These are the most expensive postal codes for auto insurance in the city. Here’s how you can save if you live in one + MORE Mar 16th

How to go about securing the best policy for your insurance in Canada.
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Why is auto insurance so expensive in Alberta? Dec 7th

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Uninsured motorist coverage protects you if you’re involved in an accident with someone who does not have valid insurance or who leaves the scene of a hit-and-run. 

Compare personalized quotes from Canada’s top car insurance providers.All in under 5 minutes with ratehub.ca. Let’s get started.*Get free quotesYou will be leaving MoneySense. Just close the tab to return.

We know what you’re thinking: Isn’t every vehicle required to have insurance in Canada? 

Yes, but the bad news is not everyone follows the rules. It’s estimated that there are more than 2,000 uninsured vehicles on the road in Ontario alone. If you’re unfortunate enough to be involved in a collision with the driver of one of those vehicles, it is a headache. (Learn more about third-party auto insurance, too.)

The good news is uninsured motorist coverage is a mandatory part of your auto insurance policy. And even the most basic of insurance policies has your back. “If you have a basic policy, you’re going to be covered,” says Pete Karageorgos, the director of consumer and industry relations at the Insurance Bureau of Canada…

Continue Reading On moneysense.ca »

My 2021 Kia Seltos was involved in an accident. It has been at a repair centre for almost two months waiting for replacement parts and they recently contacted me to say it will take another two months. The parts required appear to be pretty basic for a front-end collision repair:

A duct extensionFront skid plateRadiator support coverEngine wiring harness

I submitted an online request to the manufacturer and provided the information needed. In response I was told that the manufacturer is not responsible for the delays because I was involved in an accident—like really? I didn’t get into an accident willingly, it was “an accident” and it is not my fault nor the insurance company’s that parts will be unavailable for four to five months.

I am facing an outlay of $4,000 for a rental while my vehicle is in the shop. The manufacturer should provide me a rental car or forgive my payments until those parts arrive. If they sell a vehicle, they have to make sure that parts are available when needed or provide a loaner—or just don’t sell it…

Continue Reading On moneysense.ca »

These are the most expensive postal codes for auto insurance in the city. Here’s how you can save if you live in oneThe City of Toronto came in as the seventh most expensive city in the province for auto insurance, with the most expensive postal codes — M3N and M9M — in Humber River-Black Creek.

Continue Reading On thestar.com »

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