At my local gas station this morning, regular gas was selling for $1.24/L and premium was 14¢ more expensive at $1.36/L. That's a whopping $8.40 difference if I were to fill my 60L tank. Not as much as I expected actually, but I will be putting regular gas in my car anyways. So why spend the extra $8?
Speeding is by far the most common traffic ticket given out in Canada. Do you know which traffic tickets will increase your insurance rates? Will photo radar and police issued tickets have the same impact on your insurance and driving record?
A new device has been created that can send an electromagnetic pulse through your vehicle, unlocking it instantly. The cost of this tool? Five dollars. This device gives thieves the ability to break in and steal valuable items from your car in a matter of seconds.
Your neighbour drives a BMV M Roadster, while you get around in a sporty 2000 Honda Civic SiR. You both have clean driving records and travel the same distance to work. The BMV is worth more than the Civic, and then the shock comes—you’re paying more for auto insurance. Consumers are left asking why—well, the answer is clear.
Every vehicle make, model and year available in Canada is rated according to the Canadian Loss Experience Automobile Rating (CLEAR) system. This rating system assesses each type of vehicle based on expected claims frequency and cost, and the likelihood the vehicle will be stolen. This assists in calculating insurance rates—the lower the claims risk, the lower the rates, and the higher the claims risk, the higher the rates.
When is a good time to get quotes on your Car Insurance?
Generally speaking the best time to get a quote on you car insurance is 30 to 60 days prior to your renewal date.
You may be asking why do I need to wait for my renewal date?
- We recommend this because when you cancel your policy before the renewal date most Insurers charge a penatly called a Short Rate cancellation. If you cancel at renewal time no penalty is charged.
How is the Car Insurance market currently in Edmonton, is now a good time to shop?
The short answer is yes and we will explain why.
- Over the last few years Auto Insurance has been a profitable line of business for Insurance Companies therefore they wan't to write more of it. In order to write more of it they are becoming more competative and offering discounts such as "switch and save". Switch and save is a discount that is applied to new customers just for changing over.
How do I go about getting a competative quote?
- We offer free quotes on the phone, in person or anytime on our website. The benefit of dealing with an Insurance Broker is we represent multiple Insurance Companies which serves you in offering competative premiums from multiple insurance companies. To start your quote now here is the link to our online quoting service.