BREAKING: Ontario Car Insurance Rates Increase Apr 21st

Insurance policy getting you down? There are always sound insurance alternatives.
Latest News
 term insurance

Scotiabank Passport™ Visa Infinite* Review May 19th

Attention MoneyWise readers! Sign up for the Scotiabank Passport™ Visa Infinite* Card today and for a limited time, get up to 25,000 bonus points with your first $1,000 in everyday purchases in the first three months. That’s already $250-worth of rewards! And for a limited time, get $75 IN.... More »
 term life insurance

Scotia Momentum® VISA Infinite* Review May 15th

Attention MoneyWise readers! Sign up for the Scotia Momentum® VISA Infinite* card and, for a limited time, get $75 IN CASH via Interac e-Transfer or a gift card from RateSupermarket.ca upon approval! Are you looking for a well-rounded, high-earning cash back credit card with travel perks and no a.... More »

Founder of Chinese company with billions in B.C. assets gets 18 years for fraud May 11th

Anbang Insurance Group's extensive B.C. holdings — including Vancouver's Bentall Centre and the largest retirement and care home company in the province — is now controlled by the Chinese government..... More »
BREAKING: Ontario Car Insurance Rates Increase
Here at RateSupermaket.ca, we keep you in the loop of different ways to save, whether it be on your mortgage, through investments, or on your car insurance. The Financial Services Commission of Ontario (FSCO) has reported that Ontario car insurance rates have increased by 2.23 per cent on average.
Car insurance rates fluctuate based on a number of different factors. However, before an insurance company can change rates, it must first be approved by the Financial Services Commission of Ontario (a regulatory agency of the Ministry of Finance).
FSCO publishes approved rate changes quarterly, and the latest results are in:
In the first quarter of 2018, approved rates from auto insurance companies increased by 2.23 per cent on average – not a huge increase, but notable.
The range of approved rates seemed to be significant, with some companies lowering their rates by about one per cent, and another inflating its rates by 9.96 per cent on average.
“Consumers are urged to shop around for auto insurance,” FSCO said in its quarterly statement…

Continue Reading On ratesupermarket.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!