Winter Tire Insurance Discount Starts Jan 1, 2016

Winter Tire Insurance Discount Starts Jan 1, 2016

Winter is coming. And whether you drive to work in your personal vehicle or travel regularly on business in a corporate car, knowing that your vehicle is prepared for snow and ice is important.

How To Drive Safe This Winter

Some of the top tips for safe winter driving from the Insurance Bureau of Canada (IBC) include carrying a charged cell phone and an emergency kit. IBC notes that drivers should install four winter tires, inspect these and during cold weather, check tire pressure at least once a month. In fact, IBC notes, “winter tires allow you to stop up to 40% sooner than all-season tires and significantly improve your vehicle’s handling in winter weather”. 1

Related Matters: Be Winter Wise – IBC Top 10: Tips for safe winter driving

Ontario Government Confirms 2016 Winter Tire Insurance Discount

Across the province of Ontario, a new winter tire insurance discount will come into effect as of January 1, 2016.

To confirm that winter tires are installed, the Insurance Brokers Association of Ontario (IBAO) notes that some form of documentation may be requested from insurance buyers such as:

  • “A photo of winter tires on the vehicle
  • A purchase receipt for the tires
  • A purchase receipt for installation
  • Documentation validating verbal confirmation”2 that you have winter tires on your vehicle

According to IBAO, while each insurance company determines their own discount, the ranges are from 2% to 5%.3

Insurance Advocates Across Canada

Regardless of where your business is located in Canada, for more information about coverage options and potential discounts for your business vehicles or fleet, an ALIGNED advocate can provide expert advice.

Related Matters: Ontario drivers with winter tires soon eligible for insurance discount

The ALIGNED Get A Quote Process Is Better

From our 100% focus on business insurance to our 17 other differentiators, there are multiple reasons why working with us just makes sense. Each member of the ALIGNED team is committed to sharing and developing their knowledge to help ensure every client makes informed insurance coverage decisions. And because we recognize the importance of connecting you to insurance experts, we’ve made our “Get A Quote” process with your needs in mind.

You can dial 1-866-287-0448 toll free from anywhere in Canada and be connected to an ALIGNED advocate. We’re open longer – 9 am to 7 pm Monday to Friday and Saturdays by appointment – so we’re available to discuss your risk and insurance needs at a time that suits you best. You can use our live online chat, connect with our team members on LinkedIn, Twitter and/or schedule a “best time to call me” callback by providing your contact information on our Get A Quote form.

To learn more about getting a quote for any ALIGNED insurance products or solutions, talk to one of our advocates today. We can help you secure the best products, services and solutions for your business.

ALIGNED Across Canada   100% Canadian owned, ALIGNED is a premiere insurance brokerage that serves more than 1,400 clients across the country. ALIGNED’s offices in Toronto, Calgary and Vancouver are supported by a national operations centre in Cambridge, Ontario. Uniquely within the industry, ALIGNED creates, negotiates and delivers the best business insurance and risk management strategies/solutions to organizations like yours.

Source(s): Insurance Bureau of Canada   Insurance Brokers Association of Ontario Canadian Underwriter

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