Commercial insurance Ontario is a type of insurance that business owners can purchase to protect their company from potential financial losses. This type of insurance can be customized to fit the specific needs of a business, and it typically includes coverage for property damage, liability, and loss of income. There are a number of different…
Home and property insurance is a vital part of protecting your home and belongings. However, with so many options available, it can be difficult to know which policy is right for you. This article will outline the basics of home and property insurance in Ontario and what you need to know before purchasing a policy.…
There are many risks associated with driving without high-risk auto insurance in Ontario. One of the most obvious is that you may be pulled over and ticketed for driving without insurance. If you are involved in an accident, you may not be covered by your insurance if you are considered a high-risk driver. This could…
Driving without a license in Ontario is a legal offense under the Highway Traffic Act. While this law prevents suspended drivers from driving, car insurance is still very important for car owners, even while suspended. In this article, you’ll find out why suspended drivers still need insurance, the mechanics of suspension, and how to get car insurance…
Canada requires every car owner to have auto insurance. Your policy should cover the owner, the vehicle, and the passengers. In the event of a collision, your insurance should also be able to cover the medical expenses of pedestrians you’ve injured and the property damage you caused. Some provinces, like Quebec, offer insurance that covers…
Even the most careful drivers may find themselves involved in a car accident: in fact, 1 in 3 Canadians will be in an accident at some point in their lives. As disconcerting as the experience may be, when you are involved in a minor collision there is a sequence of events that you should follow…
One of the first questions people want to know when they have been pulled over and issued a traffic ticket is how it will affect their insurance rates. The answer depends on the infraction and the type of ticket you are issued. There are 3 main types of traffic tickets: minor, major, and serious convictions.…
If you own a vehicle in Ontario, there are requirements around the types of insurance coverage you must purchase. Minimally, you must have: Third-Party Liability Coverage (minimum of $200,000 in coverage) – This protects you in the event someone else is killed or injured, or their property is damaged, as a result of your vehicle.…
Becoming a licensed driver is an exciting rite of passage. It’s important to remember, however, that with the anticipation of getting behind the wheel comes the responsibility of safely operating a vehicle and protecting yourself against possible driving risks. Whether you are the parent of a fledgling young driver or a new driver yourself, keep…
As with many industries, the insurance industry goes through cycles where it shifts between what are known as “hard” and “soft” markets. As an insurance consumer, it is helpful to understand these cycles and how they affect your insurance rates as well as your purchasing options. To better understand the industry cycles, let’s start by…