Ten Tips for Cheaper Car Insurance
Everyone could use cheaper car insurance. These are some ways I have read that are supposed to keep your costs down. The first method is to shop around for low prices. The second is to avoid cars with large engines such as sports cars because they have higher insurance costs.
The third is to look into different types of coverage. If it is only a little bit more for a full comprehensive plan it might save you money when an accident occurs. The fourth is to take a driver’s safety course. The fifth is to put another more experienced driver on your plan.
Six, don’t risk driving without insurance. It may save you money in the short term but once you get caught, your insurance costs will be insane not to mention all the fines from the police. The first offense for driving without insurance in Ontario is a fine of $5,000 to $25,000 and subsequent conviction means a fine of $10,000 to $50,000 with a possible license suspension up to one year.
Seven, make sure you sign up on an annual plan. The eighth is to avoid expensive modifications. The ninth is to keep track of your mileage so you do not have to estimate. The tenth is to raise the amount you are willing to pay in event of an accident.
I think these are all good suggestions but so many of them are unavoidable. If you’re lucky enough to inherit a sports car you can not do much with the second suggestion. But then again, if you get a free sports car, I guess you can afford to spend a little extra on insurance.