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INSURANCE,
generally speaking, is a promise to pay or re-imburse
should certain things go awry. The basic
principle suggests that the premiums paid by of
all the policy holders pay for the losses of
those unfortunate few who make a claim.
There are many types of Insurance in Canada,
including Life insurance, auto, health, and home
insurance.
Though obtaining a quote for these used to be a
complicated procedure, the process has become
increasingly easier with the advent of phone and
online quotes. |
At present, there
are over 200 private home, business, and auto
insurers competing for your business in Canada.
With so many to choose from, it can be difficult
to know where to begin. That's where we step in.
Our goal at Insurance Quote in Canada is quite
simple - to arm you, the consumer, with as much
information as possible. We have no affiliation
with any one company, and can therefore offer
you unbiased facts that will enable you to make
the best choice possible.
Perhaps you are a
Renter looking to protect your possessions.
Alternatively, you may be a
home owner seeking to secure what is likely
your largest single financial investment.
Auto,
Life,
Health - we have covered the most common
types of insurance quotes that Canadians search
for
Online.
For a complete list
of all the information contained on this site,
visit our sitemap page.
More Resources >
Insurance Quotes Alberta - We have provided
insurance information on 3 of Alberta's largest
cities, as well as popular topics such as how to
obtain quick and easy instant insurance quotes.
Compare Insurance Quotes - Fox quotes
provides Helpful articles and reources for
comparing insurance quotes.
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Insurance
Fast Facts:
Young drivers are up to three times more likely
to be at fault in a car accident and
historically, young male drivers have had the
highest collision rates.
Hurricane Katrina was the most costly
insurance loss in history with an estimated 38
billion dollars in losses.
Canadians purchase about 856,100 individual life
insurance policies each year.
The federal government sets health-care
standards for all of Canada, but each province
manages its own health-care program. In some
provinces, there is a small monthly fee for
health insurance.
Canadians pay a total of $58.2 billion in
premiums on existing and new policies.
There are 105 life and health insurance
companies operating in Canada.
From every dollar in premiums collected,
insurers earn about 11 cents in investment
income. Investments are used to reduce the cost
premiums and to generate profit for the
industry. |
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