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To be one of the best travel credit cards in Canada on our list, the card must combine strong earn rates with perks like lounge access, no foreign transaction fees and travel insurance coverage. We’ve compiled this list of the top cards in this category to help you get started.
Best travel cred.... More »
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Compare high-risk auto insurance quotes for Ontario
– moneysense.ca
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 rural area, and other data points. But the main factor that affects vehicle insurance premiums: How risky an insurance company thinks you might be as a driver, notes the Financial Services Regulatory Authority of Ontario (FSRAO), which regulates property and casualty insurance in the province. And, on top of that, if you’re a particularly risky driver in the eyes of insurance companies—one who they estimate could be involved in a claim—you’ll likely need to be covered by a high-risk driver insurance policy.
Here’s what drivers need to know about getting high-risk driver insurance in Ontario.
Are you a high-risk driver?
If you’ve been found at fault in a number of vehicle accidents, had a serious conviction (like driving under the influence, or a DUI) or a bunch of less serious ones (like traffic tickets), or you’ve missed premium payments and that led to your policy being cancelled, you might have been quoted an extremely high auto insurance rate or been denied insurance altogether…
