shop around for car insurance quotes
You could save hundreds, even thousands on your car insurance, just by shopping around for insurance quotes. The average savings between the first and third quote received is $676!
Look for discounts
Discounts may include: installing an approved anti-theft device, good student discount and good driver discount. Ask your insurance company for a list of available discounts. For Example: $217 is the discount offered by one insurance company for a good driving record and the installation of an anti-theft device.
Increase the deductible
By increasing your deductible from $300 to $1,000, you could save up to $700.00!
- Bundle home insurance and car insurance with the same insurance company. You may receive up to 10% off your policy
- Change your commute distance to work
- Paying the insurance premium in full for the year
Read the full article here: How to save over $1,000 on car insurance.