Best Auto Insurance for New Drivers in Ontario
Finding the best insurance for new drivers in Ontario can be a daunting task. As a young driver, it’s important to have the right insurance coverage to protect yourself and your vehicle on the road. At Regal Insurance Brokers, we put your needs first. Being a family owned and operated business since 1984, we will work with you to find the right auto insurance option for you and your family’s needs. When it comes time to hit the road, we will ensure you’re protected.
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Key factors to consider when searching for the best insurance for new drivers in Ontario:
- Insurance Rates
- Coverage Options
- Deductibles
- Customer Service
- Discounts
The best insurance for new drivers in Ontario may vary depending on individual circumstances. It’s essential to consider your specific needs, budget, and driving record when selecting an insurance provider. Taking the time to research and compare different options will ensure that you find the best insurance coverage for your needs as a new driver in Ontario.
One of the most important factors for young drivers is the insurance rates. Due to the higher risk associated with new drivers, insurance premiums can be quite expensive. However, some insurance companies offer special discounts and incentives for new drivers, so it’s essential to compare rates from different providers to find the best deal.
When choosing insurance for new drivers, it’s crucial to consider the coverage options available. Basic coverage typically includes liability insurance, which covers damages to other vehicles or property in an accident where you are at fault. However, additional coverage, such as collision and comprehensive insurance, may be necessary to protect your own vehicle.
The deductible is the amount you have to pay out of pocket before your insurance coverage kicks in. It’s important to choose a deductible that you can comfortably afford in case of an accident. Remember, a higher deductible usually results in lower insurance premiums, but you’ll have to pay more upfront in the event of a claim.
Good customer service is crucial if you ever have to make a claim. Look for insurers with a reputation for excellent customer service, prompt claims handling, and a hassle-free process. Reading reviews and seeking recommendations from friends and family can help you make an informed decision.
Many insurance companies offer discounts and incentives for new drivers. These can include good student discounts for maintaining high grades, driver training discounts for completing an approved driver’s education course, or discounts for installing a telematics device that monitors your driving habits.
Tips for young drivers to lower car insurance rates in Ontario
Build Insurance History
Adding a young driver to their parents’ car insurance plan can help you build up a positive history with the insurance company, which we can leverage to get a better rate when it comes time to go solo.
Positive Driving Record
Avoiding traffic violations and speeding tickets right out of the gate helps provide insurers with peace of mind, which can be beneficial once you’re ready to move ahead with your car insurance for young drivers purchase
Hit the Books!
Maintaining good grades in school can positively impact your potential young driver insurance rate!
Complete a Driver School Program
Having a government-approved Driver’s Education under your belt will help lower the initial cost of your auto insurance for young drivers. These programs are essential to young drivers, as they help instill good habits, and more importantly, don’t allow you to pick up any bad ones from older siblings or parents. Additionally, completing a Driver’s Ed course can save you upwards of 20% on your insurance premiums, making it a no-brainer.
Usage Based Car Insurance for Young Drivers (UBI)
This may be the best available option to you. It is an on-board technology which monitors your driving habits and adjusts your premiums based on how well you drive. With this option, you can drive the cost of your young drivers insurance premiums down over time simply by maintaining healthy road-habits and a clean driving record. Recent reports even indicate that using UBI as a service helps young drivers become more skilled and focused behind the wheel, citing that the added conscious thought of being a good driver as being the main reason for this.
Get Your Young Drivers Insurance Quote
The final step to take in order to receive the best available young drivers insurance rate is to connect with an expert. This is what we do. We’ve developed an in-depth network of connections in this industry to ensure we are able to provide you with the very best option, catered specifically to your unique situation.
For more information on how we can help, contact the Regal team at 1-800-516-6276 or chat with us online today.
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