Ellen Roseman: Insurance won’t cover reduced value after a crash — unless you ask or sue

When a car undergoes a rebuild after a collision, its resale price takes a hit. And Canadian insurers don’t cover the loss.

Pandemic learning pods and home insurance: what you need to know

Choosing to homeschool your kids amid concerns over COVID-19 means opening yourself up to liability.

REPORT: Canadian mortgage rates and housing market trends 2020

REPORT: Canadian mortgage rates and housing market trends 2020

Predicting trends in the Canadian housing market is tough in any year. COVID-19 has made predicting trends this year harder than most.

Predicting trends in the Canadian housing market is tough in any year. COVID-19 has made predicting trends this year harder than most. 

But our Canadian real estate market outlook report aims to do just that. 

About the authors

Zandile Chiwanza

Zandile is a freelance personal finance journalist. She previously worked as a personal finance writer at LowestRates.ca and before that, the content editor for Real Estate Management Industry News. As a self-proclaimed budget warrior, Zandile dedicates most of her time to advocating for financial wellness.

Lisa Coxon

Lisa is a senior editor in the personal finance space. Her work has appeared in Reader’s Digest, Toronto Life, Canadian Living and TVO. As a child, she diligently hoarded the $50 bills that fell out of her Christmas cards. Adult Lisa is working hard to resurrect those stockpiling tendencies. 

Read this next

browse categories

REPORT: Canadian mortgage rates and housing market trends 2020

Experts say we haven’t yet seen the full effects of COVID-19 on the housing market. 

 

A mysterious illness. A sensuality retreat. And $15,000 I’ll never get back

Five of our best money-saving blog posts that might help you right now

Struggling to make ends meet and looking for ways to save? Read these five  blog posts.

New Drivers

Compare insurance quotes & find the lowest new drivers auto insurance rate. Get the cheapest coverage for your vehicle today! Instant. Online. Free.

Get 50+ quotes in 3 minutes.

Get 50+ quotes in 3 minutes.

26,261 Canadians

have compared rates and saved money over the last 24 hours

How comparing auto insurance quotes works. Hint: it’s free!

Compare

Next, we’ll show you quotes from 50+ Canadian providers. It’s free, with no commitment.

Front view of a car. Illustration.

See how our customers with collision coverage save big on auto insurance.

Your questions about car insurance for new drivers, answered.

What is new driver insurance?

If you have no prior driving history or any record of having insurance you're considered a new driver.

This includes:

Auto insurance news

G2 Drivers

Have a G2 level license? Get the best rates on car insurance today.

Get 50+ quotes in 3 minutes.

Get 50+ quotes in 3 minutes.

26,261 Canadians

have compared rates and saved money over the last 24 hours

How comparing auto insurance quotes works. Hint: it’s free!

Compare

Next, we’ll show you quotes from 50+ Canadian providers. It’s free, with no commitment.

Front view of a car. Illustration.

See how our customers with collision coverage save big on auto insurance.

 

What are the rules for driving with a G2 license?

While a G2 license gives you more freedom than a G1 license, there are still restrictions. To obtain lower car insurance rates and stay in good standing with your insurer, there are rules G2 drivers need to follow.

If you’re 20 years of age or older and hold a G2 license, you must abide by three legal restrictions:

Auto insurance news

Five home decor experts share low-budget tips for sprucing up your home

Five home decor experts weigh in on how to improve your home on the cheap.

 

Ellen Roseman: If you plan to break your mortgage, beware the penalties

If you’re planning to sell your house or break your mortgage before the end of your term, there could be fees to pay.

Pages