How can I lower my auto insurance bill during COVID-19 lockdown?

Author: External Author | | Categories: Insurance Coverage , Insurance Lawyer , Law Office , Motor Vehicle Accident Lawyer

Catastrophic Injury Lawyer Toronto

The Insurance Bureau’s grand general statement, and the imprecise media reporting that followed, contributed to confusion among Canadian drivers. Yes, $600-million is a whole lot of money, but it has to be divided among more than 20 million personal use vehicles registered in Canada, for a rough average of $30 per vehicle. And bear in mind that the promised savings on premiums is based on the predicted one- to three-month duration of physical distancing and home confinement—for the remaining nine 

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Original Article Source Credits:   MoneySense  , https://www.moneysense.ca/

Article Written By:  GEORGE INY

Original Article Posted on:  APRIL 30, 2020

Link to Original Article:  https://www.moneysense.ca/columns/reducing-auto-insurance-premiums-during-covid-19/



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