These policies are unique because ride-share drivers are in a unique position. You use your personal vehicle for business purposes, blurring the lines between commercial and personal auto insurance coverage. Ride-share insurance was created to fill that gap. To learn more about insurance for Uber drivers and similar ride-sharing programs, visit our ride-share insurance page here.
This is what I did 10 years ago when I was in my late-teens and driving. I had an old beat-up car, but my dad was listed as the primary driver and I as the secondary. When I was the primary, my rates were $200. When I was moved to the secondary, they were cut to about $70. Of course, my dad's went up from $60 to $90, but I gladly paid the difference since I ultimately saved $100 a month. I hope this is still the case, but it's worth looking into. TD can give you quotes. I'm with them and I regularly change my insurance information two or three times a year.
We believe that affordability shouldn't get in the way of quality - they can even go hand-in-hand. We'll provide the best car insurance policy for your needs with reliable protection at a fair price, should you ever need to use it. View our car insurance coverage where you can compare our standard coverage with the many additional options we offer for drivers who want more protection than what their state requires.
Become an occasional driver under your parents’ policy – Consider being an occasional driver before getting your own car and becoming a primary driver. Occasional drivers pay significantly less for auto insurance. You can build up driving experience while being an occasional driver and end up paying less for auto insurance once you become a primary driver down the road.
A couple of at-fault collisions, a few traffic violations or an impaired driving conviction is all it takes to get a high risk driver designation from an auto insurance company in Ontario. That sets you up for high auto insurance premiums for several years or perhaps worse, an outright cancellation or non-renewal of your existing Ontario auto insurance policy.
Insurance is funny, in a weird sort of way, because rates can vary wildly between insurance companies. Also, premiums often change so the insurance provider who offered you the best rate two years ago, or even last year, may not be the insurer who offers you the best car insurance rate today. That’s why it’s so important to shop around, because the quote you get from one company can be significantly higher (or lower) than the quote you get from another.