Driver recourse amid the GM recall + MORE May 22nd

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Common Life Insurance Mistakes to Avoid Mar 27th

Shopping for a life insurance plan that fits your particular situation can be a daunting task. There are many companies that offer life insurance and each company has pros and cons. There are also different types of life plans with many different options. In addition, mistakes can be made when enrol.... More »
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Driving Records and Life Insurance + MORE Oct 30th

Did you know that a poor driving record can affect a life insurance application? Convictions like multiple speeding tickets, dangerous driving and DUI (Driving Under the Influence) can all be cause for higher premiums or outright declines by the insurer..... More »

How much total ‘credit’ should a couple have? Aug 3rd

Q: I’m wondering how much total ‘credit’ I should have? My husband and I have a few credit cards and two Line of Credit (LOCs) between us totalling about $50,000. We don’t have a habit of maxing it out and we pay it off fairly regularly. I’m being offered another LOC f.... More »

6 times when a GIC is a smart investment choice + MORE Mar 13th

A guaranteed investment certificate (GIC) may seem like your grandfather’s kind of savings product. After all, his generation was fond of similar investment tools, like government savings bonds and treasury bills, and benefited from periods where interest rates were high enough to make these low-r.... More »
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What is renters insurance and how does it work? We make it make sense + MORE Jun 8th

While many people are under the assumption that their landlord’s insurance will protect them, there are actually big differences to be aware of, said money expert Jessica Moorhouse..... More »
When it comes to car insurance, readers wonder if loyalty pays: MayersSome readers think that loyalty to an insurer makes a difference and that by shopping around they may hurt their chances of having a claim paid. None of these things is true.

Continue Reading On thestar.com »

If you’re among the more than 235,000 vehicle owners affected by General Motor’s Canadian ignition switch recall, you don’t have to sit idly by while replacement parts are manufactured, shipped and installed—a process that could take months.
GM says it has conducted more than 80 different tests over extremely challenging road conditions on vehicles subject to the ignition switch recall and found the vehicles are safe to drive with only a single key on the key ring and the key fob removed.
Nevertheless, GM will cover the cost of a rental car if you request one at your local dealership. They’ll even cover the cost of additional fees and insurance premiums for younger drivers where rental companies require it. Not all dealerships will store your recalled vehicle however so it’s best to call in advance and have a plan B to park your recalled car.
All 2003-2007 Saturn ION, 2005-2010 Chevrolet Cobalt, 2006-2011 Chevrolet HHR, 2005-2006 Pontiac Pursuit (Canada), 2007-2010 Pontiac G5, 2006-2010 Pontiac Solstice and 2007-2009 Saturn Sky vehicles were recalled earlier this spring for faulty ignition switches linked to the deaths of 12 Americans and at least one Canadian…

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