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Avoid insurance surprises, Allstate Canada recommends researching auto quotes before buying the car

MONTREAL — March 21, 2012 — Almost 36,000 new cars were sold in Quebec in 2011.1 Since the model of a car affects a driver’s insurance rate, car insurance is an important factor to consider and budget for when buying a car or truck. Whether purchasing new or used, Allstate Insurance Company of Canada recommends Quebec car shoppers use its new online quote tool, currently available only to Quebec residents, to easily assess the cost of a vehicle’s insurance and quickly compare it for each vehicle they are considering.

 

“A car or a truck is an expensive item, so calculating possible auto insurance premiums when researching what to buy means a more informed decision to avoid big surprises and going over budget,” says Antoine Letourneau, spokesperson for Allstate Canada. “Getting an online insurance quote can often be complicated, but Allstate Canada’s online quote tool provides an initial range in only five questions, with the option of spending a little bit longer to get a more specific estimate,” says Letourneau.

 

To get an online auto insurance estimate, go to www.allstate.ca.

 

What goes into determining car insurance rates? Each insurance provider calculates premiums differently, but typically policies account for these five factors:

  • Age of driver;

  • Where the driver lives;

  • The model of vehicle, though not the colour;

  • How far (in kilometres) the car is driven daily;

  • Driving record and the number of any additional drivers using the car.

 

What the policy covers is another important cost factor. In Quebec, drivers can choose if they want to have comprehensive and collision insurance to pay for damage to their car, in addition.

 

1 Statistics Canada, “New Motor Vehicle Sales”, http://www.statcan.gc.ca/daily-quotidien/120214/t120214a1-eng.htm 

to the liability coverage they must have. A policy with more types of coverage will have higher premiums than one with just the minimum required by the province.

 

Most auto insurance companies, like Allstate Canada, offer reduced insurance rates when insuring multiple vehicles on the same policy or if there are other policies with the same insurance provider such as home and tenant insurance. Allstate Canada offers more tips on how to save on car insurance here.

 

For more information about common auto insurance questions, please visit, www.allstate.ca/webpages/auto-insurance/auto-faq.

 

About Allstate Insurance Company of Canada

Allstate Insurance Company of Canada is one of Canada’s leading producers and distributors of home and auto insurance products. "The Good Hands Network®" enables consumers to contact Allstate Canada through one of 92 community-based Agencies, directly online at www.allstate.ca and through the Customer Contact Centre at 1-800-Allstate. Allstate Canada is committed to making a positive difference in the communities in which it operates and has partnered with organizations such as Mothers Against Drunk Driving (MADD Canada), Crime Stoppers, United Way and Junior Achievement. In 2010, Allstate Canada, in partnership with the National Hockey League Players’ Association (NHLPA), created the Allstate All-Canadians program, a mentorship program designed to guide the next generation of Canada’s hockey youth. Learn more about this program at www.allcanadians.com. To learn more about Allstate Canada, visit www.goodhandsadvice.ca or www.allstate.ca.

 

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