Bundle your policies
Some insurers, like The Personal, offer discounts for bundling your policies. If you insure your cars, recreational vehicles (like motorcycles, snowmobiles and campers) and home (or cottage!) with the same insurance company, you could save on your premiums.
Update your car insurance
- Increase your deductibles. You can help lower your premium by increasing your deductibles for Collision or Upset and Comprehensive. But before you make any changes, make sure you’d be comfortable paying that amount in the event of a claim.
- Insure all your cars with us. You could save on your car insurance premium with our Multi-Vehicle Discount.
- Get more discounts. Check out all our personalized offers and call us for a quote.
In the market for a new car?
- Choose a model that costs less to insure. Premiums can vary depending on the model.
- Opt for a car that costs less to repair. Repairs for luxury vehicles, for example, often cost more.
Update your home insurance
- Review your coverage. Some changes, like getting a new roof or if someone you live with has stopped smoking, could save you money on your premium, so be sure to let your insurer know.
- Increase your deductible. If you’re comfortable paying more out of pocket for an insurance claim, you could increase your deductible to help lower your monthly premium.
- Insure your home and your car with us. You could save on your home insurance with our Multi-Line Discount.
- Find other ways to save on home insurance and call us to get a quote.
Add security/prevention systems in your home
- Install a centrally-monitored fire and theft system. You could save on your home insurance with our Alarm System Discount.
- Protect your home from water damage. You’ll have peace of mind, and you could save on your home insurance with our Water Damage Prevention System Savings.
So as you can see, by adjusting your coverage and taking advantage of available discounts, you could lower your premiums while remaining covered.