Read the full story and comment on Tbnewswatch.com
THUNDER BAY — Many drivers can expect to experience sticker shock when their car insurance policies come up for renewal this year.
In interviews with TBnewswatch, Schmuel and a spokesperson for the Insurance Bureau of Canada cited multiple reasons for the rise in premiums. This may come as a surprise to many drivers, as during the COVID-19 pandemic over the past three years, insurers were offering rebates or discounts on existing premiums because people weren't driving as much and the frequency of collisions declined.
Anne Marie Thomas, director of consumer and commercial relations with the Insurance Bureau of Canada, said supply chain issues and labour shortages are contributing factors.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Three people from Toronto and Montreal areas charged with drug traffickingRead the full story and comment on Tbnewswatch.com
Read more »
‘We don’t have a breaking point, we can’t,’ says TBPS homicide investigator‘We don’t have a breaking point, we can’t’ says TBPS homicide investigator
Read more »
Police use drone to nab drivers using cell phonesRead the full story and comment on Tbnewswatch.com
Read more »
Apartment rental rates increased as availability tightened in Thunder BayRead the full story and comment on Tbnewswatch.com
Read more »
Hikers can look forward to new trail network in Thunder Bay regionRead the full story and comment on Tbnewswatch.com
Read more »