Auto Insurance: Page 51

Auto Insurance

Season of the Steal: Auto thefts in Toronto up more than 50 percent compared to start of 2021

Toronto, Ontario — According to newly released data from the Toronto Police Service, auto thefts are up more than 50 percent in the first two months of this year compared to the same period in 2021. Around this time in 2021, 810 auto thefts had been reported in Toronto; this year, the city has already […]

ADAS

ADAS Aware: IIHS study shows used vehicle safety systems go underutilized

Toronto, Ontario — Vehicles these days are full of sensors and safety features, but as these vehicles change hands from owner-to-owner, the specific functions of some of these systems can get lost to a game of broken telephone, according to a recent study from the Insurance Institute for Highway Safety. The latest research from the […]

Collision Repair

Crash Coverage: Turo partners with Economical Insurance

Ontario, Toronto — On Feb. 15, peer-to-peer car-sharing marketplace Turo announced their partnership with Economical Insurance, who will provide auto coverage for Turo users in Ontario, Quebec, Alberta and Nova Scotia. To qualify for insurance coverage, users must provide photos of the damaged areas, 24 hours before and after the trip. Coverage does not cover […]

Auto Insurance

Crash for Cash: Survey finds 42 percent of Ontarians prefer cash settlement for fender benders

Toronto, Ontario — A recent survey from RATESDOTCA seems to indicate that a significant portion of Ontario drivers would prefer to leave their insurance company out of the loop when it comes to small fender-bender accidents. The survey found that 42 percent of Ontario drivers would prefer to pay or accept a cash settlement instead […]

Collision Repair

Window Woes: Winnipeg police charge man with 130 counts of mischief for window smashing spree

Winnipeg, Manitoba — Citizens of Manitoba are once again safe from having their car windows smashed by a random stranger–police have charged a 22-year-old man with 130 charges of mischief to property following the damage of vehicles across Winnipeg’s west end. Police said they’ve received dozens of similar reports regarding damaged vehicles in Winnipeg, mostly […]

Auto Insurance

INSURANCE NEWS

While Wyllie and Kennedy both anticipate further claims to surface, ICBC maintains that it is “too early” to estimate total claims and costs. THE LITERAL FLOODGATES “According to the Insurance Bureau of British Columbia (ICBC), the insurer has received more than 1,700 vehicle claims linked to extreme weather events during December. The damage is reportedly […]

Fire and Ice: Fire in Winnipeg parking lot leaves stranded cars frozen at the scene

Winnipeg, Manitoba — A fire at a Winnipeg housing complex has left more than two dozen drivers out in the cold and waiting for their ice-encased to be returned to them as they await a full cleanup of the scene. The fire broke out behind the Kirkwood Block, on Portage Avenue at Langside Street in […]

Pyre Safety: EVs 100 times less flammable than gas vehicles, says AutoInsuranceEZ

Toronto, Ontario — According to a recent study by AutoInsuranceEZ, electric vehicles (EVs) are almost 100 times less vulnerable to vehicle fires than traditional gas-fueled vehicles. Vehicles of all power sources see annual recalls for fire risks, but electric vehicles remain the safest and least likely to face fire risk model recalls. Compared to hybrid […]

Eye on Safety: MPI releases observation report on rural, urban distracted driving habits

Winnipeg, Manitoba — Wearing a seatbelt on Canadian roads has been mandatory for the past 46 years and yet it’s still a tough habit to get into for some, as Manitoba Public Insurance released the results of a study that observed 10 percent of rural drivers not buckled up behind the wheel. MPI specified that […]

Night Moves: IIHS to develop nighttime AEB testing standards

Toronto, Ontario — The rapid integration of automatic emergency braking (AEB) systems into passenger vehicles has been nothing short of miraculous in its ability to save driver’s lives, however, the IIHS has announced that they are developing testing to shed light on one of the technology’s most significant downfalls. New research from the Insurance Institute […]

Dishonourable Discharge: ICBC no longer insuring decommissioned military vehicles

Vancouver, British Columbia — What was once an unconventional hobby that brought a community together is now a collection of “expensive paperweights”, says West Vancouver’s Mark Fleming, an active Canadian Forces reservist whose collection of decommissioned military vehicles became uninsurable overnight. Fleming collects and rents disused military vehicles, like WWII-era U.S. Jeeps and Soviet tanks, […]

Winter Bonus: First 200,000 MPI rebate cheques to be mailed this week

Winnipeg, Manitoba — It’s that time of year—the MPI rebate cheques are here. Or they’re being mailed out this week, at least.  Manitoba’s public auto insurer expects to put about $328 back into the wallets of drivers as the first 200,000 rebate cheques are on the way to Canada Post. MPI says that in total, […]

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