If you are not redirected within 30 seconds, please click here to continue.
Samedi: 10h – 16h HAE
If you are not redirected within 30 seconds, please click here to continue.
If you are not redirected within 30 seconds, please click here to continue.
We are now transferring you to LowestRates.ca to complete your quote.
Viral Video Highlights Need for Insurance Laws to Evolve
Table of Contents
We live in a world surrounded by products and services that are constantly updated to make our lives easier. Unfortunately, Insurance laws aren’t one of them.
The Insurance Bureau of Canada (IBC) resorted to social media and made a video with the hashtag #MOOTInsurance in an effort to highlight what they say are antiquated rules around insurance.
This hilarious clip highlights ancient technology like typewriters, alongside the decades-old "pink slip" - a vehicle's proof of insurance. It's all part of a campaign called "It's time for a change" that aims to move the needle on insurance laws. IBC says that:
- Users should be allowed to customize Insurance as per their needs.
- Instant policy execution should be available online.
- There should be a pool of Insurers to pick from; as per your budget and specific needs.
They say these changes will provide users with the ability to save on insurance premiums without compromising on coverage.
Meanwhile, Canadians should continue to shop online for the best car insurance rates.
Latest Articles
Canadians tend to apologize a lot, but when it comes to getting travel insurance in Canada, it’s better to be safe than sorry.
The first rule of driving in Canada is to get insured. The second rule of driving in Canada? Stay insured.
Mortgage amortization will determine your monthly payments and the total interest you’ll end up paying on your mortgage. So, should you go long or short?
Buying a car out of province requires extra effort, like vetting options, ensuring compliance with home regulations, and budgeting for travel, but it offers access to better deals, unique models, and a wider selection.
All it takes is one heavy rainfall to end up with a flooded basement. Adopt these preventative measures to keep your floors dry all year round.
Collisions with wildlife can have an impact on your vehicle. But what about your insurance?
Not long ago, EVs seemed like a no-brainer—eco-friendly, cheaper to fuel, and rebate-backed. But our latest RATESDOTCA survey with Leger shows a shift: 32% have ruled buying an EV out entirely.
Before you purchase optional insurance for your rental car, check your credit card, as it may already offer coverage for rental cars. Here are our picks for the best credit cards for rental car insurance in Canada.
Get money-saving tips in your inbox.
Stay on top of personal finance tips from our money experts!