snow tire

Find out if you are getting the fringe benefits of investing in snow tires – As of January 1st, 2016 auto insurance companies in Ontario are now required to offer a discount for snow tires. The discount varies amount companies (between 2% and 5%) but their eligibility rules are fairly consistent. Here is a run down of the most popular insurance companies that we sell for at Youngs Insurance.

Retired? Have a private driveway? Have a child in school more than 100kms away? There are discounts for that, as well as many other scenarios that might apply to you. Give us a call so we can make sure your policy has all of the discounts you qualify for.

Aviva:

How much? 5%

Number of tires? All Four

Duration tires have to be on? November til April

Portion of the premium the discount applies to: Liability, Accident Benefits, Uninsured Automobile, Direct Compensation – Property Damage, Collision and Collision portion of All Perils coverages.

Proof required? No, but they could ask for a bill of sale of proof of installation at any time.

 

Intact/Novex:

How much?3%

Number of tires? All Four

Duration tires have to be on? December 1 to March 31

Portion of the premium the discount applies to: Liability, Accident Benefits, Uninsured Automobile, Direct Compensation – Property Damage, Collision and Collision portion of All Perils coverages.

Proof required? No, but they could ask for a bill of sale of proof of installation at any time.

*Tires must be certified as winter tires by Transport Canada and have the Alpine symbol.

 

Jevco Insurance:

How much? 2%

Number of tires? All Four

Duration tires have to be on? December 1 to March 31

Portion of the premium the discount applies to: Liability, Accident Benefits, Uninsured Automobile, Direct Compensation – Property Damage, Collision and Collision portion of All Perils coverages.

Proof required? No, but they could ask for a bill of sale of proof of installation at any time.

*Tires must be certified as winter tires by Transport Canada and have the Alpine symbol.

 

Pembridge/Pafco:

How much? 5%

Number of tires? All Four

Duration tires have to be on? November to April

Portion of the premium the discount applies to: Liability, Accident Benefits, Uninsured Automobile, Direct Compensation – Property Damage, Collision and Collision portion of All Perils coverages.

Proof required? No, but they could ask for a bill of sale of proof of installation at any time.

*Tires must be certified as winter tires by Transport Canada and have the Alpine symbol.

 

Travelers:

How much? 2%

Number of tires? All Four

Duration tires have to be on? December 1 to March 31

Portion of the premium the discount applies to: Liability, Accident Benefits, Uninsured Automobile, Direct Compensation – Property Damage, Collision and Collision portion of All Perils coverages.

Proof required? No, but they could ask for a bill of sale of proof of installation at any time.

 

Coachman:

How much? 2%

Number of tires? All Four

Duration tires have to be on? November 30 to March 31

Portion of the premium the discount applies to: Liability, Accident Benefits, Uninsured Automobile, Direct Compensation – Property Damage, Collision and Collision portion of All Perils coverages.

Proof required? No, but they could ask for a bill of sale of proof of installation at any time.

*Tires must be certified as winter tires by Transport Canada and have the Alpine symbol.