Author Archives: carinsuranceguru

How Much is Car Insurance in Ontario For a New Driver

How Much A New Driver Should Pay For Car Insurance In Ontario

Do you know how much you’re going to have to pay an insurance company as a new driver in Ontario, Canada? You don’t have to wonder any longer because here we’ll teach you the best ways to find more out about insurance pricing.

As a new driver, you may have to pay a little more just because you haven’t proven yourself as a safe driver. But, as time goes on if you don’t get into any accidents, you will begin to get discounts.

Pick out a company to get your insurance from that has a plan that allows you to save as long as you are a safe driver for the best deal. Even if you do get into an accident, as long as it doesn’t happen multiple times in a short time period, you can usually get better and better deals if you make sure no accidents are your fault.

You can get quotes online, and they will let you know who is charging what. Be honest when using software and make sure you contact the insurance provider before signing up just in case the rates you’re seeing are no longer what they will charge you.

There are all kinds of factors at play when they determine your costs, and one of those factors will be what kind of coverage you’re trying to get. You can go with liability which just covers someone else if you get into an accident or you can get full coverage that costs more but covers any damage that happens to your vehicle.

You will probably have someone at the insurance company try to talk you into getting more insurance than you need. Look at how much you’ll be paying over a year if you go with very expansive coverage. If you notice that this number is far higher than what your vehicle is worth, it may be best to go with a lower level of coverage. Then, you can save back some of the money you’re saving on insurance so you can just get another used car when yours has an issue.

Did you know that in some places men have to pay more than women and in other places it’s the other way around? If you’re a man under 25 years of age, the statistics show that you’re more likely to get in an accident in Ontario. Usually, the rates go by what the stats show in an area so it’s going to depend on what has been happening. Either way, later on in life you may end up saving money just because you’re less of a risk at an older age.

How much can you get car insurance for as a new driver in Ontario, Canada? Before you agree to pay anything, it is helpful to know who charges what and whether or not that’s fair to pay. Getting multiple quotes and then making your choice is a better idea than guessing.

List of Auto Insurance Companies in Ontario

The Top Car Insurance Companies In Ontario, Canada

Ontario, Canada, is one of the most popular cities in the world and it is an economic powerhouse. This is why it’s no surprise there are many insurance companies there. Here are some of the top auto insurance companies in Ontario.

1. Aviva – One of the largest insurance groups in Canada is Aviva Canada, which provides home and business insurance, as well as auto insurance. The company is known for providing quality auto insurance and they have more than three million customers. The company employs over 2,500 independent brokers and they have over 3,000 employees, as well as 40 offices. They offer standard coverage, collision protection, comprehensive coverage and much more.

The company offers affordable plans. However, they don’t have a flat-rate. This is a good thing and it means you could end up saving a lot of money on insurance from Aviva.

 

2. Economical Mutual Insurance – This company launched in Canada in 1871 and since then it has grown into one of the largest insurers in the country. They have over 1,500 employees that provide different types of insurance, including auto insurance. There are millions of people throughout Canada and Ontario that have auto insurance from Economical Mutual Insurance.

The company covers a range of things, such as legal fees, if you are being sued. They also cover medical expenses, theft and vandalism. Accident repairs, rental car costs and lost wages are also covered, but only if you’re injured and if you cannot work.

 

3. Travelers Canada – Another insurance company in Ontario is Travelers Canada. They insure many types of vehicles, including private passenger auto, antique cars, motor homes and recreational vehicles. The company offers extensive coverage and they have optional coverage for things such as increased liability, physical damage and accident benefits. Let’s not forget to mention that they have a claim emergency service that operates 24/7, which means you can file an emergency claim at any time of the day or night.

One of the best things about Travelers Canada is they offer you numerous ways to save. This includes having a clean driving record and no accidents that were your fault in the past six years. If you want great car insurance, then request a quote from Travelers Canada.

 

4. Allstate – Allstate is a well-known car insurance company and they have a main office in Ontario and if you’re looking for reliable insurance, then look no further than Allstate. There are many benefits of getting an insurance policy from Allstate, which includes savings and you get an online account. If you want to be able to manage your insurance policy and check on it at anytime, then you should purchase car insurance from Allstate.

 

Those are a few auto insurance companies in Ontario and each one offers excellent insurance. If you’re looking for a good insurer, then consider buying a policy from one of the above companies. Make sure you get a quote from each company and then choose the one that offers you exactly what you want.

 

Is Driving While Smoking Marijuana Illegal

Is It Illegal to Smoke Marijuana and Drive in the US

When it comes to the laws regarding pot, it can be difficult to keep up. Once upon a time, the smoking or possession of marijuana was illegal across the US.

However, that has been changing and today, many folks are wondering what that means as far as driving while under the influence among other things.

States across the nation have been decriminalizing marijuana, while some have been taking varying steps to legalize the substance. More than a decade ago, some states started passing laws to allow certain patients to have access to marijuana. These medical marijuana patients paved the way for increasing legality of the drug, which was once primarily imported from south of the border.

Along with the legalization came people who could grow the herb legally for the patients they served. These caregivers and growers were allowed to have access to marijuana, just like the patients could. Many of these growers worked for several people at once, helping them to obtain their medication with ease.

Research has been done and products made in these states that allow patients to further focus their activity to receive exactly the benefits that they are seeking. Whether looking for a body high or a mind, these patients can find educated men and women at the marijuana shops.

However, the legalization did not stop there. In addition to medical pot, several states have begun to pass laws allowing for recreational usage of marijuana. This is great for those who do not want to sneak around about smoking a joint once in a while. But it can become problematic when talking about the law.

Determining whether or not a person can use marijuana and then drive is a difficult thing to explain. Although it is illegal to get behind the wheel while intoxicated, it is not always a simple thing and there are some lawmakers who want folks to go to jail even for minute amounts of weed that could have been smoked days before.

So, the area in which a person lives will have something to do with the answer to this question. Because the laws are constantly changing, the rules that govern one case may not apply to a similar one just a year down the road. If you ever have a legal question, it is always best to err on the side of caution.

Also, speaking to a legal professional or finding current government documentation reflecting the rulings of recent cases is a way to protect yourself further.

Although the laws allowing for recreational use of marijuana have allowed greater freedoms for those who enjoy it, it can also put them at greater jeopardy for troubles with employers and legal officials.

Understanding the complicated laws in the country requires continual study, particularly in regards to marijuana where the subject is under a complete metamorphosis. It will indeed be interesting to see what the future holds for this herb now that it is being legalized.

 

 

What is the Real Cost of Owning a Car

What are all the costs involved with buying a car. Well, there are many. I guess that owning a car can be regarded as a luxury, at least in most countries. Not so much in North America as it seems that every household owns at least two cars.

So, here are some of the costs involved with owning a car :

1. The actual price tag –  If you buy the automobile outright (not many people can), it depends on what model it is. For example, if it is a Ferrari, it can cost anywhere from $250,000 to $1,700,000 (1.7 million).

But, if you are like most people and not filthy rich, a Hyundai Elantra might cost you $18,000 new, a GM Cadillac sedan around $40,000, Chevrolet Cruze around $16,975 to $24,000, Ford Escape SUV $24,000 to $30,000, Ford Fiesta $14,000 to $21,000, Ford F-150 truck $26,500 to $63,000. It really depends on how many extras you add to your purchase.

Then again, most people finance their car over 60 to 84 months, so the monthly expense can range greatly from roughly $250 – $1,000 depending on your down payment, interest rate and term. You can also lease a car which is less expensive, but you will not own it, unless you buy it after the 3 or 4 year lease.

Remember that the car company will look at your credit report and ask for proof of income before handing over any car to you. It is just part of the game, just like a loan.

 

2. Fuel – Do you use regular or premium gasoline? What kind of mileage does the car get? Average fuel costs were $1,682 per year ($140 per month), according to AAA.

But what you’ll pay depends on the car you drive. Over five years, a family could spend $18,000 to fuel an SUV, compared to only $11,000 for a large sedan, according to Edmunds.com data.

 

3. Tires – Okay, hopefully when you get your car it will have tires on it (Ha Ha), but if you live in the north part of the USA or Canada or another part of the world that has cold winters, you’ll need snow tires too. All season tires are not as good as snow tires, so those will cost you about $1,000 or so for four. And you’ll have to replace your summer tires every 4 or 5 years, so you’ll have to consider all that.

 

4. Maintenance and repairs – How much will it cost for the scheduled maintenance recommended by the manufacturer, including oil changes, tire rotations, battery inspection and testing? It shouldn’t cost much every 6 months or so, but that might go up after a few years depending on the complexity of the maintenance.

What type of repairs will be needed, and how much will they cost? Total costs averaged $700 per year, the AAA study found. So, if you are buying a new car, try and ask for free oil changes or a discount on future maintenance. They might just give that to you. If not, shop around at other dealers first and find out who has the best deals.

 

5. Taxes and fees – This category includes state and local taxes, license, title and registration fees, and other fees. Nationally, they averaged $665 a year, according to the American Automobile Association (AAA).

 

6. Insurance – To estimate car insurance, insurers take into account a vehicle model’s accident history and repair costs, among other factors. Of course, your driving history is also a factor they consider too.

For example, family-friendly minivans, which are typically driven by experienced, safety-oriented motorists, are cheaper to insure than high-end sports cars that are fast and expensive to repair, according to the Insurance Information Institute. Insurance rates vary from state to state, as well. You can see rates using NerdWallet’s car insurance quotes tool.

 

7. Depreciation – How much value the car loses each year is the single largest ownership expense, according to AAA. New cars can lose over 20 percent of their value in the first year, crazy though that might seem.

Used car prices are influenced by supply and demand, so they’ll depreciate more quickly if the market is flooded with used and off-lease cars for sale. Some models are known for holding their value over time, so look up the estimated depreciation of the cars you are considering on Edmunds or Kelley Blue Book websites. If a certain car loses value rapidly at a specific point, say, in the third year, you might consider selling it before it hits the limit.

 

8. Interest/financing – We talked about this a bit already. The interest rate and the length of your car loan affect your total cost of financing. The longer you finance a car, such as 7 years vs. 5 years, the more you will pay overall. Of course, the longer term you have, the less your monthly payment will be. That is what gets most people. You pay less now monthly, but when the long term is over your car is not likely worth much.
It may or may not be better to finance your car at a bank vs. at your car dealership. You’ll have to ask both parties first how much their rates are and be sure to read the fine print.

So, taking all of this into consideration, you can quickly see that owning any car is expensive. You can expect to pay $500 – $750 a month or more when you factor in everything.

You should seriously consider purchasing a used car (even just 1 or 2 years old), because you will save money. Just try and get one with the warranty still in place.

 

Cheap Auto Insurance Bundle Discount Quotes – Save Up To $500

If you are looking for auto insurance quotes from various car insurance companies that is a wise move. Most people just stick with the same company for years without ever checking to see if better offers are available on the market.

Insurance companies offer bundling, or what they call multipolicy discounts, because they want to maximize their profits and get more of your business. Once they get your business, they want to keep it; retention rates are higher among customers who bundle home and auto insurance or other policies.

There are other advantages, too. If your driving record takes a turn for the worse or you’ve made a high number of auto insurance claims, having all your policies in one place might protect you from being dropped by your insurance company.

With bundling also come conveniences, like getting one bill for all your insurance premiums and having an agent review all your coverage at one time.

Bundling home and auto insurance generally works in two ways. Some insurers, like Nationwide, offer a single multi policy discount. At Nationwide, it’s up to 20%. As with many insurance companies, Nationwide’s bundling discounts can apply to combinations of home, auto, life, motorcycle, boat and other insurance products.

Other insurers, like State Farm, offer separate discounts instead of a single multipolicy discount. State Farm customers who bundle home and auto insurance policies can get up to 22% off their auto premiums and up to 35% off their homeowners premiums.

Keep in mind that renters home insurance and condo insurance will offer less of a discount because of less coverage needed and less living space involved. In other words, you might only see a 5% discount versus 10% if you owned the home.

 

Multiple Policy Discount Insurance Quotes

Nationwide Insurance Multiple Policy Discounts

Progressive Insurance Multiple Policy Discounts

Liberty Mutual Insurance Multiple Policy Discounts

Travelers Insurance Multiple Policy Discounts

Allstate Insurance Multiple Policy Discounts

 

If possible talk to an insurance broker who can get quotes from many companies for you. That should lead to you getting the best deal possible and save you time looking yourself.

 

Who to Call if You or Someone Else is Injured in a Car Crash

There is nothing you can do to prevent car accidents. Accidents can happen even to the most cautious and defensive drivers. Your defense is to ensure that you, or another person that has been injured, will get the proper treatment without worrying about the cost. This is the foremost reason you need to call a good car wreck lawyer when you figure in a car crash.

Aside from protecting yourself by adhering to good driving practices, you can protect yourself from the possibility of an economic disaster with insurance that has adequate coverage. When you figure in a car accident, however, whether it is your fault or not, the best defense is to have a capable car accident lawyer.

 

A Car Accident That Isn’t Your Fault

Car accident – not my fault – what to do? When in a quandary and these words are floating in your mind, you are likely faced with a situation that you fear will be a financial disaster for you. Draining your personal assets should not be an option, especially when you were not at fault.

Unfortunately, in legal battles where procedural rules matter, not being at fault may not be the basis of who is liable? The issue could be: who has a better car wreck lawyer?

 

Expect the Unexpected

A catastrophic accident can cause you and/or another person to be seriously hurt. Even when you think you weren’t at fault, the other party’s lawyer will still do his best to protect his client’s interest. This means making sure that you will be the one to pay the medical cost and the other damages. It is their job to protect their client, even when he/she was at fault. This is also the job of your own lawyer, if you have one.

 

Your Lawyer’s Job

What can your lawyer do to protect your rights and save you from liability?

He can advise you on what to say to the adjuster. What you will say can be used as a basis for your claims. Any mistake can be critical, as it can mean getting less or nothing from your insurer.

He can negotiate on your behalf. If the case doesn’t go to court, an established car accident lawyer adept in negotiation would know how to get the upper hand in the negotiation. You or an inexperienced representative can be shredded to pieces, if the other party’s lawyer is skilled and astute.

If the negotiation or the arbitration fails and the case goes to court, you need someone who is adept at law and procedural laws to represent you. An established car accident lawyer can protect your rights and give you a fairly good chance at winning.

 

Don’t Take Chances

A terrible accident can leave you in financial difficulties, even if you think you weren’t at fault. An experienced lawyer with a good track record in car accidents can mean a world of difference from the moment you talk to an adjuster, negotiate with the other party’s lawyer and, most especially, if the case goes to court.

If you have been hurt too, you may not be in the best position to effectively do any of these. Don’t take chances – call a good car wreck lawyer.

 

Car Insurance Ratings & Buying Guide

A Brief Car Insurance Buying Guide

You are required to purchase car insurance if you want to drive legally. There are a number of insurance companies offering many different types of car insurance policies but buying the right car insurance can be challenging, especially for the beginner.

Here is a brief car insurance buying guide to help you choose the right car insurance for your needs at the right price.

First of all, you need to understand various coverage options available to you. There are many different types of insurance options available to you and some of these options are mandatory whereas others are optional.

Liability insurance provides cover for the other driver in the event of a car accident and it is mandatory. It also covers property damage. Collision insurance provides insurance cover for damage to your vehicle due to an accident, regardless of who is at fault.

Personal injury insurance provides insurance cover for the driver as well as the passengers in case of injuries due to an accident. This insurance covers costs of medical expenses and there are cases where this insurance cover has been used for rehabilitation services as well as lost wages.

Comprehensive insurance provides insurance cover for damage to the vehicle due to non-collision incidents including theft, fire, hurricanes and flash floods among others.

There is also the uninsured motorist coverage where you can get compensation from the insurance company in case you get in an accident with a person who does not have any insurance or is under-insured. It also offers protection against hit-and-run drivers.

As far as choosing a reliable insurance company is concerned, there are a number of factors you need to consider other than the premium you need to pay. After all, you are buying insurance policy for protection which means it should come with maximum customer service and minimum hassle. To choose a reliable company, you should check the financial strength of the company by taking a look at the financial rating of the company.

Another thing you need to look at is the way they handle claims. There are some websites that offer you information on how insurance companies low-ball estimates or cut corners to save money. Also, check the Better Business Bureau rating of the company to find out more about their customer service practices.

When you are looking for car insurance, do not forget to ask your potential insurer about various discounts. Many auto insurers offer significant discounts to individuals who have never made a claim or haven’t received a traffic ticket or haven’t been in an accident.

In simple terms, a good driving record leads to significant insurance discounts. Individuals completing a driver’s safety course or a driver’s education course may also be offered discounts by some car insurance companies. Similarly, installation of certain devices such as anti-theft devices or anti-lock brakes can also get a discount.

Overall, you should choose an insurance company based on their customer service reviews, ratings and premium. It is also a good idea to perform a rate check every two to three years to make sure that you are not paying extra for car insurance.

 

Buying Car Insurance For The First Time

Understanding Car Insurance For First Time Buyers

Having car insurance is a necessity and getting the best policy to meet your requirements can be a bit tricky. Understanding how car insurance works for first time buyers can help you select the most suitable insurance.

 

1. Minimum Requirements

Every state requires that every driver has minimum liability insurance. The requirements differ from state to state and it is important to familiarize yourself with your state legislation.

Liability insurance provides a driver with the means to take financial responsibility for the cost of injuries and damage to property of a third party (other driver) in the event of an auto accident. This insurance portion is often not costly and you aren’t required by law to have additional cover.

However, it is highly recommended to select a more comprehensive insurance policy to cover your own costs in the event of an accident (personal injury and collision cover) or if your car is stolen (theft cover). Comprehensive car insurance may have additional benefits such as a free towing service, maintenance plan, scratch and dent repair cover, etc. The additional benefits are nice to have but often not necessary and simply increase your insurance rate.

Another optional benefit is additional driver insurance. If any person other than yourself will be driving your car, it is best to select this option and add them to your insurance policy.

Uninsured and under-insured cover is a good option should you have an accident with a driver who has no or minimum liability insurance to cover your medical costs and damages.

 

2. Insurance Rate Calculation

There are many factors that may affect the insurance rate that you are quoted. The primary consideration is the make and model of vehicle that needs to be covered as well as the how new your car is. Newer, expensive cars will have higher insurance rates whereas older models will have a lower rate.

Your age and driving experience as a first time car insurance buyer will also affect the rate. Drivers under the age of 21 years or who have no previous driving experience will be charged more.

The amount of cover that you select may also affect your monthly premium. Insurance providers offer a range of different policies that offer different amounts of cover for specific provisions. The higher the amount of cover you select, the more you are likely to pay.

It is very important to compare car insurance benefits and rates from at least three different insurance companies to get the best deal. The most suitable insurance policy will provide the greatest value for your money (the most benefits at the lowest rate).

You should also take into consideration any discounts and special offers in your insurance comparison. Some insurance providers offer discounts for taking out more than one type of insurance policy (like household and auto insurance in one package).

Other providers lower a quoted rate once a driver has completed a driver experience course. These are great ways for new drivers to pay less for their car insurance.

 

Ways to Get Discounts on Car Insurance

Tips To Get Discounts On Car Insurance

Whether it is your first time buying car insurance or you are buying a new policy for your vehicle, there are ways to get discounts on car insurance. Follow the tips mentioned in the article below to obtain significant discounts on car insurance.

Many car insurance companies offer significant discounts for cars that come installed with various safety devices such as anti-theft devices. While most new cars available in the market come with pre-installed anti-theft devices, you may also get them installed in case your car does not have one in order to get discount on car insurance.

One of the ways to save money on your car insurance is to opt for usage-based car insurance policy. This device plugs into the car and the driving data is transmitted to the insurance company which allows insurance company to tailor your insurance rates based on your driving habits. If you are a safe driver and do not drive much, a usage-based insurance policy can save you significant amount of money.

Many car insurance companies offer multiple car discount which means you can get insurance for multiple cars at a significantly lower price as compared to buying individual insurance for each car. Therefore, you should contact your insurance agent to make sure you get this discount.

You can also save some money on your car insurance policy by choosing a yearly policy instead of buying a policy every six months.

If you’re not planning to drive your car for a particular period of time, you can save money by opting for comprehensive coverage for the time period during which your car will be in storage. You should also check your mileage closely. If you have recently moved and are now driving fewer miles, it can save you some money as number of miles driven can have significant effect on prices.

Certain organizations such as credit unions, college sororities and auto clubs have deals with various insurance companies for providing significant discounts to their members. While all the clubs do not have these deals in place but you should check with the organization you are a member of to find out if there are any discounts.

Another way to get a discount is to take a defensive driving course as many insurance companies cut down the insurance premium in case you take a defensive driving course. It also comes with the additional benefit of making you a safer driver. Many car insurance companies offer some discount in case you set up automated payment such as scheduled charge to a credit card, auto debit to a checking account or something similar.

Many insurance companies also check your credit rating to calculate your car insurance premium. While some states prohibit insurance companies from using credit rating for deciding your car insurance premium, most states do not prevent insurance companies from using your credit rating.

So, you may seek out companies that do not perform credit checks or improve your credit to get a significant discount on your car insurance premium. Many auto insurance companies offer discounts for former as well as current members of the military and their family members.

Overall, there are a number of other ways to get significant discount on your car insurance. Also, most of the discounts offered by insurance companies are cumulative which means you might be able to save a lot of money if you are able to get several of these discounts.

Therefore, make sure that you ask about the discounts you are eligible for to make a serious dent in the car insurance premium.

 

Auto Insurance Tips and Tricks

Learn 6 Auto Insurance Tips And Tricks You Can Use To Save Money And Time

Auto insurance is required for most citizens and drivers, and while most know they can shop around when renewal comes up every six or 12 months, they just let it automatically rollover with whoever they have been with.

Still, with just a little mindful attention, you can save money and time using these 6 auto insurance tips:

1) See about paying for your whole policy all at once. Most auto insurance customers sign up for monthly installment plans, breaking up their premiums into smaller portions paid every thirty days or so. However, it is also standard practice in the insurance industry to add an installment fee to each of those payments, often three dollars or so. If you pay for the whole policy all at once in advance, you can avoid paying these. Over the course of the year, that can usually add up to one or two payment’s worth of money!

2) Don’t ignore agents trying to get you to bundle policies. You might think they are just trying to push sales quotas or steal you away from other insurers, who you might actually like, but it is worth looking into. If you don’t own a home, consider at least blending your renter’s insurance with your auto policy. Even if you only save five bucks a month, that, like the monthly installments, can save you enough money over the year to cover another month or two of premiums.

3) Check your bank account balance going back over the previous year. See how much you usually have available for emergencies, and then consider setting your auto insurance deductibles to the maximum available option, usually one or two thousand dollars. You will be responsible for more of the financial burden of repairs to your car, but you’ll drop the costs of your premiums considerably.

4) Don’t assume that tickets or past accidents are automatically going to hurt your rates. Some insurance providers actually offer forgiveness for one incident if your driving record is otherwise clean. Others will deduct points off your insurance rates or reduce your premiums if you do things like complete a safety course.

5) Ask about skipping the roadside assistance plan. Many insurance plans offer benefits like this to stand out in an increasingly competitive sector, but if you have something like AAA or possibly roadside assistance with your car, then you do not need this through your auto policy.

6) Download the app if your insurance provider has one. It will have a lot of handy features and benefits you can use, but the primary one you want is a checklist of things to do following an accident. Of course the first thing you always want to do is make sure everyone is okay and not injured or in danger, but after that, you want to get photos, evidence, and swap contact and insurance information with the other driver. Your insurance provider can make a better case for you if you use the tools they give you. You should assume that with so many smartphones out there, the other driver is already doing just that.

Use these 6 auto insurance tips and tricks to save yourself time and money.