Recent Changes In Quebec"s Auto Insurance
Over the past few years, there has been much in the way of good news and positive changes where Quebec's public and private auto insurance industry is concerned.
Rate reductions and new discount programs from insurers have made it easier for Quebec drivers to afford the comprehensive auto insurance policies that are recommended by experts for drivers in La Belle Province.
In both 2009 and 2010, Quebec auto insurance rates declined sufficiently to provide real savings on the premiums that Quebec drivers pay monthly.
This is because of the increase in competition among insurers which provide mandatory third-party property damage insurance in Quebec, as well as because of money-saving innovations such as increased sales of insurance via the Internet and other non-traditional sales points.
Group discounts have also come into increased availability in Quebec; groups of drivers with similar records and statistics are placed into a common risk group so that the best possible rates can be extended to them.
Quebec is one of the few markets in Canada where the average rate for auto insurance is going down; Alberta and Ontario have registered increases in the same periods when Quebec rates were lowered.
Specific discount programs that have been introduced or expanded over the past few years in Quebec are the "green" discounts for drivers of hybrids and other energy-efficient cars, as well as discounts for insurance customers who take care of all of their insurance needs at the same time and from the same source as they turn to for their auto insurance.
The auto insurance discounts for drivers of hybrid cars in Quebec often approach ten per cent of the annual insurance premium, and they are offered by the top private insurers in the province.
The most recent insurer to offer this discount is Desjardins which started to make it available to renewing as well as new customers this past summer.
Indeed, this discount on premiums is one more reason that hybrid cars are becoming more and more advantageous in Quebec ever since the introduction of the carbon tax on gasoline and diesel.
Both brokers and direct insurers often offer discounts when a Quebec driver purchases or renews her auto insurance at the same time as she purchases home insurance, life insurance or other forms of insurance.
These discounts vary from provider to provider, and should be investigated when the time to renew or purchase any policy comes up.
As for the public car insurer, Societe de l'assurance automobile du Quebec (SAAQ), it is increasing its commitment to driver and passenger safety by contributing to a humorous and high-impact program that aims to discourage drunk driving.
The program, called Operation Red Nose, encourages drivers to plan ways of getting home safely after parties; these include a designated driver as well as taxis and public transportation.
The Quebec insurance industry continues to maintain its commitment to keeping prices affordable and to providing discounts where possible, especially to those drivers who maintain safe records or otherwise reduce their risk.
Rate reductions and new discount programs from insurers have made it easier for Quebec drivers to afford the comprehensive auto insurance policies that are recommended by experts for drivers in La Belle Province.
In both 2009 and 2010, Quebec auto insurance rates declined sufficiently to provide real savings on the premiums that Quebec drivers pay monthly.
This is because of the increase in competition among insurers which provide mandatory third-party property damage insurance in Quebec, as well as because of money-saving innovations such as increased sales of insurance via the Internet and other non-traditional sales points.
Group discounts have also come into increased availability in Quebec; groups of drivers with similar records and statistics are placed into a common risk group so that the best possible rates can be extended to them.
Quebec is one of the few markets in Canada where the average rate for auto insurance is going down; Alberta and Ontario have registered increases in the same periods when Quebec rates were lowered.
Specific discount programs that have been introduced or expanded over the past few years in Quebec are the "green" discounts for drivers of hybrids and other energy-efficient cars, as well as discounts for insurance customers who take care of all of their insurance needs at the same time and from the same source as they turn to for their auto insurance.
The auto insurance discounts for drivers of hybrid cars in Quebec often approach ten per cent of the annual insurance premium, and they are offered by the top private insurers in the province.
The most recent insurer to offer this discount is Desjardins which started to make it available to renewing as well as new customers this past summer.
Indeed, this discount on premiums is one more reason that hybrid cars are becoming more and more advantageous in Quebec ever since the introduction of the carbon tax on gasoline and diesel.
Both brokers and direct insurers often offer discounts when a Quebec driver purchases or renews her auto insurance at the same time as she purchases home insurance, life insurance or other forms of insurance.
These discounts vary from provider to provider, and should be investigated when the time to renew or purchase any policy comes up.
As for the public car insurer, Societe de l'assurance automobile du Quebec (SAAQ), it is increasing its commitment to driver and passenger safety by contributing to a humorous and high-impact program that aims to discourage drunk driving.
The program, called Operation Red Nose, encourages drivers to plan ways of getting home safely after parties; these include a designated driver as well as taxis and public transportation.
The Quebec insurance industry continues to maintain its commitment to keeping prices affordable and to providing discounts where possible, especially to those drivers who maintain safe records or otherwise reduce their risk.
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