Car Insurance Discounts

Your guide to some of the car insurance discounts that can save you money on your insurance premiums!

Car Insurance Discounts

If someone told you that you could save money on your car insurance without much effort wouldn't you jump on the opportunity? With car insurance discounts you can. Simply let the licenced insurance representative you're speaking with know of the circumstances that could result in discounts on your premium and you'll be on your way to saving money. To help you understand the type of discounts available we've listed the most common ones below.

  • Multi-policy Discount - Insuring your home and auto with the same company can result in a discount
  • Multi-vehicle Discount - Insuring more than one vehicle with the same company can result in a discount
  • Renewal Discount - Staying with the same insurance company for a certain period of time can result in a discount
  • Anti-Theft Discount - Having anti-theft devices (i.e. car immobilizer) in your vehicle can result in a discount
  • Winter Tires Discount - Installing winter tires on your car can result in a discount
  • Hybrid/Electric Car Discount - Owning a hybrid or electric car can result in a discount
  • Driver Training Course Discount - Being a new driver and completing a recognized driver training course can result in a discount
  • Low Mileage Discount - Using your vehicle infrequently can result in a discount
  • Good Student Discount - Being a student and maintaining a good grade point average can result in a discount
  • Good Driver Discount - Maintaining a clear driving record over an extended period of time can result in a discount
  • Group Discount - Belonging to a certain group, defined as an employee of a certain company, or member of a professional or non-profit association can result in a discount
  • Retiree Discount - Being retired with no employment income while meeting certain other conditions (i.e. age) can result in a discount

Please note that not all insurance companies offer these discounts. It is important to shop around and compare quotes to make sure you're getting the best possible deal on your auto insurance policy.

Not ready to shop for insurance today?

Let us know your renewal date and we’ll let you know the best time to shop the market for the cheapest car insurance rates.

Latest Articles

Bank of Canada’s Rate-Hold Streak to Continue

If you’ve got a floating-rate mortgage, don’t expect changes to your interest rate when the Bank of Canada meets Wednesday ... Read more

Car Accidents in Parking Lots: Who Is at Fault?

Get the lowdown on how a collision or fender-bender in a parking lot can affect your auto insurance rate. Read more

Sacrificing Personalized Mortgage Advice…For a Price

People like talking to people for mortgage recommendations. They always have.But here’s something that we didn’t realize until now. Read more

High Debt Loads Holding People Back

Despite the efforts many Canadians are making to dig themselves out of debt, roughly a quarter say their situation remains ... Read more