When you apply for Ottawa auto insurance, you need to fill out an application form. This is the part where you’re going to share personal information to the company. It is important that you can be as truthful as possible because the data will be the bases for the approval or rejection of your application, as well as for the calculation of your insurance premium.
There are three categories in an application form: driver’s information, vehicle information, and insurance claims within 6 years. There may be some differences to this description, however if you have this prepared, you’ll be in the best position to help your licensed insurance adviser.
Driver Information
In the driver’s information, you have to write your full name, driver’s license number, the date of the first issue of your Canadian license, and your date of birth.
You also have to identify anyone in your household who you want to cover in your insurance policy. Normally, parents can include their teens, but expect your premium to increase, because they are considered to be at risk for accidents and injuries.
You should also inform the Ottawa auto insurance company if you have undergone driver’s training. If you did, you may need to enclose the certificate so you can take advantage of a discount.
It is also necessary to indicate if you’ve experienced claim or insurance policy cancellation and the reason, as well as if the driver’s license has been cancelled or suspended within the last six years.
Vehicle Information
With vehicle information, you have to identify the model, body type, and year of make of the vehicle. For some models you may need to know information like the size or cylinder count of the engine – this information is usually in the owner’s manual of your car. Usually, older cars will have higher insurance premiums than newer ones, and expensively bought vehicles get higher rates than low-profile ones. This is because they are more prone to theft and can cost a lot during repair or maintenance if anything occurs.
You also need to tell your car insurance company about the approximate driving distance of the vehicle per year, as this will determine how long the policy can be effective for your vehicle, as well as the serial (or VIN) number of your car.
If the car is obtained through a loan and you’re still making repayments, you also have to indicate in the name of the lender (usually a financial institution) and their address, as well as loan information about the vehicle.
Lastly, tell the Ottawa auto insurance company the purpose of the vehicle. If it’s for business, the Ottawa auto insurance rate can be quite high.
Previous Claims
You need to indicate the claims you’ve made in the last six years. Of course, this will apply only if you have previous insurance policies. There are no specific claims to mention. All types of claims should be written down, as well as the amount of the claim and date of claim.
If the claim is made because of collision, you may need to retell the story and any details from the previous claim. It’s in your best interest to have all relevant paperwork ready.
