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Tuesday, 16 December 2014

How to Save Money on New Driver Insurance in Calgary



Being a new driver comes with its ups and downs. While we can't argue that being a new driver is exciting, it can also be quite stressful -- especially when it comes to insurance policies. If you are a new driver, you might be wondering how you can go about lowering your monthly premiums. Since you have less experience than "regular" drivers, insurance companies will see you as more of a liability than those drivers. As a result, you will be expected to pay more each month.

The good news, however, is that lowering your monthly premiums is not as difficult as it sounds. If you have been following us for a while then you know that we are big advocates of lowering your insurance premiums. We have taught people how to lower their home insurance premiums, their construction insurance premiums and even their commercial insurance premiums. Today we will be teaching you how to lower your new driver insurance premium so that you can save money each month.

The first thing that you need to remember is that insurance companies often (not always) reward experience. As such, it is possible to receive discounts on your premiums by passing an approved driver education program. If you live in Calgary, a simple Google search will give you an idea of what kind of programs are available in your area. We then recommend discussing with your insurance company whether or not they approve the program of your choice.

The second thing that you have to remember (and this applies to every insurance policy) is that raising your deductible lowers your monthly premiums. Keep in mind, however, that in the event of you making a claim, you will have to pay your deductible -- so be sure to put some money aside!

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