Bridge the Gulf to Reasonable Car Insurance Rates in Guelph

Founded in 1827, Guelph, Ontario, is located about 100 kilometres to the west of Toronto. Situated in Ontario’s southwestern nook, Guelph’s nickname of “the Royal City” was conceived by novelist John Galt. Galt also helped design the city to bear a resemblance to a number of European centres. Its name is derived from the House of Guelph, which was home to King George IV.

Known for emphasizing agriculture in its academic curriculum, the University of Guelph is the city’s largest educational complex. About 18 percent of local jobs derive from the manufacturing sector, including the Sleeman Brewery. Recent expansion into Technology, Life Sciences, Biotechnology and the Environmental Management sector have come onto the scene in recent years.

Guelph’s topography features hillsides of peaks and valleys. Bordered by the Speed and Eramosa Rivers, Guelph provides a backdrop that is picturesque for the annual Hillside Festival.

Smaller Cities Can Often Mean Lower Insurance Rates

Guelph residents enjoy the best of both worlds, in a sense. Although officially denoted an urban area and thus classified as a “city”, Guelph is significantly smaller than cities like Edmonton or Toronto. As such, insurance companies’ actuaries favour this region with lower auto insurance rates. Fewer drivers result in fewer accidents. In turn, the decreased incidence of collisions carries a decreased affect on your auto insurance premiums.

Guelph is a safe destination for those seeking an oasis of modern comfort and relief from high auto insurance rates. We are here to help you obtain the very lowest coverage costs that suit your particular needs.

How your Premiums are Decided

Auto insurance policies feature a lot of different coverage factors, each of which affects your rate. The primary ones are as follows:

Deductible amount

As the specific figure you must sustain out-of-pocket in event of a loss, a higher deductible yields a lower premium. Consider a slightly higher deductible than you normally select. If you invest the difference in premium price into an investment yielding high returns, you can realize long-term dividends – in more ways than one.

Types of Coverage Chosen

Auto insurance policies provide protection against multiple types of loss. Full coverage extends only to physical damage to your vehicle. As such, full coverage is often not cost-effective for older vehicles which do not have outstanding liens. The monetary amount you stand to sustain in a loss is usually lower than the additional costs of full coverage.

Other Rate Reductions

The auto insurance industry is competitive. Affiliations and memberships in auto clubs or professional associations may qualify you for a discount. If your driving history includes no tickets, suspensions, or accidents for the last several years, inquire about a safety discount also.

Reaching the happy medium of adequate protection and affordable premiums is worth the journey.