Over 3 million insurance quotes
Enter your postal code

Quote Unquote – January 2012

January 4, 2012

Q) I got a ticket for driving through a stop sign, will my insurance rates increase?

A) Maybe, if this is your very first ticket and you have an otherwise clean driving record your insurance rates may or may not increase. It depends on the insurance company that you are with. Each insurance company has their own rules. One insurance company may not increase your rate as a result of one ticket while another might. Some insurance companies offer a ‘conviction free discount’ which you will lose. This will result in an increase in your insurance rate.

It is best to consult with your insurance professional to see how this ticket may affect your record. It may even be a good time to shop for a new insurance company if your current company will increase your rate.

Have a question you’d like answered? Please send us an email at quoteunquote@insurancehotline.com.

Check back every month for new Quote Unquote questions and answers about insurance from readers just like you.


10 Common Insurance Myths Debunked

Exposing common insurance mythsThere are quite a few common myths associated with auto and home insurance that could be costing you money. Let’s debunk them and hopefully save you money along the way. Read more »

I’m planning on renting out my home during the Pan Am games. What do I need to know?

Toronto's harbourfrontI’m planning on renting out my home during the Pan Am games. What do I need to know? Read more »

Canadians Have Increasingly Bad (Weather) Attitudes

Canadians failing to take precautions against water damageDespite worsening weather conditions, Canadians are taking fewer precautions to protect their homes than ever before. And with the rainy season already started, now’s the time for homeowners to check to make sure their homes are weather-ready. Read more »