Are older cars cheaper to insurance in Ontario?
There are a variety of factors that can cause older vehicles to be less expensive to insure. Older vehicles often have fewer sensors and less modern features that are less expensive to replace which can help the insurance rates to be cheaper. Keep in mind however, that newer vehicles often have better safety ratings which help reduce the personal injury portion of the policy. Some chose to purchase an older vehicle and waive the own damage coverage. Self-insuring for this part of the policy is allowed in Ontario and can help get cheaper auto insurance.
If you are debating between a newer or older vehicle purchase, feel free to contact me so I can find out what is your cheaper option. Your other option is to take a few minutes to get a car insurance quote by clicking the link below.
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I have my car insurance with Tradition Mutual Insurance and am very pleased with the rates as well as the service I have experienced. Kyle will be sure to provide you with excellent customer service answering any question you may have thoroughly and honestly. He has excellent communication skills and does well to ensure that your insurance needs are met and exceeded.
Kyle found me a much better fit for my auto insurance for a cheaper price and was very easy and pleasant to work with! Kyle was very prompt and responsive and never pushy or sales-y. Super great to work with!"
More than the cheapest car insurance but the best customer service and claim experiences you will find in Ontario, Canada