How to Get an Online Auto Quote for Car Insurance | HWICLICK
Car insurance is a necessity for every vehicle owner. Not only is it a legal requirement, but it also serves as a financial safety net and protects both you and other road users. In this article, we will explore the importance of car insurance, the different types of coverage available, and how to get an online auto quote with HWIClick to save time and money.
Legal Requirement: Why Car Insurance is Mandatory
In Saskatchewan, basic auto insurance, also known as vehicle plate registration, is mandatory. The government enforces programs like the Saskatchewan Auto Fund to ensure that all registered vehicles have a basic level of coverage. Failing to have valid auto insurance/plate registration can result in fines, license suspension, and even legal consequences. Therefore, it is crucial to abide by the law and maintain auto insurance coverage to protect yourself and others.
Financial Protection: Safeguarding Your Finances
Accidents can happen unexpectedly, and the costs associated with repairs, medical bills, and legal fees can be staggering. Car insurance serves as a financial safety net, ensuring that you won’t be personally responsible for these expenses in an accident. Instead, your insurer will cover the costs, helping you avoid financial ruin.
Protection for Others: Ensuring Community Safety
Car insurance not only benefits you but also protects other road users. If you are at fault in an accident, your insurance will cover the damage you cause to others’ vehicles or public property and any injuries individuals may sustain. This not only ensures that innocent victims receive compensation for their losses but also helps maintain the peace and safety of your community. By having car insurance, you are taking responsibility for your actions on the road.
Understanding the Different Types of Car Insurance Coverage
When it comes to car insurance, there are two types of coverage available.
Plate Registration Insurance: When you register a vehicle, you pay a flat registration fee, which includes basic insurance on your plates. This coverage is mandatory to operate your vehicle on the road and typically includes protection for damage to your vehicle, personal injury insurance, and liability insurance for damage or injury caused to others.
Personal Auto Insurance or Auto Package Policy: This type of coverage goes beyond the basic plate insurance and offers additional protection for your vehicle and yourself. It includes options such as higher liability limits, lower collision and comprehensive damage deductibles, low road hazard glass deductibles, coverage for damage to unlicensed vehicles, loss of vehicle use, and potentially replacement or repair cost coverage.
The coverage chart was provided by SGI Canada (coverages may vary among insurers).
|Basic plate coverage
|Auto Pak coverage
|Options: $1 million, $2 million, $3 million, $4 million or $5 million
|Damage to your licensed vehicle
|You pay a $700 deductible
|Deductible options: $50, $100, $200, $350, $500 or $700
|Damage to your unlicensed vehicles
|Deductible options:$50, $100, $200, $350, $500 or $700
|Matches 3rd-party liability option up to $2 million
|Loss of use of your vehicle
|Indemnity limit options: $1,000 or $2,000
|Replacement or repair cost
|Protects your new vehicle from depreciation in the 1st 60 months from delivery date
|Road hazard glass
|You pay a $700 deductible
|Deductible options: $50, $100 or $200
Benefits of Getting an Online Auto Quote
Getting an online auto quote with HWIClick offers several advantages compared to traditional methods. Here are some benefits to consider:
- Quick and Convenient: You can get a personalized car insurance quote online with just a few clicks. It saves you time and eliminates the need for in-person appointments or phone calls. You can customize your coverage right on your device’s screen and build a policy that fits your needs and budget.
- Smart Features: Online platforms like HWIClick provide digital features that allow you to manage your insurance anytime through an online portal. You can change your coverage, update your mailing address, and access important policy documents easily. This eliminates needing to contact a broker or advisor for basic policy management tasks.
- More Payment Options: Online auto insurance platforms often offer flexible payment options, allowing you to set up monthly or annual payments from your chequing bank account or even a credit card.
How to Get an Online Auto Quote
Getting an online auto quote is a simple process using HWIClick. Follow these steps to get started:
- Visit the website of your chosen insurance provider or use an online quoting tool.
- Select the province where you reside.
- Confirm the eligibility questions related to your driving history and insurance requirements.
- Enter the necessary identification information from your driver’s license, such as your customer and validation numbers.
- Provide the plate number of the vehicle you want to insure.
- Select the policy start date.
- Personal details: Enter your email address from here; this will serve as your login username. You’ll also be asked to enter a phone number; this will help our team contact you in case you need any assistance during the quote.
- Confirm your mailing address.
- Verify the vehicle details, such as vehicle type: car, truck, van, SUV, etc.
- Choose your coverage options using the online calculator to see how different coverage limits and deductibles affect the price depending on whether you choose an annual or monthly payment plan.
Tips to Avoid Mistakes When Getting Car Insurance Quotes
When comparing car insurance quotes using the online quoting tool HWIClick, you can play around with different coverage limits and deductible options at your leisure. Click on the drop-down options to see the changes that may affect the price. However, the biggest things to keep in mind are:
Liability coverage: Liability coverage is often the most overlooked but crucial part of car insurance. It protects you financially if you cause harm to others or damage their property. Liability coverage is the least expensive coverage on your policy. The difference between $1,000,000 and $2,000,000 liability is $11/year. Yes, the year! Your plate registration only includes $200,000, which may seem like a lot if you were in an accident in the 1980s, back when the limit was set. Nowadays, the price of everything has increased substantially, including property and injury settlements. (Please note: *The cost may vary depending on your claims history)
Check out SGI Canada’s Learning from Losses to educate yourself more on the function of liability coverage and why it’s one of the most valuable coverages you can have.
Comprehensive Deductible: The most common phrase we hear when quoting out Auto Insurance is, “Can you change the Comprehensive deductible so it matches Collision?” Comprehensive coverage protects you against losses not caused by collisions, such as theft, vandalism, or weather-related disasters.
Did you know that Comprehensive coverage actually costs less than collision coverage? But people often choose the same deductible for Collision and Comprehensive. Why? Everyone has their own reasons, and we often hear how keeping the value the same on the policy is easier to remember in the grand scheme of things. But some may argue that you’re more likely to suffer a Comprehensive loss in Saskatchewan over Collsion in recent years.
Consider this: The weather-related losses in 2023 have been unprecedented, with at least 23 catastrophic losses recorded in Canada. Weather aside, consider how many vehicles get stolen each year. In 2021, the Saskatchewan RCMP reported 1,519 stolen vehicle files opened. Weather or theft losses can be unpredictable just as much as a collision with your vehicle, and you never know when it may happen to you.
There is roughly a $10/year difference between having a $100 Comprehensive deductible and a $200 Comprehensive deductible. Choosing a higher Collision deductible can help you save money on your premium, but you shouldn’t simply select the same deductible for Comprehensive without reviewing the price difference and benefits of selecting a different value. (Please note: *The cost or deductible limit availability may vary depending on your claims history or insurer)
Understanding the Terms and Conditions of Car Insurance Policies
Car insurance policies come with terms and conditions that you should be familiar with. While these can vary among insurers, here are some general points to consider:
License insurance requirement: Your auto policy generally only pays out when you are covered by basic plate insurance. It acts as an extension or top-up of coverage. But as is the case with insurance, there are exceptions to consider. For example, if you have an unlicensed trailer scheduled on your policy, then the only coverage that will be applicable is the auto insurance policy.
Coverage limitations: Most car insurance policies cover incidents occurring in Canada and the 50 states in the United States. However, coverage typically excludes overseas incidents, including Mexico. Review your policy wording booklet to understand the rules and conditions specific to your insurer, especially when travelling outside the country.
Additional Ways to Save Money on Car Insurance
In addition to getting an online auto quote, there are other ways to save money on your car insurance premiums. Consider the following strategies:
Bundle your vehicles: If you have multiple vehicles, bundling them under one policy can often lead to savings. Many insurers offer multi-vehicle discounts, so exploring this option with your broker is worth exploring.
Maintain a clean driving record: Your driving history often influences insurance premiums. By practicing safe driving habits and avoiding accidents or traffic violations, you can potentially qualify for lower premiums.
Consider higher deductibles: Opting for higher deductibles can lower your premiums. However, ensure you can comfortably afford the deductible amount in case of a claim.
Car insurance is a crucial financial safety net. It protects you, your vehicle, and other road users in an accident. Getting an online auto quote is a convenient and efficient way to secure the coverage you need while saving time and money. By understanding the different types of coverage, comparing quotes, and exploring additional ways to save money, you can drive with peace of mind, knowing that you are protected on the road. Take the first step today and get an online auto quote that suits your needs.
Note: The information provided in this article is for informational purposes only and should not be considered as legal or financial advice. Please consult with your insurance provider or broker for personalized advice and coverage options.
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