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On the Hunt for Discounts? Have We Got a Deal for You!

Dec. 24, 2019
4 mins
Happy couple in modern living room

Who doesn’t love to save money, especially at this time of year? As throngs of shoppers descend on the stores for sales this week, don’t overlook the discounts you can unwrap online when you compare auto insurance quotes. For real! Discounts are a great way to lower what you pay for your auto insurance coverage but only if you know about them. See how much you could be saving with these popular discounts:

Winter tire discount

Winter tires are a great way to tackle the season safely, and in Ontario, having them will ensure you get a discount, usually in the neighbourhood of about 5%. The Ontario auto insurance discount for winter tires is available from all insurers in the province.

There’s an Alberta auto insurance discount for winter tires too, but its availability will vary by insurer. If your provider doesn’t offer it, it’s time to shop around.

Multi-vehicle discount

Have a couple of cars parked in the driveway? Insure them all through the same company to get a multi-vehicle discount, usually between 10% and 25%.

Member discounts

Membership has its benefits. Your affiliation, or your spouse's, with a school, employer, or union could qualify you for a discount that may save you as much as 30%.

Multi-line discount

Insurers love to bundle policies! If you insure your home or condo with the same company that insures your vehicle, you'll usually save in the range of 15% to 20%.

Roadside assistance

A roadside assistance program has many perks and if you’ve ever been stranded at the side of the road you know this to be true. But did you also know it may qualify you for a discount that could be as much as 15%?

Telematics discount

Usage-based insurance (UBI) programs monitor a driver's driving habits to offer insurance discounts to good drivers. Many UBI programs offer a 5% rate reduction just for signing up, and they provide you with the opportunity to reduce premium by consistently demonstrating safe driving behaviours.

Ready to knock down your high insurance rate?

Fight the rising cost of auto insurance. We’ll help you find your best auto insurance rate from our network of 30+ car insurance companies.

Lesley Green

Lesley Green is a senior writer and editor at RATESDOTCA and has been a part of the team since 2002. During non-pandemic times she enjoys live theatre, travelling, curling and, depending on how well she's hitting the ball, golfing.

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