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 donít 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 doesnít 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
Renault Revealed Duster Extreme Concept, a Genuine Off-Roader
Renault has revealed the Duster Extreme Concept at the Auto Show in Sao Paolo, Brazil. The concept vehicle is developed by Renault Design Latin America or RADL, the company's design center based in Sao Paulo, Brazil,...

Premiere: New Alfa Romeo Stelvio - The Fastest SUV on Nurburgring
Alfa Romeo has officially unveiled the new Stelvio at the Auto Show in Los Angeles. The first SUV in the history of the Italian automaker was named in honor of the most spectacular mountain pass in Europe which...

VW Launches e-Golf Facelift With 300 KM Increased Range

VW Launches e-Golf Facelift With 300 KM Increased Range

 
Monday, December 05, 2016 04:56:13
 
Along with the launch of the Golf 7 Facelift, the Germans from Volkswagen bring improvements for their electric version too. Perhaps the most important novelty on the e-Golf Facelift is that the range of the new...

BMW's Logistics of the Future: From Augmented Reality Glasses to Electric Trucks
In the future, the BMW Group will be based increasingly on innovation and digitization for a sustainable logistics processes. A fully interconnected supply chain, autonomous transport robots, and use of existing...

Land Rover To Launch New Defender in 2018 and Promises Best Off-Road Performance in History
The long awaited Land Rover Defender will go on sale in 2018. The new generation reaches a high level of development and promises to be “even more capable” than the iconic off-roader which it replaces....

Porsche Panamera Gets V6 Engine With 330 HP and a Long-Wheelbase Version
At the Los Angeles Auto Show (November 18 - 27, 2016), Porsche presented the basic version of the Panamera, offering a V6 Turbo engine, rated at 330 hp. Instead, the customers who want superior comfort and want to...

KIA Brought to SEMA Four Interesting Autonomous Concepts

KIA Brought to SEMA Four Interesting Autonomous Concepts

 
Tuesday, November 29, 2016 07:39:48
 
Although autonomous driving is meant to replace the driver on monotonous and boring travels, for the first time an auto manufacturer combines autonomous driving technology with tuning and an active way of life! KIA...

The New Mercedes E-Class Coupe Sets Course for Detroit

The New Mercedes E-Class Coupe Sets Course for Detroit

 
Monday, November 28, 2016 07:31:58
 
The new Mercedes E-Class Coupe, codenamed C208, will be revealed in January 2017 at the Detroit Auto Show. The E-Class family increases with the Mercedes E-Class Coupe and Cabrio, expected to join the revised range...

Toyota Unveiled at SEMA a 2000 HP Land Cruiser!

Toyota Unveiled at SEMA a 2000 HP Land Cruiser!

 
Sunday, November 27, 2016 07:24:54
 
The Specialty Equipment Market Association (SEMA) Show in Las Vegas brings many interesting concepts, but also many custom cars. Toyota introduced many concepts this time that are particularly interesting. The...

Volvo Reveals New S90 Excellence And Announces S90 Production Relocation to China
The Swedish company Volvo has officially presented the elongated wheelbase version of the sedan Volvo S90 and luxury version called Volvo S90 Excellence. Presentation of the cars took place in Shanghai and the public...

Mazda Revealed at SEMA MX-5 Speedster Evolution and MX-5 RF Kuro Concepts
Mazda unveiled two new concepts based on the MX-5 roadster, one of which has undergone a strict diet and came to weigh almost as much as a Smart! Mazda takes care to satisfy the claims of its most unusual fans....

Chevrolet Delivers Classic and Modern Muscle Cars to SEMA

Chevrolet Delivers Classic and Modern Muscle Cars to SEMA

 
Tuesday, November 22, 2016 09:56:35
 
At the SEMA Show Chevrolet brought several Camaro modified model, as well as a Chevelle classic model from the year 1969! The new Chevrolet Camaro Turbo AutoX combines a turbo engine that has a displacement of...

Fisker Emotion: Extremely Ambitious Luxury Electric Vehicle Promising 640 Km Range
Henrik Fisker posted on Twitter a few pictures with the electric car EMotion,from Fisker Inc., and immediately after he did so everyone's attention was captured. The reason is as simple as can be - the luxurious...

Alfa Romeo Stelvio, First Suv Of The Brand, Will Debut At Los Angeles Auto Show!
Stelvio, the first SUV by Alfa Romeo, is ready to debut next month at Los Angeles… but until then we have some spy photos. In the latest set of spy photos, the new Alfa Romeo SUV leaves some of the camouflage...

Japanese Strategy To Conquer More Markets: Renault-Nissan Is Preparing To Incorporate Mitsubishi!
†Renault-Nissan Alliance is preparing to integrate Mitsubishi in its structures and the three car makers will share production platforms and technologies. In the first half of this year, Mitsubishi was very close...

Volkswagen Atlas Ready For Los Angeles Show: Because Americans Prefer Big Cars, It Is Bigger Than The Touareg!
With the newest SUV, Volkswagen celebrates two premieres: firstly, VW renounces at the strategy to name all SUV brands with names that start with “T” and, secondly, it creates the biggest SUV of the brand....

Mitsubishi eX Concept SUV Ready For Los Angeles Auto Show! eX Means All-electric Powertrain!
Next month, Mitsubishi will bring a full list of updates to the Auto Show in Los Angeles, topped by the eX concept - which reached American soil for the first time. Even though its debut is set in about three weeks,...

Search Cars
Brands:
Models:
Fuel:
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
*
 
©2009-2016 Auto Types. All rights reserved. | Privacy Policy | Mobile version