Keyword
auto insurance
The danger of lying about gender for cheaper auto insurance
August 1, 2018 by Greg MeckbachIf a young male motorist is thinking of telling his insurer he is female for the sole purpose of getting a lower rate, there is some simple advice a broker can give: Don’t do it. This is because a motorist’s…
Where private auto insurance rates are rising the fastest in Canada
July 31, 2018 by Jason ContantOntario’s premium rates are rising the fastest among Canada’s private passenger auto insurance regimes, according to the Q2 2018 Auto Insurance Price Index from LowestRates.ca. A measure of only private passenger auto insurance regimes in Canada, the index from the…
What your hospitality clients need to know about their liability limits
July 29, 2018 by Jason ContantIn the restaurant and bar business, those serving alcohol are trained to recognize the symptoms of intoxication to prevent an “overservice” problem, and subsequent liability to the business. But what happens when a customer has been drinking in multiple establishments before…
Will telematics make territory-based rating a thing of the past?
July 24, 2018 by Greg MeckbachThe use of telematics in pricing auto insurance is going to become more “prevalent,” and a major property and casualty insurer is trying to use the technology to get a better idea of driver risk, speakers said during a recent…
Cop cuts deal with driver over fake insurance offence
July 24, 2018 The Canadian PressVANCOUVER – A Delta, B.C., police officer who ticketed drivers for offences that didn’t happen has won a review of the suspension and demotion proposed by the province’s police complaint commissioner. Const. Byron Ritchie was seeking a public hearing after…
The preferred way to transfer risk of automated cars: Travelers
July 22, 2018 by Jason ContantThe public policy division of Travelers is recommending that a “clear risk transfer mechanism” be in place to adapt auto insurance for autonomous vehicles. “While there has not been widespread attention paid to how liability and compensation will be addressed as…
Winter tire claims statistics took biggest insurer by surprise
July 22, 2018 by Greg MeckbachWhen Intact started giving discounts on auto insurance to people with winter tires, the result appeared to be counter-intuitive. Motorists insured by Intact who reported having winter tires installed “were having worse loss ratios” than those driving in the winter…
Where Canadian drivers pay the most (and least) for auto insurance
July 19, 2018 by Jason ContantWhen it comes to auto insurance premiums in Canada, drivers in British Columbia pay the most, followed by Ontario, data supplied by Insurance Bureau of Canada (IBC) revealed Wednesday. In B.C. last year, average annual auto premiums were $1,680. The…
The Canadian insurer that will seek a rate decrease later this year
July 18, 2018 by Jason ContantOne Canadian public insurer is bucking the trend – seen across the country – of carriers asking to raise auto rates. Saskatchewan Government Insurance (SGI) told Canadian Underwriter Tuesday that it plans to apply for a rate decrease later this…
What the court said about a family law approach to “spouse” in auto AB claim
July 11, 2018 by David GambrillThe meaning of the term “spouse” under the Family Law Act is not applicable when determining eligibility for accident benefits under an auto insurance policy, an Ontario court has ruled in a priority dispute between insurers. In Royal & Sun…
What happens when your mechanic gives you insurance advice
June 29, 2018 by David GambrillAfter following up on their mechanic’s suggestion to file a retroactive insurance claim, a B.C. couple is now on the hook for an $800.75 repair job to their 2010 Toyota Prius. Blenda and Raymond Pilon made an auto insurance claim…
Priority dispute in mechanic test-drive case could reach top court
June 27, 2018 by Greg MeckbachA priority dispute between Ontario auto insurers over who should pay accident benefits to a mechanic injured while test-driving a customer’s car could be headed to Canada’s highest court. Auto repair shop owner Jing Hua Fan was hurt in 2011…