How to go about securing the best policy for your insurance in Canada.
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Your ID was stolen, here’s what to expect + MORE Jan 7th
Your identity was stolen—what does that mean, and how might it impact you in the future? It’s a frustrating situation to be in, and you may have concerns about protecting your credit rating and preventing scammers from using your identity to commit fraud.
Unfortunately, identity theft is on t.... More »
When buying critical illness insurance makes sense Jul 14th
TORONTO — It was about eight years ago that Brooke Robinson bought a critical illness insurance policy due to her family’s history of breast cancer, only to trigger it six years later for an entirely different and unexpected reason.
“I actually ended up with multiple sclerosis and it w.... More »
BREAKING: Ontario Car Insurance Rates Have Increased Jul 18th
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 1.11 per cent on average..... More »
5 things to know about the Equifax hack Sep 12th
MONTREAL — Credit monitoring company Equifax says it was hit between mid-May and July by a high-tech heist of sensitive personal information from about 143 million Americans, including an unspecified number of Canadians.
Here are five things you need to know:
1) What is Equifax: The Atlanta-based.... More »
What’s in Store for Global Bond Yields? Nov 3rd
Bond yields continue to suffer as interest rates around the world remain at near-record lows. According to a recent report by credit rating agency Fitch – which rates bonds and other credit held by government and corporations – “steep declines in global sovereign bond yields over the past f.... More »
Ontario Auto Insurance Rates Drop Up to 8%
– ratesupermarket.ca
Canadian commuters may be in the throes of the winter driving blues, but Ontarians have fresh reason to smile: auto insurance rates have been cut again, with discounts of up to 8 per cent available from providers across the province.
The Financial Services Commission of Ontario reports auto insurance premiums dropped an average of 1.5 per cent in Q4 2015, compared to a decrease of 0.5 per cent in the third quarter.
Drivers may receive a quote higher or lower than the average, based on the following:
The type of vehicle
Location
Accident history
Driving experience
Whether the vehicle is used for commuting or pleasure
Any optional coverage or deductible already in force
Click here to find the lowest auto insurance quotes in Canada>
Why a Rate Reduction?
There are a few factors prompting the price break from insurers. New regulations that require insurers to offer a rebate for drivers who use winter tires (effective for new and renewed policies as of January 1, 2016) were approved in the third and fourth quarters of 2015…
