Even if you’re a model customer with no claims, other reasons beyond your control could be pushing your premium up.Extreme weather events and catastrophes are more frequent. As forest fires, floods, storms, and other weather events become more frequent, they cause extensive damage, resulting in more costly claims. Municipal infrastructure is getting older. Outdated municipal infrastructure and a higher demand for water make sewer backups more frequent, resulting in more damage-related claims (...)
Tag: insurance increase
Top reasons for car insurance to increase, and ways to save
Even if you’re a model customer with no claims, other reasons beyond your control could be pushing your premium up.Fraudulent claims are increasingly common. Fraudsters who stage accidents to make money are causing rates to increase across the country. In Ontario, the Insurance Bureau of Canada reports that fraud costs an estimated $1.6 billion per year (...)
How do red light cameras work?
Red light cameras are designed to photograph vehicles that enter a specific intersection after the traffic light has turned red. If you’ve been sitting in the intersection waiting to turn left since the light was green or yellow and it goes red as you’re turning, you’re probably safe. If you’re turning right at a red light, you could trigger the camera if you don’t stop and take the time to look both ways before moving into the intersection. Generally speaking, red light cameras are either mounted on a free-standing pole (...)