London Auto Insurance

Auto Insurance things that you should know

Choosing the right London auto insurance policy could be difficult. You need to strike a balance between what you want and the cost offered by the provider. However, the auto insurance rate offered by different auto insurance companies for the same car and driver may vary in hundreds or thousands of dollars.

In other words, you don’t have to only keep an eye on the coverage that gives you the best features but you also need coverage that saves you the biggest cost. While shopping around could be a daunting task, Insurdinary is here to help you make it all easy.

We can connect you to reliable and experienced insurance advisors in London who will help you to get the most suitable London auto insurance. Our insurance advisors know exactly where to search for the auto insurance you want based on your needs and requirements.

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London Auto Insurance Quotes Trends in 2017

Source:insurdinary.ca 2017 collected completed auto insurance quotes

Best Driving Schools in London

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London Collision Reporting Centers

The Highway Traffic Act requires that every individual directly or indirectly involved in a collision should immediately report to the police if the collision resulted in injuries, damage to highway property, or property damage above $2,000. You are also required to report to the police in case of hit and run collision.

When involved in a collision, the law requires you to provide the following information to any witness or person who sustained loss or injury: your name, address, driver’s license number, and the province it was issued, car insurance company and policy number, license plate number, and name and address of registered owner of the vehicle, if it not you.

Keep a few copies of the collision pamphlet in your vehicle. It may become relevant if you are involved in a collision. Also, check the fees that apply if you require towing services.

London Auto Insurance News

Premier Doug Ford’s government announced on the second week of January that it would review the Ontario auto insurance system to minimize the rates paid by drivers. The review is necessary since Ontario drivers pay one of the highest insurance premiums in Canada even though they are some of the safest drivers in Canada.

A study carried out in 2017 shows that Ontarians pays 55% above Canada average in auto insurance. Former premier Kathleen Wynne failed to deliver on her 2013 promise to lower premiums by 15%.

According to the Ontario auto insurance industry, fraud is the reason for high insurance rates. However, that is only part of the problem. The insurance expert, David Marshall, pointed out that one-third of all insurance benefits (up to $1.4 billion per year) go to lawyers and medical experts in courts rather than treatment for crash victims. This is even bigger than the estimated cost of insurance fraud of $1.3 billion per year.

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