In a word… Yes. While some insurance providers will let you add yourself to a roommate’s tenants insurance policy, allowing you to share the cost of the premiums, do NOT assume that you and your belongings are covered under their plan. Because the cold hard truth is that you are likely not. Tenants insurance is
Life After COVID-19: What Will It Mean for My Insurance?
It came upon us quickly, and lingered on long enough to change our lives indefinitely. Now a new (old?) normal is on the horizon, and that can mean changes that affect your insurance policies. Whether for your car, your home or your cottage, it’s important to make sure these policies are up to date while
What Type of Vehicle is Cheapest To Insure?
There are lots of myths out there about what kind of car or truck will cost you more or less to insure. Most Ontarians would assume that a sports car will come with higher insurance rates, especially a red one. Not necessarily true. We also think that the bigger and more expensive the car, the
Toronto’s Most Expensive Neighbourhoods for Auto Insurance
Within the current boundaries of the City of Toronto, there are 102 postal code groups (first 3 letters) that identify an area or neighbourhood, and can affect the premium you pay for auto insurance. Of all the postal codes, those in Scarborough are the most expensive, with 16 of the 17 Scarborough postal codes paying
Pros & Cons: Insurance Brokers, Agents, Direct Writers & Comparison Sites
There are four different ways to shop for home, car or other personal insurance in Ontario. You can shop directly with an insurance company, or with an agent that only works with one company, and that will get you exactly one quote. Or you can shop with a licensed insurance broker or online insurance comparison
Why Young Men Pay More for Car Insurance, & What They Can Do About It
For as long as there has been car insurance, men have paid higher premiums than women. This is not unfair discrimination. It’s based on hard facts. They also make more claims and more expensive claims.
Young Driver in the House? How Much For Insurance?
For parents who have new and learning drivers in the house or maybe even getting their own car to go off to school, it’s good to know how much you can expect to pay for their auto insurance. The short answer is that for a family living in North York, it could cost you as
How Much to Insure Canada’s Cheapest Cars?
If you are considering buying a vehicle on Auto Trader’s list of Canada’s cheapest vehicles, you should know that the lowest-cost vehicles don’t necessarily get you the lowest insurance premiums. Here’s what it would cost 4 Ontario drivers to insure the cars on the list.
No Tickets, No At-Faults – 10 Reasons Your Rates Can Go Up Anyway
Everybody understands that when they have an at-fault accident or a speeding ticket, their auto insurance premiums are going to go up. The reality is your premiums can go up for lots of other reasons too, including moving, changing cars, or just because claims have gone up in your area.
Usage-Based Insurance Can Now Surcharge You
When usage-based insurance (UBI or telematics) first came to Ontario in 2013, the law allowed insurers to give discounts based on good driving behaviour, but did not allow surcharges based on bad driving behaviour. As of November 2020, the law has changed, and insurers can now surcharge you if your telematics app records risky driving
