Q. How are my auto premiums calculated?

In a nutshell, our insurance carrier’s determine the likelihood of you making a claim in the future. And they determine this likelihood by looking at a bunch of specific data and information about you and your risk. This information includes:

• Where you live and where your car is garaged, based your postal code
• Your Vehicle Identification Number (VIN), which includes the make, model and CLEAR rating of your vehicle
• Your age and sex
• Your driving and insurance history, experience, and record
• Your daily distance of your commute and annual KM

And when it comes to you choosing a deductible, you need to think about how much you can afford to pay if you have an accident. A lower deductible means you’ll pay less out-of-pocket at the time of settling a claim, however you may have a higher annual premium.