If you have to renew your car insurance any time soon, prepare for a possible rate increase on your renewal notice. "I really don't know if many insurance companies right now are going to be able to keep their car insurance rates flat." Pandemic driving slowdown overOver the last two-and-a-half years, car insurance companies processed fewer claims compared to the pre-pandemic period. Ways to reduce your ratesExperts say there are a number of things you can do to ease the pain of rising insurance rates. Unlike other provinces across Canada that have a single, public insurer, Ontario has dozens of companies that offer car insurance.

Source: CBC News October 29, 2022 11:28 UTC