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Forecast automobile insurance 2020

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Insurance company continue to increase rates applicable to automobiles insurance in Quebec. This measure is part of their approach to improve profitability due to an increase of the average accident in recent years.

AVIVA Canada has announced that their new rates will take effect on April 1, 2020 for new business and May 15, 2020 for renewals. They will apply to policies underwritten by Aviva Insurance Company of Canada (Aviva) and by Insurance Company Traders General (Traders).

This year car insurance will increase on average by 8%.

You will also notice changes in the decreasing deductible. Currently this is granted on the number of consecutive years without claim. From now on, the number of years with a driving license will also be taken into account. Therefore a young driver with a driver’s license for less than five years will be entitled to less significant discounts than an experienced driver

ASCO Insurance is one of the most important firm in the field of damage insurance brokerage in Quebec. Founded in 2007 with the vision of offering incomparable service and products specific to our client’s needs. Our clientele consists mainly of Quebec business people who recognize the added value we bring. Our clients also recognize the importance of being well surrounded to make better decisions and they want to do business with ASCO Insurance!

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