The staff at AMC Insurance in Surrey can save you money on your vehicle insurance by using private insurers for your optional coverage, and by bundling your vehicle and home insurance together. Photo by Dal Hothi

Saving money on your vehicle insurance can be this easy

Your Surrey Autoplan broker can show you how to reduce your optional insurance premiums

Whether you’re talking fuel, routine maintenance or the replacement of worn-out equipment, the costs of operating a motor vehicle continue to rise.

But when it comes to one of the largest annual expenses you’ll incur – vehicle insurance – did you know there’s options that can reduce the cost? While every driver must purchase basic coverage through ICBC, optional coverages can sometimes be cheaper through private insurers, says Sandeep Sharma, an insurance advisor with AMC Insurance in Surrey.

“Most of the time for experienced drivers, the optional coverages come with a lower premium,” he says. “Whenever you’re coming to get auto insurance, you should always ask your Autoplan broker how much it will cost with ICBC and how much for private coverage.”

Learn what optional coverage fits your needs

A number of areas of coverage have private options you can inquire about, including:

  1. Collision – To pay for repairs or replacement of your vehicle damaged in any kind of collision, with another vehicle, a person, an object, the ground or a roadway.
  2. Comprehensive – Pays for loss or damage to your vehicle by causes other than those covered by collision. That can include damage caused by such things as fire, theft (except by an employee or member of your household), vandalism, malicious mischief, weather and nature-related events, impact with an animal and other happenings outside the operator’s control.
  3. Specified Perils – Covers the same as comprehensive, but not vandalism, mischief, windshield damage and hitting an animal. You don’t need both, so ask your agent which one applies to your situation.
  4. Collector & Vintage Vehicles – You can purchase special insurance that takes into account seasonal driving of an older vehicle.
  5. Loss of Use – Covers you in the event that you need a vehicle to use while yours is being repaired. Ask about how that works.

Other areas of coverage are available, with rates dependent on the make and model of vehicle, the driver’s age and driving experience. “It’s always better to weigh both options, especially for optional coverages,” says Sharma.

Protecting your vehicle investment made easier

Are you concerned about how increasing insurance premiums or depreciation of your vehicle might affect you in the event of a future write-off or need for repairs? AMC can show you ways to protect your investment in a new or nearly new vehicle that can limit your potential loss, for a longer period of time than by buying public insurance.

You can save more by bundling up

Did you know you can save even more money by bundling your home and auto insurance together? Ask your AMC broker about the options. You can find more information about coverages online at, in person at their office on 80 Avenue in Surrey or by visiting or calling any of AMC’s eight locations around the mainland. You can also follow them on Facebook.

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