Tips on car insurance for good drivers

Ever wondered how to get car insurance for good drivers, and all the savings that come with it? Follow these tips to give your wallet a break. If you have a clean record or are reaching a certain point of maturity, you might be able to take advantage of some discounts. Don’t pass them up!


1. Car insurance for good drivers starts with safe driving

Many car insurance companies offer some kind of safe driving discount, but not all of them use the same formula. If you haven’t been in an accident or committed any traffic violations for two or more years, ask about a discount during your car insurance renewal. It’s like an annual chance to make sure you’re getting all of your applicable discounts.

Make sure that your insurance company is clear on the timeline for your safety streak, too—especially if your last accident was just a little more than two  years ago.


2. Check to see if you’re already getting discounts

You might already be getting discounts on your car insurance without even knowing it. Gain a better perspective on your current deal by checking to see what discounts you’re already receiving. And be sure to ask about the winter tire discount, because it’s been a provincial requirement for several years now.



3. Join a group for affinity discounts

Car insurance for good drivers can lead to better savings by joining a group such as CAA. They give you access to affinity group discounts, which can cut insurance premiums significantly. Check the value of those potential annual group discounts against the cost of the memberships to see the savings. Being a university graduate often entitles you to an alumni discount as well. Remember to ask!

This is one of the lesser-known pieces of auto insurance advice, but it can be well worth it if you’re thinking about buying a membership (usually worth the cost on its own).


4. Take advantage of multi-policy discounts

Holding multiple insurance policies with the same company can result in big discounts, even if you’re a tenant rather than a home owner. Check to see if you can save by insuring your home and automobile under one policy. You can list each other as the designated secondary driver for each other’s vehicles.

On the other side of the coin, you could try consolidating multiple auto policies under one roof. If you only need one vehicle then you could go down to one auto policy with joint car ownership on a single set of wheels.


5. Pay in full up-front

Insurance companies love policyholders who can pay in full and might even offer a discount if they can pay premiums in advance. If you have the means, it’s recommended you do so.

The reason is that your insurance companies actually view payment schedules as a minor risk factor in and of itself. Their internal data tells them that a certain number of clients will either default on payments or ask to switch to another provider throughout the calendar year, which means that they won’t get the entire year’s worth of income from every client. Paying your premiums on a monthly basis reflects that, so they’re willing to shave a bit off the price if you pay the entire year’s premiums at the outset.

It’s a show of good faith on your part and insurance companies will take that into account on your premiums. It’s a small factor but every little bit helps!


Car insurance for good drivers being awarded to someone with a safe record.


6. Look for a senior’s discount

Seniors enjoy discounts for various services, so why not car insurance? Elderly drivers are typically seen as being safer. If you’re approaching old age, ask your agent if they supply senior discounts—especially if you have a good driving record.

It’s a misconception that seniors are considered higher risks than middle-aged drivers. In fact, they often have lower rates because they don’t drive as much in retirement.


7. Retirement has its benefits

Inform your insurance company if you retire from the workforce. Since you’re not commuting every day, the chances of you getting into an accident take a statistical nosedive. Your premium could be lowered as a result, which is never a bad thing. Car insurance for good drivers gets even better when they don’t drive very much throughout the year!



8. Refresh your memory

Even if you’ve been driving for years, consider taking a safety refresher course to rebuff your skills. An insurance company might reward you for being committed to safe driving when it’s time to renew your policy, but you need to let the company know! Ask around with different insurance companies to see if they will offer discounts for that and compare them to yours.

Another underrated tip is to use claims counselling after an incident. Your rates can still rise due to an at-fault accident on your record if you cancel an auto insurance claim after filing one, so it always pays to get a broker’s opinion before filing anything.


9. Discover other discounts

Some insurers give rewards to people with special statuses. For example, you may qualify for a discount if you’re a military veteran or retired federal employee. Alumni discounts are the most common example and quite accessible. Be sure to ask about them, even if you’re not entirely sure if they’ll apply to you.

It never hurts!


10. Shop around

The best advice, of course, is to shop around for car insurance for good drivers. Put in the legwork and do some research. Don’t settle for a sub-par premium! This piece of auto insurance advice never gets old because your premium renews every year. Always take advantage.

There’s no need to pay more for your car insurance than necessary. If you have a good driving history and take your time to find the best rates, you can save a lot of money each year. Get a 5-minute online quote with us to see all of your applicable discounts automatically!

Seriously, what else can you do in 3 minutes?

Boil half an egg?

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