How Can You Get Cheap Car Insurance in Collingwood?
You can get cheap Collingwood car insurance by finding the best deals. Here are several tips to help you do so:
Who Provides Car Insurance Quotes in Collingwood?
Insurance brokers, agents, aggregators, and direct writers provide car insurance quotes in Collingwood. Here’s an overview of these four insurance quote providers:
How Does Car Insurance Work in Collingwood?
Car insurance in Collingwood works by providing financial coverage in case something bad happens to you or your car, depending on the protection you choose. Auto insurance in Collingwood is mandatory by local laws, which means you need car insurance to avoid fines or driver’s licence suspensions.
Worse still, if you get convicted of driving without insurance, you’ll get higher premiums from carriers. This makes driving again prohibitively expensive or even nearly impossible after being caught driving without insurance. That’s why getting auto insurance is essential before buying a car or driving in Collingwood.
Here’s a breakdown of the key elements of your auto insurance policy:
How Your Car Insurance Quotes Are Calculated in Collingwood
Your car insurance rates are calculated based on how risky you are to insure. Naturally, drivers more likely to get into accidents will have higher premiums than those less likely to be in an accident.
Here are seven factors that influence your Collingwood car insurance quotes:
Most & Least Expensive Postal Codes in Collingwood
The average car insurance in Collingwood costs $1,213. It’s $172 lower than Ontario’s provincial average. Collingwood only has one postal code, so there are no “most expensive” or “least expensive” postal codes for car insurance in Collingwood.
Here’s a breakdown of Collingwood’s car insurance rates based on postal code:
| Postal code | Average annual car insurance premium |
|---|---|
| L9Y | $1,213 |
Car Insurance Cost in Collingwood by Age
Age is a major driving factor in whether you can expect higher insurance premiums. Generally, the idea is that older drivers have more experience and are thus more likely to be responsible and capable of avoiding accidents.
Drivers under the age of 25 can expect higher insurance premiums, while those in their 50s and 60s can expect the lowest insurance rates. However, once you reach a certain age, your premium rates start to rise again – usually when you reach the age of 65 or become a senior citizen.
Based on studies, 75-year-old male drivers pay 21% more for auto insurance than 55-year-old male drivers. This is because as people get older, they go through physical changes that can affect their driving ability, such as changes in vision, attention, fitness, and reaction time.
Take a look at how much car insurance costs can vary by age in Collingwood:
| Age | Average Annual Car Insurance Rate | Annual Savings with MyChoice |
|---|---|---|
| 18 – 20 | $4,234.02 | $842.15 |
| 21 – 24 | $2,419.44 | $481.23 |
| 25 – 34 | $1,612.96 | $320.82 |
| 35 – 44 | $1,186.00 | $235.90 |
| 45 – 54 | $972.52 | $193.43 |
| 55 – 64 | $826.64 | $164.42 |
| 65+ | $942.37 | $187.44 |
Car Insurance Cost in Collingwood by Driving History
Take a look below at how car insurance quotes vary by violation in Collingwood:
All estimated rates are based on a 35-year-old female driving a 2018 Honda Civic four-door.
Your driving record plays a major role in determining the cost of your insurance premiums. Insurance companies will usually request the following:
- Demerit point total
- Any convictions, suspensions, and reinstatements under the Highway Traffic Act and Criminal Code of Canada
- Records of collisions
- Any driver’s license replacements/renewals
A clean driving record will help you get lower premiums, while a record laden with violations will get you tagged as a high-risk driver and cause insurance companies to charge you more.
In Ontario, driving violations remain on your record for two years, but they can affect your premium rates for far longer.
Other Factors That Affect Car Insurance Prices in Collingwood
We’ve covered several factors that influence car insurance rates in Collingwood. Aside from those, several extra factors play a part in determining your Collingwood auto insurance premiums:
The Best Car Insurance Brokerages in Collingwood
Car insurance brokers help you choose the right auto insurance policy by answering your questions and comparing policy offers.
Here are several brokers in Collingwood that you can contact for extra assistance when seeking car insurance:
| Brokerage | Address | Phone number |
|---|---|---|
| Insurance Store | 1 Hume St Suite 105, Collingwood, ON L9Y 0X3, Canada | +17054454738 |
| CMR Insurance Brokers Ltd | 192 First St, Collingwood, ON L9Y 1A7, Canada | +17054438388 |
| Karen Logan-Hartle Desjardins Insurance Agent | 285 Ste Marie St Ste 1, Collingwood, ON L9Y 3K6, Canada | +17054441494 |
| Co-operators – WD Redick & Associates Inc | 47 Ste Marie St, Collingwood, ON L9Y 3J9, Canada | +17054450301 |
Driving in Collingwood
If you’re driving in a city or town, it helps to know the key facts about your location. Here are some key facts about driving in Collingwood you should know:
- Major highways in Collingwood: 26
- Public transit options: Colltrans (bus)
- Ridesharing services: Uber, SuperShuttle
- Parking space providers: The Town of Collingwood, private lots
- Top tourist attractions: Collingwood Museum, Sunset Point Park, Collingwood Arboretum, St. Mary’s Roman Catholic Church
- Busy intersections: Fourth and Hurontario, Grey Road 19 and 21, First and Hurontario and Huron
- Airports: Collingwood Airport
Main Mode of Commuting in Collingwood
Since it’s a small town, commute times in Collingwood are generally short. Here’s a detailed look at the commuter data in Collingwood:
- Average commute distance: The average Collingwood resident travels x km to their workplace or school.
- Commute duration: Over half (54.7%) of Collingwood’s households spend under 15 minutes on their commutes. The second-largest portion (22,7%) of households spend 15 to 29 minutes getting to work.
- Main mode of commuting: Personal vehicles are the most popular way to travel in Collingwood, with 86.8% of households using them. Interestingly, nearly six times more people prefer to walk to work than take public transit.
Driving Conditions in Collingwood
Various weather and driving conditions like snow and rain can affect your auto insurance premiums. Here’s an overview of driving conditions in Collingwood:
- Average annual rainfall: 101 mm
- Average annual snowfall: 131 mm
- Rainy days per year: 133
- Rainiest month in Collingwood: October
- Driest months in Collingwood: February
- Snow days per year: 53
Snowfall months in Collingwood: October-May
Traffic in Collingwood
Collingwood is a charming small town known for its heritage and culinary community. Whether you’re in Collingwood as a resident or as a visitor, it helps to understand more about traffic in the town.
Here’s a quick look at the key traffic statistics in Collingwood:
- Population: 24,811 people live within Collingwood’s city limits.
- City area: Collingwood’s city area spans 33.15 km2.
- Busiest highways: Highway 26 that runs between Owen Sound and Barrie passes through Collingwood.
Collingwood Car Insurance FAQs
Is ridesharing insurance available in Collingwood?
Ridesharing insurance for Uber and Lyft drivers is available in Collingwood. Ask your insurer for more details.
How much does Collingwood car insurance cost?
Collingwood car insurance costs $1,213/year, $172 under Ontario’s provincial average.
Is car insurance cheaper in Collingwood than in Toronto?
Car insurance in Collingwood is cheaper than in Toronto. There’s a $583 difference between the two cities’ average auto insurance rates.
What are the best car insurance companies in Collingwood?
The best car insurance company in Collingwood depends on what you want out of your policy and your budget. Use My Choice to compare insurance companies and find the right one for you.
Who has the cheapest auto insurance in Collingwood?
The cheapest auto insurance provider in Collingwood also depends on what types of coverage you choose. You can skip optional coverage to drive your rates down and save money.
Which cars get the lowest car insurance premiums in Collingwood?
Our research shows that at $126/month, Fiats are the cheapest cars to insure in Collingwood.
Why should you compare car insurance rates in Collingwood?
You should compare car insurance rates in Collingwood because different insurers provide different coverage at different prices. Comparing rates help you choose which policy has the best value.
What information do you need for an auto insurance quote in Collingwood?
You need to provide basic personal details and vehicle information like production year, make, and model to get a basic auto insurance quote. You can get more accurate quotes by disclosing extra information, like your driving record and past traffic violations.
How do you find affordable car insurance for students in Collingwood, Ontario?
There’s no affordable car insurance for students in Collingwood, but students can be listed as a driver in their parent’s insurance policy. This way, they don’t have to spend money paying for their own policy.
Which auto insurance is the best for young drivers in Collingwood?
The best auto insurance for young drivers in Collingwood should be the one that gives ample protection at a reasonable cost.