All about Canadian insurance. Learn the ins and outs and get the latest news.
Two of Canada's largest life insurance companies welcomed a Saskatchewan government decision that clarifies the rules for a type of insurance policy that's been the focus of civil suits against them..... More »
Various Great-West Life websites have been offline for several days following what the company calls a routine IT upgrade, but the benefits and insurance giant says it has not been the victim of a hack, and customers are able to file claims as normal..... More »
Some of Canada's biggest insurance companies have updated their policies on marijuana use. The changes have a major impact on regular users' premiums..... More »
Car subscriptions are kind of like a lease; but one monthly fee covers the cost of the vehicle, maintenance, insurance and repairs. You can swap cars and pause or cancel a subscription at any time. Could actually owning a car become a thing of the past?.... More »
Here at RateSupermaket.ca, we keep you in the loop of different ways to save, whether it be on your mortgage, through investments, or on your car insurance. The Financial Services Commission of Ontario (FSCO) has reported that Ontario car insurance rates have increased by 2.06 per cent on average..... More »
Now that the election is over, it’s unclear how newly-appointed Premier Doug Ford will tackle rising auto insurance rates in Ontario.
Over the course of the 2018 provincial elections, both the Liberal and NDP party touched on plans to tackle rising auto insurance rates in Ontario – a hot topic for any Ontario resident with a vehicle, as the province is known to have the highest rates in the country. However, now that Doug Ford’s PC party won the election, it’s unclear how rates will be affected. The party’s published agenda mentions items like scrapping the carbon tax and lowering hydro fees, but does not specifically address the subject of auto insurance in the province.
Prior to Ford becoming the party leader this past March, the PC party indicated that if it was in power, it would end the practice of factoring where you live into your auto insurance rates. Statistically, drivers in urban areas pay more for coverage than drivers in rural areas because insurers receive more claims in areas that are heavily populated and simply have more people on the road…