To begin with, you (and all drivers you wish to include in the policy) must have a valid driver's license and be a resident of Canada. Insurance companies will look at your prior driving record to determine eligibility and rates. However, rates will vary depending on whether you are looking for a new insurance policy altogether or if you wish to renew an existing one. Car insurance is mandatory in Canada, whether you lease, finance or own your car. Car insurance could help protect you from the financial loss that comes with car accidents. ...
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Advantages and disadvantages of a multi-car policy Advantages Convenient to have all your cars under one provider Cheaper than having separate policies for each car Each driver’s no...
Key Takeaways One way to lower your car insurance is through a discount bulk rate for insuring several vehicles and drivers on the same policy. Lower car insurance rates may also be...
Ten million electric cars were on the world’s roads in 2020. It was a pivotal year for the electrification of mass market transportation. Sales of electric cars were 4.6% of total car sales around the world. The availability of electric vehicle models expanded. New initiatives for critical battery technology were launched. And, this progress advanced in the midst of the Covid-19 pandemic and its related economic downturn and lockdowns. Over the last decade a variety of support policies for electric vehicles (EVs) were instituted in key market ...