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QuestionInsurance Question  What kind of insurance discounts can I expect from Insurance companies if I am turning 50 in the next couple of weeks. I live in Ontario, and I also have a clean driving record for many years.

AnswerAuto Insurance Answer

Congratulations on your upcoming birthday and on having a clean driving record for several years.If you are lucky enough to be retired, Canadian insurance agencies will give a discount to retirees receiving a certain type of pension. There are also discounts given to the mature driver but unfortunately many insurance companies start this discount at age 55.

There are other discounts that you may want to ask for when renewing your auto insurance or starting a new one. Some companies will give you a discounted rate for low-mileage car use, two or more vehicles on one policy or having loss prevention devices installed in the vehicle (car alarm, etc). Many insurance companies operating in Ontario will give long-time policyholders with no claims and a good driving record a safe driver discount. Our partner in Canada, Kanetix, should be able to tell you if you are eligible for other discounts.

If you are in need of a Canadian auto insurance quote you can go here and put in your postal code.

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