Trying to save money? Here’s how to save up to 50% on auto insurance

With inflation and the cost of living at a 34-year high this fall, Canadians are looking for ways to save money. While we rely so much on driving, CAA Insurance¹ has a way you can save and still get around.

According to the CAA, people are looking at strategies to reduce driving, such as combining errands into one trip, using ride-sharing services, using public transit, or switching to active modes of transportation like bikes or scooters.

For those who drive less, there’s another way to save through CAA’s pay-as-you-go auto insurance payment program like CAA MyPace^TM.

CAA MyPace is Canada’s only auto insurance payment program tailored for low-mileage drivers. It gives you the freedom to only pay for the distance you drive and is ideal for people who drive less than 12,000km a year. Not only are you rewarded for less mileage through less frequent refueling and less vehicle wear, but you also save through lower insurance premiums.

To use CAA MyPace, drivers install a device in their vehicle, then purchase coverage for every 1,000km plus the base fee, and use the CAA MyPace app to track how much they’ve driven.

On average, CAA MyPace policyholders save 50% on their auto insurance costs compared to traditional insurance policies. Since its launch in 2018, CAA MyPace has helped drivers like Susan Duncan save big by taking advantage of the pay-as-you-go insurance program.

“I saved about $700 when I switched to CAA MyPace Insurance,” says Susan. “Being an occasional driver, MyPace was made for me. I installed the device 4 months ago and have only driven 282km. Haven’t had any complaints yet and I hope not. In any case, I’m glad I switched to CAA Auto and Home Insurance.”

CAA MyPace customer Joanne Byers agrees. “I saved about $500 when I switched my truck insurance to CAA My Pace. I first saw it advertised on TV and when I called a CAA representative and got details about the policy I was immediately hooked. The switch was very easy and I am happy to pocket the extra money.”

While CAA MyPace is available to all drivers, CAA members can double their savings by receiving a discount of up to 20%.² on their bonus. In addition to savings on their auto insurance, CAA members can 3c/L save at the pump at participating Shell locations, helping Canadians stretch their paychecks even further.

To learn more about CAA MyPace and see if it’s right for you, call 1-888-308-4701 to speak with a licensed CAA insurance agent or visit GETCAAMYPACE.ca to book today to get an offer online.

¹ Auto and property insurance is underwritten by CAA Insurance Company.
² To qualify for the discount, you must be a current CAA member in good standing (CAA membership dues paid in full by the membership expiration date). The maximum savings for CAA Everyday members on auto insurance is 5%.
®/™ CAA marks are owned and used by the Canadian Automobile Association.
Vehicle compatibility and enrollment in the CAA MyPace payment program are subject to terms and conditions.
Certain conditions, exclusions and underwriting policies apply.