Easy Methods to Cut Costs on Ontario Auto Insurance

Searching for the most affordable Ontario auto insurance over the internet can seem to be challenging for beginners to comparison shopping online. With dozens of insurers available, how can consumers effectively compare every one to find the best pricing?

It's important to shop coverage around quite often since insurance rates are constantly changing. If you had the best price on your last policy you may be paying too much now. Ignore everything you know about auto insurance because you're about to learn the fastest and easiest way to lower your rates without sacrificing coverage.

Pricing affordable auto insurance coverage in Ontario is quite easy. Essentially anyone who has to buy auto insurance will be able to reduce their rates. Nevertheless, Oregon vehicle owners do need to know the way insurance companies market on the web and apply this information to your search.

Free Quotes for Auto Insurance in Ontario, Oregon

Most major insurance companies quote coverage price quotes on the web. Getting online quotes is fairly simple as you just type in your coverage information into the quote form. Behind the scenes, their system will obtain your driving record and credit report and generates pricing information based on many factors.

This streamlines rate comparisons, but the time it takes to visit a lot of sites and enter the same data into a form can be a bit repetitive. Unfortunately, it is important to get many rate quotes if you are searching for a lower rate.

There is an easier way!

A less time-consuming method to locate the lowest prices requires only one form that obtains quotes from many companies. It's a real time-saver, requires less work, and makes online quotes much more enjoyable and efficient. After sending your information, it is quoted and you are able to buy any or none of the returned quotes.

If a lower price is quoted, you simply finish the application and buy the policy. It takes 15 minutes at the most and can result in significant savings.

To quickly find out how much you're overpaying now, click here and begin entering your coverage information. If you currently have coverage, we recommend you copy the insurance coverages exactly as they are listed on your policy. This way, you will have a fair comparison based on similar coverages.

Tips to Get Lower Ontario Rates

It's important that you understand the different types of things that come into play when calculating auto insurance rates. When you know what positively or negatively determines base rates empowers consumers to make smart changes that may reward you with big savings.

More people means more accidents - Residing in less populated areas can be a good thing when buying auto insurance. Drivers who live in large cities have to deal with much more traffic and longer commute times. Less people living in that area means a lower chance of having an accident.
Men fork out a little more - Statistics have proven women tend to be less risk to insure than men. However, don't assume that women are BETTER drivers than men. They both cause accidents in similar percentages, but the males cause more damage and cost insurance companies more money. They also receive more costly citations like reckless driving and DUI.
More claims means more premium - Car insurance companies in Oregon award discounts to policyholders who do not file claims often. If you frequently file small claims, you can expect higher rates. Insurance coverage is intended to be relied upon for the bigger claims that can't be paid out-of-pocket.
More than one policy can earn a discount - The majority of insurers will give a discount to people who buy several policies from them, otherwise known as a multi-policy discount. If you currently are using one company, you still need to shop around to verify if the discount is saving money.
Rates may be higher depending on your occupation - Jobs such as lawyers, business owners and stock brokers have the highest rates because of job stress and lots of time spent at work. On the other hand, jobs such as pilots, students and the unemployed get better rates.

More discounts equal less premium

The price of auto insurance can be rather high, buy you may qualify for discounts that can drop the cost substantially. Larger premium reductions will be automatically applied when you complete an application, but less common discounts must be inquired about before they will apply.

Life Insurance - Larger companies have a break if you buy auto and life insurance together.
Senior Discount - Older drivers can possibly qualify for a small decrease in premiums.
Government Employees - Simply working for the federal government may qualify you for a discount with select insurance companies.
Bundle and Save - When you have multiple policies with the same insurance company you could get a discount of approximately 10% to 15%.
Claim Free - Drivers who don't have accidents can save substantially as compared to frequent claim filers.
Drive Less and Save - Keeping the miles down can earn discounted rates on garaged vehicles.
Accident Waiver - Some insurance companies will forgive one accident without raising rates as long as you don't have any claims for a particular time prior to the accident.

It's important to understand that most discount credits are not given to the overall cost of the policy. Most only cut individual premiums such as collision or personal injury protection. So even though they make it sound like having all the discounts means you get insurance for free, it doesn't quite work that way. Any qualifying discounts will help reduce your premiums.

For a list of companies with the best auto insurance discounts in Oregon, click here to view.

It's not one size fits all

When it comes to choosing the right insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that may help you determine if you would benefit from professional advice.

When does my teenage driver need to be added to my policy?
Should I put collision coverage on all my vehicles?
Am I covered if I drive in a foreign country?
Am I covered when driving in Canada or Mexico?
Are there companies who specialize in insuring high-risk drivers?
Is my vehicle covered for flood damage?
Does my policy cover me when driving someone else's vehicle?
Does my car insurance cover rental cars?

If you're not sure about those questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Additional auto insurance information can be found on the Oregon Insurance Division website located here. Oregon drivers can view agent and company licensing information, learn about insurance regulations, and download brochures.

Other useful links include Wikipedia and this page where you can research Ontario insurance agents.

Final considerations

When you buy insurance online, do not reduce needed coverages to save money. In many instances, drivers have reduced physical damage coverage only to discover later that the few dollars in savings costed them thousands. The ultimate goal is to purchase a proper amount of coverage at a price you can afford.

People who switch companies do it for a number of reasons such as delays in paying claims, denial of a claim, extreme rates for teen drivers and policy non-renewal. It doesn't matter why you want to switch choosing a new insurance company is not as hard as you think.

Low-cost auto insurance is definitely available on the web as well as from independent agents in Ontario, and you need to price shop both to get a complete price analysis. There are still a few companies who don't offer online quoting and most of the time these regional insurance providers sell through independent agents.