car insurance Archives - Lareau Blog

car insurance

Registering your new “right-hand drive” vehicle: impossible in Quebec!

Clifford St-Rémy Auteur Lareau - Clifford St-Rémy

In my last blog, I explained why it’s so difficult to insure a “right-had drive” vehicle, commonly called RHD (Right Hand Drive). However, did you know that since 2009, registering new RHD vehicles is forbidden in Quebec? Don’t worry! New cars of this type can’t be imported but those that are already on the Quebec territory can continue to circulate, except under certain conditions. Following this interdiction, RHD vehicles that can already be found in Quebec and that have been well maintained have increased in value and have somewhat become collectibles. It is therefore strongly recommended that these cars be evaluated for its value, which will allow the client and the insurer to agree on the maximum price to be paid in the event of a loss. Here are the right-hand drive vehicles that are allowed to circulate in Quebec: Lire la suite…

Right-hand drive vehicles: are you having trouble finding an insurer?

Clifford St-Rémy Auteur Lareau - Clifford St-Rémy

Nissan Skyline, Toyota Supra, Mazda RX7… You’ve been shopping for this new ride for a few months already, you meticulously go over the classifieds searching for the real gem, you’ve already even found the space to store it this winter. You’re ready! So, you decide to call your insurer but, to your great surprise, he tells you that this type of vehicle can’t be insured. You ask yourself this question — but why? Why do most insurance companies not offer insurance for this type of vehicle? To understand the full picture, let’s start by explaining the basics. First of all, what is a Mazda RX7? A right-hand drive vehicle or RHD (Right Hand Drive) is a car that was imported from another country, most often from a country colonized by the British who, like approximately a quarter of the world’s Lire la suite…

The list of most stolen cars

Vanessa Fortin Auteur Lareau - Vanessa Fortin

This summer’s gloomy weather has indeed ruined the vacation of many Quebecers. In fact, the American tourism industry has seen a noticeable increase in the number of Quebecers who have chosen Maine and New Jersey as vacation destinations this summer, and this is despite the low Canadian dollar, the election of Donald Trump and the festivities surrounding the 375th anniversary of Montreal and the 150th anniversary of Canada. Are you part of those vacationers who will be leaving towards American soil? If so, you would be interested in the National Insurance Crime Bureau (NICB) that has just been released. As every year, the NICB compiles a list of the top 10 most stolen cars in the United States. For the record, this list does not change much from one year to the next and the same most stolen cars reappear. Lire la suite…

Repairing or replacing a windshield. What to do?

Clifford St-Rémy Auteur Lareau - Clifford St-Rémy

The windshield is an important element of your vehicle: it fits into its structure, as much as the roof and doors. The windshield prevents the roof from caving if you roll over, allows the airbags to deploy in the right direction to protect the passengers and stops you from being thrown out of your car if a serious crash occurs. A tiny chip in your windshield can seem meaningless but think again. The question you have to ask yourself is whether to fix it or replace it. Repairing your windshield Your windshield that needs to repaired because of a star break or a chip is covered by your insurance company — without you having to pay a single penny — if you are protected by Chapter B3 (Comprehensive coverage), commonly referred to as “fire, theft, vandalism”. On top of being Lire la suite…

Am I properly insured when I drive my old classic Camaro?

Linda Pilotte Auteur Lareau - Linda Pilotte

It all started in Ontario in 1970. A man entered a dealership to buy the latest model of the Chevrolet Camaro and travelled the roads of Quebec in it. He even drove it as far as Napierville where he raced on the legendary Napierville Dragway. It was only 25 years later that I laid eyes on that Camaro for the very first time. She was for sale right, around the corner from where I lived, in a state that was a far cry from the one that had won over the original owner. My husband has always had a passion for old cars and we wanted to pass this passion on, from one generation to the next, to our then 15-year-old son. For this reason, we had decided to purchase this vintage car with the intention of returning it to Lire la suite…

Interesting facts about lending/borrowing a car

Derek Campeau-Schmidt Auteur Lareau - Derek Campeau-Schmidt

Nearly everyone has a driver’s licence, for which we pay the SAAQ each year. For those who have a car, they also pay the SAAQ for the plates, and they pay for car insurance. What is the SAAQ’s role? Does my car insurance meet my needs? These are the questions that I will be addressing today. The SAAQ Its role may not be well known, but the SAAQ takes good care of Quebecers. Founded by Lise Payette in 1978, Quebec’s public automobile insurance plan (Régime d’assurance automobile du Québec) is unique. It compensates victims of motor vehicle accidents and determines insurance contributions. The SAAQ also promotes road safety through awareness-raising initiatives aimed at improving road safety, and is responsible for monitoring and controlling road transport by implementing the Highway Safety Code. The SAAQ will compensate you should you suffer bodily Lire la suite…

My condo, my own insurance or the syndicate’s?

Gabrielle Côté Auteur Lareau - Gabrielle Côté

  An increasing number of condominiums are being built both in major urban centres and small municipalities. Cities and towns see this as a way to increase population density, and buyers see it as a way of becoming a property owner while investing in real estate. At the same time, buying a condominium may lead to confusion when it comes to responsibilities and loss settlements resulting from damage to the building and your unit. Common and private portions First of all, it is important to distinguish common portions from private portions. In short, private portions are the areas of the building and land owned and used exclusively by the co-owner. For example: your unit, bedroom, bathroom, etc. The Insurance Bureau of Canada (IBC) has created a very practical lexicon to help you demystify condominiums and relevant terms. Who pays what? Lire la suite…

Replacement value, the dealer’s offer or an equivalent offer from my broker?

Charles-Antoine Carra Auteur Lareau - Charles-Antoine Carra

Allow me to set the scene. You walk into your dealership and you make a fabulous purchase. When it comes time to leave the dealership, you enter the Financial Services Manager’s office to deal with some paperwork before you go. That’s when you find out that your expenses are far from over. According to them, you need an extended warranty, a tire warranty, rustproofing, stain protection, an anti-theft device, and a QPF5: replacement insurance commonly known as the dealer’s replacement value. It’s a good product, of course. For a few dozen dollars a month, it guarantees you a new vehicle in the event of total loss of your vehicle. It’s almost silly not to take it. If you say no, it sometimes gives you the impression that you’re upsetting the director of financial services. I’m exaggerating? Not really, as directors Lire la suite…