Car Insurance in Canada

Before choosing a car insurance company do some research. To get the cheapest possible rate make sure you call few companies before you decide which insurance company you will join. Make a list of all questions you might have before you call and be ready to answer questions you will be asked. A lot of car insurance companies will try and sell you additional products, which you might not need, make sure you fully understand what these optional features are. If not sure ASK, remember, it's your job to ask questions and their job to answer them.

If you are asked a question and you are not sure if you have to answer it ASK. Be sure to visit companies listed below and compare quotes, car insurance can be expensive and you'll be surprised with results and different prices these companies will offer.

Here are examples of questions that you might be asked when getting your online quote:

• your name and full address
• how long at the residence
• number of claims in last 3 years (or even last 10 years)
• number of accidents in last 3 years (at fault or not)
• number of convictions (speeding or any other traffic violations)
• does the driver have 5 or more years of driving experience
• has the driver been found by a court to have committed automobile insurance fraud
• Will the car be rented or leased to others, or used to carry passengers or goods for compensation or hire, or haul a trailer, or carry explosives or radioactive material
• have you been refused to insure or your policy been cancelled in the last 3 years
• has your driver's licence been suspended or cancelled in the last 5 years
• What make is your car, year, model, approximate value and mileage
• your current driver's license class
• your occupational status
• your employment status

Another interesting thing here is that most (or some) insurance companies will raise your insurance costs each year. These increases may be small but may add up if you stick with one company for many years. So if you've been insured with same company for 5 or more years shop around - you may be surprised with savings some companies offer to their "new" clients. We also recommend you visit Insurance Hotline as they seem to be doing a good job finding you low rates.

Another few tips on how you can save on car insurance:

• Drivers training. Most insurance companies will offer discount if you prove that you have taken accredited driver training course.
• After receiving an initial quote, ask: what can you do lower to my rate? Ask for a discount. Worst can happen the insurance company will say there is nothing else they can do for you. At least at that point you'll know that's the best rate they can offer.
• Your deductible. Ah yes, rumours you heard about increasing or lowering your deductible are true. Ask your broker what the difference raising your deductible can make. You may be surprised with savings. Make sure you also ask them explain to you what raising your deductible means in case of making a claim.
• Shop around. Yes, spend some time and do your research.
• Keep a good driving record, in the end this will save you the most on your insurance.

Below is a listing of car insurance companies in Canada. Click the company's name to go directly to insurer's website.