CALGARY � June 21, 2012 � Over 18,000 new cars were sold in Alberta in 2011.[i] 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 Albertan car shoppers use its new online quote tool to easily assess the cost of a vehicle’s insurance and quickly compare it for each vehicle they are considering.
“We wanted to make finding and shopping for the right insurance easier for something that is often one of the biggest purchases someone makes � a vehicle,” says Amy Woods, spokesperson for Allstate Canada. “Albertans are very active Internet users[ii] and often use it to research purchases, so why not research all aspects of the purchase, including what the potential insurance premiums might be, to avoid big surprises and going over budget.”
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 personalized estimate. Allstate first piloted this online quoting tool in Quebec in late 2011 and has seen online quote completion rates increase by 48.8 per cent in that province.
To get an online auto insurance estimate, go to www.allstate.ca, and enter your postal code in the �Start a Quote’ section.
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;
- Themodel 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. 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/En/Products/Auto/FAQs.
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.