Practical Ways Canadian Drivers can Lower Car Insurance Premiums

Car insurance is a necessary expense for every driver in Canada. It is a legal requirement to have car insurance to cover damages and injuries in case of an accident. 

However, the cost of insurance premiums can be a significant burden for many drivers. Fortunately, there are practical ways that Canadian drivers can lower their car insurance premiums without sacrificing coverage. 

1. Shop Around for Insurance Quotes

One of the most effective ways to lower car insurance premiums is to shop for insurance quotes. Insurance companies offer different rates based on age, driving history, and location.

If drivers compare quotes from various insurance providers, they can discover the most suitable rates for their situations. This can lead to substantial reductions in their insurance premiums.

2. Take Advantage of Discounts

Many insurance companies offer discounts for various reasons. For example, some insurers offer discounts for drivers who have completed a defensive driving course or those with multiple policies with the same company.

Additionally, some insurance companies offer discounts for drivers who have installed anti-theft devices or have a good driving record. By taking advantage of these discounts, drivers can lower their insurance premiums.

3. Increase Deductibles

Another way to lower car insurance premiums is to increase the deductible. The deductible is the amount the driver pays out of pocket before the insurance company covers the rest.

Drivers can reduce their insurance premiums by opting for a higher deductible, but it’s crucial to choose a deductible that they can still afford to pay if an accident occurs.

4. Choose a Car with Lower Insurance Rates

When buying a car, it is important to consider the insurance rates for that particular model. Different cars have different insurance rates based on factors such as safety ratings and the likelihood of theft. Drivers can save money on insurance premiums by choosing a car with lower insurance rates.

5. Drive Safely

One of the most significant factors that affect insurance premiums is driving history. Drivers with a history of accidents or traffic violations are considered high-risk drivers and are charged higher insurance premiums.

By driving safely, drivers can avoid accidents and traffic violations, which can result in lower insurance premiums. Additionally, some insurance companies offer rewards for safe driving through lower premiums or discounts.

6. Consider Usage-Based Insurance

Usage-based insurance is a relatively new type of insurance that uses technology to track a driver’s behaviour behind the wheel. This type of insurance can lower premiums for drivers who exhibit safe driving habits.

For example, some usage-based insurance programs offer discounts for drivers who do not speed or who do not drive during rush hour. This type of insurance is becoming increasingly popular in Canada and can be a cost-effective option for many drivers.


Having car insurance is crucial for any driver in Canada, but it can be quite expensive. Luckily, there are ways for Canadian drivers to reduce their insurance costs while still maintaining adequate coverage. 

By shopping around for quotes, taking advantage of discounts, increasing deductibles, choosing a car with lower insurance rates, driving safely, and considering usage-based insurance, drivers can save money on their car insurance premiums.

Secure your car and your pocket with Reliant Insurance. Get the best deals on car insurance in Sherwood Park today. Trust us to provide you with personalized service and competitive rates. Contact us and let our experts help you find the right coverage that fits your needs and budget.

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