10 03, 2021

Police warn of spike in catalytic converter thefts thanks to valuable metals

March 10th, 2021|News|

TORONTO -- If your car has been sitting stationary during the pandemic, you might want to start checking on it, as thefts of catalytic converters are on the rise across Canada. Part of the vehicle’s exhaust system, the catalytic converter helps to reduce emissions and reduce the noise the car produces, but for thieves, the [...]

15 02, 2021

Alberta car accidents down 28 per cent in 2020, results in big savings for car insurance industry

February 15th, 2021|News|

Albertans' car accident rates are falling. Red Deer drivers saved a lot on car insurance claims in 2020. According to Hellosafe.ca, a comparison platform for insurance, there was an estimated 31 per cent decrease in car claims in Red Deer last year. The company estimates that savings on payouts by the car insurance industry in [...]

14 01, 2021

NDP says numbers show auto insurance firms not struggling in Alberta, asks UCP to reinstate cap on premium hikes

January 14th, 2021|News|

Alberta’s NDP renewed its call to reinstate a cap on auto insurance premium hikes on Wednesday, citing new numbers they say show the industry is not struggling in the province. The latest version of an annual report that takes a broad look at Alberta’s insurance industry shows auto insurance companies collected a little over $5.428 billion [...]

10 12, 2020

Insurance companies to save hundreds of millions as pandemic keeps drivers home, study suggests

December 10th, 2020|News|

Auto insurers in Alberta could save as much as $745 million in claims in 2020, according to a new report by an insurance watchdog.The study from Hellosafe.ca estimated car claims in Alberta dropped by 32 per cent during 2020 as the COVID-19 pandemic kept many drivers off the road. According to the Insurance Bureau of Canada, full [...]

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