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Compare car insurance quotes from Canadian providers.

Authors :
MacGregor, Sandra
Source :
MoneySense; 5/10/2024, p1-1, 1p
Publication Year :
2024

Abstract

This article discusses the importance of comparing car insurance quotes from Canadian providers in order to find the best coverage at a low cost. The cost of car insurance is rising, so it is recommended to shop around and compare quotes to minimize expenses. Various factors, such as driver profile, vehicle model, driving history, location, and market conditions, determine insurance quotes. To decrease insurance costs, it is advised to research and obtain multiple quotes, raise deductibles, bundle policies, look for discounts, consider a used car, and maintain a safe driving record. Insurance brokers can assist in analyzing needs and presenting quotes from multiple insurers, while insurance agents provide quotes only from a specific company. Comparison sites offer online search services to receive quotes from various insurance companies for easy comparison. Insurance companies have the right to deny coverage to high-risk drivers, such as those with a suspended license, frequent speeding tickets, or involvement in insurance fraud. Changing car insurance coverage after an accident is possible, but the new provider will consider the incident when offering a quote, making it unlikely for the rate to be lower than the current one. [Extracted from the article]

Details

Language :
English
ISSN :
14881349
Database :
Complementary Index
Journal :
MoneySense
Publication Type :
Periodical
Accession number :
177211750