5 Easy ways to lower your auto insurance premium

With CAA Auto Insurance, you can start saving more on your car insurance premiums today. Here are five effective strategies to help you get started!

Change your policy from daily use to pleasure use

If your current policy is for daily use, it means you're driving frequently, which results in higher rates. However, if your driving frequency has decreased, you might qualify for the pleasure use option, leading to reduced premiums due to lower usage.

Adjust your coverage and/or deductible amount

Lowering your coverage can decrease your rate, as can slightly raise your deductible. If you’re not driving often, the trade-off may be worth it. Be sure to consult with a licensed Insurance Agent to determine if this option suits your needs.

Bundle your auto and home insurance

If you’re insured with CAA, combining your auto and home insurance can save you up to 22.5%* on the total cost.

Maximize the benefits of your CAA Membership

While CAA Membership isn’t required to obtain CAA Auto Insurance, members enjoy savings of up to 20% on auto insurance and access to many additional perks and benefits.

Switch to CAA MyPace® pay-as-you-go insurance

This cost-effective payment plan charges a base rate and allows you to purchase coverage in 1,000-km increments. If you're driving infrequently, this option may be ideal. With savings typically around 50% compared to traditional insurance rates, it could be worth switching—even if it means incurring penalties.

For example:

• If you currently pay $3,000 for home and auto insurance with CAA, you could save $300.
• If your CAA Auto Insurance premium is $1,600, you would save $160.
• As a CAA MyPace driver, you're already saving 40% compared to a traditional policy. If you're paying $1,000 annually based on your mileage, you would save an additional $100.

 Be sure to evaluate all your options when looking for ways to save on insurance. To receive your complimentary policy review, contact a licensed CAA Insurance Agent.

*When bundling auto and home insurance with CAA Insurance Company, you receive up to 12.5% off property insurance and 10% off auto insurance.

**Examples based on hypothetical situations. Your savings may be higher or lower. Please contact your Agent or Broker to confirm your individual savings amount. 

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