Having car insurance is a necessary—and legal—part of being a car owner. But sometimes insurance can get very expensive very quickly, and to get the coverage you need, you feel like you need to pay an arm and a leg. But insurance doesn’t have to be expensive: just ask your insurance broker about possible car insurance discounts in Ontario that are available for you.
At Morison Insurance, we believe that getting auto insurance for your business or personal life shouldn't be difficult and that the cost of car insurance should be a significant hurdle to car ownership. That’s why our team works hard with top auto insurance partners with access to insurance discounts that help you save on your vehicle insurance. From bundling car policies to rewarding you for being a good driver, we’ll find the car insurance discounts you need to make insuring your car affordable for any budget.
An auto insurance discount is an opportunity to save on your car insurance. Canadian insurance companies provide potential saving opportunities by reducing insurance premiums when certain criteria are met by customers. Sometimes they can be as simple as remaining with the same insurance provider for a number of years. Others may require you to drive a certain type of vehicle or drive a certain way. Ultimately, they all aim to make it more affordable to be a car owner by helping to discount car insurance.
Dozens of special discounts are available through your Morison insurance broker. Contact us today to learn more about how you can enjoy discount car insurance rates with different saving opportunities.
You can always increase your insurance deductible to save money on car insurance, but in the event of an accident, you would be responsible for paying that amount out of pocket. That's why one of the best ways to save on your car insurance is with auto insurance discounts. Your insurance broker can help you save on auto insurance costs by applying as many discounts as you are qualified to receive. Do you have a private space to park your car? There is a private parking insurance discount for this. Do you insure several vehicles insured with the same insurance provider? You may qualify for a multi-vehicle discount. Keep in mind that discounts vary among insurance companies. Talk to your insurance broker, who will let you know which company will provide you with the greatest discounts and the best insurance coverage options at an affordable car insurance premium.
If you own a vehicle in Ontario, there are a variety of discounts for car insurance available to you. Some of the most common auto insurance discounts include driver training discounts, short-distance commute discounts, winter tire discounts, autonomous emergency braking discounts, and hybrid car discounts, in addition to many others.
Below are additional details for popular car insurance discounts that you may be eligible to qualify for. Please note that the potential saving amounts for discount car insurance can vary from policy to policy, so please speak to your Morison insurance broker to learn more about how you can save with discounts on auto insurance.
Many insurance providers offer car insurance discounts for drivers who install an aftermarket anti-theft tracking device on their vehicle. This advanced safety feature helps minimize the chances of your vehicle being stolen, resulting in reduced premiums.
This discount for car insurance applies to you if your vehicle is equipped with technology to automatically apply the brakes when necessary. If you are unsure of whether or not your vehicle is equipped with AEB, you can check the ownership manual for your vehicle or check with your dealership. Having this safety feature can help by lowering the overall premium of a vehicle. With the autonomous emergency braking discount, car insurance seekers can enjoy up to 15% savings on their Ontario auto insurance.
You'll find that one of the best ways to save is if you bundle your auto and home insurance. By having your home and auto insurance bundled with one insurance provider, you can save up to 15% on both of your policies. Please note that savings vary among insurance companies. Since our Morison insurance brokers work with many different insurance companies, they can compare multiple quotes and ensure you receive all the discounts you are entitled to. For details on criteria and savings, contact our insurance brokers.
A clean driving history should be rewarded—that’s the entire premise of this car insurance discount. Car insurance companies provide a discount when you have a clean driving record, which means you have had no tickets in the past three years. The conviction-free discount varies among insurance companies and is usually built into the overall premium. It is often considerable discount of saving of up to 15%. Some companies may also offer Minor Conviction Protection to help protect your insurance rates from rising in the event of your first ticket.
Are you a safe driver with no insurance claims in the past three years? This can help you save with a discount car insurance premium. Much like with conviction-free discounts, most insurance companies offer savings of up to 10% on your auto policy if you are claims-free for a few years.
If you are a new driver and are looking for ways to lower your insurance rates, take a driver training course, such as driver education. Taking and completing a defensive driving course can help you save on your auto insurance because as a new driver you do not have any driver history, and a driver training course provides proof that you have been properly shown how to drive and employ safe driving practices, which can discount car insurance of up to 20% off your auto insurance premiums.
Please note that the driver training discount on auto insurance is only valid within the first three to five years of having taken a recognized driver training course, and the benefits are best enjoyed by young drivers without years of driving experience. Additionally, the driving school you are attending must be approved by the Ministry of Transportation. Speak to your insurance broker to see if your course is eligible for a car insurance discount.
The graduated license discount is offered to drivers as they progress from G1 to G2, and then again from G2 to G. The discount car insurance savings from the graduated license discount is up to 10%. Please note that this auto insurance discount only lasts for one year, so it is best to get your full G as soon as possible.
Canadian insurance companies would like to thank you for driving a hybrid vehicle and looking after the environment. If you drive a hybrid car, this Green discount is included in your premium. You can usually receive up to 5% in auto insurance savings. This means that by driving a hybrid car, you are not only helping the environment and reducing your gasoline costs but also saving on your insurance rates.
Insurance companies appreciate when their customers are loyal to them, and customer loyalty insurance discounts are a way to say thank you for your continued business. Auto insurance savings for being a long-standing customer can be up to 10%. In some cases, loyalty discounts for car insurance increase—to a set limit of course—the longer you have been a customer with the insurance company.
However, it’s also important to know that if you are currently receiving a loyalty discount and change insurance companies, you will not get the discount at the new company. So if you are unhappy with your current policy, speak to your Morison Insurance broker about ways you can improve your policy rather than switching companies and having to wait years before enjoying a loyalty car insurance discount.
Some insurance companies offer a mature driver discount. If you have a good driving record and are over the age of 50, you may be eligible to apply for this discount on car insurance and could get savings of up to 15% on your Ontario auto policy.
To qualify for the multi-car insurance discount in Ontario, you need to have more than one vehicle on your auto insurance policy. The multi-vehicle insurance discount is on average up to 15%, but this may vary depending on the insurance company. Be sure to check with your Morison Insurance broker to understand what you need to do to meet the qualifications for this car insurance discount.
While our insurance companies value loyal customers, they also understand that you may want to be insured by a different insurance company. If you are a new customer of an insurance company, you may qualify for the latest business insurance discount. Car Insurance companies may offer up to 5% savings on auto insurance to new customers.
Ontario cars can still be involved in an accident or incident when parked, so if you have a safe place to park, you can enjoy discount car insurance. Please note that this applies only to private parking spaces such as garages or driveways, rather than a public facility. Speak to your insurance broker to learn if your regular parking situation applies in this case.
An insurance renewal discount is another way for companies to say thank you for staying loyal. The renewal insurance discount tends to be up to 15%. The discount depends on the insurance company and how many years you have been insured with the company.
The retiree insurance discount is available to you once you have been retired for at least 6 months, with no additional income other than your pension. The retiree insurance discount is usually a savings of up to 5% on your insurance coverage premium.
If your commute to work is less than 5km one way, many insurance companies offer savings on your premium. When accidents occur, they are mostly between home and work, but if you have a short commute, there are fewer opportunities for you to get into an accident. So if you have a short-distance commute, you can enjoy discount car insurance.
Being a student has its ups and downs. One of the good things about being a student is that some insurance companies offer discounted car insurance to students who can show that they are doing well in school. If you are below the age of 25 and are in either high school or are a full-time college or university student, you are eligible. Get in touch with your Morison Insurance broker for more information about this car insurance discount in Ontario.
When your child moves away to school, at least 100km from home, some insurance companies will give you a student driver's insurance discount for that driver as they do not have access to the vehicle(s). If the student has had an insurance claim, these savings do not apply. If they take a vehicle with them, let your insurance broker know so they can update the garaging address of that vehicle.
Much like good driver car insurance discounts, Ontario insurance companies also provide discounted insurance rates for those who participate in telematics programs. In these insurance programs, drivers install either a telematics device or use an app that tracks their driving habits in real time, and after a set period, they can enjoy savings of up to 30%. Unlike good-driving programs, which are focused on historical driving records and claims history, telematics is based on driving habits today, so your potential discount can vary depending on your driving habits within that period. Ultimately, the better you drive, the more savings you experience with your telematic car insurance discount. Ontario insurance companies may also provide a low-kilometre discount on basic coverage for driving fewer kilometres per year.
To qualify for the winter tire insurance discount, you need to have a vehicle with winter tires, not all-season tires. Winter tires usually have a mountain or triangle symbol with a snowflake on them, making them easy to identify.
Most insurance providers require that winter tires be on your vehicle from November through April. The winter tire discount varies up to 5%, depending on the insurance company. Keep your receipts from the purchase of the tires and installation of the winter tires. These may be required by the insurance company for you to enjoy this car insurance discount in Ontario.
The key to saving on your car insurance or overall insurance plans is to speak to a Morison Insurance representative to get all of the auto insurance discounts that you qualify for. We have helped many customers save hundreds of dollars on their car insurance with a variety of different discounts. Car insurance can be expensive, so why not let us help you save?
Our brokers work with Canada’s best insurance companies and will get you several competitive auto insurance quotes and the best insurance coverage. We will always apply as many auto insurance discounts as possible to help you lower your insurance premium.
Most car insurance discounts are built into the base insurance premiums, meaning customers may not necessarily see these discounts outlined on their automobile insurance policy. Many auto insurance companies also cap the discount amount that an insured can receive, so once you’ve hit that limit, you cannot enjoy first savings with car insurance discounts. Ontario drivers can always speak with our team to learn more about the potential savings caps they may run up against for their policy.
There are also circumstances where a customer may qualify for a particular discount and later does not qualify. An example of this would be when a customer receives a claims free discount and gets in an accident. The customer may no longer receive the discount, which can result in an increase in insurance premium.
Companies will also set specific criteria for auto insurance discounts. Standards differ among companies and can be complicated. We advise that you speak with a Morison insurance broker about these discounts and the criteria set by the insurance company you are insured with. Our team of experienced brokers is happy to answer any questions you may have, explain details, and help with your insurance in any way we can.
Contact Morison Insurance! Our team will help get you all the car insurance discounts that you qualify for. We love to help you save money! Car insurance can seem complicated, but that’s what Morison Insurance is here for, to uncomplicate the process and get you the coverage you need. We’ll walk you through coverage options, find comprehensive policies from top auto insurers that best suit you, and get you effective car insurance discounts.
Ontario’s best brokers are by your side. Just give us a call at 1-800-463-8074 or fill out our online form for a free quote today.
