Compare auto insurance quotes for Toronto Dec 18th

How to go about securing the best policy for your insurance in Canada.

Latest News

Compare high-risk auto insurance quotes for Ontario Feb 8th

The cost of auto insurance—which is required for drivers in Canada—can vary widely. Why? Because it’s all about risk. How risky your car is—is it prone to safety issues that could cause an accident? Is it a car-thief magnet? How risky your neighbourhood is—whether you live in an urban or r.... More »

Your ID was stolen, here’s what to expect + MORE Jan 7th

Your identity was stolen—what does that mean, and how might it impact you in the future? It’s a frustrating situation to be in, and you may have concerns about protecting your credit rating and preventing scammers from using your identity to commit fraud. Unfortunately, identity theft is on t.... More »

Compare auto insurance in Calgary Mar 13th

If you’re buying a new or used car, SUV or pickup truck to drive the streets of Calgary, you’ll also need to shop for auto insurance—it’s required in Canada. Alberta drivers pay the second-highest car insurance rates in Canada (after Ontario), according to the Automobile Insurance R.... More »

Auto loans for newcomers—questions to ask when buying your first car in Canada Dec 22nd

Buying a car in Canada can be a daunting task for newcomers to the country, facing unique challenges like a lack of credit history, an unfamiliar selection of vehicles, new regulations, and new financing and insurance options. Below, we’ll dive into the important steps, tips and pitfalls to help n.... More »

Cost Management Strategies for Canadian Group Benefit Plans May 12th

The cost of providing comprehensive benefits continues to rise. Managing group benefits effectively is critical for employers in Canada. The need to find balance between offering appealing group insurance to employees and maintaining financial sustainability is not easy. Here are some innovative co.... More »

Compare auto insurance quotes for Toronto

– moneysense.ca

Congratulations! You’ve shopped around and found the car or truck you love. But you’ll need insurance before you drive it off the lot—it’s required in Canada. And when it comes to getting a great insurance rate, it pays to comparison shop, as it does with any major purchase.

Want to know about the ins and outs of doing this well? Read on to learn how to compare car insurance quotes for Toronto and get the best deal.

What affects auto insurance costs in Toronto?

Insurance companies in Canada make rate decisions based on a driver’s financial risk, and they account for a number of factors when they choose how much to charge for insurance.

Insurers set premiums based on the following details: personal characteristics, where you live, your vehicle type and how much you drive. Let’s take a closer look.

Resource highlight

Compare car insurance quotes and save
In under five minutes, compare personalized auto insurance quotes from Canada’s top providers…

Continue Reading On moneysense.ca »

Why not follow our RSS feed to keep in sync with the latest Canadian Insurance news?

Share