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Your Guide to the Cheapest Car Insurance in Newfoundland

A row of various models of cars parked in a sunlit parking lot, representing options for those seeking the cheapest car insurance in Newfoundland.

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In today’s economic climate, where the rising cost of living and inflation are pressing concerns for many, we understand the added pressures on your budget. Auto insurance is not only a legal necessity but also a crucial step towards ensuring safety on the road. While it represents a financial commitment, it’s an investment in your peace of mind and security. Recognizing this, we are dedicated to assisting you in finding the cheapest car insurance in Newfoundland. Our commitment is to offer you the best possible coverage and quality, tailored to fit your financial situation in these challenging times.

Bundle Your Coverage for Savings

We encourage our clients to consider bundling their insurance policies. This is simple and the most effective way to achieve savings. By combining your home, renters, or multiple car insurance with us, you can expect to see a noticeable reduction in your car insurance rates. Our bundle packages are designed to provide comprehensive coverage at a more affordable price point, ensuring you get the best value.

Choose a Smart Deductible

Your deductible plays a significant role in determining your premium. At Wedgwood Insurance, we advise selecting a higher deductible to lower your premium if you can comfortably afford it. We recommend that our clients set aside their deductible amount in an emergency fund, ensuring peace of mind and financial readiness in case of an accident.

Reassess Your Coverage Limits

We understand that every client’s needs differ, so we recommend a periodic reassessment of your coverage limits. While lowering liability limits might seem like an immediate way to find the cheapest car insurance in Newfoundland, it’s crucial to consider the long-term implications, especially if you’re at fault in an accident. Our team can help you find the right balance between adequate protection and cost-effective premiums.

Eliminate Unnecessary Coverage

For those with older vehicles, dropping comprehensive and collision coverage can lead to significant savings. We’re committed to ensuring you’re not paying for duplicate or unnecessary coverage. Our experts can review your policy and advise you on the best course of action to align with your specific needs and vehicle condition.

At Wedgwood Insurance, we’re more than just a provider; we’re your partner in finding the cheapest car insurance in Newfoundland. We believe in personalizing our services to meet your unique needs. Start a conversation with one of our experienced brokers today to explore how you can adjust your policy for optimal savings without sacrificing essential coverage. With our expertise and commitment, you can drive with confidence knowing that you’re well-protected at the best possible price.

About Wedgwood Insurance

Wedgwood Insurance has offices in St. John’s & Corner Brook and is Newfoundland & Labrador’s largest independent insurance broker. We provide straightforward home, auto & business insurance advice. 

With over 255 Google My Business reviews, experience the Wedgwood difference with expert advice from our dedicated team. We ensure that every client has the coverage that best suits their needs through upfront complimentary consultations and midterm reviews.

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Author Jamie Ross

Jamie Ross leads the Marketing and Communications team at Wedgwood Insurance, renowned as one of Atlantic Canada’s premier independent insurance brokers. Bringing a wealth of experience amassed over many years at some of Canada's most esteemed advertising agencies, Jamie transitioned to the insurance industry in 2017. This pivotal move has marked a period of significant professional growth and contribution to the field. A native Nova Scotian, Jamie has been a resident of St. John's, NL, since 2011, where he has become an integral part of the local community. Learn more about Jamie.

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