How Does An At-Fault Accident Affect My Rates?
So, you’ve had an at-fault accident… Now you’re wondering how it will affect your insurance rates… I’ll try to give you a basic answer, but first let me tell you how car insurance policies are rated in Ontario. Star Rating System Generally, your rating and how much you pay, is based on a star rating […]
Can Insurance Brokers Give You Extra Discounts?
I just had a talk with a friend of mine. He told me that when he bought his new house, the real estate agent give him a rebate from the commissions that he earned on the transaction. Then my friend asked me if I ever do the same thing, as an insurance broker, and give […]
Do You Need The Actual Insurance Pink Slips Before You Can Drive Your Car?
Here’s the situation… You buy a car. You’re going to the dealership to pick it up tomorrow. You call a broker for an insurance quote. You get a good quote. The broker sets up a new policy. You’re insured effective tomorrow. Everything’s good… Except that you don’t have your actual liability card (Commonly referred to […]
What Do I Do With Auto Insurance When Trading in My Car For A New One?
Here’s the situation… You have a car insured with a particular insurance company. But you’re planning to trade in your car for something new. So the question is: “What do I do with my current auto insurance policy?” Should I cancel it? Should I shop around for a quotes for the new car? Here’s the […]
How To Get The Best Insurance Rates For New Drivers
Are you a new driver? Did you just buy a car? Are you looking to get it insured? If so, you’ve probably been calling around trying to find a decent insurance rate. But you also probably haven’t been having much luck, right? Here’s the thing – Your rates are high because you’re a new driver, […]