ARTICLES

Cheap Auto Insurance for Teenagers

Prom dresses. Football camps. School clothes. Cell phone bills. Teenagers come with hefty price tags! But we love them, and we want the best for them; that s why when it comes to auto insurance, not only do we want to shop for cheap auto insurance for teenagers, but we want to shop for the best auto insurance for teenagers, as well. Since teenager drivers are considered at risk drivers because of their lack of experience, is it even possible to find an auto insurance policy for teenagers that is both cheap and reliable? Yes. First thing s first the quality of the auto insurance policy. You don t want to choose an auto insurance policy for teenagers based solely on cost, because as clich as it sounds, you usually get what you pay for. Begin your search for an auto insurance policy for your teenager by looking into reputable auto insurance companies. Perhaps you ll want to add your teenager to your own policy, or perhaps you ll want to look for an auto insurance company that offers special auto insurance policies for teenagers. The route you take doesn t matter; what matters is that the auto insurance policy...
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Auto Rates Still Slipping in Canada

Like political football, auto insurance can remain in storage for the Oct. 10 Ontario provincial elections. Rates have been relatively stable for months, and they have fallen substantially since the Liberal and Conservative parties last campaigned on promises to reduce premium costs, reports The Star. What is there to argue about? Well, not much. But the future could give surprises along the way. A clutch Canada could not even handle the shifts. "Ontario drivers have saved $4.5 billion since November 2003 from lower premiums as a direct result of changes to the (auto insurance) product," says Jane Voll, an economist with the Insurance Bureau of Canada. "The average premium per vehicle has dropped from $1,499 to $1,260 annually - a reduction of nearly 16 percent." Statistics Canada and the Financial Services Commission of Ontario each take a diverse methodology to calculating the cost of insurance than the IBC. Regardless of the methodology, however, the level of public anguish has sinked. The industry lobby group IBC merely takes total premiums accumulated and divides that by the number of insured autos. The computation discloses how much shoppers are spending. But not how much coverage they are purchasing. Statistics Canada attempts to do...
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