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Types of Insurance Frauds to Watch Out For
Monday May 16th 2016 Posted By admin
Only a few Canadians commit insurance fraud, but its consequences affect everyone. Each year fraud costs insurers billions of dollars, which raises premium averages. Unfortunately, many of these fraudulent activities involve innocent parties, making it hard to detect. Awareness of insurance fraud and its many forms i
Why All New Drivers Absolutely Need Insurance
Friday May 13th 2016 Posted By admin
On the day you pass your G2 exam, you begin adding experience to your driving history. If young and living at home, this means you’ve graduated to a secondary driver. With your own vehicle, a G2 marks the day you need an independent policy to cover you from theft and damages. Unfortunately, new drivers—especiall
Did You Know Non-Payment Can Hurt Your Premium?
Monday May 9th 2016 Posted By admin
Missing a payment on your insurance premium can get you into steep trouble. Even if accidental, delinquency can lead to consequences. Policy Cancellation: After weeks of non-payment, expect to receive a notice of cancellation. Such a letter gives you a period to catch up on payments before losing your policy. Pr
Waiving Your Duty to Disclose Can Leave You Uninsured
Monday May 2nd 2016 Posted By admin
Don’t be like 19% of other Canadians who lie on their insurance applications. Respect your duty to disclose and tell your insurer the truth. Contrary to popular belief, lying can cost you money—not save it. How Many Canadians Lie to Their Insurers? According to a 2012 consumer’s poll, one in five Canadians om