Ontario drivers are wasting millions of dollars each year by automatically renewing insurance policies. People who wouldn’t dream of renewing a mortgage without comparing interest rates, are automatically renewing their auto insurance each year.
Toronto, Ontario (PRWEB) September 26, 2011
With the arrival of autumn and the changing of leaves, TopQuote.ca is launching its Second Opinion Program to help Ontario drivers ‘fall’ into a little extra money this season. TopQuote.ca, an online car insurance rate comparison service, and its Second Opinion Program is designed to reach out to drivers who may be overpaying for their car insurance by automatically renewing each year.
Each year, thousands of Ontario drivers assume they are receiving a competitive car insurance rate from their current insurance provider, and automatically renew their policy. But with frequent changes to insurer pricing, and particularly with the significant changes brought about by Ontario auto reform in 2010, many drivers have policies that do not represent the best value. By switching auto insurance providers, many drivers are able to save hundreds of dollars annually.
“Ontario drivers are wasting millions of dollars each year by automatically renewing insurance policies. People who wouldn’t dream of renewing a mortgage without comparing interest rates, are renewing their auto insurance each year without checking to see if they are getting a competitive rate by receiving auto insurance quotes” said Malcolm Went, Vice President at TopQuote.ca. “We are reaching out to drivers who think it is cumbersome and time-consuming to compare car insurance rates from different providers – we want to show them there is a better way.”
With TopQuote.ca’s Second Opinion Program, when a driver receives their car insurance renewal notice, typically within 2 months of their policy renewal, they can go to TopQuote.ca and complete a free, five-minute online form. Based on the form, TopQuote.ca checks if any auto insurance brokers or agents in their network, who represent leading insurers in Ontario, can offer a better rate. Since drivers can potentially save hundreds of dollars a year by finding a less expensive insurer, it’s worth the small time investment.
"Having spoken with thousands of Ontario drivers, it is clear that many of them are unhappy with the regular increases to their insurance premiums, and don’t feel they are being rewarded for a safe driving history," said Malcolm Went. "Most of these people would switch providers if they knew how much they could save, but contacting different insurers and filling out the different forms is cumbersome and takes a lot of time. TopQuote.ca allows drivers to complete one easy online form, and then compares the rates from our network who represent Ontario’s leading insurance providers, and helps them lock in the savings without spending the extra time.”
TopQuote.ca is an online service that provides a free, fast, and easy online platform that helps consumers save money on car insurance. By completing an easy five-minute online form, users can sit back while auto insurance brokers and agents compete for their business and are provided with the most competitive auto insurance quotes in Ontario. Save time, save money, and be confident you are getting the best rate for your auto insurance coverage. For more information, please visit http://www.topquote.ca.