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Stop… Thief!

Charles-Antoine Carra Auteur Lareau - Charles-Antoine Carra

You are shopping at a mall, and make your way back to the parking lot… but your car is no longer there. Your car is very plain with no fancy gadgets, so you would never have thought it would be stolen. Unfortunately, regardless of year or model, any vehicle can be stolen. Motor vehicle theft is a major problem in Quebec. According to the Insurance Bureau of Canada, in 2009 no less than 27,517 vehicles were stolen in that province… that’s one vehicle every 19 minutes! Vehicle theft is also a big problem in Ontario, where 27,175 vehicles were stolen during the same year. However, regarding the recovery rate of stolen vehicles, the difference is staggering: 67% for Metropolitan Toronto versus 31% for the Greater Montreal Area. Some people would actually be happy to see their vehicle gone, such as Lire la suite…

Leaving Your Old Car Behind…

Charles-Antoine Carra Auteur Lareau - Charles-Antoine Carra

Your car just gave out on you at the worst possible time? What am I saying… There is never a good time. So you immediately decide to get a new car, drop into the first dealership you come across—just to look around—and come out with a new car. Buying a new vehicle is generally a pleasant experience: that new-car smell, which is sometimes an actual perfume (in the Rolls Royce, for example, a wood and leather scent is sprayed), cleanliness, reliability and, usually, a strong sense of pride. But buying a new vehicle also contributes to other things. It’s no secret… the American economy is collapsing and one of the boldest plans from the leaders of Uncle Sam’s country was to save the national automobile industry by literally acquiring Chrysler and GM. Moreover, this week, GM just went back onto Lire la suite…

Aunt Bea’s Change Jar

Charles-Antoine Carra Auteur Lareau - Charles-Antoine Carra

Aunt Bea has always had the odd habit of collecting money and putting it in an antique milk jug. And she’s not the only one. Many people have a change jar somewhere in their home that they use to dump all their spare change. Whether it is their only form of savings or just a habit, they believe their money is safe if they put it in a home safe, or maybe even under an old mattress. Am I exaggerating? Not really… but, in any case, these people are responsible and are insured, so they can sleep safe and sound… or can they? Well, not really. Insurance contracts have what are called “limitations in coverage”. These limitations “limit” the amount the insurance company has to pay for a specific set of goods based on the type of claim. Let’s do Lire la suite…

Is peace of mind worth less than 5% of your trip?

Charles-Antoine Carra Auteur Lareau - Charles-Antoine Carra

Travelers often ignore travel insurance when planning their trips abroad. However, most book their vacations to get away from the hustle and bustle of our daily lives. If something goes wrong on your trip, you want to make sure your needs are taken care of. Here are some tips on buying travel insurance: Get a policy tailored to your needs Travel insurance comes in many shapes and sizes. Ask your broker which option is best. You can choose to get full medical coverage or simple trip cancellation insurance. We spend so much time planning our vacation that if something was to happen, the whole experience would be for naught. Read the fine print When choosing medical coverage abroad, make sure you are aware of all the details. For example, if there is a medical emergency, you want to be taken Lire la suite…

Special offer for Subaru lovers

Charles-Antoine Carra Auteur Lareau - Charles-Antoine Carra

Earlier this month, we rolled out a special offer for members of theMontreal Subaru Club (MSC). While the special deal applies to all club members who own a Subaru, we also offer up to 30% off car insurance premiums when combined with home insurance. We reached out to this community of Subaru connoisseurs because it is an established group that hosts events, produces a magazine and offers a great forum for discussion about Subaru among its members. Because the MSC is also devoted to performance vehicles, we offer an opportunity for club members to reduce their premiums and still be able to responsibly enjoy their Subaru to its full extent. Broker Julien L’Heureux manages this promotion and responds to concerns on the MSC’s website. He also actively participates in the forum, responding to user questions when they arise. Julien knows Lire la suite…

Reduce the risk of having your vehicle stolen

Charles-Antoine Carra Auteur Lareau - Charles-Antoine Carra

As of last March, the information centre of the Service de police de la Ville de Montréal (SPVM) offers its patrol cars direct access to the Sherlock Antitheft Marking database. Thanks to an alphanumeric code engraved on over 50 parts of each vehicle, police can easily trace stolen cars or parts. In 2009, 31 091 cars were stolen in Quebec, an alarming increase. Sherlock Antitheft Marking, recommended by the Automobile Protection Association (APA), reduces your risk of car theft by 30 to 50%*. Furthermore, in Quebec, the majority of insurance companies will charge 10 to 20% less for the theft portion of your car insurance if your vehicle is equipped with SAM. This protection is more than worth it. In four years, the amount you save on your car insurance will come out to more than the cost of the protection. This Lire la suite…

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