Most people may not know it, but the insurance industry is colour-blind. It doesn't matter if your car is blue, red, silver, white, or black, your insurance rate for that make and model of car will always remain the same.

Not necessarily. The premium you pay for your auto insurance is based on many factors including the price of the car, its repair costs, theft frequency and its previous claims history. When these factors are combined, a cheaper car could cost more to insure than a luxury model.

You need to shop around and compare the market to get the best car insurance quote that's right for you. it's easy to compare rates offered by different insurance companies so you can be sure you're getting the best deal.

Their raise prices and rates for any reason they can find, if you change your job and have to drive few extra miles to work or if you add a teenage driver to your policy and contract and need a car insurance for teenagers, or you had an accident, even some of them ask where do you park your car? If you park in a driveway or street instead of garage, sorry you have to pay more.

Car insurance is a necessity -- and in most states, it's the law. Let's face it, getting into an accident is bad enough. You don't want to go bankrupt because you didn't carry insurance. But paying for a necessity shouldn't put you in the red.

Some insurance companies, for instance, give loyalty discounts to customers who stay for a year or more. They also offer discounts for having a clean driving record; for driving a car with special safety equipment; or if you're an older driver, for completing a safe-driving course. You can also qualify for discounts if the teens on your policy get good grades or have taken driver's education training.

A good driving record counts for a lot, so try hard to build up a positive driving history by following the rules of the road. Be aware and vigilant wherever you're behind the wheel of a car and never drink and drive.

Always wait until your existing policy expires before switching to a new provider. If you cancel in advance, you may have to pay a penalty fee.

If you have further query please contact Canada Insurance Plan.