Toronto Police giving Petty Tickets
I’ve spoken to several clients in Toronto who have been charged with going 5km over the limit! Yes, it is incredibly petty for the police to lay charges for tiny increments but these still impact your insurance and please remember to carry your up to date registration (and attach those renewal stickers immediately) and your up to date pink insurance slip. One client got 5 tickets from one cop because she forgot her wallet so got charged with two moving violations and fail to provide licence, registration and proof of insurance. She now pays $10000 as year for car insurance!
Related Information
Best Ways To Save Money On Your Auto Ins
1. Drive Less for and get a discount
Some carriers will discount your premium with a low-mileage discount if you drive less than 7,500 miles per year. Also ask your agent if you can receive a commuter discount for using public transportation.
Get the answers you need.
Actual Cash Value:
You’ll see this term a lot in auto insurance policies or if you ever have to file an auto insurance claim. That’s because most auto insurance coverage reimburses you only for the actual cash value of your car. Your car’s actual cash value is calculated by determining its original value, minus the amount your car has depreciated since you bought it.