All about Canadian insurance. Learn the ins and outs and get the latest news.
Most airlines and hotels are waiving cancellation fees, but collecting on travel insurance could be tough..... More »
The mega-retailer Walmart has grown considerably over the years, from its humble origins as a small store in 1960s Arkansas to the worldwide chain it is today. The company’s Canadian history started in 1994, beginning with the acquisition of 122 Woolco stores. A lot has changed in the past 25 year.... More »
TD First Class Travel Visa Infinite Card review: Should you sign up for this travel rewards card? Jan 11th
The TD First Class Travel Visa Infinite isn’t necessarily the first TD travel card you think of, given TD’s deep relationship with Air Canada and Aeroplan—but it’s worth considering for its flexible redemption program and partnership with Expedia. You can use the Expedia For TD online portal.... More »
Q. I’m about to start a home renovation. What type of paperwork and contracts should I have with the contractor? And do I need any type of insurance in case anything goes wrong, or am I already covered under a home insurance policy? –Sharon A. These are all good questions, Sharon. Let’s start .... More »
On April 8, 2020, the Insurance Bureau of Canada released the following statement: To help Canadians cope with the financial impact of COVID-19, the Insurance Bureau of Canada (IBC) member companies are offering substantial consumer relief measures. For consumers whose driving habits have changed si.... More »
Shopping in New York or Italy on holiday. Summer vacation to Mexico or Cuba. If you imagine where you want to travel overseas, there are so many great destinations to choose from. But, the concern is that some Canadians are underinsured when they travel. An RBC insurance survey found that over 33 percent of people in Canada have had to file insurance claims for visits to a doctor while overseas. And, that’s concerning.
Travel While Exciting, Comes Packed with Safety Concerns
Norovirus is prevalent on cruise ships. It’s unsafe to drink tap water in parts of the Bahamas, Russia, Mexico, Brazil and China. The Centers for Disease Control (CDC) reported that public swimming pools in the U.S. may contain fecal matter. And, some parts of the U.S. may have swim advisories for oceans and lakes due to the presence of bacteria like Vibrio or red tide which is a toxic algal bloom. Hence, a sudden sickness can adversely affect your travel plans.
“Travel is a wonderful, educational experience and it’s great to see that Canadians are exploring the world outside their own province or country so frequently…
Are you looking for cheap auto insurance in Ontario? Ontario has some of the highest insurance rates in Canada. The average insurance premium in Ontario is estimated at $1,473. According to the Kanetix.ca Insuramap tool, in Brampton, drivers pay about $2,494 and in Toronto it’s $1,948. These figures exceed the average by $500 to $1,000. With over six million residents in Toronto, depending on where you live in the greater Toronto area (GTA), factors like traffic and congestion account for the higher premiums. But, it is possible to find cheap auto insurance coverage.
Where to Find Cheap Car Insurance in Ontario
Every quarter, insurers can request to have their rates raised or lowered. It was the Financial Services Commission of Ontario (FSCO) until June, but insurance pricing is now regulated by the Financial Services Regulatory Authority of Ontario (FSRA).
They can approve and deny all of the requests that insurers have. For the most part, rate increases might occur because of higher payouts due to increased car accident claims in larger cities…