How to go about securing the best policy for your insurance in Canada.
Finding you the best financial practices is what gets us up in the morning. And our staff is a great resource for these ideas. So we polled the staff in our office to ask one simple question: What mortgage hacks do you use to speed up your mortgage payments? Here are their best tips for getting o.... More »
It is a long-held belief that Amex® cards are just for the wealthy – but their current selection of cards should help to dispel that myth. From no-fee cards with low balance transfer offers, to top tier cards with VIP benefits and comprehensive travel insurance, there really is something for eve.... More »
For the last decade or so, Jim and Willina Collins have enjoyed a regular bonus by using their no-fee cash-back credit card to pay for many of their expenses, including holiday flight and accommodation bookings, gasoline, vehicle repairs, and insurance on their vehicles (the couple have a car and a .... More »
With an outstanding earn rate, no foreign transaction fees and a better-than-average travel insurance package, the Scotiabank Gold American Express card has garnered a lot of attention from Canadian travellers and cross-border shoppers. But is Amex a strong enough brand in Canada? And is this card w.... More »
The First-Time Home Buyer Incentive (FTHBI) will officially begin on Monday, September 2. The program was initially announced during the Federal Government’s budget launch in March. The down payment assistance program will be administered by the Canada Mortgage and Housing Corporation (CMHC), and.... More »
Everyone thinks about car insurance in terms of road liability. There are hefty fines for driving without insurance, and you should always have coverage in case of a collision. But what about those seasonal vehicles or classic cars you don’t drive?
As it turns out, there’s good reason to keep those vehicles insured year-round as well. You will be protected in the event that damage is caused while the vehicle is parked or stored. . You can change your coverage so you’re not paying for protection you won’t need.
Protection for a Range of Hazards
Even off the road, there are a number of ways your vehicle could be damaged. Fire, theft or other damage are also perils covered by auto insurance. If any of these happen to you, the bill comes out of your pocket. That can lead to substantial costs, especially if you are storing a high-ticket item like an RV or classic car.
Future Premium Discounts
If you do cancel your insurance, you have to start it up again eventually. But you may discover at that time you’re no longer eligible for long-term policy holder discounts from your insurer…