Suppose you have shopped around online and found a lower car insurance rate. Your first thought is likely: â€Å"What do I do about my existing policy?” Do you wait for your renewal date or do you cancel your current policy right away to take advantage of the lower rate?

If you are like most people, the only times you think of reviewing your insurance policy are if you are making a claim or when you get your renewal notice in the mail. But did you know that there are a number of common changes to your driving profile that require you to notify your insurance company or insurance professional?

According to theinternetretailer.com, there has been a steady increase in the number of Baby Boomers who are shopping online. "Baby Boomer" is a term that describes those people born starting in 1945/1946, who will be turning 65 in 2010 (which is the set retirement age in Canada), and in 2008 approximately 74 per cent of Boomers went online to make purchases.

With the holiday season over, you're undoubtedly dreading the bills that are on their way to your mailbox. Fortunately if you're looking for ways to tighten your financial belt in the New Year, there are a number of simple ways to reduce the many costs associated with your car.

With the holiday season here, the Reduce Impaired Driving Everywhere (R.I.D.E.) program will be taking to Canada's streets and highways once again. While R.I.D.E. is primarily aimed at keeping impaired drivers off the road, there are important points about the program that you'll want to keep in mind when getting behind the wheel this season. Learn how being prepared and cooperative can help you avoid getting a fine.

We're nearing the end of 2009, which makes now a good time to recap some of the changes that have occurred this year in the insurance industry and with driving laws. We list the highlights in this article.

The deductible is one of the most important options you will select on your car insurance policy. This is because it directly impacts how much your insurance premium will cost and the amount you agree to pay out-of-pocket in the event of a car accident or a claim.

The main purpose of insurance is to protect you in the event of an accident — whether or not you are responsible — in exchange for a premium charged by the insurance company. Your insurance company determines how much you'll pay for insurance by assessing the answers you disclose on your auto or home application.

Drivers in Ontario are about to get hit with car insurance rate hikes. Are you going to be affected? Find out what you can do about it.