April 2005 Archives

Getting married?

Home insurance policies have limits for jewellery coverage. Expensive rings should be insured separately on a "Jewellery Rider" Note that only the bride-to-be can insure the ring, since she is the owner.

Is your son or daughter attending University away from home?

Most Ontario insurers allow discounts if the occasional driver under age 25 attends university/college away from home. Usually the distance from home must be 250Km or more.

2-door versus 4-door

Generally speaking, 2-door vehicles are more expensive to insure than 4-door vehicles, since they are considered more sporty (and thus prone to more accidents). Of course, the above "rule of thumb" applies to vehicles of similar value.