Ontario has the highest auto insurance rates in Canada, 45 per cent more than in Alberta, the second-most costly. Why are Ontarians paying so much for car insurance?

Many people who have great driving records could be getting a much lower rate.

The reason people pay so much for auto insurance is that they don’t know that lower rates are available. If you have a spotless driving record, there’s no reason you shouldn’t be paying the lowest price for auto insurance. Safe drivers should save more money on their insurance.

Car insurance liability coverage is mandatory for driving in Canada. Beyond that, there are options to consider for your ideal coverage.  Read these tips to learn how to lower your auto insurance costs.

1.   Research driving discount programs

There are rewards for good drivers with certain driving discount programs. Don’t settle for your current rate, contact your broker and ask if they offer a discount program that rewards good driving behaviour. Making that call could help you could save up to 25% off your car insurance premium.

2.   Choose your car wisely

The type of car you drive influences your auto insurance rates. Depending on the average cost of claims for that make and model, your insurance rates could go up. If you are buying a new car, check with the Vehicle Information Centre of Canada to see how your new car rates.

3.   Safe drivers save more

Your insurance premiums are affected by your driving record, so it pays to keep it clean.  Tickets and convictions have a negative effect on your insurance rates for up to three years, and accidents can affect your rates for much longer (6 years or more!).  Drive safe every day to keep your insurance rates low.

4.   Change the Deductible

A higher deductible can mean lower insurance quotes, especially on collision coverage. Scared off by the thought of having to pay more in the event of a claim? Truth is the collision deductible only applies in an at-fault accident. After a few years without an accident, the extra cost of the deductible could have been easily paid for by the savings on the premiums.