While a personal auto insurance policy and a policy for commercial use may have similar coverage options, using your personal vehicle for business purposes is a violation of your agreement with your insurer. All business activity must first be disclosed to your insurer, and you may need to acquire separate commercial insurance to be covered for commercial driving, such as deliveries or transporting clients.

The cost of car insurance is reflective of your risk profile, with the monthly or annual rate impacted by various factors, including age, gender, the car you drive, how far you drive, your driving record, insurance history and more. For many people with a less appealing risk profile, insurance rates may be quite expensive. If you fall into a higher risk category, you may be paying more for your auto insurance. Connect with one of our car insurance brokers for advice on how to keep your premium low but still get extensive coverage.

We are offering ride-sharing insurance plans in Canada. Tailored for drivers using personal vehicles to ferry paying passengers, this coverage is a game-changer. Don’t let gaps in your personal auto insurance coverage leave you vulnerable. Want a quote for ride-sharing insurance? Look no further. Contact our Car insurance brokers now!

Estimating your car insurance premiums can be quite the puzzle. While car insurance estimator tools designed for Canadian drivers require less info, they often sacrifice accuracy. Car insurance costs are like a patchwork quilt across the country, with provinces like Ontario and B.C. boasting the highest premiums.

Here’s why:

Regulatory Regime: Some provinces, such as B.C., Manitoba, Saskatchewan, and Quebec, operate under public insurance or a hybrid public-private regime. Elsewhere, private companies handle auto insurance, each subject to provincial regulations.

Population Density: Densely populated cities tend to be hotbeds for higher auto insurance premiums. With more cars on the road, the likelihood of collisions and theft skyrockets.

Loss Ratios: Insurance companies dance to a different beat in every province or territory they operate in. The loss ratio, which measures revenue earned through premiums versus claims paid out, varies. A high loss ratio spells trouble for insurers, as they’re shelling out more in claims than they’re taking in through premiums.

Mandatory Minimums: Each province sets its own rules about minimum insurance coverage. Some, like Newfoundland and Labrador, mandate hefty coverage—$500,000, to be exact. The more coverage you’re required to buy, the steeper your bill.

Right-to-Sue Laws: Quebec boasts some of the nation’s lowest insurance rates because drivers can’t sue for damages. In Ontario, it’s a different story—severe injuries can lead to hefty lawsuits, driving up costs for insurers and consumers alike.

Weather Patterns: Canada’s diverse climate also plays a role in insurance costs. Harsh winter conditions in provinces like Alberta and Quebec can lead to more accidents and higher claims, influencing insurance premiums.

Navigating the maze of car insurance rates requires a keen eye and a sharp mind. That’s why comparing Car insurance quotes online is essential to ensure you’re getting the best deal possible.

Yes, as long as they hold a valid driver’s license. However, every driver residing in your household typically needs to be insured on at least one vehicle in that household. And if someone regularly borrows your wheels, they should be listed on your policy.

Just fill out our auto insurance form with your driver info (postal code, driving prowess, vehicle make and model, etc.). From here ( Auto Insurance Online Quotes ) We’ll sift through available auto insurance quotes, ranking them from pocket-friendly to splurge-worthy. Once you’ve zeroed in on your ideal rate, you’ll be connected with a seasoned car insurance broker to seal the deal.

Your insurance premium is the cash you fork over for the privilege of being covered by the car insurance policy of your choice. Whether you opt to pay monthly or annually, your premium ensures you’re safeguarded on the road.

A car insurance claim is your ticket to reimbursement after an accident, damage, or loss to your vehicle.

It depends on the severity of the accident. Your insurance rate may not return to its pre-accident/infraction levels for up to a maximum of six years. Commonly, insurance rates are affected by violations, misdemeanours and accidents, and will impact your driving record between 3–6 years. The more severe the accident or conviction, the longer your driving record and your premium will be affected.

Absolutely. Car insurance isn’t just advisable—it’s the law across Canada. Every province mandates a minimum level of coverage, with optional add-ons available for those seeking extra protection.