Each Quebec car insurance company uses its own formula for determining how much to charge customers. The details are confidential, but the companies offering coverage consider similar factors when setting rates.
For one thing, you can expect that your driving record will be given a considerable amount of weight when you are applying for coverage. A car insurance company will look at your past behavior and use it to predict how you will act in the future. If you already have a clean driving record, do everything you can to maintain it.
A person who has been involved in accidents or has traffic tickets can’t change past events, but he or she can improve their driving ability by taking a driving course. Doing so may help them get better pricing on car insurance coverage, as long as the program is recognized by the car insurance company. (Before signing up for one, the customer should ask which courses the insurer would recommend and if successful completion of one entitles the customer to a break on pricing.)
The make and model of the vehicle being insured also has a bearing on how much a customer will be charged for his or her coverage. Car insurance companies keep track of which vehicles are most expensive to insure, as well as the ones that are most likely to be targeted by thieves. Driving one of them means paying higher premium rates.