Alberta is tackling vehicle insurance rates to help “good drivers”
The Alberta government will be bringing in price protections for drivers with good records amid ballooning automobile insurance rates. The province announced Wednesday morning that Albertans with good driving records…
Why auto insurance concerns might hinder electric vehicle adoption
As governments gear up for a national push toward electric vehicles (EVs), Canadians are harbouring anxieties about their auto insurance policies. Seventy eight per cent of Canadians are concerned about…
Vehicle write-off is more complicated than a simple payout
Breadcrumb Trail Links Insurance How do you know when your damaged vehicle is a write-off or a repair job? You’ll need to work with your insurance company Published May 27,…
Why the government needs to update vehicle standards
Why the government needs to update vehicle standards | Insurance Business Canada Motor & Fleet Why the government needs to update vehicle standards Auto theft is on everyone’s mind Motor…
Increased Vehicle Sales, Search for Lower Rates Boost Auto Insurance Shopping
New You can now listen to Insurance Journal articles! Auto insurance shopping rates rose 12% year-over-year in the second quarter of 2023, according to a new TransUnion report. While vehicle…
Merger could worsen vehicle salvage service options for UK car insurers
An in-depth investigation by the Competition and Markets Authority (CMA) has provisionally found that the completed acquisition by Copart of Hills Motors could result in a substantial lessening of competition…
As the Electric Vehicle Market Matures, Mercury Underscores the Importance of Insurance
Not all EVs are created equal in the eyes of insurance and buyers should consider upfront costs as well as repair costs when buying a new vehicle LOS ANGELES, June 29,…
Which Vehicle Type Costs the Most to Insure in 2023?
Whether you’re an enthusiast or not, buying a new car is always exciting. But immediately following the joy of finding that new ride is the misery of getting car insurance.…
Amid inflation and supply chain shortages, should you delay vehicle repairs?
Living costs have been rising rapidly over the last year. The current rate of inflation is 5.25%. While it has eased slightly over the past month, it remains higher than…
Why Is Vehicle Insurance policies So Expensive? Higher Costs Stated (2023)
How Prolonged Do Violations Stay on Your Driving History? Modest or reasonable accidents and violations keep on your driving record from two to five decades based on the condition. Really…