Compare your options — One of the most effective ways to lower your car insurance premium is by comparing your options. By visiting a rate comparison site, such as Surex, Calgary motorists can readily compare rates from a number of Canada’s foremost insurance providers. Instead of automatically renewing your car insurance with your current provider, take a couple of minutes and see what else is available. Because rates can change regularly — and because your personal driving situation can change, too — it’s important to get a new quote every year before your renewal. A small drop in your monthly payment can go a long way over the course of a year.
Bundling discounts — Many Calgary drivers are also homeowners, and therefore hold multiple insurance policies. If you also own a home — or if you rent — speak with your dedicated insurance assistant about bundling your policies with the same insurer. Doing so can save you up to 10% on your home (or condo or tenant’s) insurance, and up to 15% on your vehicle insurance in Calgary. It’s also an easy way to sync your payments and streamline your finances.
Complete a Safe Driver Training — Successfully completing a driver’s education course is a smart thing to do for a number of reasons. First of all, it’s a great way to learn the rules of the road and reduce your chances of being involved in a motor vehicle accident in Calgary. It’s also an easy way to save money on your car insurance premium. For their first three years on the road, Safe Driver Training graduates in Calgary can expect a discount of up to $1,500 on their annual insurance premium.
Never miss payments — Insurance companies in Calgary love low-risk customers, and one of the easiest ways to show them that you're low-risk — in addition to driving safely and avoiding making claims — is by never missing a payment. Whether you automate payments through your bank account, or you provide your banking information to your insurer so they can withdraw monthly installments, the important thing to do is never miss a payment. Over time, your car insurance provider in Calgary will deem you a valuable, low-risk customer, and the price of your auto insurance premiums will reflect this.