We’ll Help You Get The Cheapest Insurance Rates In Ontario
Car Insurance QuoteGet a cheap Ontario car insurance quote from one of our friendly insurance brokers and you could save big. They’ll quickly compare the cheapest auto insurance quotes so you’ll get the lowest rate.
They’ll provide savings advice and ask the right questions to make sure you get the best discounts possible. With ThinkInsure you’ll get the best price, lowest rates and coverage to meet your auto insurance needs. We can help you save on Car Insurance In Alberta also!
Car Insurance In Ontario
When you compare auto insurance quotes with us you can expect :
Expert Car Insurance Advice That Saves : ThinkInsure brokers are licensed and highly trained insurance experts. Our insurance brokers will quickly recommend ways for you to save with our many car insurance products and discounts we can offer through our large insurance company partner network.
Quickly Compare The Cheapest Quotes : We can quickly get you cheap insurance quotes from the best insurance companies, so you’ll get the best rates and coverage for your car insurance needs.
One Stop Shopping For Car Insurance : We can take care of ALL your car insurance needs — shopping for best quotes, providing expert advice, personalized service and much more!
Personal Service : All ThinkInsure customers get a dedicated personal service representative to take care of their insurance needs. We take pride in knowing our customers by name and by providing top level customer service.
“ I’m glad I called ThinkInsure to see if I could save on my car insurance. Denise asked me a few questions then quickly got me a bunch of quotes. She explained the differences in coverage and helped me pick the best one for my needs. She ended up saving me close to $400! ”
Margaret, Mississauga, Ontario
What Are Some Tips For Shopping For A Cheap Car Insurance Quote In Ontario?
Compare Cheap Car Insurance Quotes In Ontario
Working with the top insurance companies, we can get car insurance coverage for any Ontario driver. We understand that you are busy and don’t have hours upon hours to shop around for cheap auto insurance quotes. Let us do the shopping for you and help you get the lowest rates.
1. Shopping Around For Car Insurance Quotes Pays Off
Insurance rates for the same car and driver can vary widely between insurance providers. So when you shop around, you’ll get different rates for the exact same car and driver. That’s where a broker comes it. It’s a broker’s job to find and compare car insurance quotes based on you as a driver, your vehicle and the coverage you need.
2. Save Time – Let A Broker Compare Quotes For You
Licensed brokers have such a wealth of knowledge and a network of providers. A broker will use their knowledge to source insurance that meets your budget and needs.
3. Benefit From A Car Insurance Broker’s Expertise And Experience
As licensed professionals, insurance brokers continually update their education and knowledge. They provide unbiased advice based on your situation and their experience.
What’s Your Unique Driving Situation And Car Insurance Needs?
Speak to us. We’ll compare auto insurance quotes and make sure you get the best rates possible. Even though Ontario insurance rates are the highest rates in Canada, you can have peace of mind that our licensed car insurance brokers will get the cheapest rates and the best insurance coverage.
What Determines The Cost Of Auto Insurance Rates?
Auto Insurance Ontario
Many considerations determine car insurance rates across Ontario. Where you live, the car you drive and your driving experience are only some of the factors that impact your auto insurance rates.
Here are some of the key factors car insurance companies consider when determining the cost of a car insurance policy :
Your Driving Experience : How long have you been driving? What level of graduated license do you have? Your rates lower the longer you’ve been insured.
Your Age : Insurers see older drivers as lower risk – as you get older, you are more likely to be a more careful driver and you will qualify for additional car insurance discounts.
Your Gender : Studies show that women are less likely to be in accidents.
Your Driving Record : How is your driving record? Do you have recent tickets or claims? They can increase car insurance rates.
Your Car : What car do you drive – SUV or a sedan? How old is your car? How often does the car get stolen? How safe is the vehicle? Learn more about car related factors that impact car insurance costs what are the cheapest cars to insure.
Car Usage : Do you use your car to drive to work? How many kilometers do you drive annually? Do you use your car for business?
Where You Live : Insurers take where you live into consideration. If your neighbourhood has higher statistics for car theft and accidents, your insurance premiums will reflect the higher risk.
Your Car Insurance Coverage And Deductible Amount : The type of coverage you select will also impact your rates. Choosing comprehensive insurance coverage over basic coverage. Adjusting your deductible amount for collision insurance or comprehensive insurance will impact the cost of car insurance premium.
Save With The Best Car Insurance Companies In Ontario
We can get you coverage from the top car insurance companies in Canada and Ontario. With over 40 insurance partners we can compare the cheapest insurance quotes to save you money. Here some of the car insurance companies we work with :
Aviva, Chieftain, Coachman, Commonwell, Economical, Echelon, Intact, Jevco, Pafco, Pembridge, Perth, Travelers, Wawanesa, Western RSA, Unica
Learn more about the insurance companies that we work with.
High Risk Auto Insurance For Drivers Who Have Had Some Challenges
Has your car insurance company cancelled or not renewed your insurance policy? Are you considered a high risk driver because of ticket issues, accidents or payment challenges? Don’t worry, we can help!
We are high risk auto insurance experts and we work with all the Ontario high risk insurance companies. We’ll compare quotes to get you the cheapest rates and help you save as much as possible. We understand that being a high risk driving is challenging and expensive. Our experts will help you get your car insurance back on track and get you back into regular car insurance.
Car insurance is one of the biggest costs to owning a car, so you can save or cost yourself a lot of money depending on how you get yourself insured. We put together a number of tips that can help you save a little more, and if you put them all together you can immediately save yourself a lot.
Step 1: Review Your Policy
The quickest and easiest way to save on your insurance is to simply review your current insurance policy along with what’s going on in your life. There are a number of ways you can you can adjust your policy to save more.
1.1 Shop Around
This is the most important tip you will read in this guide. You should always shop around for car insurance – when you first get insurance, when your policy is up for renewal, and so on. There is never a reason not to, and in just a year enough can have changed in your situation to affect your rates. In addition, some companies offer discounts to attract or retain new customers so you should always be on the lookout for such deals.
Here are some tips for shopping around:
Check insurance comparison websites
Search for Ontario insurance companies that offer new customer discounts
Check with your company and see if they offer a loyalty discount to stay
Ask your insurance broker to see if he can find/offer you better rates
There’s no guarantee that you’ll find a company that can offer you a better deal, but there’s usually a good chance that you can and it doesn’t cost you anything to check.
1.2 Change Your Policy
You can always change parts of your insurance coverage that will save you money on your payments. Here are some examples:
Cancel Collision Coverage – not as necessary with older cars
Increase Your Deductible – the higher the deductible the lower your premiums/rates, but this will mean you have to pay more in the event of a crash
Minimal Coverage – only pay for what is required by Ontario law and nothing more
If you make these types of changes the benefit is that you are lowering your payments, but the drawback is you are also reducing your coverage for when you might need it. Depending on your preference, you might choose to drop or reduce some aspects while leaving the rest alone.
There are two ways that you can create insurance “bundles” to save the payments you make on each individual element.
The first is when you insure more than one car together on the same policy. So if you or your family have more than one car, you can save on the total insurance payments by having them bundled together on the same policy. The second is by combining multiple types of insurance. Most insurance companies offer savings when you bundle your car and home insurance on one policy, and some even offer additional bundling options for things like boats, jewelry, and more.
1.4 Annual vs. Monthly Payment
You can save a bit of money by paying for your insurance once per year rather than once per month. This helps the insurance company save on the administrative costs of billing you every month and a lot of the time they will pass the cost savings on to you. It means you will have to pay a larger amount all at once, but in the long run it can help you save as long as you have that money up front.
1.5 Update Your Record
Sometimes an insurance company will not automatically adjust your rates to match your up to date driving record, and will only do so when your policy needs to be renewed. This is why when you shop around other companies you can usually find a better rate – they are using your most up to date information. You can also occasionally try calling your company and bring up the following:
Clean Record – if they haven’t updated their record of your clean driving experience
Dropped Tickets & Accidents – after 3 years any accidents or traffic violations are dropped from your record and your rates can usually be lowered accordingly
Better License Level – if you obtained a higher driver’s license level in Ontario’s licensing program your rates are usually lowered
This is all dependent upon you keeping a clean driving record, and even then you won’t always get a reduced rate. That’s why you should always be willing to shop around other companies and see what options are available to you.
Useful Tip! There is an interactive map showing the average insurance rates in every postal zone in Ontario. You can use it to see if a neighbourhood you’re looking to move into has lower or higher rates.
Step 2: Look For Technology & Discounts
As technology advances, the insurance industry allows for customers to get discounts on their car insurance if they meet certain conditions. The discount might have its own cost if you have to buy into a technology to be eligible, but it might also save you more in the long run.
2.1 Winter Tires
As of January 1st 2016, the Ontario government passed a law mandating that insurance companies give drivers a discount on their insurance if they buy and install winter tires on their cars for the winter months. The discount is usually around 5% of your collision coverage, or $72 per vehicle per year, but you will not necessarily get this discount immediately. Some companies make you wait until your policy renews, so make sure you call your insurer to find out how they handle it.
2.2 Anti-Theft Device
If you have an anti-theft device installed on your car, it helps reduce the risk of your car being stolen and so most insurance companies will lower your rates accordingly. Some of the more common anti-theft devices include:
Engine Immobilizer – automatically prevents the engine from running when it detects the owner’s key is not being used to start it
Car Alarm – sounds a loud alarm when it detects an attempted theft
Steering Wheel Locks – prevents the steering wheel from being used properly
Some types of devices are better at preventing theft than others, and so they will provide better insurance discounts. You will need to provide proof of installation of the approved device to the insurance company to get a discount.
2.3 Dashboard Cameras
Dashboard camera, or “dashcams”, is a new technology that is becoming increasingly popular. The appeal is that if there is a dispute of who is at fault in an accident with no other witness, or the other party flees the scene, you have objective proof to fall back on. There is no mainstream or common discount from most insurance companies, at least not yet. There are some ways they can help lower your rates indirectly, however:
Reduce Insurance Fraud – this helps lower the overall insurance costs for everyone
Evidence of Fault – helps provide solid proof that you are not at-fault in an accident in the event of a dispute
Anti-Scams – helps you provide evidence to avoid being scammed by fake or set-up accidents
Future Discounts – if companies wind up offering discounts for the use of dashcams you will be ready
Because it is a newer technology, make sure you call your insurance company – or call other companies – to find out what policies they have in place. By the time you read this there might be discounts or lower rates available to for dashcam users.
2.4 Usage-Based Insurance
Usage-based insurance (UBI) is another new technology that is also becoming more popular where you pay your insurance based on when and how you drive. You install the necessary tracking device on your car and it, along with a GPS, monitors your driving behaviour. The data is examined when your policy is up for renewal, and usually looks at the following:
Distance – how much do you drive your car?
Driving Speed – do you stay within the limit of the road?
Usage – when during the day do you drive your car?
Driving Risk – are your driving habits safe?
Not all insurance companies offer UBI in Ontario, so ask around to see who does if you are interested. You don’t have to worry about your rates going up, as companies can only lower your rates if they find that you are a lower risk due to your driving habits.
Did You Know? Car theft affects the collective insurance costs of Canadian drivers, and that is why high-theft cars cost more to insure. 8 of the top 10 most stolen cars in Canada in 2015 were all SUVs, and the other 2 were pick-up trucks.
Step 3: Check Your Memberships & Affiliations
If you have certain memberships or affiliations with eligible organizations, you can either get a discount or get better quotes if you get your insurance through them.
3.1 Professional Associations
Some professional associations have benefits for their members including savings on car insurance. They usually have a partnership in place with a specific insurance provider, and sometimes include additional benefits like priority customer service. Some of the major professional associations who have such partnerships include:
Canadian Nurses Association
Professional Engineers Ontario
Chartered Professional Accountants Ontario
Ontario Bar Association
Make sure you talk to your association to find out just how cheap they can get insurance for you, and always shop around. You might still be able to get cheaper insurance and better discounts through other means.
3.2 Employers & Unions
Some employers will offer their employees savings or discounts to employees on their car insurance if you go through them, similar to professional associations and their members. The same tips apply for this as with associations: ask the organization how the insurance benefits work, and make sure to still shop around in case you can find a better deal elsewhere.
3.3 Alumni & Students
Many universities and colleges have partnerships with a major insurance company to provide cheaper car insurance to current students as well as alumni. They will usually offer other discounts if you bundle with home insurance, as well as priority customer service if you are contacting them for information or to make a claim. Call your school’s representative to find out what benefits you can get, and as always make sure you still compare their quotes in case you can save more money elsewhere.
3.4 Canadian Automobile Association
The Canadian Automobile Association (CAA) is a non-profit organization in Canada that provides a number of benefits to members, such as roadside assistance and travel services. CAA also provides car insurance, and offers its members additional savings as a benefit. It is a paid membership, and car insurance is an extra service that you would have to sign up for so make sure you still shop around.
Did You Know? There are over 100 licensed automobile insurance companies in Ontario, so there are a lot of options for you when you are shopping around!
Step 4: Plan Around Life Changes
There are a number of ways you can change your own life that will help lower your insurance payments. Most often they might just happen on their own accord and not because you wanted to get cheaper insurance, but if they happen you can take advantage of them.
4.1 Change Vehicles
What vehicle you have is one of the major factors in how much your insurance rates will be. So when you are thinking of changing vehicles and buying something different, keep the following in mind:
High Theft Models – some cars get stolen more than others and the cost to insure them is higher
Safety Ratings – cars that are safer reduce significant injuries and therefore lower insurance costs
Price – cars that are more expensive are also more expensive for insurance to replace if they are stolen or totalled
Cost of Repair – some brands and models are cheaper to repair or replace damaged parts than others
Many of the reasons why some cars are cheaper to insure than others is because for various reasons they are cheaper to repair or replace if they are stolen or damaged in an accident.
4.2 New home/parking
Where you live is one of the major factors in the cost of car insurance, so if you move to a new home that could impact your insurance rates – for better or for worse. Here are some factors to consider:
Neighbourhood – living in an area with higher or lower car theft rates
Parking – Secure, indoor and locked parking helps reduce the risk of theft
City vs. Country – there are more accidents living in Toronto or Mississauga than in smaller towns
When you move to a new home, make sure you call up your insurance provider and let them know about these circumstances so they can pass on any savings to you.
4.3 Different usage
If something happens in your life that changes how much you use your car it also impacts your insurance. This is because the less you drive your car the lower your insurance will be, so here are some common changes to consider:
New Job – if you get a new job that’s closer to where you live
New Home – if you move somewhere closer to your job
Different Commute – if you change your commute to use your car less, like carpooling or telecommuting
Alternative Transport – if you start using public transit or riding a bike to get around more than using your car
The reasons do not have to be centered on your work, but cars are mostly used for daily commutes so it has the largest potential impact on your usage. If you realize that for any reason you have started using your car less, report it to your insurance company and they are likely to reduce your rates.
4.4 Safe driving courses
This is more useful for new drivers who do not have much driving experience in the province. You can take certified driving courses that will help prove to the insurance companies that you are capable of driving in a safe manner and they will usually give you a discount.
If you want to save more money on your car insurance, there are a lot of potential ways for you to do so. They all center on reviewing your life, making some changes to your driving habits, and looking into potential discounts you can get. Most importantly of all, always remember to shop around and see your options because you can almost always find cheaper rates somewhere else. Good luck!