Car insurance quotes in Ontario

Car Insurance Quotes in Ontario

Your cheap insurance quote just went up – time to board the shopping train!

If you are looking for car insurance quotes in Ontario, you better get your hiking boots on because the FSCO has agreed to a price hike and it affects everyone who is reading this right now. The Financial Insurance Services Commission of Ontario is allowing an increase to insurance rates for all of Ontario. Car Insurance quotes may be a little or a lot higher than normal in comparison to previous years. Insurance companies in Ontario have filed for a rate increase beginning the first quarter of 2008 with an approved increase to insurance rates. Nearly 44 and that is if you have a clean driving record. The government is saying that Ontario Car insurance according to the Financial Insurance Services Commission Ontario is long over due for a increase and decided to approve one. The Ontario car insurance rate changes approved for the first quarter of 2008 became effective in the first quarter of 2008 or later for 2008 renewal policy business. Therefore, consumers will not know that they have had a rate increase until their policy renews.

The impact of a rate change on an individual consumer basis will likely be substantially more than 2.42 discount off your comprehensive coverage, boomerang is one example
• Combine your automobiles and home, condo or tenants insurance policies together to receive additional discounts
• When possible, use public transportation, this will keep your annual kilometers down and change your insurance class to a pleasure use driver and this will reduce your rates further
• Sign up for a Drivers training course that is recognized by the Ministry of transportation and is an approved driver training course
• Don’t modify or customize your car
• If you have an older car and will pay for physical damages yourself, you should opt out for comprehensive and collision coverage and request third party liability only to protect you in the event of a lawsuit

Tips for the next car you think of buying:

Make sure you check out that used car thoroughly aside from the mechanical looks of it, you can check the VIN number through the MTO by ordering a used car package. If the person wants to sell you the car they need to provide it to you.

You will be able to see if there is anything else going on with your vehicle such as:

• Previous undetectable major accident damage
• Stolen car
• Flood damage
• Insurance claim car
• Odometer fraud
• Totaled or damaged automobile

Dave Melanson is the author of http://www.carandhome.ca and has been working in the insurance industry for more than 14 years as an agent and a broker. Dave's areas of expertise include: auto, home, boat, motorcycle and commercial insurance. Dave has consulted with more than 140 insurance brokerages and has been interviewed on insurance related topics with CBC news.