There are many ways to save on your auto policy but keep this in mind: low cost car insurance should still be quality insurance. Here’s something to consider whether you can save a bit or a lot on your policy. Combine policies with one insurance provider. If you have home or tenants insurance in Ontario, trailers, recreational vehicles, combine them with one insurance company to get discounts. Consider requesting for higher deductibles if it makes sense. Deductible is the amount…

It’s no secret; with disposable income down, we’re all looking to save a little cash where we can.  One place where you may be able to boost your savings is with your auto insurance.  Now, I am not talking about going with the cheapest insurance you can find – that’s not going to do you much good if you get into trouble.  You always want to ensure you have adequate coverage in place should an accident happen, however there are…

If you are a high-risk driver you probably know it already, but many people don’t understand what earns them this title. Simply put, insurance companies rate drivers based on the probability that they will be involved in an accident for which the insurance company will have to pay out. The higher this likelihood, the higher risk that driver presents to the insurance company. Drivers are rated on a variety of factors, and it can vary, but there are a few…

I get it, no one likes paying for car insurance… neither do I!  Being a broker you may think that I get a break or some sort of discount, but that is not the case, we all pay the same rates folks.  So what do we do? We try to reduce our monthly payments as much as we can, which more often than not requires reducing coverage.  Let me ask you, is saving a couple hundred dollars a year worth…

Risk is not a game, and it could cost you a lot of money. Being a high risk can alter how much you pay in auto insurance premiums and it can also prevent you from getting auto insurance at all. There are several ways you become a high risk driver, and many other ways to decrease your risk. Knowledge can be the best prevention to lower your auto insurance costs. How do you become a high risk driver for auto…

As a car owner, you probably have an idea about auto insurance, as it is mandatory here in Canada. You may have heard words like premium, liability, deductible and what not. But, do you really understand the different aspects of an auto insurance policy and how to choose the best coverage?  Let me walk you through the types of coverage that insurance companies offer and how to understand the components of your policy. Insurance policies involve PREMIUMS: this is the…

There are many ways to save on your auto policy but keep this in mind: cheap insurance should still be quality insurance. Here’s something to consider whether you can save a bit or a lot on your policy. Combine policies with one insurance provider. If you have home or tenants insurance, trailers, recreational vehicles, combine them with one insurance company to get discounts. Consider requesting for higher deductibles if it makes sense. Deductible is the amount of money you have…

Nowadays, the Internet has changed the way we live our lives. We can purchase almost anything while sitting at our computers. However, a lot of us are still reluctant to buy car insurance online, and that is totally understandable. Though in my opinion, it is safe to purchase car insurance online as long as we take necessary precautions and be aware of the main principles of online shopping to make sure our transaction is safe and sensible. 1. Convenience One of the…

Do you think your driving test was difficult? Well, it doesn’t stop there; you still have to deal with getting car insurance – which could really be a pain if you have no proper knowledge about it. Car insurance for young drivers is quite challenging to get, not only for paying significantly more than usual premiums, but there are some insurance companies that refuse to cover young or new drivers. This is due to the fact that they have very…

If you are a high-risk driver you probably know it already, but many people don’t understand what earns them this title. Simply put, insurance companies rate drivers based on the probability that they will be involved in an accident for which the insurance company will have to pay out. The higher this likelihood, the higher risk that driver presents to the insurance company. Drivers are rated on a variety of factors, and it can vary, but there are a few…

Nowadays, we have a challenging economy, so owning and maintaining a car will cost us a fortune. Allow me to share some ideas that will let you have control of, and help you understand your insurance when it comes to your auto premiums. Take a Driver’s Education Course – you can get points toward lower premiums with most insurance providers. It could be expensive for some people but the savings you could get for a year term is worth it….

There are several factors that can label you a high-risk driver and thereby reducing all chances of you landing a policy for cheap car insurance in Toronto. While some may be in your hands to control and diminish n the long run, others are apparently not. Let me explain: Serious convictions, that include vehicular manslaughter, careless or impaired driving as well as DUI or driving insurance-less (the last one is a major crime) – all give your credit score a…

Ever wonder why your insurance rates are rising? Take time to evaluate the factors behind it so you can keep your car insurance rates favorable. Knowing what affects your rates can help you make a better decision when purchasing one. Here are some factors that may affect the cost of your policy: GENDER AND AGE – Young men usually incur higher rates than females. Why? Generally, men drive more and take more risks behind the wheel. After the age of…