Car insurance is a requirement in Vancouver. While it is not a requirement to have homeowner’s insurance, it is advised as Vancouver sees its fair share of break-ins and other crimes. Most people do not realize that they could be saving themselves some money by looking at their insurance once a year. Here are some of the things that you should be looking at.
- Status Changes-If you have become a student within the last year, reached the age of being a senior citizen or have had any other status change, make sure that your insurance company knows about it. This can often lead to a discount that you did not have before.
- Make the Cut-Full coverage is not always required on all of your insurance needs. If you drive an old beater of a car, do not drive the car on blocks, or have nothing of high value in your home to insure, and then cut it out. If your car is older than 15 years old, has a few issues, unless it is a classic, opt for the mandatory insurance instead of full coverage so that you are not paying more than is necessary.
- Drive by the Book-Driving according to the law will give you a clean driving record. This will help give you a lower rate, better premiums, and more discounts. Some insurance companies have a telematics box that you can use to record your driving habits.
- Drive a Sensible Car-Instead of purchasing the first bright red 2012 Corvette you can find, consider a more sensible car that does not stand out so much. This will lower your insurance rate because it is less likely that you will cause accidents.
- Shop Around-If you find that no matter what you do, your insurance rate seems to increase each year, shop around for a new insurance company. You want the best quality you can get for the lowest rate, even if it means switching your insurance.