Insurance | Canadian Contests, Coupons, Deals, and Free Stuff

Compare Insurance Quotes with InsuranceHotline.com

Posted by: Frugalis.ca

Looking for car, home, motorcycle, life, or commercial insurance? Look no further by using InsuranceHotline.com from the folks at the Torstar Corporation (a.k.a. The Toronto Star). With InsuranceHotline.com, all you need to do is fill in the relevant pieces of information using an online form and you will receive the three lowest quotes via email. InsuranceHotline.com has a database of over 30 insurance companies in order to determine the lowest prices for you. From there it’s up to you if you want to follow up with the insurance providers or keep looking. It’s a great tool because you can play around with the different variables to see how it impacts your quotes. There is no obligation to purchase any of the plans, so you do not have a worry about committing to any terms.

For course, you should consider other factors besides the quoted price such as customer service and other benefits (e.g., family discounts, 24/7 emergence service, etc.), but its a good place to start looking and comparing quotes.

For more information, visit: http://www.insurancehotline.com/

Tags: [ insurance ]

May 25, 2010 | Deals, Financial Services

How To Save Money on Car Insurance

Posted by: Frugalis.ca

	1. Shop around for car insurance. The cost of an auto insurance policy for the same driver with the same or comparable coverages can vary greatly from one insurance company to another. This is because each insurance provider has a different set of criteria for the circumstances of their policy holders. Independent websites such as InsuranceHotline.com can help you sort out the different policies available to you.
2. Know the market value of your car. Car insurance companies only pay claims equal to the car’s market value, so Comprehensive and Collision Coverage may not be worth keeping on an older car which has very little market value.
3. Make sure your car insurance policy accurately reflects your circumstances Update the information your car insurance company has about you. You may be eligible for a rate reduction if you are married, moved to safer neighbourhood, or installed an anti-theft device.
4. Don’t carry excess coverage. Keep the optional coverage at a minimum. If you are a casual driver you may not need to have coverage for a rental vehicle if your car is in an accident. If you already have a membership with an auto club such as CAA, you probably do not need any roadside coverage from your insurance provider.
5. Raise your car insurance deductibles. If you can afford to pay for some of your mishaps, raising your deductibles can reduce the Collision and Comprehensive cost of your car insurance policy by up to 30 percent.
6. Pay your insurance in full. Paying your insurance premiums in full can save you 3 or 4 percent per year if your insurance company adds a financing fee on top of your monthly payments.