M&W Auto Insurance Articles

Learn all there is to know about Auto insurance in Ontario, from how it works, how you can save, and how to stay safe, avoiding claims.

Can a Dash Cam Get You Cheaper Insurance?

November 6, 2020

Insurance companies don’t currently offer a discount for installing a dash cam. But depending on what the dash cam records, it could be immensely helpful in helping you prove fault in a collision, or even getting you out of certain traffic tickets.

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When is My Car Considered a Total Loss?

November 4, 2020

Most vehicles are insured for their Actual Cash Value (ACV). As that value begins to depreciate over the years, however, it becomes increasingly likely that any damage sustained during an accident will render your vehicle not worth fixing. But what exactly are the factors involved in determining whether your car is a total loss? Read more

Are You Making Money With Your Car? Insurance Implications

October 28, 2020

If you use your car to make an income, you’re probably best off getting some kind of commercial auto insurance policy or at least a commercial endorsement on your personal policy. You may think it will cost a lot more, but not necessarily. Read more

Careless & Dangerous Driving in Ontario: Laws, Fines, & Penalties

June 9, 2020

Careless Driving and Dangerous Driving are both serious offences that can have a significant impact on your insurance premiums, and your life. Careless Driving is a provincial offence that can in some cases double what you pay for insurance in Ontario, can get your license suspended, and Read more

Ontario’s Graduated Licensing System – Everything You Need to Know

June 2, 2020

Since 1994, every new driver that wants to be licensed to drive in Ontario has to go through a three tier graduated licensing system that allows them to learn under controlled conditions over 2-5 years. Levels include G1, G2 and G. Read more

Buying a Used Vehicle During the COVID-19 Crisis

June 1, 2020

If you’re thinking about buying a car or truck during the current state of emergency, you may find it challenging to get that car on the road. There is currently no way to register your newly-purchased vehicle online, so if you don’t live close to a Service Ontario office that’s open, there may be no way to finalize your registration and get your new plates.

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Should You Lease or Finance Your Vehicle?

May 29, 2020

When you’re shopping for a new car, you may not have the money to pay for it all in cash. Leasing and financing are two popular ways to get the car you want, with payments you can afford. In terms of auto insurance, it makes no difference to your rates whether you lease or finance your new vehicle.

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Save Some Dough During the Pandemic With CAA MyPace™

May 22, 2020

CAA MyPace is a usage-based auto insurance program that can save you as much as 40% on your auto insurance if you drive less than 600 km a month. The less you drive, the less you pay. Sounds like just the thing for the pandemic.

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The Truth About Pandemic Auto Insurance Rebates

April 23, 2020

There is lots of news out there about insurance companies offering discounts and rebates to reflect a drop in the frequency and cost of claims. It’s true that insurance companies are doing their best to help their customers save during the crisis, but the maximum savings are only available by removing coverage, and that can be very risky.

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How to Order Your Insurance History

March 20, 2020

The auto insurance industry in Canada shares information on claims through a system called Autoplus. When you call to shop for auto insurance, your broker will order your Autoplus report, in addition to your driver’s abstract, to verify the information you’ve given her/him during the call. If you’re not sure what they will find on the report, you can order it yourself, free of charge. If you disagree with anything in the report, you can challenge it.

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