Car insurance questions? Read our Frequently Asked Questions (FAQs) on auto insurance.

• Q.

• How can I keep my car insurance premiums as low as possible?

• A.
• The best way to keep your insurance premiums low is to be a safe driver. Drivers who have had no minor moving traffic violations in the past 3 years, no major or serious violations (or tickets) in the past 6 years, and no at fault accidents in the past 6 years typically receive better rates.

Go to Top

• Q.

• Am I getting all the discounts I am entitled to?

• A.

• Canada Insurance Shop offers a number of discounts to help you save money, including:

  • Multi-vehicle discount
  • Low mileage discount
  • Occupational discount
  • Driving experience discount
  • Hybrid vehicle discount
  • Anti-theft device discount
  • Conviction-free discount
  • Discounts for insuring your home and car(s) with Canada Insurance Shop

  …and more. Contact a licensed Insurance Broker approved by Canada Insurance Shop for more details.

Go to Top

• Q.

• Will I save money by choosing a higher deductible?

• A.

• Yes. A premium savings is available to policyholders who choose a higher deductible on Direct Compensation-Property Damage, Collision, Comprehensive, All Perils or Specified Perils coverages. Higher deductibles, combined with a good driving record, can result in a premium savings.

Go to Top

• Q.

• What factors affect my car insurance premium?

• A.

• Several factors can affect your auto insurance premium. Here are a few:

  • The type of car, model year and model
  • How you primarily use your car (pleasure driving only, commuting, work-related driving etc.)
  • Your driving experience (number of years licensed without having an at fault accident)
  • The number of drivers who use your car
  • The coverage you choose
  • How the car is protected (alarm or anti-theft device)
  • The territory in which you drive your car

Go to Top

• Q.

• Why should I purchase Collision insurance?

• A.

• Collison coverage compensates you for damage to your car should you be involved in an accident where you are deemed either entirely or partially responsible. Depending on your car’s age and residual value, you may opt to forego this coverage to reduce your premium. Contact a licensed Insurance Broker approved by Canada Insurance Shop to help you decide if this coverage is right for you.

Go to Top

• Q.

• Who should I notify if my personal, vehicle or banking information changes?

• A.

• If any changes occur to your personal information (name, address, driver information, banking details) or your car(s) insured with us, please contact a licensed Insurance Broker approved by Canada Insurance Shop. They will make any necessary changes to your insurance policy and advise you of applicable premium adjustments. Please note that it is important to report these changes as they may affect your insurance contract and possibly your qualifications for insurance.

Go to Top