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The Insider – Vol. 12.9

April 26, 2012

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InsuranceHotline.com INSIDER NEWSLETTER!

MAY 2012

 

8 Mistakes That Can Cost You on Car Insurance

save money on insurance The cost of car insurance is a major expense for most people, and rising rates often seem unavoidable. But an increase in your car insurance premium is not always something you can’t avoid. Often, simple errors lead to over-paying for insurance. These eight mistakes are the quickest way to see…Read more

Flood Damage: Must-Know Information for Homeowners

save money on insurance Floods are a very real threat to many homes across Canada; some areas may be more prone than others.  What many people don’t realize is that not all water damage is viewed the same way by insurance companies.  While some water damage is covered, there are some specific cases where it is not.  Unfortunately for many homeowners who do not realize it, flood damage is generally on the “not covered” list.  Read more

Auto Insurance Tips for High-Risk Drivers

If you are a high-risk driver you probably know it already, but many people don’t understand what earns them this title.  Simply put, insurance companies rate drivers based on the probability that they will be involved in an accident for which the insurance company will have to pay out.  The higher this likelihood, the higher risk that driver presents to the company.  Drivers are rated on a variety of factors, and it can vary, but there are a few common reasons for being labeled high-risk.  Fortunately, there are some ways high-risk drivers can avoid high-cost car insurance.  Read more


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QUOTE UNQUOTE

“Will my car insurance rate increase when I move to a new area this summer?”

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DID YOU KNOW?

Did you know that if you’re caught speeding in a construction zone and there are workers present, your fine can double?

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