How to go about securing the best policy for your insurance in Canada.
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Important tips on leaving real estate in your will May 11th
Q. In my will I am leaving my condominium and all of its contents to my son. I have taken out a life insurance policy so that he can use the money to pay the balance on my mortgage. What are the pros and cons of this plan?
– Annie
A. Hello, Annie. It’s clear that you’ve made your will, but you.... 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 »
Mortgage insurance calculator Jun 4th
CMHC insurance calculator
If you’re buying a home and have a down payment of less than 20%, you’ll need to purchase mortgage default insurance, also known as mortgage loan insurance or CMHC mortgage insurance (named after the Canada Mortgage and Housing Corporation, one of the three mort.... More »
How to deal with the rising costs of auto insurance due to car theft Apr 17th
Looking for a break on car insurance premiums is often top of mind for drivers. And finding ways to reduce that figure is especially important now, when rampant thefts have led to higher insurance costs.
How to lower the cost of auto insurance and prevent car theft
Experts say installing .... More »
CitiBank Cuts Travel Insurance On Credit Cards Jul 6th
Canadians with Citibank cards may enjoy the benefits that come with it, including travel and insurance perks. But as of September 22, 2019, Citibank has announced it is slashing those benefits – particularly the ones associated with travel.
The benefits that will no longer be honored are worldwid.... More »
Holiday deals can’t beat the savings you’ll get on car insurance
– ratesupermarket.ca
You have the perfect Christmas gift in mind for your co-worker, friend or loved one. Imagine stopping at the closest drug store and walking out with that perfect gift, only to find out later that it’s $50 cheaper at another store.
With Christmas in a little over a week, deals are now everywhere. It only makes sense to shop around and compare prices, from clothing and appliances to car insurance.
That’s right.
It’s easy to find deals on car insurance. And you don’t even have to wait until the holidays to do it. All you need to do is… search and compare.
The best way to find cheaper car insurance year-round
According to a survey done by the Financial Services Commission of Ontario (FSCO), over 50 per cent of Ontario policyholders don’t shop around annually for their car insurance upon renewal, making their renewal automatic with the same company.
But what people fail to realize is that insurers often change their rates. Every three months, FSCO releases the rate changes they’ve approved…
