Canada’s best credit cards 2020 + MORE Nov 27th

Insurance policy getting you down? There are always sound insurance alternatives.
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 renters insurance

How to make the most of your TFSAs in retirement + MORE Dec 17th

Unlike your Registered Retirement Savings Plan (RRSP), which must start winding down the end of the year you turn 71, you can keep contributing to your tax-free savings account (TFSA) for as long as you live. Even if you make it past age 100, you can keep adding $6,000 (plus any future inflation adj.... More »

Uninsured auto insurance 101: What you need to know Dec 9th

Uninsured motorist coverage is used to protect you if you’re involved in an accident with someone who does not have valid insurance, or even if you’re left behind in a hit-and-run scenario. We know what you’re thinking: Isn’t every vehicle required to have insurance in Canada?  Yes, but the.... More »

Collision insurance: How it all works + MORE Dec 13th

Collision insurance is “extra.” It’s optional coverage that you can add on top of your basic full auto insurance, which, on its own, doesn’t cover you if you’re in an accident and you’re at fault. Many drivers opt in for collision, mainly because of the variable Canadian weather, road co.... More »
 renters insurance

A guide to the best robo-advisors in Canada for 2021 + MORE Jan 3rd

The robos have invaded. What was once a little-known investing tool for tech-savvy investors is now so commonplace, everyone from newbie savers to retired boomers using robo advisors to help manage their money.   While advisors and traditional fund companies still manage the majority of money in C.... More »
Canada’s best credit cards 2020Finding the right credit card could save you hundreds, if not thousands, of dollars a year. Whether you’re looking for lower fees, more rewards or simply valuable perks like travel medical insurance or rental car savings, every dollar counts. If you use your credit card wisely, pay off your balance monthly and find the right rewards program for you, you’re sure to come out ahead. There’s a slew of credit card options out there, and it can be challenging to find the best deal—but this list of best credit cards in Canada is here to help. We’ve highlighted the best in 13 different categories so that you can zero in on the ones that fit your spending habits, and offer features you truly value. Remember, this ranking is the starting point; the final decision is yours to make. 
The best credit cards in Canada 2020

Card
Rewards / Features
Annual fee

American Express Cobalt
(get more details)*

5 pts/$1 on groceries and dining
2 pts/$1 on travel, gas and transit
1 pt/$1 on everything else

$120

Scotiabank Gold American Express
(get more details)

5 pts/$1 on groceries, dining and entertainment
3 pts/$1 on gas, transit and streaming
1 pt/$1 on everything else
No FX fees

$120

TD First Class Travel Visa Infinite
(get more details)*

9 pts/$1 on travel (via ExpediaForTD)
3 pts/$1 on everything else

$120

Tangerine Money-Back
(get more details)*

2% cash back in up to 3 spending categories
0…

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Comprehensive car insurance provides auto coverage from an array of situations outside of collisions, including fires, severe weather damage, vandalism, or even theft. Designed to work with collision insurance, comprehensive car insurance allows you to make claims through your insurance to cover costs of repairs or even settlement if the repair estimates exceed the value of the vehicle itself. It is optional, but you will be out of pocket if your car gets vandalized or stolen. Keep reading to find more about how you’re covered and not covered with comprehensive.
What is comprehensive insurance?
What does comprehensive mean? Essentially, while collision insurance provides coverage to your vehicle when it is involved in a collision with another vehicle or object, comprehensive insurance considers many factors outside of your control. Scenarios include:

Your car gets stolen and later recovered
Someone spray paints across the side of your vehicle
A severe hailstorm damages the roof of your car
A fire or tornado renders your car a write-off
Lightning hits a tree and it falls on top of your car

“Comprehensive in and of itself covers you for things like theft of the vehicle, vandalism…

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