Buy a Car

26 Insider Secrets to Auto Insurance Savings

• How to get valuable savings on your auto insurance
  
• How to better manage your auto insurance costs
  
• Tips for beginners and young drivers
  
• Straightforward safety tips

How to get valuable savings on your auto insurance

1. Insure more than one private passenger vehicle of your household with TD Insurance Home and Auto and obtain a 10% discount off the premium of each vehicle. Or, if you are the only driver in the household and you insure two or more vehicles with TD Insurance Home and Auto, you can qualify for a discount of 12.5%.
   
2. Combine your home and auto insurance and receive an additional discount on your automobile policy.
   
3. Have an anti-theft device installed and you'll receive a 10% discount on the "comprehensive" portion of your premium!
   
4. Save 50% on your son's occasional driver premium if he lives more than 200 km from home while attending a college or university!
   
5. TD Insurance Home and Auto will give you a 10% discount on your premium when you turn 55 years old.
   
6. Closing in on retirement? Here's an extra bonus when that day comes: you will receive an additional 10% off your accident benefits premium.

How to better manage your auto insurance costs

7. You've always been a careful driver: always following the rules of the road ... no demerit points on your driver's file; Great! TD Insurance Home and Auto will reward you with a very competitive premium!
   
8. If your vehicle is over 10 years old, consider dropping the collision coverage as you may no longer have a financial interest in this vehicle.
   
9. Certain vehicles are less expensive to insure than others due to their value, insurance loss history (accident, theft, vandalism), repair costs, and occupant protection. Accordingly, you can better manage costs if you purchase a vehicle that is less likely to incur an insurance loss. For example:
   • Buick Century, 4 door
   • Chev/GMC Astro/Safari Wagon, 2WD
   • Dodge Stratus, 4 door
   • Dodge/Plymouth Caravan/Voyager, 2WD
   • Ford Taurus Wagon
   • Mercury Sable, 4 door
   • Mercury Sable Wagon
   • Nissan Sentra, 2 door
   • Saturn SL, 4 door
   • Saturn SW Wagon

   Source: "How cars measure up" — 1996 and 1997 car models — Vehicle Information Centre of Canada
   

   
   
10. The following is a list of vehicles most likely to incur an insurance loss:
    • Acura Integra, 2 door
    • Acura Integra, 4 door
    • BMW 328i, 2 door
    • Chevrolet Cavalier Z24, 2 door
    • Chevrolet/GMC Tahoe/Yukon, 4WD
    • Dodge Ram 1500, 4WD
    • Ford Mustang GT, 2 door
    • Ford Probe, 2 door
    • Honda Prelude, 2 door
    • Hyundai Tiburon, 2 door
    • Mazda MX3, 2 door
    • Mercedes-Benz E320, 4 door
    • Nissan Pathfinder, 4WD
    • Toyota 4Runner, 4WD
    • Toyota Tacoma, 4WD
    • Volkswagen Golf, 2 door

    Source: "How cars measure up" — 1996 and 1997 car models — Vehicle Information Centre of Canada
    

    
    
11. Do you have two occasional drivers living at home? Pay only the premium for one.
    
12. Increasing your deductibles means increasing your savings! Choosing higher deductibles on your collision and comprehensive coverage results in real savings on your insurance costs.
    
13. TD Insurance Home and Auto's Accident Forgiveness Program protects 5* and 6* drivers from high renewal increases. Call us for more details.
    
14. That age old question of whether or not to buy the expensive extra collision insurance when renting a car is taken care of when you insure your vehicle with TD Insurance Home and Auto. Your policy will cover damages to the rental car up to $20,000 at no additional charge.
    
15. You've been careful; but others weren't and now your car needs repair. Here's the good news! If you use one of TD Insurance Home and Auto repair garages for vehicle damage covered by your policy, you'll receive:
    • Your repairs will be guaranteed if you take your vehicle to one of our accredited garages or dealerships (certain conditions apply)

Tips for beginners and young drivers

16. Drivers with less than 2 years' experience can reduce their premiums by taking an advanced driver's education course and obtaining a certificate. Not only do you learn the skills to become a better and safer driver, you save money!
17. For newly licensed drivers, start with an older vehicle until you have gained enough experience and your insurance rates have decreased.
18. Complete your graduated licencing program to receive further discounts:
    • Complete G1 to G2 — 10% off the 1st year
    • Complete G2 to G — get an additional 10% off the 1st year

Straightforward safety tips

19. Always close your windows, lock your doors and keep your keys and driver's licence with you.
20. Never leave anything of value or any packages inside your vehicle - not even in the glove compartment or under the seat. Car thieves routinely check these locations, especially for cellular phones, cameras, laptop computers, and other valuable items.
21. Always choose a well-lighted parking space in a busy area.
22. To avoid having your vehicle towed by car thieves, turn the front wheels into the curb as far as you can and put on the hand brake.
23. In a public spot, leave only your car key with an attendant.
24. Have an anti-theft device installed to make it harder for thieves to steal your vehicle.
25. Have the windows and main parts of your vehicle engraved to make resale more difficult.
26. Never leave your keys in an unattended car, not even for one minute.

This content is given for information purposes only. Any interpretation of guarantees or coverage will be made according to the conditions within the policy.