Multiple Policies = Multiple Discounts
If you have all of your vehicles and your homeowners policies all with the same broker or better yet all with the same company you will receive preferential discounting and rating from insurers. Some companies offer discounts as high as 15% for having your home & auto all insured with them and as much as 22.5% for having more than one vehicle insured with them.
Keep it Clean - Good drivers are rewarded
If you don’t have an convictions (speeding, seat belt tickets, etc.) you will get preferential rating and avoid surcharges for convictions.
Raise your deductible
Most companies will give you a discount for raising your deductible, take into account your threshold for paying out of pocket for an accident. If you are willing to pay $1000 to fix your own vehicle after you have been in an accident, then set you collision deductible at $1000. However if you do not feel you could afford this then keep your deductibles at an affordable amount.
Where do you work?
Some insurance companies will provide discounts pending on where you work or what you do for a living.
Closer to work = lower premiums
If you drive a short distance to work or do not drive to work at all, you could be eligible for better insurance rates. Typically if someone is driving less than 5 km one way to work they will pay less for car insurance than some one driving 15 – 20 km one way to work.
Living in the City has its perks but so does Rural living
In most cases it is less expensive for auto insurance in the rural areas of Nova Scotia than it is in the urban areas like Halifax.
Keep it between the Pipes
We all know the best way to get good auto insurance rates is to keep it on the road! No accidents means claims free discounts and better ratings which all leads to lower premiums. With that said it is not a bad idea to buy Accident Forgiveness on your auto policy, after all they are called ‘Accidents’!