One of the ways you can find out the cost of auto insurance in Toronto is to use a car insurance calculator. Online car insurance calculators make it easy for you to fill out your information so you can assess your coverage and cost options. You'll get a sense of the average Toronto car insurance rates you can expect to pay, based on the information you provided. They are definitely a great resource when shopping for car insurance.
The 407ETR is one of the first examples of uninterrupted access toll highway. There are no toll booths. Vehicles report access using a transponder when entering and exiting the highway. If a car has no transponder, then the license plate is photographed digitally. Monthly billing takes place, with invoices summarizing travel sent to the vehicle’s owner.
The information and examples provided are intended as general information. This information does not constitute legal or insurance advice. You must speak to one of our insurance advisors before purchasing your policy to review additional coverage options and benefits that could be available. Insurance policies contain exclusions and limitations that may affect your coverage and the benefits payable.
Before shopping for the best car insurance rates, it is a good idea to do a little bit of homework first. Insurance companies know their products, and it can be easy to become tricked into signing on to a policy with hidden downfalls that the average consumer will not think to ask about. Insurance brokers are not obligated to quote the cheapest rate, so you should ask what those rates are and what the policies entail. Another aspect many shoppers forget to consider is cancellation fees. Before signing anything, you should read the fine print. Every policy has different stipulations, and you should understand what those are or risk being dropped if you get a couple of tickets.
We merged with Alex Berthelot Insurance Brokers in January 2013. With this acquisition we were pleased to obtain Alison Rogers who is a graduate of Sault College. She has been a licensed insurance broker for11 years and works in both personal and commercial lines insurance. In her spare time she is an active hockey mom and enjoys watching both her sons play hockey.
This insurance is required by law throughout Canada. It covers the costs associated with damages caused to another person or vehicle in an accident, including medical bills, rehabilitation, lost earnings, legal fees, and other expenses up to the limit of your policy. As a practical matter, you'll want enough insurance to cover a judgment against you in a major accident so that your personal assets won't be put at risk.
To follow that excellent advice, we’ll continue with another common tip: increase your deductible. It’s not uncommon for those who increase their deductible from $350 to $500 to save 10 to 20 percent on their annual car insurance cost, and possibly a lot more if you bump up the deductible to $1,000. As you discuss this with your car insurance broker or representative in Toronto, why not ask about how combining policies, or bundling insurance packages, can save you money. It’s quite reasonable to expect a 15 percent discount by having one company providing both your home and car insurance requirements. Also, if you have the means, paying your annual premium in one lump sum is another method to lower insurance costs.
As per law in order to drive in Ontario it is mandatory for all Ontario drivers to be covered under the minimum mandatory insurance coverage. Failure to carry valid auto insurance while operating a vehicle in Ontario can lead to numerous fines and place you in a sorely disadvantaged position when being considered for future auto insurance quotes and policies.
Other insurance conditions may arise depending on the type of vehicle, its use, and any customizations or modifications made to the vehicle. For example, if you have altered your vehicle to enhance its performance or appearance, most insurance companies would need to assess the vehicle to determine if they could insure it. If you plan on modifying your vehicle, call us first! We will let you know if the changes you plan on making could have an impact on your policy.