Car insurance in Canada may go down

 
Monday, June 04, 2012 - 12:54:43 
 
Rating (4.5/5) 4.5 Star Rating 44 users
4 photos
Car insurance in Canada may go down Car insurance in Canada may go down Car insurance in Canada may go down Car insurance in Canada may go down
Some of the car insurance providers have recently indicated in cutting down the insurance price up to some extent. The car insurance association of Canada recently announced about cutting down the cost of cars having value less than $25,000.

When the president of association was asked about how much relaxation will be given to the car buyers in its insurance, he said that it has not yet finalized but this relaxation will surely be not same for all the cars. According to him they are planning to cut down the insurance price by up to 4 percent for the cars having value less than $25,000.

Some reports recently indicated that some people of Canada not buy the cars only because of their high insurance rate. For attracting those people towards the brand new cars, the association has set a plan to offer some relaxation in insurance price. The report also shows that is not just hike the sales of middle range cars in Canada, but also help the insurance providers to cover more and more cars.

A news channel recently broadcasted a news in Canada showing that lot of people sell their cars in Canada just before the expiry of their insurance. They do so in order to save the amount of insurance for their car and buy another used car with insurance already covered. According to the news channel, this is something that affects the sales of new cars in Canada. Also it affects the income of insurance providers in Canada up to a great extent.
In order to attract the people towards renewing their car insurance, the insurance providers are going to offer some discount in the insurance of the cars.

Also some of the other news has shown that some people don’t renew their car insurance in Canada and drive them without insurance. According to news, it is another reason for which the insurance providers are not able to reach their target of covering the autos with insurance in Canada.
Not just the private insurance providers of Canada, but the government insurance firms have also decided to cut down the insurance price up to the possible extent.

When the association of auto insurance providers was asked that about the time period for which relaxation is offered to the car buyers, they said that probably it is for a permanent basis and insurance providers doesn’t have any plan to hike auto insurance prices soon.

Some private auto insurance firms have already started offering some additional services to the people who are buying new cars. Recently a Canadian auto insurance provider has insured some cars for a longer period at a price than was actually less than the insurance period.

Also there are some insurance providers in Canada who are planning to offer some additional services to those who want to cover their old cars with insurance. The insurance providers are offering them a discount of around 10 percent on their next insurance on a condition, and i.e. if they have not claimed for the car insurance even once during the previous year.
Latest Auto News
2015 new Mercedes-Benz GLE Coupe has been unveiled

2015 new Mercedes-Benz GLE Coupe has been unveiled

 
Thursday, December 18, 2014 15:39:24
 
Mercedes-Benz new GLE Coupe been unveiled ahead in its next month debut at 2015 Detroit Motor Show. The model is based on current existing ML and now been renamed as GLE as for being German brands overhaul name....

Reportedly in April in New York 2015 Jaguar-XF to make its debut

Reportedly in April in New York 2015 Jaguar-XF to make its debut

 
Thursday, December 18, 2014 15:24:29
 
In third quarter of the 2015 at New York Motor Show during April, the Jaguar second generation XF model reportedly will be making its global debut and also will launch internationally once its accelerated pedal get...

Chrysler Name Disappears Ending An Era

Chrysler Name Disappears Ending An Era

 
Thursday, December 18, 2014 03:59:23
 
Signaling the end of an era, Fiat today officially changed the name of the Chrysler Corp. top FCA US LLC. The change marks the ending of a valued franchise in the Motor City. The Chrysler brand was the result...

The New BMW 6 Series Models For 2015

The New BMW 6 Series Models For 2015

 
Wednesday, December 17, 2014 11:17:19
 
The new BMW 6 Series Convertible, BMW 6 Series Coupe and the BMW 6 Series Gran Coupe will be presented for the first time at the Auto Show in Detroit and will make their market debut in the first half of next year. ...

Porsche Fills 918 Spyder Order List And Confirms Its Successor

Porsche Fills 918 Spyder Order List And Confirms Its Successor

 
Wednesday, December 17, 2014 09:20:06
 
The Porsche 918 Spyder supercar which replaced the Carrera GT is no longer available for purchase. Despite the purchase price of 770,000 euros (on the German market), all 918 copies of this model are reserved for...

BMW X6 Receives New BMW M Performance Components

BMW X6 Receives New BMW M Performance Components

 
Tuesday, December 16, 2014 09:42:23
 
Through the Aerodynamics package, the BMW X6 has instantly gained a sporty and masculine appearance. It includes a front splitter, rear diffuser, rear carbon spoiler as well as rear side flaps in a glossy black hue....

New MINI John Cooper Works  Announces 231 HP and 0-100 km/h In 6.1 Seconds
The MINI John Cooper Works is the most powerful version of the British model and is now at its third generation. The official presentation of the new version would have to take place in January next year in the Auto...

Google Glass To Be Used In BMW Production Cycle

Google Glass To Be Used In BMW Production Cycle

 
Monday, December 15, 2014 05:13:00
 
Currently, BMW is conducting a pilot project in a United States plant whose aim is to determine whether the portable technology from Google can improve and expedite workflow in quality assurance. To do this,...

Audi Q8, The Sporty Variant Of The Future Q7, Confirmed For Production
Audi Q8 will be the future flagship of the brand’s SUV portfolio, headline British from Autocar. The model was confirmed in an interview with Dr. Ulrich Hackenberg, Head of R&D at Audi. The future Q8 will be...

BMW Working On New Propulsion Technologies

BMW Working On New Propulsion Technologies

 
Sunday, December 14, 2014 05:17:08
 
Alternative propulsion systems are gaining ground fast and right now BMW has increased its emphasis in that field by focusing on the Power eDrive and TwinPower Turbo, which is the future BMW Series 3 plug-in hybrid...

Volkswagen Golf R Variant Is The Most Powerful Compact Station Wagon In The World
The Volkswagen Golf gets a new high-performance version. Titled Golf R Variant, the new model becomes the most powerful and fastest compact wagon on the market, thanks to a maximum power of 300 hp and an acceleration...

The city hatch Vauxhall Viva got been revealed

The city hatch Vauxhall Viva got been revealed

 
Saturday, December 13, 2014 14:37:13
 
General Motors unveiled the city car by taking off its wraps and which is affordable for European market. However, as probably depending on its market this model will be sold either as Opel Karl or Vauxhall Viva....

Spyker seeks into avert the financial collapse

Spyker seeks into avert the financial collapse

 
Saturday, December 13, 2014 05:58:27
 
Sport car Dutch firm maker Spyker hits in Netherland with financial trouble proceedings with bankruptcy protection. Spyker filed voluntary petition to Dutch court for the financial restructuring to address an effort...

Detroit Auto Show to reveal for BMW's facelifted 6-series range

Detroit Auto Show to reveal for BMW's facelifted 6-series range

 
Friday, December 12, 2014 14:43:42
 
According to Autocar, next year January at Detroit Auto Show BMW’s 6-series range going to be facelifted for making of its debut. The already shown spy pictures of coupe also Gran coupe vehicle testing have minor...

Which Supercars to be released, discarded and have a chance in 2017
The curiosity to know V8 Supercars’ confirmation, rejection and chances of launches in 2017 has ended now. The turbo charged powered various body designs with either four or six cylinders based engines will be there...

Vauxhall new Viva unveiled ahead for spring launch 2015

Vauxhall new Viva unveiled ahead for spring launch 2015

 
Thursday, December 11, 2014 14:42:03
 
Vauxhall’s new city car Viva been claimed as character full model, will go on sale by the next spring with price likely be about 7500Euro. According to Vauxhall, “The chassis of Viva been turned such that for its...

Volkswagen to launch Polo GTI in 2015 without adjustable suspension
Volkswagen has officially announced to launch its new Polo GTI during 2015. But as declared earlier, its adjustable suspension may not be available initially. VW, Australia’s Communication General Manager Karl Gehling...

Paris Motor Show 2014 - Mondial de l'Automobile 2014
Your adv in this site
Latest crashtest
Crashtest Volkswagen Touran 1.6 - 2003
Adult:
*****

Pedestrian
***
Crashtest Volkswagen Touran 1.6 - 2003
Adult:
****

Pedestrian
***
Crashtest Volkswagen Touareg 2.5 TDi  - 2004
Adult:
*****

Child
****

Pedestrian
*
 
Visitors online - 18
©2009-2014 Auto Types. All rights reserved. | Privacy Policy | Mobile version