Car insurance is a contract that allows you to transfer the risk of a loss to an insurance company for an up-front fee called a premium. Insurance companies use several different rating criteria to determine how much premium you need to pay for the level of risk—if they calculate that you have an elevated chance of getting into an accident, you’ll likely have to pay more for insurance.

While it seems fairly straight forward, there are some important steps to follow when purchasing this type of insurance. Rates always vary between different insurance companies for the same driver, for what seems to be no reason at all. This is because insurance companies have different risk pools (some have more losses than others), profit margins, and rating criteria.

It’s crucial to shop around and compare rates from several different companies. Purchasing car insurance in North Bay is no different—at North Bay Insurance, we have access to a wide ranges of insurance companies in order to find you the lowest rate, for the right coverage.

It’s simple: just fill out our instant car insurance quote form—it takes just a few minutes and we only require a few different pieces of information: name, age, gender, postal code, and vehicle. Based on this, we instantly compare rates from up to 25 different companies, and one of our brokers will call you to answer any questions you might have.

Unlike other insurance companies, our brokers work for you, not an insurance company. Our brokers are located in North Bay—not a call centre in Toronto—so we can provide you the local, personalized service you deserve.