Insurance Premiums
by Valerie
What is the average amount an insurance premium will go down each year with no claims? Decrease in Ontario Auto Insurance PremiumsHi Valerie, Even with no claims, rates can, and do, go up. Take a look at the auto insurance rates in Ontario page to see how average rates increase each year. If you had an accident, your rates would improve every year until the accident was no longer on your record. This is at least 6 years. Hope that helps! By the way, are your rates too high? Check here: Other Pages of Interest car insurance in Ontario Canada Car Insurance Canada Car Insurance Quote Canada Auto Insurance Questions Or Ask another question at Ontario Auto Insurance Questions and Answers Note: Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility. Make sure you review the "please read" page.
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