If you’re committed to switching car insurance providers in order to save a significant sum on your car insurance, it’s worthwhile to find a car insurance firm in Toronto that provides usage-based insurance. UBI employs a telematics-based device that’s placed in your car to monitor your driving behaviour including braking, acceleration, and frequency of turns. You can save five to 10 percent on your annual car insurance cost just by trying it out and up to 30 percent if the driving data collected by the black box supports the fact that you’re one of the drivers that belongs on the road – not one of the irresponsible ones whose licence isn’t worth the plastic it’s printed on!
As of January 1st 2016, the Ontario government passed a law mandating that insurance companies give drivers a discount on their insurance if they buy and install winter tires on their cars for the winter months. The discount is usually around 5% of your collision coverage, or $72 per vehicle per year, but you will not necessarily get this discount immediately. Some companies make you wait until your policy renews, so make sure you call your insurer to find out how they handle it.
Ajusto is a usage-based insurance program that you can enjoy on your smartphone to help you monitor and improve your driving habits. The app will provide you your driving score that will determine your savings on your auto insurance premium at renewal. Using Ajusto never results in a rate increase or penalty. Everyone wins with enhanced safety and savings!​
If you’re committed to switching car insurance providers in order to save a significant sum on your car insurance, it’s worthwhile to find a car insurance firm in Toronto that provides usage-based insurance. UBI employs a telematics-based device that’s placed in your car to monitor your driving behaviour including braking, acceleration, and frequency of turns. You can save five to 10 percent on your annual car insurance cost just by trying it out and up to 30 percent if the driving data collected by the black box supports the fact that you’re one of the drivers that belongs on the road – not one of the irresponsible ones whose licence isn’t worth the plastic it’s printed on!
Direct Compensation Property Damage (DCPD): Available only in New Brunswick, Nova Scotia, Ontario, P.E.I. and Quebec, this covers the cost of loss or damage to your car in an accident for which you were not entirely responsible. To qualify, the other driver has to be identified, insured and found to be at least partially at fault. In some provinces, you can no longer sue another person for damage to your car.
Many Ontario drivers have additional third party insurance coverage. This is a wise move since the provincial requirement is only for $200,000. Settlements from serious accidents often exceed this amount. Any amount in excess of insurance coverage remains the responsibility of the driver. To guard against serious financial strain, it’s common to add liability coverage to $500,000 and beyond.
Before you commit to anything, make sure you shop around. It's best to compare car insurance quotes offered by insurers and brokers (it's best to get a minimum of 3 quotes). You should make your final purchase with the company or person who provided you with the best service and a competitive rate. The insurance representative should take the time to answer all of your questions and make you feel comfortable about the purchase.
Know when to cut coverage. Don’t strip away coverage just for the sake of a lower price. You’ll need full coverage car insurance to satisfy the terms of an auto loan, and you’ll want it as long as your car would be a financial burden to replace. But for older cars, you can drop comprehensive and collision coverage, which only pay out up to your car’s current value, minus the deductible.
Raising the deductible limits on collision and comprehensive coverage lowers monthly insurance premiums. By taking on more financial responsibility in the case of an accident, a driver lowers day to day costs. A driver must be ready, however, to absorb these costs if an accident occurs. Note that in some cases where a driver is not at fault, other insurance provisions or companies may cover some or all deductible amounts. Check with your agent or broker to determine what applies to your specific policy.

Dashboard camera, or “dashcams”, is a new technology that is becoming increasingly popular. The appeal is that if there is a dispute of who is at fault in an accident with no other witness, or the other party flees the scene, you have objective proof to fall back on. There is no mainstream or common discount from most insurance companies, at least not yet. There are some ways they can help lower your rates indirectly, however:

Because you indicated you occasionally have non-family members as passengers in your car, we recommend Additional Third Party Liability for you. The more passengers you have in your car, the more damages you can be liable for in the event of an accident – not only are non-family members not covered by most standard insurance, they are also more likely to file law suits.


Would you like to receive rewards for driving well? Participate in our innovative en-route Auto Program and you could see your insurance discounted by up to 25%*! We send you a wireless device† – at no cost – that's easy to install under your steering column. Once in place, it will track your driving, and you will be rewarded for travelling less, avoiding late-night journeys and braking/accelerating safely. You can rest easy knowing that the entire program is free, and that your premium cannot increase as a result – the data is only used to calculate your discount. Sign up today and save 5% instantly!
If you’re committed to switching car insurance providers in order to save a significant sum on your car insurance, it’s worthwhile to find a car insurance firm in Toronto that provides usage-based insurance. UBI employs a telematics-based device that’s placed in your car to monitor your driving behaviour including braking, acceleration, and frequency of turns. You can save five to 10 percent on your annual car insurance cost just by trying it out and up to 30 percent if the driving data collected by the black box supports the fact that you’re one of the drivers that belongs on the road – not one of the irresponsible ones whose licence isn’t worth the plastic it’s printed on!
Historically known for its uranium mines, Elliot Lake is now known as a beautiful retirement community. Surrounded by numerous lakes, the town offers lots of things for every age group to enjoy, from boating to hiking and even world-class fishing. Elliot Lake offers a variety of lifestyles, and variety is something our brokers at BrokerLink can relate to. BrokerLink is all about finding the right insurance coverage for individual needs. From boat insurance to home insurance and anything in between, we’re here to help customize your policy. Get protection for your business, cottage, motorcycle, car and other valuables too. Call and see how we can bundle your policies and save you money.
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