If you are a new driver currently residing in Calgary, you might be wondering how it is possible for you to lower the cost of your monthly insurance premiums. As you already know, new drivers are often considered "higher risk drivers" by insurance companies in Calgary. Because new drivers don't have as much experience as "regular drivers", they have to pay higher premiums for a period of usually two years or so. While there is no way for you to reduce your insurance premiums to a "normal rate", there is a way for you to reduce them so that you don't have to pay as much as you normally would.
Here is how you can do it:
1. Shop around, and shop smartly. Plenty of insurance companies in Calgary such as Sharp Insurance offer new drivers affordable and quality Calgary new driver insurance policies. As a customer, it is your responsibility to shop around for the best price. Don't forget that free quotes are your friends, so use them to your advantage!
2. Enroll in a class. You might be surprised at how much this can save you in the long run. Many insurance companies will happily reduce your insurance premiums if you pass a driving class. Just make sure that the class has been approved by your insurance company before, though.
3. Take care of your car. Once again, you might be surprised at how much installing a security alarm system in your car can save you each month. The more secure your car is, the less of a liability your insurance company will see you as. And when that happens, you can start to expect lower monthly premiums.