These are some of the most common questions we get here at Insurance Buddy about insurance coverage in Ontario. If you don’t see the answer to your query, don’t hesitate to reach out to one of our insurance specialists and we’ll be happy to help you out. Contact us today!
About Insurance Buddy
What types of insurance do you offer?
Where are you located?
We are located in Markham. We serve Toronto and the GTA as well as the whole province of Ontario.
How do I get a quote?
You can either use our online quote system (available 24/7) or you can call us directly at 1-855-237-2905.
What information do you need to process my car insurance quote?
In order to give you the most accurate quote possible, it is helpful if you can have the following information ready:
- G1 license date
- G2 license date
- G license date
- Current Drivers Abstract
- Prior Carrier Experience Letter
I’m interested in joining your team as a broker. What is the process?
First off, you must be RIBO licensed to work with Insurance Buddy. You can find out more about joining our team and send us an inquiry here.
General Insurance Questions
I want to get the cheapest insurance I can. Can you suggest ways I can get some further discounts and price reductions?
Definitely. A few options for auto insurance include special discounts for winter tires, having Telematics installed in your vehicle and choosing Pay as You Go auto insurance if you drive less than 9,000 kms per year. We also did up a post here with further suggestions about insurance in general as well as this post with tips specifically for reducing your car insurance rates. Our brokers will discuss all options with you for lowering your premiums when you get in touch with us.
Will I save money by getting my home and auto insurance from one provider?
Yes, that is the case with most insurance companies and is a smart way to get cheaper insurance coverage.
I’m just in the research phase. What can you suggest for me at this point? Would you be able to direct me to some resources to help with my understanding of insurance and the options available?
Good for you! Getting cheap insurance of any kind requires you to do your due diligence – comparing quotes, reading resources and learning about the options available to you for saving money. Our online insurance quote tools for home and auto both will give you a variety of coverage offers to allow you to compare different insurance providers. Our blog has plenty of tips and information regarding insurance coverage in Ontario. You can also check out these links to helpful insurance resources, as well as our insurance tips and insurance terms glossary.
I’m after cheap car insurance in Ontario. How can I get the best rates possible?
You’ve come to the right place! We’re on a mission to save you money. Get in touch with us to find out how we can help you cuts your costs. You can also check out this post with some of our top tips for getting cheaper rates.
What happens if I miss a car insurance payment?
This really depends on your specific insurance provider and whether or not you have a history of non-payment or missed payments. Learn more about some of the repercussions of missing a payment here.
Is it possible for 2 people to own 1 vehicle in Ontario?
Yes! Two people can be registered as owners on a vehicle. Click here to learn more about joint ownership and how this affects car insurance.
What is ‘Plug and Save’?
Plug and Save is a telematics device that monitors your driving habits, such as speed and braking. It offers consumers in Ontario a way to save on their car insurance. Learn more here.
Is ‘Pay as You Go’ auto insurance an option for me?
This depends on how much you drive. If you drive anywhere less than 9,000 kms per year, then it is a good option to save on your premiums. If you drive more than this, pay as you go would not offer any cost savings relative to a standard auto insurance plan. Learn more here.
I’ve got a trip coming up and I’m planning to rent a car. Is my Ontario car insurance enough to cover me or do I need to purchase coverage from the car rental company?
The answer is, it depends as different plans offer different coverage. For example, you might have an endorsement for rental vehicles included in your coverage. For more information about renting a car and your existing car insurance in Ontario, click here.
Want more information on auto insurance in Ontario? Check out all of our posts on the topic.
High Risk Insurance
I am considered a high risk driver. Can you help me with insurance options?
Absolutely we can help high risk drivers get coverage! You can check out some more information on high risk auto insurance over on our blog (especially this post with common questions about being a high risk driver answered). Or just get in touch with us today to discuss further.
How long will I be in the high risk auto insurance category?
It depends on why you were put in the high risk category in the first place. In general, tickets in Ontario will stay on your record for three years and an accident that was your fault for six years. Click here to learn more.
I got a DUI. How much can I expect my car insurance to go up?
This is a very common question! It will depend on the seriousness of the infraction, but generally speaking you can expect your rate to double. Learn more here. And for more information about DUIs in Ontario, check out this post.
I’m a young driver. Can I still get cheap car insurance?
As a young driver you are automatically considered high risk because of your age, which affects your rates. Click here to check out our post on getting the best rates as a newbie. Are you the parent of a teen that’s ready to get behind the wheel? Check out this post with some ways you can help the young driver in your family get some cheaper insurance rates. And be sure to check out this post with all your most common questions about being a young driver in Ontario answered.
Want more information on high risk auto insurance in Ontario? Check out all of our posts on the topic.
I’m going to be renovating my house. What implications does this have for my current home insurance coverage?
The answer is, plenty! Many mistakenly think that they don’t have to let their insurance provider know about renos or they think that by keeping mum, they will save money. Don’t let this be you! Click here to learn more about renovations and home insurance.
What can I do to protect my home and property from floods?
Regular and proper maintenance of your eaves, downspouts, and draining systems is key. Other areas to look out for include your sump pumps and backflow set-up. Check out this post with more tips and resources. As well as this one specific to basements.
What can I do to prevent break-ins and burglaries in my home?
Check out this post for some specific ways you can make your house less attractive to thieves, such as securing your sliding patio door and choosing the right fence. This post talks about the proper management of your valuables. And should the unfortunate occur, you can check out this post for what to do if your home does get broken into.
What can I do to prevent frozen pipes in my home?
Ontario is no stranger to cold weather and that can cause lots of problems in our homes, especially our plumbing. This post talks about steps to help protect those pipes during a cold snap.
What is renters insurance and do I need it?
Renters insurance, or tenant insurance as it is sometimes called, is coverage that protects your personal property while you’re living in someone else’s home or building. While your landlord or building owner will certainly have property or home insurance, this will not cover your belongings should something happen. Learn more in this post.
Want more information on home insurance in Ontario? Check out all of our posts on the topic.
What types of business insurance coverage do you offer at Insurance Buddy?
We can help your business in Ontario with a wide array of insurance options. We work with a variety of industries including retail, contracting, professional offices and hospitality, to name a few. Wondering if we can support your business in connecting with the right commercial insurance plan for your specific operations? Get in touch with us here.
What is business interruption?
Generally speaking, this type of commercial insurance coverage protects a business in the event that a fire or other type of insured peril affects the business and its operations. Business interruption is something that will vary greatly from provider to provider. Learn more in this post.
This insurance term gained a lot of notoriety during the pandemic. Here’s some more specific information on that.
What is E & O in the world of business insurance?
This type of insurance is known as errors and omissions and it is a type of professional liability coverage. Learn more in this post and then check out this post for the types of profession that often opt for this type of coverage including those businesses that must have it here in Ontario.
Want more information on business insurance in Ontario? Check out all of our posts on the topic.
We have provided the definitions and suggestions on this page for general information and educational purposes only. They are not meant to be complete descriptions to cover any and all terms, conditions and exclusions that are found in different insurance policies. If there is any inconsistency between this information and the definitions in your policy, it is your policy that governs. Contact your insurance broker if you have any questions or need any clarification about your particular policy and the definitions therein. This information is not intended to replace the advice or expertise of a certified professional or specialist. It is always recommended to consult with a professional.
Don’t see what you’re looking for above? Need further information on our services? Contact us today.
It is our mission to drive down your car insurance rates by providing an online rating system based on your driving profile.
We offer an array of options for home insurance including umbrella policies and deductible choices.