If you are like most consumers, increases to your car insurance rate often leave you confused and frustrated, particularly when the root cause isn't clear or explained. Although there are several reasons your car insurance premiums may be on the rise, the following are some of the most common:

If you are considering cancelling your insurance policy, you may be wondering if you are entitled to a refund. When a policy is cancelled, insurance companies use a variety of methods to determine how much of your premium will be refunded to you. The method used is dependent on the reason that the policy is being cancelled in the first place.

Insurance companies use your driving record, including details of any tickets or accidents you may have had, as a key factor in settling their rates. For that reason alone you should be sure that the information on it is accurate and up to date.

Spring is just around the corner, and with spring comes rain and rapidly melting snow. These events can cause a back up of wastewater in the sewer system, which may find its way into your home, leaving your basement damaged and your possessions ruined.

Suppose you have shopped around online and found a lower car insurance rate. Your first thought is likely: â€Å"What do I do about my existing policy?” Do you wait for your renewal date or do you cancel your current policy right away to take advantage of the lower rate?

Believe it or not, insurance fraud costs the insurance industry approximately $3 billion each year. When most people think of insurance fraud, they typically think of organized groups who stage automobile collisions in order to claim medical benefits. But there are other types of insurance fraud that can be just as costly to the insurance industry and ultimately to you.

If you are like most people, the only times you think of reviewing your insurance policy are if you are making a claim or when you get your renewal notice in the mail. But did you know that there are a number of common changes to your driving profile that require you to notify your insurance company or insurance professional?

In October of 2009, the province of Ontario banned texting and/or talking on a handheld device while driving. Warnings with no fines were issued for a three month period. Effective February 1, 2010, the warning period is over and drivers can now be fined as much as $500.

According to theinternetretailer.com, there has been a steady increase in the number of Baby Boomers who are shopping online. "Baby Boomer" is a term that describes those people born starting in 1945/1946, who will be turning 65 in 2010 (which is the set retirement age in Canada), and in 2008 approximately 74 per cent of Boomers went online to make purchases.