Car insurance in Canada may go down

 
Monday, June 04, 2012 - 12:54:43 
 
Rating (4.5/5) 4.5 Star Rating 54 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
Volvo released its new S60 Inscription sedan at Detroit Auto Show
On the Chinese market based S60L sedan, Volvo revealed this week on Tuesday its Volvo S60 Inscription model at the 2015 Detroit Auto Show. Volvo’s president as well chief executive-officer Hakan Samuelsson said that,...

Toyota Mirai, First Production Car Powered By Hydrogen, Received 1,500 Orders In A Month
Toyota Mirai has already received 1,500 orders in the first full month that it was available on the market. The Japanese model was released only on its indigenous market, where there were more than 1,500 customers...

Hyundai Santa Cruz Crossover Concept - The Pick-up That Anticipates Brand Future Design Language
The Hyundai Santa Cruz Crossover Truck Concept has debuted in the brand’s stand at the 2015 edition of the Detroit Auto Show. The model is a pick-up with futuristic design, designed specifically for Generation “Y”. ...

DS3 Ines de la Fressange Paris - The First Special Edition Model From PSA's Newest Brand
Last year, during the Paris Motor Show, Peugeot-Citroen PSA officials announced that the DS brand will break with Citroen and go on its separate path. In other words, the models that were so far in the DS line will...

Ford Boss Thinks 2020 Will See The Launch Of Several Fully Autonomous Cars
Mark Fields, Ford's CEO, estimates that autonomous cars, able to drive without driver intervention, will go into the series version and on public roads in 2020. The head of the US company said this in an interview...

Volkswagen Presents Future Connectivity Solutions Via Connected Golf Concept
The Connected Volkswagen Golf Concept debuted at CES 2015, the most important event in the IT world in the first half of the year, along with the Golf R Touch Concept. Unlike the R Touch Concept, the Connected Golf...

Smart Fortwo Receives Dual Clutch Automatic Transmission

Smart Fortwo Receives Dual Clutch Automatic Transmission

 
Wednesday, January 28, 2015 09:25:08
 
The Smart Fortwo will be offered in the company of a six-speed automatic transmission with dual clutches. The city model made by Daimler was offered associated only with a manual transmission at the time of the current...

Opel And Vauxhall Want To Improve Their Image

Opel And Vauxhall Want To Improve Their Image

 
Wednesday, January 28, 2015 04:39:43
 
Opel and Vauxhall promise a strong marketing offensive to change the public perception of the two brands. The Germans want to bring the brand image to the quality product level. Opel will seek to improve its...

New Citroen C4 Range Gets 2015 Facelift

New Citroen C4 Range Gets 2015 Facelift

 
Tuesday, January 27, 2015 10:14:52
 
Launched in 2010 and produced in a total of 450,000 units at the factory in Mulhouse, France, the second generation Citroen C4 is renewed in 2015 with a new bright signature, useful technologies and the latest generation...

Mercedes-Benz CLA Shooting Brake Went Into Production At Hungary Plant
Mercedes-Benz CLA Shooting Brake went into production at the plant in Hungary. That plant is located in Kecskemet and received an investment of one billion euro in the recent years. The manufacturer is committed...

Volkswagen Up! Could Be Offered In 100 HP Turbocharged Version

Volkswagen Up! Could Be Offered In 100 HP Turbocharged Version

 
Tuesday, January 27, 2015 03:29:37
 
The Volkswagen GT Up! Is a concept shown at Frankfurt in 2011, which foreshadowed a sports version of the German model, and could receive a series variant on the Brazilian market, media in this country headlines....

New Honda Acura NSX revealed at Detroit Motor Show

New Honda Acura NSX revealed at Detroit Motor Show

 
Monday, January 26, 2015 15:23:21
 
Unveiled this week on Tuesday at 2015 Detroit Motor Show, the new Honda Acura NSX is better than the original with higher technology. The newest NSX is 3.1 inch longer as its longitudinal layout having 9-speed twin-cl...

Latest pick-up truck 2016 Toyota Tacoma unveiled at 2015 Detroit Auto Show on Tuesday
The remodeled pickup 2016 Toyota Tacoma model has been made up its debut at the recent held 2015 Detroit Auto Show on Tuesday this week. According to Toyota, this new pickup truck has been improved a lot with long...

2016 Lincoln MKX debuts in 2015 Detroit's Motor Show

2016 Lincoln MKX debuts in 2015 Detroit's Motor Show

 
Monday, January 26, 2015 09:41:52
 
Lincoln has come up with an update of its most popular model MKC which is now known as MKX. It debuted in recently held 2015 Detroit’s Motor Show. The later version has got a lot of improvement especially in its...

New supercar Ford GT unveiled at 2015 Detroit Motor Show

New supercar Ford GT unveiled at 2015 Detroit Motor Show

 
Monday, January 26, 2015 06:25:20
 
Ford wrap off the covers from its new Ford GT supercar in the recent held 2015 Detroit Motor Show, where the car makers described its ever built machine as most of the extreme offering model. Todd Willing during...

Volkswagen Wants Future Phaeton To Be More Comfortable Than S-Class
Germany's Auto Motor und Sport claims that Volkswagen aims to make the future Phaeton to be the most comfortable model in the segment. The Volkswagen Phaeton will get a whole new generation in 2016, according to...

Bentley Bentayga: The First SUV From The British Luxury Carmaker
On the occasion of the 2015 Detroit Motor Show, Bentley has released the name of the brand’s new SUV, which will officially launch later this year. Until now, Bentley has shown to the world an SUV in a concept...

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
©2009-2015 Auto Types. All rights reserved. | Privacy Policy | Mobile version