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When
it comes to Canada car insurance all Canadians are well aware of
the fact that we MUST have auto insurance coverage. Each Province
has their own "basic" or "minimum" car insurance coverage requirements
and then we can add to that coverage based on our own individual
needs.
That's
a given.
What
is sad though is that when it comes to car insurance many of us
are paying much more than we should be. Why? Because we don't take
the time to shop.
Why
don't we shop ...
Let's
face it, it's a hassle calling car insurance companies giving each
one the same information over and over again. We'll call two "maybe"
three insurance companies and then call it a day and go with the
lesser of the quotes from the few calls we made.
In
addition, the general consensus is when it comes to car insurance
in Canada ALL insurance companies are equal and the same and that
the current rate that people are paying is the same rate they will
get elsewhere ... so what's the point of shopping.
In
the past before the internet calling companies one by one would
be a hassle. But, with the speed and ease of the internet you can
get several auto insurance quote for Canada and compare their rates
in a matter of minutes. Which alone makes things a lot easier.
However
and more importantly, all car insurance companies are NOT created
equal and nor do they all charge the same rate. In fact a study
was done in Nov 2006 comparing car insurance premiums and found
that, based on the same coverage. they varied by over $900.
I
am sure you will agree that it is well worth the time and energy
it takes to shop around for insurance quotes, click a button, get
a comparison from several companies at once and keeping $900 in
your pocket ...
Well
let's just stop there and let me ask you ...
When
it comes to Canada car insurance is it worth shopping around?
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