#insurancecosts

MalayalisNearMe Official

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๐Ÿ‘‰Auto insurers in Canada are compelling drivers to either install expensive anti-theft devices or face higher insurance premiums due to the surge in vehicle thefts. Kimberley Ashick from North Algona Wilberforce experienced this firsthand after buying a 2022 Dodge Ram 1500. She received a notice to install an immobilizer or pay an additional $1,500 in premiums. Previously, her insurance for a 2015 Toyota RAV-4 was $540 annually, but now her premium has more than doubled to over $1,100 after installing the $700 device. CAA Insurance stated that high-risk vehicles now incur a High Theft Risk Premium Surcharge.โœ… . ๐’๐ž๐œ๐ฎ๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐๐ž๐ž๐ง๐š ๐•๐š๐ซ๐ ๐ก๐ž๐ฌ๐ž, ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ'๐ฌ ๐ฆ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐ž๐ฑ๐ฉ๐ž๐ซ๐ญ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ’๐Ÿ‘๐Ÿ•) ๐Ÿ—๐Ÿ–๐Ÿ-๐ŸŽ๐Ÿ–๐ŸŽ๐Ÿ’ @neena.robin . . #AutoInsurance #VehicleTheft #InsurancePremiums #AntiTheftMeasures #CanadaInsurance #DodgeRam1500 #InsuranceCosts #mnm #malayalisnearmeapp #canadaupdate #canadanews

138 Views

5 months ago

MalayalisNearMe Official

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๐Ÿ‘‰The Canadian government is launching a "national action plan" to tackle auto thefts, featuring tougher penalties for thieves and enhanced information sharing among law enforcement, officials, and border control. Cabinet members revealed the plan in Brampton, Ontario, emphasizing the urgency amid soaring theft rates. Recent data from the Insurance Bureau of Canada indicates a worsening crisis, with 2023's insurance claims for stolen vehicles reaching a record $1.5 billion, marking the second consecutive year exceeding $1 billion. Previously, annual theft claim costs averaged $556 million between 2018 and 2021.โœ… . ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐ž- ๐€๐ญ ๐š ๐ญ๐ข๐ฆ๐ž ๐š๐ง๐ ๐ฉ๐ฅ๐š๐œ๐ž ๐œ๐จ๐ง๐ฏ๐ž๐ง๐ข๐ž๐ง๐ญ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ! ๐‰๐จ๐ฆ ๐Œ๐š๐ญ๐ญ๐š๐ฆ ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐จ๐ซ +๐Ÿ ๐Ÿ”๐Ÿ’๐Ÿ• ๐Ÿ—๐Ÿ๐ŸŽ ๐Ÿ”๐Ÿ“๐Ÿ‘๐ŸŽ ๐ฃ๐จ๐ฆ.๐ฆ๐š๐ญ๐ญ๐š๐ฆ@๐œ๐ข๐›๐œ.๐œ๐จ๐ฆ @jom_mattam . . #AutoTheft #CrimePrevention #NationalActionPlan #LawEnforcement #InsuranceCosts #GovernmentInitiative #BorderControl #mnm #malayalisnearmeapp #canadaupdate #canadanews

68 Views

6 months ago

MalayalisNearMe Official

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๐Ÿ‘‰Canadian auto insurers are increasingly requiring certain policyholders to install anti-theft tracking devices, with varying approaches to covering expenses. While some insurers foot the bill for system installation, others pass the cost onto drivers, sparking concerns and debates. A surge in auto thefts prompts these measures, and insurance companies, like Belairdirect, are opting for a targeted strategy, advising owners of high-risk vehicles to install the TAG system at their expense. Critics argue for insurers to bear the cost, highlighting the financial burden on drivers and potential complications for leased vehicles.โœ… . ๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ก๐จ๐ฆ๐ž ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ ๐ž๐Ÿ๐Ÿ๐จ๐ซ๐ญ๐ฅ๐ž๐ฌ๐ฌ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐Š๐š๐ฆ๐š๐ฅ, ๐ฒ๐จ๐ฎ๐ซ ๐๐ž๐๐ข๐œ๐š๐ญ๐ž๐ ๐†๐“๐€ ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ”๐Ÿ•๐Ÿ‘-๐Ÿ‘๐Ÿ“๐Ÿ๐Ÿ” ๐„๐ฆ๐š๐ข๐ฅ: ๐ค๐š๐ฆ๐š๐ฅ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @kamalpillai_realtor . . #AutoInsurance #TrackingDevices #CarTheftPrevention #InsuranceCosts #OntarioDrivers #TAGAntiTheft #FinancialConcerns #mnm #malayalisnearmeapp #canadaupdate #canadanews

93 Views

8 months ago

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