Car insurance can account for a big chunk of your regular monthly expenses, and if left unchecked, it's easy to overpay for it.

Mothers everywhere can appreciate saving money, but perhaps more importantly moms know that overpaying is just wasteful. Make mom proud this Mother's Day and see if you can spend less on your car insurance.

We shop the market to help you get the lowest rate

Chances are the single most important factor in lowering your car insurance rate is to compare car insurance quotes. Kanetix.ca customers, for example, save an average of $750. We shop the market to help you find the lowest rate and get your coverage.

  • Did you know? Mother's Day is the third largest card sending occasion in Canada according to Hallmark. Christmas comes in first followed by Valentine's Day.

How to save on car insurance

The following tips are just a few quick wins to help you lower your car insurance rate.

Compare quotes regularly

It's important to compare quotes regularly—at minimum, on renewal—because car insurance rates often change; not just with your insurer, but all insurers and the company who provided you the best rate five years ago, two years ago or even last year, may no longer offer you the best deal today.

Also, make sure you compare quotes if you're moving or buying a new vehicle. Your current insurer may not offer you the best price if you change where you live or what you drive.

Consider a usage-based insurance program

A usage-based car insurance (UBI) program can save you typically five to 10 per cent just for signing up, with additional savings of up to 25 per cent for good drivers. Basically, how it works is that the UBI program monitors your driving habits; for example, it takes into account how fast you accelerate and brake, the time of day you're typically on the road, trip duration, and speed, among other factors. UBI programs can only help you lower your rate, it cannot be used to increase what you pay.

  • Did you know? You can take UBI for a test drive. To see if a telematics program could help you pay less, try Kanetix's free DriveSmart app for Apple or Android, which will give you an indication of whether or not you could receive savings through a UBI program.

Increase your deductibles

Save five to 10 per cent on your auto insurance premiums simply by raising your deductibles. A deductible is the portion of an insurance claim you agree to pay so the higher your deductible, the lower your car insurance rate. Keep it affordable though, because this is how much you'll have to pay in the event of a claim.

Pay upfront

If you can afford to pay your car insurance premium annually, rather than monthly, at the end of the day you'll pay less for your coverage. Many companies charge a little extra to cover the cost of administering payments every month, so if you can pay your premiums in full, you'll avoid those annoying&mash;and costly—administrative fees.

Car insurance is a big expense, see if you could pay less for it

For many drivers, mom had a hand in teaching them how to budget, save money and get the best price. Isn't it time you showed mom how much you've learned from her? Compare car insurance quotes today to see if you could save money.

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