New Driver Insurance in Markham
Getting your licence is exciting. Paying for insurance for the first time usually isn't.
Verdant Insurance helps new and young drivers in Markham and across Ontario compare available auto insurance options, understand what affects their premium and avoid expensive mistakes when choosing their first vehicle.
Insurance for New and Young Ontario Drivers
G2 Drivers
Newly licensed G2 drivers often have limited insurance history. We can help compare available options and explain how your driving experience affects your premium.
Young Drivers
Younger drivers generally have less driving experience, which can contribute to higher premiums until they establish a longer driving and insurance history.
First-Time Car Owners
Buying your first vehicle creates a completely different insurance situation than occasionally driving a parent's vehicle.
Parents Adding Children
We can help families understand how adding a newly licensed child may affect an existing household auto policy.
Occasional Drivers
Depending on the household and vehicle usage, a new driver may be listed as an occasional driver rather than the principal operator.
New Ontario Drivers
Drivers building their first Ontario insurance history may need help understanding insurer requirements and available coverage options.
Your First Car Can Have a Huge Effect on Your Insurance Cost
New drivers sometimes shop for a vehicle first and check the insurance price afterward.
That can be an expensive mistake. Insurance premiums can vary significantly between different vehicles, even when the purchase prices are similar.
Before signing for your first car, send us the vehicle information and we can quote it so you understand the insurance cost before making the purchase.
What Affects the Cost of Insurance for a New Driver?
Driving Experience
Drivers with less experience generally have less history for an insurer to evaluate and may pay more than experienced drivers.
Your Vehicle
Make, model, model year, repair costs, theft experience and other vehicle characteristics can affect premiums.
Where You Live
The location where the vehicle is primarily kept and driven is one of the factors used in Ontario auto insurance pricing.
Driving Record
Tickets and at-fault accidents can increase premiums and may affect which insurers are available.
How You Use the Car
Annual kilometres, commuting distance and vehicle usage may affect the premium.
Coverage & Deductibles
The coverage you choose, optional endorsements and deductible amounts can also change your final insurance cost.
Can Driver Training Help With Insurance?
Completing an approved driver-training program may help a new driver qualify for more favourable insurance treatment with some insurers.
Eligibility and the amount of any benefit depend on the insurer and the driver's individual circumstances.
Your broker may need proof of completed driver education when obtaining quotes from insurers.
Adding a New Driver to the Family Policy
If your child has recently received their licence, you may need to notify your insurer and have them properly listed on the household policy.
How the driver is rated can depend on the number of vehicles, licensed drivers, vehicle usage and the insurer's underwriting and rating rules.
Ways New Drivers May Be Able to Reduce Insurance Costs
Compare Before Buying
Get insurance quotes on several vehicles before choosing which one to purchase.
Complete Driver Training
An approved driver-training program may help with insurance pricing depending on the insurer.
Stay Ticket & Accident Free
Building a clean driving history can improve your future insurance options.
Consider the Family Policy
Depending on your circumstances, being properly added to an existing household policy may be worth comparing against obtaining a separate policy.
Bundle Where Appropriate
Households with auto and property insurance may qualify for multi-policy discounts with some insurers.
Use a Broker
Insurer pricing can vary, so comparing multiple available insurance markets can be particularly valuable for a new driver.
New Driver Insurance in Markham and Across Ontario
Verdant Insurance is located at 675 Cochrane Drive in Markham and helps drivers throughout Ontario.
Whether you're getting your first vehicle, being added to a family policy or comparing insurance before purchasing a car, our brokers can review the options available for your situation.
New Driver Insurance FAQ
Is insurance more expensive for new drivers in Ontario?
It often can be. New drivers have less driving and insurance history, which can result in higher premiums than an experienced driver with a long clean record.
Do G2 drivers need insurance in Ontario?
A G2 driver who drives an insured vehicle must be properly disclosed and rated according to the insurer's rules. The exact arrangement depends on the household, vehicles and how the driver uses them.
Should I check insurance before buying my first car?
Yes. The vehicle you choose can materially affect your insurance premium, so obtaining quotes before purchasing can help you compare the total cost of ownership.
Does driving school reduce insurance in Ontario?
Completing an approved driver-training program may help with insurance pricing or how your driving experience is recognized by some insurers. The result varies by company and driver.
Can a new driver be added to their parents' insurance?
Often, yes. The appropriate rating depends on the household vehicles, number of licensed drivers, who operates each vehicle and the insurer's rules.
Does Verdant only provide new-driver insurance in Markham?
No. Verdant Insurance is located in Markham but serves eligible clients throughout Ontario.
Getting Insurance for the First Time?
Tell us about your licence, vehicle and driving situation and a Verdant Insurance broker can compare available Ontario auto insurance options.