Is getting Car Insurance in Oakville bothering your mind? Oakville is an upscale suburb with mild temperatures and a high-income population. With over 196,722 residents, the lakeside city is the 7th best place to live in Canada. Oakville has a low crime rate, cultural scene, arts, and prestigious private and public schools, making the city the perfect place for family and professionals.
Is car insurance mandated in Oakville?
Yes, all car owners must purchase car insurance in Oakville and all of Ontario.
Does the location of a home affect car insurance rates?
The insurance company considers the location of the car owner when calculating the insurance premium. However, the car owner should not move because of this, there are steps they can take to reduce the insurance premium. These steps include-taking driver’s education courses and bundling the home and car policy.
When is the right time to buy car insurance?
It is advisable to shop for auto insurance at least every year to see the different rates available. If the driver has a good driving record, it can be the best time to purchase a good car insurance policy. When a driver is involved in a car accident, it’s wise to wait before shopping around for car insurance.
Does a parking ticket negatively affect the insurance rate?
A parking ticket cannot affect the insurance rate,however, if you have a lot of unpaid tickets, the insurance company will see that habit as careless and untrustworthy, and it could affect the insurance rate they will offer the car owner.