There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.
Latest News
What is an Insurance Grace Period? Sep 13th
Life gets busy sometimes. It’s not surprising you might forget to pay your insurance premium. But what does that mean for your coverage? Some insurance is optional, but some — like auto — is mandatory. So, the last thing you want is a cancelled policy.
Thankfully, you might not ne.... More »
New mortgage rules to steer consumers to big banks + MORE Dec 1st
Are you thinking about going to one of the smaller non-bank lenders for your next mortgage? If your property is worth more than $1 million you may be out of luck.
That’s just one of the conditions consumers shopping for a mortgage will now need to consider as the latest round of federal mortga.... More »
Collision insurance: How it all works + MORE Dec 13th
Collision insurance is “extra.” It’s optional coverage that you can add on top of your basic full auto insurance, which, on its own, doesn’t cover you if you’re in an accident and you’re at fault. Many drivers opt in for collision, mainly because of the variable Canadian weather, road co.... More »
Why is condo insurance going up? Sep 12th
Condo insurance increases have been making headlines. In B.C., there’s been a significant jump in premiums that are making condo-living increasingly expensive. According to online condominium data resource Eli Report, B.C. condos are bracing for insurance increases that range from 25% to a who.... More »
Review: Turo, the Airbnb of cars Feb 15th
Owning a car is notoriously expensive, but did you know you can actually make money with your car? Turo (formerly RelayRides) bills themselves as the Airbnb for cars is a service that allows you to rent out your car for cash!
That’s right, when you’re not using your vehicle, you can rent it out.... More »
Some readers think that loyalty to an insurer makes a difference and that by shopping around they may hurt their chances of having a claim paid. None of these things is true.Driver recourse amid the GM recall
– moneysense.ca
If you’re among the more than 235,000 vehicle owners affected by General Motor’s Canadian ignition switch recall, you don’t have to sit idly by while replacement parts are manufactured, shipped and installed—a process that could take months.
GM says it has conducted more than 80 different tests over extremely challenging road conditions on vehicles subject to the ignition switch recall and found the vehicles are safe to drive with only a single key on the key ring and the key fob removed.
Nevertheless, GM will cover the cost of a rental car if you request one at your local dealership. They’ll even cover the cost of additional fees and insurance premiums for younger drivers where rental companies require it. Not all dealerships will store your recalled vehicle however so it’s best to call in advance and have a plan B to park your recalled car.
All 2003-2007 Saturn ION, 2005-2010 Chevrolet Cobalt, 2006-2011 Chevrolet HHR, 2005-2006 Pontiac Pursuit (Canada), 2007-2010 Pontiac G5, 2006-2010 Pontiac Solstice and 2007-2009 Saturn Sky vehicles were recalled earlier this spring for faulty ignition switches linked to the deaths of 12 Americans and at least one Canadian…
GM says it has conducted more than 80 different tests over extremely challenging road conditions on vehicles subject to the ignition switch recall and found the vehicles are safe to drive with only a single key on the key ring and the key fob removed.
Nevertheless, GM will cover the cost of a rental car if you request one at your local dealership. They’ll even cover the cost of additional fees and insurance premiums for younger drivers where rental companies require it. Not all dealerships will store your recalled vehicle however so it’s best to call in advance and have a plan B to park your recalled car.
All 2003-2007 Saturn ION, 2005-2010 Chevrolet Cobalt, 2006-2011 Chevrolet HHR, 2005-2006 Pontiac Pursuit (Canada), 2007-2010 Pontiac G5, 2006-2010 Pontiac Solstice and 2007-2009 Saturn Sky vehicles were recalled earlier this spring for faulty ignition switches linked to the deaths of 12 Americans and at least one Canadian…
