Auto insurance rates rise 6.4 per cent in Ontario says Kanetix.ca rate study
05.07.11
Deductible could spare between 5 and
10 per cent. Nevertheless, drivers should choose an affordable
deductible in the event of a claim.
" Kanetix has provided millions of consumers with correct online insurance
quotes for 12 years. It's important for consumers to know that they can
rely on Kanetix.ca to provide them with voluminous insurance information, money-saving
options, and most importantly, real choices and accurate rates from
Canada's to the fullest extent insurers," says Small.
About the quarterly review
Kanetix 's quarterly review of auto insurance is intended as a cat's-paw to spot and
highlight the pricing trends of car insurance. Kanetix is of the opinion that this is an accurate reflection of what consumers
are seeing when they get their renewal cognizance, and what they see when
they shop around. The study includes all shoppers who, regardless of
their driving or insurance history, found a quote and took the next
step to obtaining. An average is taken, from these quotes, no matter
which company provided the quoted rate (e.g. direct writing companies
or middleman-based insurers).
Source: CNW Group (press release)