It’s all about the discounts!
Buying insurance is easy, saving money without giving up coverage can be difficult. All insurance companies offer discounts but it is how you apply them that counts? But like snowflakes no two insurance companies structure their discounts in the same way. Taking a few moments to speak with us allows us to understand you and your family’s needs. This allows the Insurance Professionals at First Durham Insurance in Pickering, ON to make sure that you are getting the most from your premium dollar. Below are a few of the more common discounts:
Auto & Property
Multi Policy – By placing more policies with the same carrier you can receive bigger savings. As much as 15% on Auto & property
Age Discounts – Different Insurers will offer different discounts for policy holders at different ages. You do not have to be retired to take advantage of these cost savings either
Multi Vehicle – Specific to Auto Insurance this discount provides bigger savings if you place multiple vehicles under the same policy
Away at University – Have kids going away to University? Want to keep them insured but don't want to pay premiums as if they were living at home? Some carriers will reduce your premium if you have a dependent living away at school
Low Mileage discounts – Drive less then 10,000 Km’s per year? Is your company rewarding you with a discount to reflect the reduced exposure? Many carriers will allow for discounts as much as 15% for those that drive less then 10,000Km’s per year
New Home Discount – Many insurers will discount the premiums of newer homes as much as 10%
Sewer Back Up Valve – Water is the leading cause of loss for property insurance, some carriers will offer a discount for homeowners that have take the initiative to install mechanisms that reduce the exposure source as sewer back up valves.