In Ontario, auto insurance is a must-have, whether you’re the proud owner, financing, or leasing your vehicle. It’s your legal shield and financial safety net on the road. But understanding the ins and outs of Car insurance can be overwhelming. That’s where we come in. As your Auto insurance broker in Ontario, Safir Insurance Agency is here to simplify the process and find the perfect Car Insurance coverage tailored just for you. From transferring your driver’s license to the Ministry of Transportation to navigating the complexity of your policy, we’ve got the expertise and dedication to ensure you’re fully protected. Get the best car insurance in Ontario with Safir Insurance Agency. Obtain affordable and cheap car insurance for Ontario drivers effortlessly.

Different types of car insurance coverage

Liability

Liability insurance helps pay for accidental injuries and property damage, and may provide coverage for things such as medical expenses and/or lost wages. In addition to damages and injury, this coverage can help pay for legal defence and court fees. This coverage is mandatory across Canada although the minimum amount varies across provinces.

Collision

Collision coverage helps pay for damages sustained to your vehicle if it’s involved in a collision with another driver or object. Collision coverage also comes into effect if your vehicle is damaged due to a hit and run accident.

Comprehensive

Comprehensive coverage applies to damages sustained outside of an auto accident. Some expenses that might be covered by comprehensive coverage include theft, vandalism, fire and water damage.

Accident Forgiveness

If you are involved your first at-fault accident, accident forgiveness means your rates won’t go up. In addition, you will maintain your good driving record as long as you stay with the same company. There are many different types of car insurance coverage available. Depending on where you live, certain coverage options are required by law, while others are optional. In order to make sure you have the right insurance in any given province, it’s important to learn the different requirements before selecting your coverage options. With all the options available, make your life easier and Safir Insurance Agency to find the insurance coverage right for you.

What’s affecting my rate?

As Safir Insurance Agency we do not determine your rates; we work with a number of insurance companies to find the best policy for your specific needs.. However, it is still helpful for you to understand some of the key factors that influence your insurance rates.

Where you live

Where you live can affect your car insurance premium. Provinces have different insurance regulations affecting rates and within provinces, rates may vary depending on whether you live in an urban or rural area. Often, people who live in high-population density areas will have higher rates. With more cars in urban areas, the probability of more accidents increases. In contrast, if you live in an area with a low-population density (e.g. rural areas) you may pay less than your city dwelling counterparts, however, this may also be impacted by potential risks of the surrounding area.

Age and experience

Insurance companies may evaluate statistics based on the number of motor vehicle accidents by age group and then use the data to calculate different risk factors. If the data shows younger drivers are more of a risk to be involved in an accident then their rates may be higher. Similarly, the data may show a higher frequency of accidents for people past a certain age so, once again, rates will be adjusted accordingly. No matter what age you are when you start, the number of years you’ve been driving will likely affect how an insurance company assesses your risk of getting into an accident. Insurance companies assume inexperienced drivers pose a greater risk than someone with more experience. Luckily, after several years of safe driving without an incident, you may qualify for lower rates, so keep your eyes on the road!

Marital Status

Despite whether you think your marital status affects your driving, if the data shows a difference between married versus non-married drivers, insurance companies will take this into account when calculating your rates. Sadly, “it’s complicated” is not an accepted marital status.

Driving Record

You know that old saying, “actions speak louder than words”? When it comes to car insurance, actions speak volumes to an insurance provider! If you are someone with a clean driving record, you may have lower premiums compared to a driver with more traffic violations or a claim. Good driving helps you save in the long run.