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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 »
Do retirees need life insurance? Mar 4th
Ask MoneySense
My wife and I are both retired office workers from a large manufacturing firm. She retired at 60 and I did at 61. We are both 67 now. We have good retirement income between our pensions, LIF, OAS and max CCP, as well as about $12,000 per year in dividend income. The issue is our RRSP.... More »
CPP payment dates in 2025, and more to know about the Canada Pension Plan + MORE Feb 24th
In Canada, no retirement plan is complete without considering the CPP. Whether you’re approaching retirement or still several years away from it, the Canada Pension Plan will likely play a role in your retirement income. How big a role depends on several factors. You may have other questions, too..... More »
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…
