Shop Around and Save on Auto Insurance
Auto insurance is sold in Ontario either through Insurance brokers, agents or direct writers.
- Brokers sell insurance for more than one company and provide you with price quotations from the companies that they represent. Dorey & Tolgyesi represent many of the largest and financially secure companies available.
- Agents sell insurance for only one company.
- Direct writers are companies that sell their insurance directly to consumers using a call centre instead of a sales force of agents.
Consider a policy with higher deductibles. Many consumers have remained with the standard deductible amounts of $300 or less. The Ontario government requires insurance companies to offer $300 and $500 deductibles for Direct Compensation-Property Damage Coverage, a $300 deductible for Comprehensive Coverage and a $500 deductible for the Collision coverage. You can ask for an even higher deductible. Raising it to $750 or $1000 may result in a lower insurance premium. Just be sure you can afford that deductible if you are in an accident.
Ask about discounts. Many insurers offer discounts for insuring multiple vehicles on the same policy. Many offer discounts for mature drivers. Some offer discounts if you install winter tires on your vehicle during the winter months. And most insurers offer a discount if you combine your personal property insurance or home insurance with your automobile policy. You should also ask if your current insurer provides discounts to reward your customer loyalty.
Check out defensive driving courses. Some insurers provide discounts for new drivers who have taken these courses.
Verify how you are using your vehicle. Are you still driving your vehicle to work, or are you using it only for pleasure? Insurers charge different premiums depending on the use of your vehicle and the distance travelled.
Finally, don’t switch insurance companies midway through the year. Wait until renewal time to avoid penalties for cancellation.
Request an Auto Insurance Quote Online
Please note: For multiple vehicles, please complete and send the form once for each vehicle.