Car insurance in Canada may go down

 
Monday, June 04, 2012 - 12:54:43 
 
Rating (4.5/5) 4.5 Star Rating 48 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
Kia Exibits in Paris: The New Sorento, Rio And Venga Facelift

Kia Exibits in Paris: The New Sorento, Rio And Venga Facelift

 
Wednesday, October 01, 2014 16:52:13
 
Kia will exhibit at the Paris Motor Show the European version of the new Sorento generation. Along with the new SUV there will be facelifts for Rio and Venga, and a concept based on the Optima named T-Hybrid. Kia...

Bentley Mulsanne Speed​​ Gets Sports Suspension And 537 HP
Bentley has just presented the sports version of the Mulsanne which will be launched at the Paris Motor Show. The Mulsanne Speed ​​has 537 hp, sport suspension, carbon fiber trim, and is the fastest limousine...

What Peugeot Brings To The 2014 Paris Auto Show

What Peugeot Brings To The 2014 Paris Auto Show

 
Wednesday, October 01, 2014 16:40:50
 
The new Peugeot 308 GT and 508 are the up-market highlights that the brand is bringing to Paris. The EXALT and QUARTZ concepts offer new versions for their flagship, both very different but they perfectly combine...

Nobel to built currently M600 Targa prototype version

Nobel to built currently M600 Targa prototype version

 
Tuesday, September 30, 2014 17:04:39
 
Peter Boutwood who is Noble Company MD said,” The prototype was likely to arrange the roof by using T-Bar and also consist of carbonfiber panels which are fixed to longitudinal strut in the removable condition.”...

Volkswagen Golf Alltrack: The German Compact Goes Off-Road

Volkswagen Golf Alltrack: The German Compact Goes Off-Road

 
Tuesday, September 30, 2014 14:00:08
 
Volkswagen will exhibit at Paris the new Golf ALLTRACK. It is the second ALLTRACK model in the VW range after the current Passat and is a practical proposal for those who do not know what to choose between a Golf...

Poor Sales Paint Target on Doors of 10 Models (Part 2)

Poor Sales Paint Target on Doors of 10 Models (Part 2)

 
Tuesday, September 30, 2014 12:41:39
 
As we noted in the first part of this mini-series, even as car sales have continued to buzz right along, there is a group of cars that has just not been able to catch on with the public. Why is this so? No one really...

Redesigned Corvette a Winner With Buyers

Redesigned Corvette a Winner With Buyers

 
Tuesday, September 30, 2014 09:19:48
 
When Chevy announced it was releasing a revised Corvette C7 for the 2014 model year, market observers gasped. Why, they asked, would the automaker tamper with a winning formula? Market observers were stunned that...

Classics Seem To Be Investment of Choice In Hard Times

Classics Seem To Be Investment of Choice In Hard Times

 
Tuesday, September 30, 2014 03:02:19
 
Adam Smith was a brilliant thinker and he didn't have a computer to help. Of course, the computer is a relatively recent development and Smith came up with his ideas on “political economy” at the end of the 18th...

GM Takes Early Action on Distracted Driving Issue

GM Takes Early Action on Distracted Driving Issue

 
Monday, September 29, 2014 09:21:03
 
In an unprecedented move, General Motors has acted early on an issue which is gaining traction across the country, distracted driving. Distracted driving, in this context, includes primarily texting, email and...

The facelift CR-V of 2015 Honda been got revealed

The facelift CR-V of 2015 Honda been got revealed

 
Sunday, September 28, 2014 11:48:23
 
The 2015 new Honda CR-V with its updating model will be seen in December which will be in Australian showroom, been revealed with its single image facelift that’s been posted online. This SUV’s new appearance was...

Nissan new Qashqai versus Range Rover's used Evoque

Nissan new Qashqai versus Range Rover's used Evoque

 
Sunday, September 28, 2014 08:19:41
 
The pairing between used-one Range Rover’s Evoque and the latest new Nissan Qashqai occupies very specific spaces. These both vehicles got the same size but have different exude images. Qashqai being most expensive...

C-HR concept of Toyota crossover got unveiled

C-HR concept of Toyota crossover got unveiled

 
Saturday, September 27, 2014 14:27:37
 
The crossover model new concept of Toyota C-HR has been unveiled for the global debut ahead during early October in 2014 Paris Auto Show. Its styling language is taken from Japanese company, might take it to different...

Stylish Car Maker Audi to Unveil New Radical A9

Stylish Car Maker Audi to Unveil New Radical A9

 
Saturday, September 27, 2014 14:23:58
 
Audi’s new concept is to be unveiled in November at a motor show in Los Angeles and a aluminum based flagship is to be used to preview it. It is still to get any name because it is still under construction which...

Lamborghini's New Huracan LP610-4 Design and Technology Review

Lamborghini's New Huracan LP610-4 Design and Technology Review

 
Monday, September 29, 2014 06:58:56
 
For a first time driver of Lamborghini’s new Huracan LP610-4, it will surely be thrilling experience how it makes the driver feel about its power. Lamborghini has produced so many world class models that over 30,000...

Peugeot Exalt concept to unveil its re-skinned car debut at Paris Motor Show
French manufacturers Peugeot will show up with its new version European-specification debut next month with concept bare-metal Exalt car featuring with electric scooter incorporating with hybrid dubbed kick concept,...

Discovery Sport from Land Rover has Come with New Generation Looks
Land Lover’s design boss Gerry McGovern and Murray Dietsch, The Project Director narrated about the design, development and all about the new SUV Discovery Sport. Gerry explained that this new model is meant to...

Ford C-Max Facelift: The Compact MPV Gets Focus Updates

Ford C-Max Facelift: The Compact MPV Gets Focus Updates

 
Thursday, September 25, 2014 11:58:15
 
The Ford C-Max and Grand C-Max, the two compact minivans of the American brand’s European Division will debut at the Paris Motor Show with a new look. Applying the restyling seen in the Focus range, and unveiled...

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 - 19
©2009-2014 Auto Types. All rights reserved. | Privacy Policy | Mobile version