The Alberta auto insurance market is in flux as both Sonnet Insurance and Aviva Direct Insurance have opted to leave the province (Sonnet auto only and Aviva Direct entirely). This sudden change in the market has left many with questions. Why did these companies leave Alberta? Is Alberta car Insurance bad business? What does this mean for policyholders with these insurance companies? Today, we seek to provide answers to some of these questions.
7 min read
What Does Sonnet Leaving Alberta Auto Insurance Signal For the Industry?
By Jake McCoy on Jul 17, 2024 6:45:00 PM
Topics: Online Quotes Auto Insurance Car Insurance
1 min read
When is a good time to get car insurance Quotes?
By Rob Marusin on Apr 12, 2012 10:32:00 AM
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 penalty 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 competitive 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 competitive 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 competitive premiums from multiple insurance companies. To start your quote now here is the link to our online quoting service.