Many drivers choose comprehensive and collision coverage for maximum protection. These allow you to restore your vehicle after an accident. Compare the differences between comprehensive and collision to see if you need one, both or neither for your particular vehicle.

Comprehensive coverage protects your vehicle any time it’s not running. Common instances include vandalism, falling tree branches, lightning damage and fire damage. The exact perils covered can vary, so ask your insurance broker about common perils that you may want covered.

Collision coverage, on the other hand, is typically used to protect your vehicle when in motion. Whether you collide with another vehicle or a stationary object, these instances are typically covered by collision. Again, the exact collisions where you may and may not receive coverage may vary, so check your specific policy.

For many vehicles, the cost of comprehensive and collision are necessary to prevent costly repairs. Older vehicles may not be valuable enough to warrant comprehensive and collision, but compare your yearly premium and deductible to discover affordable coverage for your vehicle.

Work with a broker to discuss car insurance in Markham. There are many factors that can help you personalize your policy to receive the protection you need. Here are common factors that can affect the specifics of your particular policy:

• The age of your vehicle
• The replacement cost of your vehicle
• Frequent international travel
• Premium electronics and aftermarket parts

Your Markham car insurance can be tailored to fit your needs. Add towing and labor costs and add coverage for your additional electronics and aftermarket parts. Classic car owners may need to increase the coverage of their comprehensive policy. Review policy options with a qualified broker to determine which add-ons and increases are right for your personal needs.

From minimum national requirements to the most complete coverage package, the price of your car insurance in Markham can vary dramatically. Thankfully, there are many ways to reduce the cost of your coverage, regardless of the type of policy you’ve selected. Follow these tips and let your broker know to discover ways to lower your insurance premium:

• Install an anti-theft device.
• Use a telematic device to prove safe driving habits.
• Maintain a clean record of driving.
• Limit your driving trips.
• Bundle home, car and other insurance policies under a single insurance provider.

One or more of these features can decrease your monthly or yearly insurance costs. Continue to update your broker about any changes in your driving habits. Even if you don’t currently have a clean driving record, your rates may go down as time passes.