With the school year now in full swing, many families in Ontario are settling into new routines of classes, extracurriculars, and carpools. If you have a young driver at home, there’s also the added responsibility of ensuring your auto insurance reflects their current situation. Whether your teenager just got their license or your college-aged child has taken the car to campus, knowing how these changes can affect your coverage and premiums is important.

Here are a few key tips to help families stay protected and potentially save on costs this school year:

1. Update Your Policy if Driving Habits Have Changed

If your child is driving less during the school year because they live on campus or rely on public transit, notify your insurance provider. Many insurers reduce premiums if a young driver is listed as an occasional driver instead of a primary one. On the flip side, if they’re commuting daily or have taken the family vehicle to school, your policy should reflect their new driving patterns.

2. Explore Student Discounts

Many insurance companies in Ontario offer discounts for students with strong grades or those attending school away from home without regular access to a vehicle. Every insurer has different eligibility rules, so it’s worth asking your broker what discounts might apply to your family.

3. Consider Usage-Based Insurance

Usage-based insurance (telematics) can be a smart option for families with young drivers. By using an app or device to track driving behaviours such as speed, braking, and time of day, safe habits can lead to lower premiums. Parents also gain valuable insights into how their young driver is handling the road.

4. Protect Their Belongings at School

Don’t forget about coverage beyond the car. If your child is living in residence or renting near campus, personal items like laptops, phones, or clothing may be covered under your home insurance policy. Sometimes, additional coverage is needed, so double-check whether your policy extends to their living situation.

5. Teach Safety Beyond Coverage

Insurance is a financial safeguard, but prevention is the best protection. Take time to discuss safe driving habits, such as avoiding distractions, managing late-night fatigue, and being prepared for upcoming winter road conditions. These conversations can reduce risks and help keep your young driver safe.

Final Thoughts

The start of the school year is the perfect opportunity to review your family’s insurance coverage and make sure it aligns with your child’s current needs. From adjusting auto insurance to protecting personal belongings, a quick policy review can help prevent surprises and may even save you money.

Have questions about your young driver and insurance coverage? Contact ICD Insurance Brokers today at 905-830-9000, we’re here to help your family stay protected this school year.

Disclaimer: At ICD Insurance, we aim to provide accurate, up-to-date information. However, insurance needs vary, and coverage depends on specific policies, locations, and providers. This content is for general information only and may not fully apply to your situation. Please contact your ICD Insurance broker to discuss your specific needs and coverage.