Before you make a buying decision about your Nunavut auto insurance coverage, make a point of asking the following questions to make sure that you are getting the best deal on your coverage:
What discounts do you offer?
You may qualify for one or more price breaks, and if you don’t ask about the ones the company offers, you may not realize that you are overpaying for your insurance.
How many cars can I insure on one policy?
Insuring multiple cars on the same policy is a great way to save money on your Nunavut auto insurance costs. Many companies offer a discount to drivers who choose to do this, and it pays to ask whether the company you are considering offers this price break.
How high can I raise my deductible?
Raising the policy deductible is an effective way to save money on premium costs. Before taking this step, it’s important to make sure that the financial benefit in reduced premium costs justifies paying more out of pocket when an accident occurs.
How does being in an accident affect my rates?
If you are involved in an accident, you can expect your rates to go up. In most cases, you will be paying more for your coverage for a minimum of three years after the accident. In some cases, such as being the at-fault driver in a serious accident, you could be looking at paying higher rates for between 6-10 years after the incident.