Written by-Wise Hensley

Auto insurance may seem like an annoyance when you don't need to use it, but if you get in an accident, you'll be incredibly relieved that you have it. However, car insurance quotes online ontario are created equal and you want to be sure your insurance company will give you what you pay for. Here are some tips for any auto insurance shopper.

Keep a running tab on car insurance rates every year. If you are diligent about checking your policy options with your carrier and others, you can save a lot of money on your premium. When you shop your insurance you can either find a more affordable company or prompt better savings from your current insurer.

People with clean driving records, will pay the least in auto insurance premiums. Keep your record clear of tickets, moving violations, and accident reports if you want to lower your premium or keep it inexpensive. A single accident or ticket will likely increase the amount you have to pay.

Saving money on auto insurance does not have to be a difficult thing, especially if you are loyal to the same company. Most policies are only for a term of around a year, so make sure you re-up with the same company. If you show loyalty to the insurer, you will be rewarded with lower monthly premium payments.

Your insurance premium will be dependent upon the brand of car, SUV, truck, ATV, boat or motorcycle you buy or lease. The mileage, make, model and year of the car will determine how much your insurance bill will be. If you like expensive things, your insurance will be expensive. If you want to save money on insurance, choose a safe, modest vehicle.

Adding value to your car is not a good thing, if you want to save money on your insurance policy. A nice stereo system, rims and tinted windows may look nice driving down the street, but this added value will be reflected in your monthly premiums. Keep it simple, if you want lower insurance payments.





Rental car policies vary, but most allow only an immediate relative, who is of age, to drive the rental car. Be sure to pay special attention to the rental contract as it will state who is allowed to drive the car. Some rental companies will require anyone driving to sign the agreement and provide their driver's license. It is also possible for the rental company to charge an additional fee for additional drivers.

In order to save money on car insurance, it is critical that you understand what level of insurance you need. If you are driving an older car, it might not be worth paying for comprehensive or collision coverage. The most your insurance company will pay for damage to the car is its current resale value. Find the current resale value of your car and check it against how much you could save over two or three years by switching to the minimum liability insurance. You could find that simply switching your coverage from collision to liability will save you hundreds of dollars!

Pay your insurance in full when it is due rather than paying it in monthly installments. Your insurance company may charge you more if you choose to pay monthly because of the convenience of it. If you have to, take out a small loan to avoid paying fees to the insurance company.

When you are making the final decision about your new auto insurance provider, you need to check out the company's payment plan option. Is your premium due monthly? What happens if you make a late payment? All of these answers could lead you to find another company with more lenient practices with respect to premium payments.

Perhaps you cannot afford to pay much for your auto insurance, but remember that it is a legal requirement to have insurance in order to drive a car. If you get pulled over and cannot prove that you have auto insurance, you will get a fine. Get an extremely cheap insurance if you need to.

Drive the speed limit, or at least don't get caught speeding. Speeding tickets and other traffic violations not only add up to an eventual loss of your license, they increase the cost of your auto insurance. Drive safely and you'll be in fewer accidents and pay out less for repairs, too.

You should not let your insurance coverage lapse. If you are not able to pay for your insurance policy in full, you should call and talk to an agent. If you allow the policy to lapse it is very possible that you will not have coverage should an accident take place. That is a big risk that can be avoided by making a simple phone call.

If you are going to be late on an auto insurance payment, call your agent. Your agent should be able to help you get an extension, or reschedule a payment, so that your credit rating does not go down. If you miss payments and lose coverage, you could be at a higher rate for a year or more.

Every state has specific legal requirements for minimum auto insurance. Property damage and bodily injury liability are the usual requirements. Ensuring that a driver's insurance meets these requirements is the driver's responsibility, not the insurance company's. Wise drivers research their local insurance laws and learn their legal minimums, to ensure that they get proper coverage.

When you go hunting for car insurance bargains, do not neglect your employer as a potential source of discounts. Many companies - even relatively small ones - have arrangements with insurers to get volume discounts for their employees. If your employer has such a program in place, you might realize significant savings by taking advantage of it.

When you are looking to purchase a new auto insurance policy ask each company if they offer a discount to seniors. Some companies offer a discount if you have a good driving record and are above the age of 65 If one company does not give a discount, it may be worth moving on to another who does.

There are various types of coverage in your auto insurance policy. One important one is collision coverage. This covers damage to your car up to its blue book value. However, it will carry a deductible. A lower deductible means a higher premium. Many lending institutions and leasing companies require this, even though it is usually optional.

When trying to settle your auto insurance claim don't just settle for the person who calls you first. If you don't like their offer, ask to speak to their supervisor, and their supervisor and so forth until you get the result you want. Since they don't want you complaining to your friends and family, you have a good bargaining chip.

When you use these tips to help cut your auto insurance costs, you should be able to stay with your current auto insurance provider. If find more do decide that it is worth your while to switch insurance companies and reap the savings as a new subscriber, be sure to use these tips to keep your costs down with them as well.