Auto insurance quotes are the calculated amounts of the estimated monthly premiums that car owners are expected to pay for their auto insurance policies. In Canada, a car owner can request for auto insurance quotes from private car insurers, provincial government auto insurers, and through online insurance companies.
The best thing about auto insurance quotes is, they can vary based on the factors used by the insurance underwriter, and how these factors are taken into consideration by the insurance company. Factors that affect your auto insurance quotes include your history as a driver, your age (teen drivers and senior drivers often get quotes different from average driver profiles), your car model, and where you drive.
For most car insurers, the quotes can be generally on the same level given the average driver profiles in Canada. The big difference then often lie in the make or model of the car. A
s such, car owners must get to know the average quotes for some of the popular car models that they wish to get insured.
Generally, four-door cars have a 93% lesser chance of being stolen than two-door cars. Expensive cars are thought to have higher premiums because of expensive repairs, but those with foolproof driver or passenger safety like the Porsche 911 have lower quotes because of lower injury claims, in contrast to the lower-end Mitsubishi Lancer which has a high injury claims.
Likewise, new and trendy car models that incorporate ecological-friendly features like bio-diesel and green manufacturing process have some form of insurance quote rebates.