Canadian Underwriter


Recession's impact on car insurance
News ClaimsInsuranceMarkets / Coverages

How the upcoming recession will affect your home and auto clients

January 3, 2023 by Jason Contant

With a potential recession on the horizon, consumers will likely purchase fewer big-ticket items such as cars and homes. Of course, this also means a decrease in demand for the Canadian P&C insurance industry.  “Cars can be seen as a

Two snowmen in the shape of birds sitting on blue beach chairs on the sand. One is wearing a sombrero and is holding a camera. The other is wearing a straw hat.
News BrokersInsuranceMarkets / Coverages

What your snowbird clients need to know before they fly south

October 20, 2022 by Alyssa DiSabatino

Snowbirds flying south for the winter should heed that they need a policy that differs from a traditional travel policy, one expert says. They also must inform their broker that they’ll be on an extended trip, so they can update

A red toy car rests on top of columns of stacked coins, each coin increasing in size.
News BrokersInsuranceMarkets / Coverages

Will Ontario’s budget proposals actually reduce auto rates?

May 4, 2022 by Alyssa DiSabatino

To reduce Ontario auto insurance rates substantially, fairer rating systems and offering usage-based insurance (UBI) may be most effective, says one industry observer. The Ontario government is proposing measures to reduce the cost of auto insurance. Among them, it is

A stack of seven wooden blocks. From top to bottom, they read "home, business, life, insurance, health, car, travel." The insurance block is yellow, a man in a suit is reaching his hand towards it.
News Insurance

Pandemic prompts policyholders to shift purchasing behaviours

February 10, 2022 by Alyssa DiSabatino

The pandemic’s prompted Canadians to spend more time researching and evaluating their insurance options online, according to a recent report.’s 2021 Digital Money Trends Report, looked at how Canadians interact and evaluate insurance policies and services, based on

News Insurance

Car owners score poorly on auto insurance quiz

January 20, 2022 Canadian Underwriter Staff

Canadians who have auto insurance really need to re-read the fine print on their policies, a recent survey found. A poll of more than 1,300 auto policy holders, conducted by rate comparison site, focused on 10 common misconceptions around

News Insurance

More than half of polled Canadians keep their auto insurer for five years or longer

November 24, 2021 Philip Porado

A whopping 84% of Canadians have stayed with their auto insurer for two or more years and 58% have remained with the same company for more than five years, according to a Ratehub survey. What’s more 23% said they’ve stayed

News Insurance

With 81% of polled Canadians yet to try UBI, brokers have opportunity to educate and sell

October 26, 2021 Canadian Underwriter Staff

While usage-based insurance (UBI) has been around for nearly nine years in Canada, a new survey shows only 57% of Canadians have heard of UBI and 81% of those surveyed have not tried it – presenting an opportunity for brokers

News Insurance

How well do your clients understand their auto insurance?

August 19, 2021 by Jason Contant

If your clients are taking a test on auto insurance, it’s likely they would barely pass, the results of a recent survey reveal. Rate comparison site reported last week the results of a poll of more than 1,300