How Can You Get Cheap Car Insurance in Orangeville?
You can get cheap Orangeville car insurance by finding the best deals. Here are several tips to help you do so:
Compare Rates Between Insurers
Orangeville has a highly competitive auto insurance market, so insurers are constantly vying for your business. When insurers try to give you the best deals, it’s you who wins. Compare rates and shop around to see which insurance provider fits your auto protection needs affordably.
Take Bundled Policies
One of the best ways to save money while shopping is to buy a package deal, and insurance is no different. If you bundle home and auto insurance from the same company, you’re much more likely to get lower rates.
Ask For A Higher Deductible
You must pay a deductible on insurance claims before your carrier covers the remaining expenses. A higher deductible means paying extra if something happens to your car, but it also means you’ll get lower insurance premiums.
Request Group Discounts
Many insurance companies deal in group discounts for companies and other organizations. If you’re shopping for auto insurance in Orangeville for work, ask your agent about group deals and discounts.
Pay Annual Premiums
Paying annual insurance premiums might look expensive initially, but it’s generally cheaper than paying them monthly. Ask your insurers about half-year premiums if you can’t afford annual premiums.
Motor vehicle offences and accidents stay on your record for years. Unfortunately, any driving violation on your record will considerably increase your insurance rates. However, this also means you’ll get lower auto insurance rates if you have no offences on record.
Consider Taking Usage-Based Insurance
Usage-based insurance (UBI) or pay-as-you-go insurance tracks your driving behaviour to determine how much you must pay for insurance. Taking UBI lets you save up to 30% on your annual premiums, so it’s a good option if you consider yourself a safe driver.
Take Driving Courses
Accredited driving lessons make you a safer driver and let you earn discounts on auto insurance in Orangeville.
Choose the Coverage You Need
Naturally, more insurance protection leads to higher rates. While some auto insurance coverage is mandatory, you have optional insurance coverage like at-fault accident and theft protection. Review your policy and skip unnecessary optional coverage to save on insurance premiums.
Buy Affordable Cars
Cars that are expensive and hard to replace tend to get hit with higher premiums. If possible, buy affordable and reliable cars that are more common and easy to repair or replace if you want lower insurance rates.
Quick Facts About Auto Insurance in Orangeville
- Orangeville car insurance is MORE expensive than the Ontario average.
- The average annual car insurance cost in Orangeville for a driver with a clean record is around $1,593.
- Drivers without a clean record in Orangeville can pay up to $3,511 annually, depending on factors like driving and claim history.
- Comparing Orangeville auto insurance quotes with MyChoice can save you up to $1131 annually
Who Provides Car Insurance Quotes in Orangeville?
Insurance brokers, agents, aggregators, and direct writers provide car insurance quotes in Orangeville. Here’s an overview of these four insurance quote providers:
Insurance brokers are independent professionals who help you shop for the best rates by comparing deals from multiple insurers. Because they have a bird’s-eye view of the current Orangeville insurance landscape, they can show you which companies offer the best insurance deals and answer any questions you may have.
Brokers take a commission from insurance companies, which could increase your rates. You might spend more money than if you had found an insurer yourself.
Like insurance agents, direct writers only sell insurance products from one company. Direct writers are typically found online and are cheaper because they don’t have physical offices.
Insurance agents work for a certain insurer, so they can only offer their employer’s insurance products. However, they know their insurer like the back of their hands and might even give you discounts that brokers don’t have access to.
Additionally, insurance agents can close insurance sales independently, meaning you can purchase insurance from them right then and there.
An insurance aggregator website like MyChoice compiles rates from various insurance brokers, companies, and direct writers in one place. You can browse aggregator websites to find the best deals from the top insurance companies and get quotes instantly.
Better yet, insurance aggregators are accessible online and entirely free for customers, so you can look up insurance rates without spending a single penny or leaving the house.
How Does Car Insurance Work in Orangeville ?
Car insurance in Orangeville works by providing financial coverage in case something bad happens to you or your car, depending on the protection you choose. Auto insurance in Orangeville 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 Orangeville .
Here’s a breakdown of the key elements of your auto insurance policy:
The mandatory car insurance requirement for Orangeville drivers are:
Third-Party Liability (TPL) Coverage
This insurance component provides financial compensation if you cause an accident that results in car damage or somebody getting hurt or killed. Per Financial Services Commission of Ontario (FSCO) regulations, you need at least $200,000 in TPL coverage.
Statutory Accident Benefits Coverage
This insurance component pays for your medical bills, rehabilitation, and possible funeral expenses if you get hurt or killed in a car accident, regardless of who’s at fault. Accident benefits coverage also offers income replacement worth 70% of your gross income, capped at $400 per week.
Uninsured Automobile Insurance
Uninsured automobile insurance covers your medical bills and funeral expenses if you’re struck by uninsured vehicles or hit-and-run drivers. Additionally, it compensates for vehicular damage caused by uninsured drivers.
Direct Compensation – Property Damage (DC-PD) Insurance
DC-PD insurance compensates you for the damage other drivers cause in an accident. However, DC-PD only kicks in if the other person is at fault, they’re also insured, and the accident takes place in Orangeville.
Since minimum car insurance only goes so far, we’ve got some extra Orangeville car insurance recommendations for you:
Extra TPL Coverage
The mandatory $200,000 insurance minimum can be too small, so many drivers choose to get coverage up to $2 million if they cause property damage or hurt somebody in an accident.
Additional Statutory Accident Benefits
Many people get additional coverage for medical bills and funeral expenses in their statutory accident coverage. You can also get extra income replacement protection if 70% income capped at $400 a week seems too limited.
More Comprehensive Property Damage Protection
DC-PD coverage has very specific coverage terms like the other driver also needs to be insured, and the accident must occur in Orangeville. To cover their bases, many people purchase extra insurance that still protects them even when the other driver is uninsured, and the accident happens in other provinces.
In addition to mandatory insurance coverage outlined by the FSCO, you can take optional insurance coverage like:
Specified Perils Protection
Specified perils insurance coverage protects you from loss or damage due to a specific cause. The most common perils insured are:
Many insurers also offer comprehensive auto insurance in Orangeville if you want protection from all these perils.
Insurers usually raise your premiums if you’re at fault for causing an accident. If you’ve been a safe driver for several years, you can take extra accident forgiveness coverage so you won’t get higher premiums if you cause an accident. Note that accident forgiveness only works on your first accident, and subsequent violations will still raise your rates.
Limited Depreciation Waiver
If you take a limited waiver of depreciation, you can receive your car’s purchase price as compensation if it’s been stolen or deemed a total loss after an accident.
How Your Car Insurance Quotes Are Calculated in Orangeville
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 Orangeville car insurance quotes:
Age, Gender, and Marital Status
Your personal demographics influence auto insurance premiums in Orangeville because different people have varying accident risks.
Younger people tend to get higher premiums because insurance companies see them as more accident-prone than older people. Generally, your car insurance rates start decreasing when you hit 25 years old as long as you keep a safe driving record. However, insurance premiums increase again for people aged 65 and older because they’re more likely to be injured or killed in traffic accidents.
Women often get lower insurance rates because they’re seen as more careful drivers and don’t take as many risks as men.
Marital status also determines your rates because most insurance companies see married people as more financially stable and less-risky drivers. Married couples also tend to bundle home and auto insurance, saving more on premiums.
People who live in urban areas often see higher insurance premiums because they’re more prone to car accidents and theft.
Car Make and Model
Expensive cars are more costly to repair or replace, so insurance premiums are usually higher than more common vehicles. You can install security features like anti-theft devices if you have an expensive car and want to save on insurance premiums.
People who drive safely are rewarded with lower premiums because they’re usually less likely to get into a traffic accident. Conversely, people who have gotten into multiple accidents get higher premiums because they’re more likely to be involved in another accident down the line.
Logic dictates that people who drive frequently are more likely to get in an accident. Therefore, kilometres driven is one of the determining factors that set your Orangeville auto insurance rates.
Insurance Coverage Chosen
Your coverage options influence your insurance rates because taking more coverage gives you more protection. Naturally, the more coverage you choose, the higher your rates.
Getting discounts can lower your auto insurance rates and make them more affordable. You can typically get discounts by bundling home and auto insurance or asking for a group discount for your workplace or organization.
Most Expensive Postal Codes in Orangeville
The average rate for auto insurance in Orangeville, ON is $1,593. It’s over $200 more expensive than the provincial rate in Ontario, which is $1,385.
Orangeville is among the most expensive towns and cities to purchase auto insurance in the province. This is likely due to its proximity to Toronto, the busiest city in Ontario, where people from Orangeville commute to and from.
L9W is the most expensive postal code in Orangeville, and here’s a look at auto insurance prices there:
|Postal Code||Average Annual Car Insurance Premium|
Least Expensive Postal Codes in Orangeville
Dense urban areas often have higher claim rates than more rural areas. As such, those living in urban neighbourhoods are more likely to see higher auto insurance rates. Moreover, Orangeville only has one postal code, so there are no places where auto insurance prices are below the city average.
Car Insurance Cost in Orangeville by Age
Under 25 and looking to hit the road? You might want to buckle up for higher auto insurance premiums. Less experienced drivers can often make more mistakes on the roads. As such, insurance providers tend to put a steeper price tag on coverage for young drivers.
Insurance rates drop once you hit 25 but rise again around the age of 65. This is likely because seniors face greater risks when it comes to serious traffic accidents.
Take a look at how car insurance rates vary by age in Orangeville:
|Age||Average annual insurance cost||Average savings with MyChoice|
Car Insurance Cost in Orangeville by Driving History
A clean driving record is often the key to favourable car insurance premiums, but if you have a few notches on your record, an auto insurer may consider you a high-risk driver.
Unfortunately, while traffic citations and demerit points only stay on your record for two years in Ontario, auto insurers can take these into account for up to 10 years.
Here’s a brief overview of how driving history affects auto insurance rates in Orangeville, ON:
|Driving violation||Average annual car insurance rate|
|Clean driving record||$1,593|
|Insurance cancellation due to non-payment||$2,613|
|Licence suspension for alcohol-related offences||$1,909|
Other Factors That Affect Car Insurance Prices in Orangeville
We’ve covered several factors that influence car insurance rates in Orangeville. Aside from those, several extra factors play a part in determining your Orangeville auto insurance premiums:
Vehicle Model Accident Rates
Some cars are just more accident-prone than others. Even if you have a spotless driving record, owning a car model infamous for having high accident rates will increase your insurance premiums.
Naturally, older cars are more expensive to insure because they may not have all the safety features of newer vehicles. If you insist on driving a vintage car everywhere, make sure you can pay the insurance premiums.
Vehicle Repair Costs
The harder it is to repair a car, the more expensive it is to insure. You can expect high insurance premiums on luxury cars and foreign cars that don’t have a large dealership or service centre presence in Canada.
Vehicle Primary Usage and Annual Mileage
You may spend more or less time on the road depending on what you use the car for. Car usage influences insurance rates – generally, the more you use it, the higher your premiums. For instance, insurance premiums on a car you use as an Uber will be higher than on a car you almost exclusively take on weekend cruises.
A good way to measure how much somebody uses a car is by its annual mileage. If your car has low annual mileage, insurers may determine that this car is low-risk and thus grant you more affordable insurance rates.
Local Crime Rates
Living in high-crime areas means your car is at higher risk of being stolen or vandalized. If you live in an area where theft or vandalism often occurs, you may get higher car insurance rates.
Past Insurance Claims
Any auto insurance claims will drive your premiums up, regardless of who’s at fault. If you make many insurance claims, the insurer will see you as a high-risk policyholder and give you higher rates.
Many insurance companies reward long-term customers with discounted rates. If you’ve been a policyholder at the same insurance company for several years, ask for a rate reduction or discount when you renew your policy.
The Best Car Insurance Brokerages in Orangeville
With the vast array of insurance companies and products available, securing coverage that best suits your needs can be time-consuming. A savvy insurance broker with expertise in navigating these complexities can make all the difference.
Here are some of the best insurance brokerages in Orangeville. Feel free to reach out to one for any questions you have and assistance you need:
|Absolute Insurance Brokers||71 5th Ave, Orangeville|
ON L9W 1G3, Canada
|Orangeville Insurance Services Limited||11 Mill St, Orangeville|
ON L9W 2M2, Canada
|Pirie & Burgess Insurance Brokers Inc||81 Broadway, Orangeville|
ON L9W 1K1, Canada
Driving in Orangeville
The small town of Orangeville is home to roughly 30,000 people, many of whom commute to the Greater Toronto Area daily. Orangeville is about an hour’s drive from Toronto. But while many residents head out to the big city for work, hundreds of people from surrounding areas come into town to enjoy the range of arts, culture, and outdoor activities that Orangeville has to offer.
Learn more about driving and commuting in Orangeville below:
- Major highways: Highway 10, Highway 9
- Public transit options: Orangeville Transit (bus)
- Ridesharing services: Uber
- Parking space providers: The Town of Orangeville, private lots
- Top tourist attractions: Downtown Broadway, Opera House, Art Walk of Tree Sculptures, Island Lake Conservation Area, Museum of Dufferin, Mono Cliffs Provincial Park, the Orangeville Farmers Market, Kay Cee Gardens, Dragonfly Park
- Busy intersections: Trafalgar Road and Derry Road, Broadway and First Street
- Airports: Toronto Pearson International Airport
Main Mode of Commuting in Orangeville
Orangeville is a commuter town thanks to its proximity to the Greater Toronto Area, so most of its residents rely on cars to get to work. Cars top the chart as Orangeville’s most popular commuting method with 91.2%, while public transit comes in at a distant second at 3.7%. Here’s a detailed look at the main modes of commuting in Orangeville:
|Main mode of commuting||Counts||Rates|
|Total – 25% Sample Size||39,235||100.0|
|Car, truck or van||35,790||91.2%|
|Car, truck or van – as a driver||33,035||84.2%|
|Car, truck or van – as a passenger||2,760||7.0%|
Commuting Duration in Orangeville
Many people in Orangeville travel to the GTA for work, so commute times can be a little bit higher than towns outside the area. Over a quarter of Orangeville’s commuters spend 30 to 44 minutes getting to work, while another quarter take 15 to 29 minutes. Check the table below for more details on Orangeville’s commute times:
|Total – 25% Sample Size||39,235||100.0|
|Less than 15 minutes||9,335||23.8%|
|15 to 29 minutes||10,260||26.2%|
|30 to 44 minutes||10,840||27.6%|
|45 to 59 minutes||4,350||11.1%|
|60 minutes and over||4,455||11.4%|
Driving Conditions in Orangeville
Orangeville gets an average of 18 days of snowfall during its snowiest month, January. During winter, many roads in Orangeville are closed off due to poor visibility, slick roadways, felled trees, and other hazards. Winter tires are essential.
Here are some fast facts about driving conditions in Orangeville:
- Average daily commute time: 62 minutes round trip
- Average annual rainfall: 667 mm
- Average annual snowfall: 845 mm
- Rainy days per year: 152.4 days
- Rainiest month in Orangeville: October
- Driest months in Orangeville: February
- Snow days per year: 82.2 days
- Snowfall months in Orangeville: January – May, October – December
Traffic in Orangeville
Orangeville’s proximity to the GTA makes it a commuter town. Most residents are reliant on their cars to commute to and from work. Traffic can build up on weekdays, particularly during rush hour.
During the winter season, winter sports enthusiasts head up to the area for some skiing and snowboarding too. Expect light tourist traffic on weekends.
Here are some facts about traffic in Orangeville:
- Population: 30,167 people live within Orangeville’s city limits.
- Town area: Orangeville’s city limits span 15.61 km2.
- Busiest highways: Orangeville’s busiest highways are X.
- Time spent in traffic annually: The average Orangeville resident spends roughly X minutes in traffic each year.
The Most Common Questions About Car Insurance in Orangeville
Is ridesharing insurance available in Orangeville?
Ridesharing insurance is available throughout Ontario, which Orangeville is a part of. Drivers who use their vehicles for commercial purposes are required to purchase ridesharing insurance beforehand.
How much does Orangeville car insurance cost?
Orangeville car insurance, on average, costs $1,593/year.
Is car insurance cheaper in Orangeville than in Toronto?
Car insurance is cheaper in Orangeville than in Toronto. The average rate for auto insurance in Orangeville is $1,593, while in Toronto it is $1,796.