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Tips for reducing your auto insurance premium

June 16, 2017

Did you know you can pay less for auto insurance by making a few smart changes? It’s easy! Here are some tips to help you reduce your auto insurance premium and, still get the coverage you need.


1. Keep a good driving record

It’s more than just a cliché – not only is being a careful driver the best way to avoid an accident, if distracted, you can compromise safety resulting in fines, loss of demerit points, and higher auto insurance premiums.

Staying claims and conviction free is key to keeping your auto insurance premiums as low as possible.

2. Adjust coverage on older vehicles

The older the car, the lower the insurance premium. If it’s not worth repairing, consider removing collision and upset from your vehicle.

3. Choose a vehicle that is less likely to be stolen

If you’re looking to buy a new vehicle, remember that certain models are stolen a lot more than others. So when you’ve narrowed it down to a few models, you can go to our website and quickly compare insurance premiums for different vehicles to see which vehicle is cheaper to insure. The answer could help you make your final decision. And you could do it anywhere anytime if you are insured with us with our Online Services.

4. Insure all your vehicles with the same company

The more vehicles you insure, the more you save.

5. Bundle and save

Combining your auto and home insurance can significantly reduce your premiums.

6. Install an anti-theft system

To help prevent vehicle theft, reduce risk and lower your insurance premium, install a certified anti-theft system. A quality system includes an automatic immobilizer system and a locating system to locate a stolen car once its disappearance is reported.

7. Increase your deductibles

The principle is simple, the higher your deductible, the lower your premium. Remember, your deductible is the amount you are required to pay in the event of a claim, so you want to make sure you can pay that deductible in case of an accident.

8. Consider a usage-based driving program

When you sign up for a usage-based driving program like Desjardins Insurance’s Ajusto® program,* you could be eligible to receive an additional discount on your auto insurance premium for having good driving habits. And the Ajusto® program will never increase your premium—it will only lower it.

9. Review and update your policy regularly

Have your circumstances changed? Are your children grown and gone? Do you now work closer to home? It might be time to make changes.


Other topics of interest:

Certain conditions, limitations and exclusions may apply.

The information and advice in this article is provided for informational purposes only.

* Ajusto is underwritten by Certas Direct Insurance Company.

®Ajusto is a registered trademark of Desjardins General Insurance Inc., used with permission by Certas Direct Insurance Company.

The discount does not apply to certain endorsements and additional coverages. Subject to the terms and conditions of the Ajusto program in effect on the date of your enrollment. Visit our website at desjardinsgeneralinsurance.com/auto-insurance/ajusto for details.

The Ajusto program is only available in Ontario and Quebec.