There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.
Most airlines and hotels are waiving cancellation fees, but collecting on travel insurance could be tough..... More »
The mega-retailer Walmart has grown considerably over the years, from its humble origins as a small store in 1960s Arkansas to the worldwide chain it is today. The company’s Canadian history started in 1994, beginning with the acquisition of 122 Woolco stores. A lot has changed in the past 25 year.... More »
Life Insurance Needs For Older Parents In the past 25 years, there has been a growing trend to postpone parenthood until later in life. Many Canadians are choosing to focus on career, financial security, and other pursuits, before starting to raise a family. For those who wait until later in life to.... More »
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TD First Class Travel Visa Infinite Card review: Should you sign up for this travel rewards card? Jan 11th
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If your children live at home and will drive your car, even occasionally, your insurance company will consider them “occasional drivers” and will add them to your auto insurance policy. The rule also applies to others living in your household, including relatives and roommates. When should you add a child to your auto insurance policy, and when can they be omitted?
When should we add a child to our car insurance policy?
You need not add your child to your car insurance policy in Canada until they’ve been licensed to drive and are driving on their own. Most Canadian insurance companies don’t require you to include a teen who is still using a learner’s permit and can only drive with an adult in the car for learning purposes. Once they advance in your province’s graduated licensing programs and can drive without a supervising adult, you will need to add them as an occasional driver to your car insurance policy.
If your adult child lives at home with you and drives your car even occasionally, you should add them to your car insurance policy…