There are number of factors that impact your life insurance costs. The average Canadian spends close to $58 per month (approx. $700 annually) on e.g. Term Life insurance, which is a significant cost block. This article lays out the main approaches that can be taken to lower your life insurance costs. There are many explanations […]
3 Various Scenarios for Organized Auto Insurance Fraud Many Canadians are not even aware that there are many ways that you can become a victim of organized insurance fraud. It can result in huge insurance claim costs paid by your insurer and consequently, your premiums going up. Or, it could be even worse – you could […]
There are countless articles about Life insurance but most are too general and few provide insight into the hard numbers. To address this, we spoke with certified Life Insurance agent, Zael Miransky from Investors Group who shared with InsurEye his insider knowledge on the main factors impacting Life Insurance policy. Zael explained how 8 key […]
Reading Insurance Consumer Reviews will help you to make well informed decision regarding Auto, Home or Life Insurance. Consumers Use Online Reviews for Everything but Insurance Today’s smart consumers use online reviews for almost everything: travel, books, computers, restaurants, household items, and more. 84% of consumers consult online reviews or ratings before making a purchase. […]
There are many aspects that impact your auto insurance rates, and age is one of them. Common sense dictates that young, less experienced drivers tend to have more accidents and pay more in insurance premiums. But just how much more? We dug deeper into this matter and found that, on average, auto insurance costs decrease […]
Did you like this infographic? Join InsurEye Newsletter now to start getting all our insightful visuals and personal fianance / insurance tips! These are some scary numbers: 15% of Canadians do not purchase Travel Medical Insurance while travelling to the South and only 39% get it when going to States! Medical treatment abroad can be […]
Insurance is an essential part of life since it protects our main assets: cars, dwellings, life etc. But how do consumers feel about insurance? What do consumers like and dislike about their insurance providers? How do insurance companies measure up when it comes to service, value, and claims experience? We recently completed an analysis digging […]
For most Canadians, their home is their biggest property asset and it clearly needs to be protected through insurance. But are Canadians happy with their home insurance? Canadian company InsurEye Inc. has analyzed customer satisfaction with home insurance across the country and answered the question: “How do Canadians feel about home insurance across Canada?” The […]
In a recent insurance spending study based on Canadian consumer experience, InsurEye found that an average Canadian consumer spends $3,100 annually on insurance (it includes three major insurance types such a Home, Auto and Life insurance but does not include other smaller insurance policies such as e.g. insurance for funeral expenses). This amount is approximately […]
Independent Canadian company InsurEye conducted a regular consumer satisfaction analysis of life insurance companies (Lifecos) based on independent consumer reviews from InsurEye’s Customer Experience tool. Consumer insurance reviews cover many insurers and their products across the country. Life insurance companies are rated using two main criteria: Customer Experience and Value for Money. Consumer comments provide […]
