Shop the insurance market

Many people have been with the same insurance provider for many years, simply accepting the coverage, and costs, as they are provided. Though coverage may be pretty standard from company to company, premium difference can vary. That’s why it’s important to shop around and get quotes from multiple insurance companies.

When looking for better rates there are a number of factors you may benefit from. For example, if you insure your home and automobile with the same company you may benefit from a multi-insurance discount. Some companies will offer a discount on both policies, a service that can save you up to 10 per cent overall.

You may also discover in your search for better rates that you are driving a vehicle that costs more to insure. If you’re planning on buying a new vehicle, be sure to get insurance quotes on the vehicle that you are planning on purchasing to give you a better idea of how much it will cost.

You can also save money by keeping a clean driving record. This means you’ll have to slow down and follow the speed limit, but speeding tickets are costly up front and can jack up your auto insurance premiums at the same time. Keeping a clean driving record can also result in a premium reduction for multiple “no-claim” years.

Don’t forget to ask about discounts and extras. Some companies offer multi-vehicle coverage, zero claims reductions and other extras like first claim forgiveness. These extras can help reduce your premiums and possibly your out-of-pocket expenses, too.

If you have an insurance claim to make for your vehicle repairs, bring it to Newmarket Auto Body at505 Kent Dr.inNewmarket, or call 905-898-7388 for more information about our services.