Out of province insurance
#3
Re: Out of province insurance
Originally posted by chrisk20
What are the laws regarding getting insurance from companies or brokers outside of Ontario, from places such other provinces or even the US?
What are the laws regarding getting insurance from companies or brokers outside of Ontario, from places such other provinces or even the US?
#4
Originally posted by xplizitremix
...... this is a ridiculous question
do some research about insurance companies before asking
...... this is a ridiculous question
do some research about insurance companies before asking
#5
Re: Re: Out of province insurance
Originally posted by DumbasSi
And driving the car in Ontario hoping to get a cheaper rate from another Province? That would be insurance fraud wouldn't it?
And driving the car in Ontario hoping to get a cheaper rate from another Province? That would be insurance fraud wouldn't it?
#7
An insurance company must register their rates for approval with Ontario's government regulators before they can begin selling auto insurance policies in Ontario. As long as the insurance company in question does that, it makes no difference where their head office is.
You're not likely to see cheaper rates though. An insurance company will still price their policies according to the actuarial risks and benefits required by Ontario law.
You're not likely to see cheaper rates though. An insurance company will still price their policies according to the actuarial risks and benefits required by Ontario law.
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