How To Choose The Right Auto Insurance Plan?By Danny Huang
OK let’s face it. There are many different auto insurance company that wants you to join their insurance policy and every company looks like they have the best deals to offer. However, to be honest with you, I think they all look the same to me. So How do you choose which company and which plan for you?
First, you need to ask what your budget is. You need to know what your finical status is and how much you can afford every month for auto insurance. Then you can narrow down some of the more expensive coverage in your insurance plans.
Second, decide the amount of coverage you want. Decide whether you want 15,000$ coverage per accident or 30,000$ coverage per accident. Normally, people will try to save money and choose a lower coverage. Personally, I would recommend choosing full coverage that would an accident fully. The reason is because the price difference between the two are minimal compare to the amount of they cover. For example, the difference maybe 10$ amount which means 120$ a year; however, if you get into an accident, the insurance policy will pay you maybe 50,000 than 15,000. You see the difference?
Lastly, find out what is the price range is for the coverage you have selected. After you know how much you want for your coverage. Go to different companies and ask how much their price is for the same coverage by calling them or checking it on their website. After you know how much different insurance companies cost find a well known brand with the lowest price on the same coverage.
**hint: you can higher your deductibles and lower the cost of the insurance company. However I would not do that since, you only save maybe 5$ a month and you have to put up with more if you get into an accident.
|
How expensive are BC?s car insurance rates compared to other provinces??
As of 2013, BC has the second highest rates -- only behind Ontario. The Insurance Bureau of Canada says the average premium in BC was $1,163 per policy last year.
IBC Top 10: Tips to Protect Your Home and Car While on Vacation
IBC Top 10: Tips to Protect Your Home and Car While on Vacation
LowestRates.ca Launches 2014 Back-To-School Money Saving Guide for University and College Students
LowestRates.ca, the mortgage, car insurance and credit card comparison website, today launched an easy to use guide filled with money saving tips and how-to's for students enrolled in post-secondary education. (PRWeb September 11, 2014) Read the full story at http://www.prweb.com/releases/2014/09/prweb12162853.htm
Burlington flooding insured damages estimated at $90 million
TORONTO, Sept. 2, 2014 /CNW/ - Insurance Bureau of Canada (IBC) reports that the preliminary estimate for insured damage caused by heavy rains and flooding in the Burlington, Ontario area in early August was just over $90 million, according to Property Claim Services (PCS). "This was a horrible situation, but unfortunately one that we are seeing far too often," said Ralph Palumbo, Vice-President ...
Summer flooding in Prairies pegged at over $60 million in insured damage
EDMONTON, Aug. 20, 2014 /CNW/ - Insurance Bureau of Canada (IBC) reports that the estimated insured damage caused by heavy rains and high winds across southern Saskatchewan and Manitoba in late June and July was just over $60 million, according to Property Claim Services (PCS). "The flooding, wind damage and transportation disruptions caused by these storms disrupted people's lives and ...
KANETIX.ca asks Drivers to take the Pledge to not be #DistractedToDeath
TORONTO, Aug. 20, 2014 /CNW/ - KANETIX.ca, where drivers go to shop for and compare multiple car insurance rates, is asking Canada's drivers to take the pledge to not drive distracted. Distracted driving contributed to more road fatalities than both speeding and impaired driving in Ontario last year, a trend the OPP predicts will be standard by 2016.
IBC Top 10: Reasons to Purchase Tenant's Insurance
As parents and students finish off their to-do lists to complete the big move, Insurance Bureau of Canada (IBC) reminds them about one very important item that is often overlooked: tenant's insurance. "Tenant's insurance is a must. It protects your belongings, provides liability protection and is very affordable," explained Ralph Palumbo, Vice-President, Ontario, IBC. "It's important to expect ...
Eight-Year Car Loans Fuel Canada Sales Over Debt Warnings
Gerry Cloutier, general manager of Myers Hyundai in Ottawa, has plastered the dealership with signs advertising 96-month, zero-interest loans. Close Gerry Cloutier, general manager of Myers Hyundai in Ottawa, has plastered the...
Edward Jones Ranks Highest among Full-Service Investment Firms in Canada Second Year in a Row, According to J.D. Power
Edward Jones Ranks Highest among Full-Service Investment Firms in Canada Second Year in a Row, According to J.D. Power
Insurance, mail and transit all impacted by September snow
While Fire and Enmax crews deal with broken trees and the power going out, multiple services in and around Calgary continue to be affected.
|
