by mickelsmith21 » Tue Jul 05, 2011 01:09 pm
Online insurance quote comparison service, Kanetix, may their quarterly results year over year auto insurance rates in the 2 nd quarter of 2011 in Ontario, Quebec and Alberta
Ontario auto insurance rates increased by 6.4 percent in Q2 2011 compared to Q2 2010. Prices are stabilizing, the car last year’s insurance reforms in 2010 Q4 and Q1 2011 show 9.5 per cent and 6.7 per cent growth year on year respectively.The difference will decrease.
Drivers in Quebec and Alberta were able to take advantage of the rates remained relatively stable in the second quarter. Modest increases were observed in both provinces, 0.2 percent in Quebec and 1.4 per cent in Alberta.
When consumers feel short of cash because of rising gas prices and insurance rates, they may be able to relieve some pressure on their wallets by revising their policy of automobile insurance.
“Even if prices are higher than last year, consumers can still find ways to lower insurance premiums if they ensure that discounts are available, and take the time to understand the other savings options that are available. At Kanetix , we believe that consumers can enjoy additional discounts than it is today – the discounts that could reduce their prices, “said George Small, Co-founder, Kanetix Ltd.
The study found that the rate Kanetix more than 50 percent of consumers in Ontario did not benefit from multi-line delivery is available. For insurance companies, the reduction can range from 5 to 15 percent. It was also noted that more than 50 percent opt for the provision of roadside assistance, and about 20 percent have not benefited from the return of winter tires that offer many insurance companies.
The study also determined that more customers can save their commission elected on a higher deductible. Insured persons who move to $ 500 deductible $ 1,000 deductible could save between 5 and 10 percent. However, drivers should opt for low-cost tax deductible compensation cases.
“Kanetix has given millions of consumers with accurate insurance quotes for 12 years. It ‘important that consumers know they can count on Kanetix.ca to give them a broad knowledge of insurance, money-saving options, and especially the real choice and the exact prices from the best insurance companies in Canada, “says.[/img]
Ontario auto insurance rates increased by 6.4 percent in Q2 2011 compared to Q2 2010. Prices are stabilizing, the car last year’s insurance reforms in 2010 Q4 and Q1 2011 show 9.5 per cent and 6.7 per cent growth year on year respectively.The difference will decrease.
Drivers in Quebec and Alberta were able to take advantage of the rates remained relatively stable in the second quarter. Modest increases were observed in both provinces, 0.2 percent in Quebec and 1.4 per cent in Alberta.
When consumers feel short of cash because of rising gas prices and insurance rates, they may be able to relieve some pressure on their wallets by revising their policy of automobile insurance.
“Even if prices are higher than last year, consumers can still find ways to lower insurance premiums if they ensure that discounts are available, and take the time to understand the other savings options that are available. At Kanetix , we believe that consumers can enjoy additional discounts than it is today – the discounts that could reduce their prices, “said George Small, Co-founder, Kanetix Ltd.
The study found that the rate Kanetix more than 50 percent of consumers in Ontario did not benefit from multi-line delivery is available. For insurance companies, the reduction can range from 5 to 15 percent. It was also noted that more than 50 percent opt for the provision of roadside assistance, and about 20 percent have not benefited from the return of winter tires that offer many insurance companies.
The study also determined that more customers can save their commission elected on a higher deductible. Insured persons who move to $ 500 deductible $ 1,000 deductible could save between 5 and 10 percent. However, drivers should opt for low-cost tax deductible compensation cases.
“Kanetix has given millions of consumers with accurate insurance quotes for 12 years. It ‘important that consumers know they can count on Kanetix.ca to give them a broad knowledge of insurance, money-saving options, and especially the real choice and the exact prices from the best insurance companies in Canada, “says.[/img]
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