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 site, and that will likely get you dozens of quotes.
On June 8, 2019, the Financial Services Regulatory Authority of Ontario (FSRAO) replaced the Financial Services Commission of Ontario (FSCO) as the regulatory body for insurance in the province.
The COVID-19 pandemic is wreaking havoc all over the world, leading not only to severe health challenges and social isolation, but also financial and logistical problems related to closed offices and a badly struggling economy. During this time, it’s still best to keep all your insurance up-to-date, but Read more
Remember when your mom taught you to always tell the truth? Well she probably wasn’t thinking about insurance at the time, but she did know that when you lie, people eventually stop trusting you. And when they stop trusting you, they just don’t want to deal with you anymore, because they can’t be sure about anything that you say or do.
Missed payments are not in and of themselves a rating factor for insurance, but if you fall behind by more than a month, that could lead to you being cancelled, and that will definitely affect your future insurance rates.
In Canada, we love small business, and with good reason. Who doesn’t want to know their local grocer or mechanic, or have their kids go to school with their insurance broker’s kids? As Canadians, we have a natural preference for small family businesses. They are our neighbours. We trust them.
In our world of online buying and selling, we’ve grown accustomed to buying something and seeing the money come out of our account right that very second – or at least the next business day. When you switch from one insurance company to another, it can be a big cause for concern when weeks or even months pass, and no money comes out of your account.
Why doesn’t the brokerage that won innovator of the year and brokerage of the year use online quoting tools?
We live in the age of online. You can fill a prescription, design your own business cards or get a four course meal delivered, all without talking to a soul. It makes sense then that many Canadians now prefer to get their auto insurance quotes online, and there are lots of options available to them when they do. Read more
Much has been said about the value of working with an independent insurance broker for all your insurance needs. Unlike buying directly online from the insurance company or through an insurance agent, dealing with a broker means that you have access to more than one insurer.
Has this ever happened to you? You call an insurance broker, give them all your information, and get back a super quote that meets all your needs at a price that might be significantly cheaper than what you are currently paying. Read more