All about Canadian insurance. Learn the ins and outs and get the latest news.
Latest News
California bear-suit luxury car scam ends in insurance fraud sentences for 3 Apr 18th
LOS ANGELES (AP) — Three people in California have been sentenced for insurance fraud in a bizarre scam that involved someone dressed in a bear costume damaging luxury cars..... More »
Saskatchewan Government Insurance hits the gas on driver licence fees + MORE Dec 21st
REGINA _ Road test fees are more than doubling for people looking to get their driver’s licence in Saskatchewan.
Saskatchewan Government Insurance says the road test for a class 1, 2 or 3 licence _ which includes trucks with more than two axles and semi-trailers _ will cost $100, up from $40.
.... More »
The best travel insurance credit cards in Canada for 2024 Nov 16th
If you’re one of the nearly 80% of Canadians planning a trip outside your province or territory this year, you’re going to want to use a travel credit card with solid insurance.
Top 3 cards for travel insurance
featured .... More »
Tories target pocketbook perks as election looms + MORE Oct 10th
Conservative Leader Stephen Harper speaks during a campaign stop in Saskatoon, Sask, on Wednesday, October 7, 2015. (Nathan Denette/CP)
SASKATOON – Sheri Rudoski was beaming as she left a speech Stephen Harper delivered to parents and wailing babies in Saskatoon on Wednesday.
She wasn’t .... More »
NEW CMHC Restrictions: New Rules for Low Ratio Mortgages + MORE Jun 7th
It seems hardly a week goes by this spring without a new announcement from Canada Mortgage and Housing Corporation – another slew of changes were announced today, targeting multi-unit developers and low-ratio mortgage borrowers.
What are the New Changes for Mortgage Borrowers?
As of July 31, .... More »
Don’t Be A Car Insurance Fraud Victim: 7 Steps To Take
– ratesupermarket.ca
Whether it’s a staged collision, arson or a simply an exaggerated claim, insurance fraud comes in many forms. But one thing is clear: you’re the person that ends up paying for it.
At least 15 cents of every dollar policyholders pay for their insurance policies goes towards paying out false claims, according to the Insurance Bureau of Canada.
Industry statistics suggest the most common types of insurance fraud as staged auto theft, arson, fake damages and inflated claims. While many bogus claims are the work of organized crime, individual policyholders are often equally at fault.
Fake Auto Accidents
Staged accidents usually contain one of three elements: fake auto accidents with false injuries, misrepresentation about cars being hit while parked, and “victims” being added to real or fake accident reports.
Last year, in an investigation dubbed Project Whiplash, Toronto police laid a total of 130 charges stemming from 77 collisions police say were staged. A number of physiotherapy clinics across Toronto were implicated in the scam, and accused of submitting false invoices to insurers…
The case was tossed out of court even though the checkup that found the cancer was voluntary.How Much Will A Travel Credit Card Save Me On A Trip?
– ratesupermarket.ca
Have an action packed October? You’re not alone – between Thanksgiving, Halloween and the full-force back-to-school slog, it’s natural to yearn for the laid back days of summer and crave a little R and R. But there’s good news for those frazzled by their fall schedules; November is the perfect time to take off for a warm weather getaway. This is the sweet spot between hurricane season and the holiday rush, resulting in steep discounts for hotels and airfare.
How Can I Save Even More On Travel?
Want to take an extra frugal approach to your well deserved getaway? Consider an extra purchasing power boost with a travel credit card. There are many options designed to offset travel costs with points earned over time – and some offer new customers huge point gifts upon signup to get you flying right away.
The best travel reward cards come free of booking and seasonal restrictions, and earn rewards effortlessly with everyday purchases. But when it comes to actually booking – and saving – on travel, how far will a travel rewards card take you?
The Card: Test Flying A Top Option
I decided to put one of the top market options to the test to see if I’d really score a discount on the following travel costs:
- Airfare and accommodation
- Baggage insurance
-Travel medical insurance
-Trip delay and cancellation insurance
- Car rental insurance
The card I chose for my trip – the Capital One Aspire Travel™ World MasterCard®…
