By Lori Straus In 2015, a Toronto Uber driver got into an accident. Thankfully, no one was hurt. Because the other driver was at fault, their personal car insurance paid. However, the Uber driver wondered what he would do if he ever needed to make an insurance claim while working. In this blog post, I’ll
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Does Your Auto Insurance Cover Rentals?
After you’ve chosen your car, the sales clerk asks, “Would you like insurance with your rental car?” They then describe various types of coverage. Do you need this insurance? Or can you save yourself the cost? As with many things in the insurance industry, the answer is this: It depends.
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Which Cars Are the Cheapest to Insure?
You may assume that the cheaper the vehicle, the lower your insurance premium. These days, insurance costs are no longer as simple as they may have been when your parents were your age.
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Car Insurance for the Whole Family
Do I list my children on my auto policy? If your children will only use your vehicle(s) in an emergency, then you don’t have to have them specifically listed on your policy. However, if they will likely use your vehicle once or twice a week, even if they have their own, then you should list them as an occasional driver on your policy.
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How Much of Your Income Should You Spend on Your Vehicle?
General wisdom says you should budget either 10 percent of your take-home pay or 20 percent of your gross pay for your vehicle each year.
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Lowering Car Insurance Costs
What kinds of cars will help consumers lower their auto insurance premiums?
Karen: It’s getting so complicated now. That would have been an easier answer a few years ago. But in general, you may find better rates on a used car as opposed to a new car.
What to Do After a Car Accident
After a car accident: If anyone is injured, do not move them, and help them to stay calm. Get out of the car if it’s safe, and stay out of traffic
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Car Insurance for Young Drivers
The cost of car insurance for young drivers under the age of 25 is very high. A young male around 20 years old in Ontario with a clean driving record would be required to pay about $1,396 for a Honda Civic DX 2-door coupe clocking in at about 15,000 km per year.
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Online Car Insurance: Pros and Cons
Online car insurance vs off-line: before you decide, though, let’s take a look at the pros and cons of online car insurance…
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