How Could a Driving School in Ontario Provide You a Car Insurance Discount?
Learning to drive is an important milestone in Canada as it is all over the world. Driving gives people a sense of freedom. There are also some costs that this feeling will bring to you, and one of them is insuring the car that you own. Insurance costs could be very high, especially for young and new drivers.
There are ways to reduce the cost of insurance in the province of Ontario for young and new drivers. One of these ways and perhaps the fastest one is to complete a ministry-approved beginner driver education (MTO-approved BDE) course.
What is the Beginner Driver Education?
Beginner Driver Education or BDE is a driving course approved by Ministry of Transportation (MTO) that is totally 40 hours. It could be 30 hours of online and 10 hours of in-car lessons or 20 hours in-class and 10 hours of homework and 10 hours of in-car lessons. With Master Drivers’ Online BDE course, you may avoid all the pandemic risks; stay safe, study from anywhere and anytime at your pace.
How much does the driver’s education save on insurance Ontario?
There are a number of factors that go into calculating car insurance rates. In general, driving schools will take 10 percent off the insurance rates. This can add up to large savings as young and new drivers are consider high risk drivers with them frequently paying huge insurance premiums. The average cost of attending driving school is around six hundred dollars. While it is possible to shop around in order to find a cheaper driving school this six hundred dollar cost should be considered an investment towards getting cheaper car insurance.
- A seventeen-year-old driver would receive a car insurance rate around of $7,000 per year without the beginner driver education (BDE) and around $5,250 per year with BDE certificate. This might result in a $1,750 annual savings. Currently, a BDE course costs around $600. A teenager driver would face similar rates over a three-year period. This means that attending driver’s school could result in a $5,250 savings over the course of three years. As a result, obtaining a MTO-approved Beginner Driver Education certificate is a really appealing investment.
- As a result, we can definitely say that taking a BDE course from an MTO approved driving school is a very smart and right choice for young and new drivers for car insurance discount.
- Not forgetting one of the most obvious benefits of driving school is that it makes young and new drivers, safer drivers which should reduce the risk of them being involved in an accident and then having higher insurance rates.