How Can You Get Cheap Car Insurance in Stratford?
You can get cheap Stratford car insurance by finding the best deals. Here are several tips to help you do so:
Who Provides Car Insurance Quotes in Stratford?
Insurance brokers, agents, aggregators, and direct writers provide car insurance quotes in Stratford. Here’s an overview of these four insurance quote providers:
How Does Car Insurance Work in Stratford?
Car insurance in Stratford works by providing financial coverage in case something bad happens to you or your car, depending on the protection you choose. Auto insurance in Stratford 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 Stratford.
Here’s a breakdown of the key elements of your auto insurance policy:
How Your Car Insurance Quotes Are Calculated in Stratford
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 Stratford car insurance quotes:
Most Expensive Postal Codes in Stratford
Stratford has affordable car insurance rates by Ontario standards. At $1,152/year, Stratford’s average car insurance rate is $233 lower than Ontario’s provincial average. However, that doesn’t mean all of Stratford has similar car insurance rates. The postal code N5A has a higher-than-average car insurance rate, which may be caused by higher traffic density, higher likelihood of accidents, and many other factors.
Here’s a breakdown of the most expensive postal codes for auto insurance in Stratford:
| Postal Code | Average Annual Car Insurance Rate |
|---|---|
| N5A | $1,154 |
Least Expensive Postal Codes in Stratford
Meanwhile, the postal code N4Z has a below-average annual car insurance rate. The lower average rate may result from a lower traffic density or many other factors.
Here’s an overview of the cheapest areas for auto insurance in Stratford:
| Postal Code | Average Annual Car Insurance Rate |
|---|---|
| N4Z | $1,151 |
Car Insurance Cost in Stratford 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 Stratford:
| Age | Average Annual Car Insurance Rate | Annual Savings with MyChoice |
|---|---|---|
| 18 – 20 | $4,112.64 | $818.00 |
| 21 – 24 | $2,350.08 | $467.43 |
| 25 – 34 | $1,566.72 | $311.62 |
| 35 – 44 | $1,152.00 | $229.13 |
| 45 – 54 | $944.64 | $187.89 |
| 55 – 64 | $802.94 | $159.71 |
| 65+ | $915.36 | $182.06 |
Car Insurance Cost in Stratford by Driving History
Take a look below at how car insurance quotes vary by violation in Stratford:
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 Stratford
We’ve covered several factors that influence car insurance rates in Stratford. Aside from those, several extra factors play a part in determining your Stratford auto insurance premiums:
The Best Car Insurance Brokerages in Stratford
Car insurance brokers help you choose the right auto insurance policy by answering your questions and comparing policy offers.
Here are several brokers in Stratford that you can contact for extra assistance when seeking car insurance:
| Brokerage | Address | Phone number |
|---|---|---|
| Co-operators – Peter Maranger & Associates Inc | 204 Huron St, Stratford, ON N5A 5S8, Canada | +15192722667 |
| Corey Goebel Desjardins Insurance Agent | 169 Erie St, Stratford, ON N5A 2M6, Canada | +15193054555 |
| BrokerLink | 603 Huron St, Stratford, ON N5A 5T8, Canada | +15192711840 |
Driving in Stratford
Planning to move to or visit Sault Ste. Marie? It helps to know more about driving in the area. Here are some key facts about driving in Sault Ste. Marie you should know:
- Major highways in Stratford: 401
- Public transit options: Stratford Transit (bus)
- Ridesharing services: SuperShuttle
- Parking space providers: The City of Stratford, private lots
- Top tourist attractions: Avon Theater, The Stratford Perth Museum, Shakespearean Gardens, Upper Queen’s Park
- Busy intersections: Church and Cambria, Erie and West Gore
- Airports: Stratford Municipal Airport
Main Mode of Commuting in Stratford
Knowing more about the commuting statistics in a city or town helps you get to work on time. Here’s a detailed look at the commuter data in Stratford:
- Average commute distance: The average Stratford resident travels x km to their workplace or school.
- Commute duration: Commutes in Stratford are generally short, with 62.6% of households spending under 15 minutes on their commutes. On the other end of the scale, only 4.3% of households spend over an hour commuting.
- Main mode of commuting: Personal vehicles are by far the most popular mode of commuting in Stratford, with an 87% share of households. Walking comes in second with a 7.2% share or 890 households.
Driving Conditions in Stratford
Various weather and driving conditions like snow and rain can affect your auto insurance premiums. Here’s an overview of driving conditions in Stratford:
- Average annual rainfall: 86 mm
- Average annual snowfall: 76 mm
- Rainy days per year: 113
- Rainiest month in Stratford: June
- Driest months in Stratford: January
- Snow days per year: 113
Snowfall months in Stratford: November-April
Traffic in Stratford
Stratford is best known as a farming and dairying community. However, it’s also known for the annual Stratford Festival, where many Shakespearean plays are performed between April and October. During these periods, there may be more people driving in Stratford due to people attending the festival.
Here’s a quick look at the key traffic statistics in Stratford:
- Population: 33,232 people live within Stratford’s city limits.
- City area: Stratford’s city area spans 30.02 km2.
- Busiest highways: Stratford is connected to London and Windsor to the west and Toronto to the east by Highway 401.
Stratford Car Insurance FAQs
Is ridesharing insurance available in Stratford?
Ridesharing insurance for Uber and Lyft drivers is available in Stratford. Ask your insurer for more details.
How much does Stratford car insurance cost?
Stratford car insurance costs $1,152/year, $233 under Ontario’s provincial average.
Is car insurance cheaper in Stratford than in Toronto?
Car insurance in Stratford is cheaper than in Toronto. There’s a $644 difference between the two cities’ average auto insurance rates.
What are the best car insurance companies in Stratford?
The best car insurance company in Stratford 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 Stratford?
The cheapest auto insurance provider in Stratford 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 Stratford?
Our research shows that at $126/month, Fiats are the cheapest cars to insure in Stratford.
Why should you compare car insurance rates in Stratford?
You should compare car insurance rates in Stratford 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 Stratford?
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 Stratford, Ontario?
There’s no affordable car insurance for students in Stratford, 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 Stratford?
The best auto insurance for young drivers in Stratford should be the one that gives ample protection at a reasonable cost.