Are You Getting the Most Out of Your Current Auto Insurance Policy?
Truth be told, most people like to receive a discount, regardless of its amount, whenever they need to pay for a product or service. In fact, many individuals will frequently look for opportunities to save a few dollars wherever they can – price-matching, anniversary sales, inventory clearances, and bundled services are just some of the ways that people try to stretch their budgets.
However, there could be times when consumers are not aware of potential discounts that are available to them; as a result, they fail to capitalize on chances to save some money or to receive additional services without a price/rate hike. And the frustrations of these missed opportunities can be further magnified when they learn that friends and relatives did avail themselves of these discounts but neglected to share that knowledge or insight.
This above scenario could be applicable to almost any situation in which Durham Region consumers are in need of a product/service – and auto insurance is indeed no exception. Car insurance policy holders simply might not be aware of possible discounts (and their respective criteria) or they may incorrectly assume that they do not qualify; fortunately, an experienced insurance broker, such as a representative from Petley-Hare Limited, can confirm or help to clarify auto insurance discount eligibility for policy holders in Oshawa, Pickering, Bowmanville, and other municipalities in Durham Region.
Local drivers may qualify for one or more of the following car insurance discounts; as in many similar circumstances, their eligibility and approval for such discounts could/would be subject to meeting certain conditions:
- Safe Driver – if there are no accidents, violations, or claims
- Multi-Vehicle – self-explanatory; insuring two or more vehicles
- New Car – applicable to vehicles that are less than three years old
- Students – for those attending school while living away from home
- Driver Training – proof of graduation from a certified driving school
- Mature Driver – over the age of 50 years with a good driving record
- Multi-Policy – bundling auto and home insurance (discounts for both)
- Winter Tires – purchasing and installing a set of four new winter tires
While this spectrum of auto insurance discounts may be available to residents of Durham Region in a general nature, the specific reductions can range from 5% to 25% depending on the type of discount and the car insurance company that issues the policy. For these reasons, local drivers/policy holders may benefit from the services offered by the brokers from Petley-Hare Limited; specifically, these professionals can research several different auto insurance providers to find the best possible rates and coverage for their clients.
Several Factors Will Influence Your Auto Insurance Policy Rates
Prior to investigating the possibility of any discounts, the base rate of the auto insurance policy needs to be determined. This base rate will be calculated by taking several factors into consideration, with the most influential consisting of the following:
- Area of residence
- Type/model of vehicle
- Overall driving experience
- Intended use of the vehicle
- Insurance cancellation history
- Average kilometers driven annually
- Driving record (violations, accidents)
The car insurance experts from Petley-Hare Limited can offer valuable insight to new and experienced drivers alike with respect to these factors and how they will impact the rates for their specific situations. Furthermore, the Petley-Hare representative can help clients understand the terms of their policies relative to coverage for such circumstances as:
- At-Fault Collisions
- Bodily Injury Liability
- Property Damage Liability
- Personal Injury Protection
- Non-Collision Vehicle Damage
- Uninsured/Underinsured At-Fault Motorists
With offices in Oshawa, Pickering, and Bowmanville, Petley-Hare Limited is conveniently located to assist Durham Region drivers with their auto insurance needs. To learn more about the support provided by the experienced insurance brokers at Petley-Hare Limited, please visit our Comprehensive Auto Insurance page.
For a car insurance policy tailored to your needs at the best possible rate, Call the team at Petley-Hare Limited today at 1-800-216-5324 or Contact us to consult with one of our auto insurance experts and to obtain your no-obligation quote.