Most people do not have the money to pay for losses they might cause while driving, so that governments require drivers to carry a certain amount of insurance to cover losses they might cause others suffer.Some governments, including every province and territory in Canada, also require drivers to carry coverage for their medical expenses and loss of income resulting from injuries related to driving
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| Compulsory Insurance |
The three most important factors in determining your car insurance in Canada is your age, driving record and the amount of your deductible. First year drivers are paying much higher car insurance, but after a year of safe driving record and more tickets, you should be able to get a substantial discount on your car insurance. If you do not, then you should shop around for better prices.
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| Compulsory Insurance |
If you drive an older car consider dropping collision coverage on your vehicle to reduce payments on your auto insurance. Another thing to consider is the fact that drivers who have completed an approved driver training in the last 3 years pay lower premiums. Car insurance in Canada can vary by hundreds if not thousands of dollars to boost security, respect for traffic laws and shop around for the best rate, and you should be able to find a decent price for your insurance car. Enjoy some of the many websites with free online quotes auto insurance before buying. If you are looking for a car loan, the easiest way is to compare the Internet, as there are many companies offering auto financing options and value-added products.  |
| Compulsory Insurance |
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