Every industry has its usual suspects of associated myths, and the insurance industry is no different—especially when it comes to auto insurance. Our brokers regularly come across the same misconceptions about auto insurance coverage and regulations, mostly regarding how accidents and tickets can affect your insurance premiums in Ontario. In this installment of Ask Adam, Adam addresses some of the most common myths.
We have a lot of customers who ask questions about high-risk auto insurance and what it means to be deemed a high risk driver after receiving a notification from their insurance company. We thought it would be a great opportunity to shed some light on the topic and make it a little bit less scary for those of you who find yourselves needing to shop around for new insurance.
If I take driver training, will it affect my car insurance rate? Is driver training worth it?
Patrick from Toronto
Most people have their cottages open and available for three out of four seasons, and closed during the winter. The process of getting your cottage ready to withstand the winter is called winterizing, and it is important that you are as thorough as possible with your winterizing techniques to protect your property and make sure it’s in great shape for the following spring.
When it comes to motorcycle insurance, many motorcycle owners have questions about how their policy premium is calculated and if they have to cancel their policy in the fall and start a new one in the spring.
Whether you’ve just earned your M2 or you’re a seasoned rider, an advanced riders training program can help you boost your skills, confidence, and safety on two wheels. Read more
Why would it cost me $3,000 – $4,000 for first time insurance when I only paid $1500 for my starter bike?
John in Scarborough
I run a daycare from my home, do I have coverage under my home insurance?
Sandra from Toronto
If you’re ready to hit the open road on a motorcycle, a rider training program will give you the skills and confidence you need to stay safe on two wheels. And not only is a motorcycle skills course a great way to learn how to enjoy your bike, it can help you save money too—insurance providers offer attractive discounts to graduates of MTO-approved motorcycle training courses in Ontario. Read more