A Guide to Successful Car Insurance Claims
Your insurer must be notified of an insurance claim before they can reimburse you for any losses covered by your policy. Your insurer and you enter into a financial agreement where a fixed premium must be paid. Depending on the terms of the policy, the insurer compensates for losses. Your policy requires that you file […]Read more
Difference between Car Insurance Non-Renewal and Cancellation
After acquiring a few rudimentary terms, grasping your knowledge on the concepts of Car Insurance becomes plausible and handy, for instance, Car Insurance Non-Renewal and Car Insurance Cancellation. Although seemingly identical, they differ greatly. We will explain the difference between Non-Renewal and Cancellation of Car Insurance in this article. Cancellation of Car Insurance When a […]Read more
Premiums on car insurance subject to GST
How does GST work? The indirect federal sales tax that is imposed on certain products and services is the goods and services tax (GST). In addition to adding GST to the product price, the business also charges GST to customers when they buy the product. Businesses or sellers are responsible for collecting and remitting the […]Read more
Myths about Zero-Depreciation as Add-on Coverage
Depreciation refers to an asset’s loss in value over time due to factors such as time, wear and tear, and obsolescence. Buying a brand-new car will cost more than buying an older model. As with all the materials that are incorporated into building a car, including glass, plastic, metal, etc., there is a certain depreciation […]Read more
“Pay As You Drive” Is What You Need In This Cov-Ron time!
Our long time uninvited guest COVID-19 is now accompanied by our new guest Mr. Omicron. Most of the companies have adopted work from home policy for their employees and hence, there has been a drastic reduction in the kilometers driven nationwide. According to a recent report, the total number of kilometers driven is down by […]Read more
Tired of Paying High Premiums for your Car?
The expense of high premiums may aggravate your already dwindling family budget during this unfortunate period of pandemic. As a result of this economic downturn, paying high car insurance premiums may not be a wise investment. So, here we present the TOP TEN tips and ideas to keep you safe from paying high premiums for […]Read more