Car Insurance Online

October 21, 2020 | Editorial Team

Car Insurance Online Canada

Home and auto insurance are two of the most common coverage types in the country. Most Canadians have one, if not both policy types. Despite this, many people are still overpaying for their coverage. This is because many Canadians don’t know how to find the best coverage at a low price.

The good news is that online insurance marketplaces like RATESDOTCA exist to help. You can easily find the perfect coverage for your vehicle in minutes. Keep reading to find out how!

Best Car Insurance Online

If you have ever tried to look for home and auto insurance online, you likely know how many options there are. Sifting through them all can be tedious and confusing. Using an online insurance marketplace like RATESDOTCA, however, can help solve that problem. Let’s take a look at what the website offers.

RATESDOTCA

RATESDOTCA acts as a middleman between insurance providers and potential customers. It allows Canadians to search for insurance providers that offer travel, life, health, pet, business, and home insurance in addition to car insurance.

This is the quickest way to find the car insurance policy that perfectly suits your needs. Here are some of the pros and cons of using RATESDOTCA.

Pros

  • There are plenty of different vehicle insurance policies available. Motorcycle insurance, car insurance for standard and classic cars, and RV trailer insurance can all be found on RATESDOTCA.
  • Liability coverage ranges from $1 million to $2 million. Deductibles range from $500 to $1000.
  • Using RATESDOTCA is free, and you are not obligated to purchase any policy presented to you.
  • There are over 50 insurance providers on RATESDOTCA. This ensures you will get the best quote possible.
  • Using RATESDOTCA is simple as their website is user-friendly, and everything is done completely online.
  • You can bundle your home and auto insurance to get a lower rate.
  • Getting a quote can easily be done in ten minutes or less. All you need to do is fill in your personal information, such as your postal code and information about your vehicle.
  • You won’t need to individually contact each insurance provider to get a quote, thus saving you plenty of time.

Cons

  • RATESDOTCA insurance is only available in Ontario, Alberta and Quebec. Those in provinces like British Columbia are out of luck.
  • Customer service is a bit limited as there are only an email and phone number for RATESDOTCA available, no live chat.
  • RATESDOTCA is a middleman rather than a car or home insurance provider themselves.

Summary

As RATESDOTCA is free and easy to use, what do you have to lose by using it to find insurance for a car, home, business, and more? It is one of the quickest ways to find the perfect policy for your vehicle. Otherwise, you would need to contact each provider individually to get a quote and find out what coverage their policy offers.

You are not obligated to choose a policy that RATESDOTCA offers, so why not get your free quote today?

Factors That Impact Your Car Insurance Rates

If you have ever requested a car insurance quote from more than one insurance company, you may have noticed a discrepancy. This is because each company has a different way of calculating your premium. That being said, most insurance companies will consider the following facts when you get a quote from them.

Driver Demographics

Even though insurance for the car is meant for your car, one of the first things insurance companies look at is your demographics. This typically includes your age, sex, and sometimes even your marital status.

Insurance companies tend to charge young drivers a higher premium. This is because they likely have less driving experience than an older driver and are thus more likely to be in an accident. As you get older and remain as claims free as possible, your premium will go down.

Statistics show that women get into fewer accidents than men. Due to this, women may get a quote that is lower than men.

Lastly, some insurance companies assume that those who are married are safer drivers. Thus, they will get a quote that is lower than a single person.

Where You Live

The next factor that many insurance companies will consider is your postal code. As cities tend to be more populated, there also tends to be more crime. Rates of vandalism, accidents, and theft are all more common in cities than towns or rural areas. Due to this, auto insurance for someone with a postal code in the city will be higher.

Similarly, if your car has to be parked on the street in your area, you will likely have to pay a higher premium. This is because it is not as safe as it would be in a garage, for example.

Vehicle Type

An insurance company won’t just look at you, but your car as well. The type of vehicle you drive can greatly impact your premium. Typically, the more expensive a car is, the more it will cost to insure. If the car needs to be replaced or repaired, the cost of doing so needs to be offset somehow.

Similarly, the more safety features your car has, the lower your premium may be. Things like lane departure systems or anti-theft devices make it more likely that you won’t get into an accident or have your car stolen. Thus, your car is seen as less of a liability.

Driving History

Your driving history is another factor companies consider when you get a quote for your car insurance. If you don’t have a driving record because you’re a new driver, the insurance provider has no way of knowing how you drive. Thus, you will be charged a higher premium.

Similarly, if you have a bad driving record with a lot of accidents, for example, you will also be charged a higher premium. This shows insurance providers that you are likely to get into another accident.

If your driving history shows you have been claims free in the past, your coverage for your vehicle will likely be cheaper.

Type of Insurance

The last thing that impacts the cost or your premium is the type of auto insurance you choose. Most places in Canada, such as British Columbia, Northwest Territories, Prince Edward Island, and Ontario, require basic auto insurance. This tends to be the cheapest option. If you want comprehensive coverage, you will need to pay more.

The deductible you choose for your insurance policy also impacts your monthly payment. The higher your deductible, the lower your monthly payment will be.

The Bottom Line

Now, finding the perfect coverage for your vehicle probably doesn’t seem as complicated as you thought it was! You can simply input information about your vehicle and yourself, such as your postal code and age, on RATESDOTCA and get a tailored quote in minutes.

The Canadian government requires you to insure your vehicle in order to drive it. So why not get the best, cheapest insurance available to you? Don’t let factors such as your young age or driving history hinder you from finding the perfect insurance provider.

Head over to RATESDOTCA to get your free, no-obligation quote today!