The Ontario Insurance News Roundup for the week of March 3, 2020 looks at changes to Ontario's out-of-country health insurance coverage, mortgage stress tests, auto insurance rates, and the tow truck turf war. Ontario drivers overpaying for car insurance, report says...
Each year, the Insurance Bureau of Canada (IBC) releases a list of the top 10 vehicles stolen in Canada. According to the IBC, "automobile theft costs Canadians $1 billion, including $542 million for insurers to fix or replace stolen vehicles, $250 million in police,...
If you own a business or have a fleet of vehicles, you may already have commercial auto insurance. If you are an individual or small business owner, the need for commercial auto insurance may be not be as clear. If you answer yes to the following questions, you may...
On January 1, 2019, a section of The Cannabis, Smoke-Free Ontario and Road Safety Statute Law Amendment Act that deals with distracted driving will take effect. According to the Government of Ontario website, deaths from collisions caused by distracted driving have...
Auto insurance rates have been a hot political topic in Ontario for many years. For instance, one or more political parties have promised the reduction of auto insurance rates as part of their election platforms. These ideas include Government run insurance systems...
Exploding sunroofs may sound like a rare occurrence but the number of incidents are increasing due to several factors. First, sunroofs have become larger and sometimes encompass the entire vehicle roof. The larger the sunroof, the harder it is to ensure it won't...
Breaking down some of the most common myths about car insurance. Red cars cost more to insure than any other color of vehicle. Contrary to popular belief, the color of your car has no impact on your premium, so driving a red car does not mean you’ll pay more for car...
