If you’re driving less as the novel coronavirus pandemic drags on, you may be able to secure a reduced car insurance rate. As Canadians were ordered to stay home to curb the spread of the virus, the Insurance Bureau of Canada announced in early April that its member companies would offer discounted car insurance premiums. “Insurers understand that many drivers are no longer commuting or using their vehicle as regularly, which could result in savings,” Don Forgeron, the association’s president, said in a statement.
The key word there is “could.” It’s important to note the types of discounts and rebates and who’s eligible for them vary across companies.