How to go about securing the best policy for your insurance in Canada.
Latest News
Landlord pays high price for renter's medical marijuana grow-op Feb 27th
Longtime landlord Darryl Spencer was left scrambling for insurance after discovering a tenant was growing dozens of medical marijuana plants inside and outside his rental house..... More »
Canada’s best travel credit cards 2022 + MORE Jan 7th
With a good travel credit card in your name, going on a trip can suddenly become more affordable (when you are ready to travel again, of course). And, you can get even more value if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks such as lou.... More »
Insurance Fraud: The Leading Cause of High Insurance Premiums for Canadians Jul 2nd
An ever-present, growing problem in the Canadian insurance industry is fraud. What some view as a “victimless crime” can affect thousands of insured Canadians.
Insurance fraud can be well planned with a network of perpetrators working in tandem, or committed by a single person in a moment of du.... More »
What’s my RRSP contribution limit? Feb 12th
If you’re like many Canadians, you’re hoping you’ve paid enough tax in 2018 and may even be looking forward to a hefty tax refund. You can help ensure that happens by knowing the details of your Registered Retirement Savings Plan (RRSP), what sets them apart, your cont.... More »
How Does the Equifax Breach Affect Canadians? + MORE Sep 16th
Late last week, credit reporting agency Equifax reported it had suffered a major data breach that affects more than 143 million consumers in the United States. Between May and July this year, Equifax claims hackers were able to gain access to key consumer details such as Social Security numbers, bi.... More »
Best-Selling Minivans in Canada
– ratesupermarket.ca
The beloved minivan has become somewhat synonymous with the word “family.”
But what makes a great minivan? What makes it worthy to haul you and your loved ones around from school, to soccer practices and across country on family road trips?
When purchasing a new minivan, people will likely assess the vehicle based on its amenities, like seating capacity, storage space, and built entertainment systems to distract the kids during long drives.
However, price range, fuel efficiency, resale value and the cost to insure the vehicle are also all extremely important factors that matter before buying any vehicle.
If you’re in the market for a new minivan, GoodCarBadCar.com reports that the best-selling minivan in 2016 was the Dodge Grand Caravan, selling more than all the other minivans combined.
Take a look at the best-sellers listed here to assist you with your next purchase:
Dodge Grand Caravan
Starting MSRP (2017): $24,145
Cost of gas per year: $2,426 (fuel pricing not available for models that run on ethanol)
Toyota Sienna
Starting MSRP (2017): $33,690
Cost of gas per year: $2,241 to $2,570
Honda Odyssey
Starting MSRP (2017): $31,090
Cost of gas per year: $2,179
Kia Sedona
Starting MSRP (2017): $27,995
Cost of gas per year: $2,344 to $2,570
Chrysler Town & Country
MSRP (2016): $37,195**
Cost of gas per year: $2,467 (fuel pricing not available for models that run on ethanol)
Chrysler Pacifica
Starting MSRP (2017): $36,495
Cost of gas per year: $2,241
2017 Kia Rondo
MSRP: $23,195
Cost of gas per year: $1,830 to $1,892
2017 Mazda Mazda5
MSRP: $21,995
Cost of gas per year: $1,974 to $2,015
As mentioned before, the cost of insurance can make or break the type of vehicle you wind up purchasing…
10 travel insurance myths to stop believing now
– moneysense.ca
Travel insurance can be tough to understand, and if you’re not reading the fine print, you could be relying on inaccurate myths to inform your coverage decisions. Luckily, InsurEye, a Canadian insurance education site has compiled a massive list of 111 insurance myths that are out there. We’ve looked at the top 10 auto insurance myths, top 15 home insurance myths and top seven disability insurance myths. InsurEye debunked them all for you. Here are the top nine travel insurance myths to consider before you buy this coverage for your next trip outside Canada.
1. MYTH: Provincial insurance such as OHIP provides enough coverage during your trips outside of Canada.
FACT: No, provincial programs such as OHIP in Ontario, RAMQ in Quebec, AHCIP in Alberta or MSP in British Columbia provide very limited coverage that doesn’t exceed a couple of hundred dollars per day. A single day in a U.S. hospital can cost you up to $10,000. So consider getting travel medical insurance when travelling or alternatively, make sure that your credit card provides necessary coverage…
1. MYTH: Provincial insurance such as OHIP provides enough coverage during your trips outside of Canada.
FACT: No, provincial programs such as OHIP in Ontario, RAMQ in Quebec, AHCIP in Alberta or MSP in British Columbia provide very limited coverage that doesn’t exceed a couple of hundred dollars per day. A single day in a U.S. hospital can cost you up to $10,000. So consider getting travel medical insurance when travelling or alternatively, make sure that your credit card provides necessary coverage…
