Do driving schools reduce insurance for Canadian drivers? – moneysense

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Note if you’re in New Brunswick, though: The province’s First Chance program means that drivers who complete a certified driver’s education course and are accident-free receive the same insurance rate as those who have been in New Brunswick for six years. Driving, which is great. This typically works out to a $2,000 to $3,000 discount over a period of three to five years.

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Do all driving schools and insurance companies offer the same discount?

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All driving schools give you access to the same insurance discount if applicable for your province, but not all insurance companies do. what does this mean? OK, sometimes, driving schools claim to offer better insurance discounts – but that’s a big red flag.

The governments of provinces that offer exemptions to driver’s education do not differentiate between driving schools. Therefore, claiming that “School A” offers better discounts than “School B” is a lie.

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Rather, the rules stipulate that students must complete a certified driving school course with any licensed driving school. In Ontario, for example, whether the driving school is a large national chain or a small local business, both are eligible to apply for the same insurance discount.

However, when it comes to insurance providers, discounts can vary greatly. Not all insurance companies have the same appetite for insuring new drivers. As a result, some insurance companies may offer higher discounts than others, depending on the level of risk they associate with new drivers. Thus, it is important to compare insurance rates among a variety of providers to ensure that you are getting the best rate.

In addition to driver education insurance discounts, there are other ways you can save money on car insurance even as a new driver.

The most effective way to save money on car insurance is to have a family member listed as an occasional and/or secondary driver on the insurance. Since you have to drive less frequently as an occasional driver, your monthly premium will be lower than that of a regular driver. If you are not a primary driver this can be a great way to get more experience behind the wheel.

Additionally, bundling auto and home insurance policies can also result in substantial savings – typically around 10-15% across all your policies, but you should check with your insurance broker. Insurance companies encourage you to group products together by way of offering additional savings.



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