Servo Blog

  How do speeding tickets affect insurance rates? Speeding tickets are one of the most commonly received traffic convictions and odds are you will at some point in your life receive at least one speeding ticket. So how does this affect your car insurance rates? In this blog, we will detail some important facts to understand…

Tool & Die Insurance Tool & Die Insurance coverages for various machine shop operations can appear to be complicated however they do not need to be when you have an experienced insurance broker on your side. What makes this kind of commercial insurance unique is that each Tool and Die business will require coverages &…

Will this ticket impact my insurance rate? The answer to this question can vary, typically the answer is most commonly YES, new convictions/tickets will have an impact on your car insurance rates in Ontario.  You will typically only see your rates increase on renewal, as the insurance company will then run new reports and update…

How does a DUI Conviction impact your auto insurance rates? It’s not only ‘bad drivers’ who get hit with criminal convictions such as a DUI or an Impaired Driving charge. A DUI can happen to anyone; the charge relates to both alcohol and/or drug influence and the effect on your insurance will depend on your…

Careless Driving Careless driving in Ontario is typically rated by most auto insurance companies as a Serious/Criminal conviction which likely means you will only qualify for a high risk auto insurance policy once this charge appears on your driving record with the MTO. What is Careless Driving? According to Section 130 of the Highway Traffic…

Farm Insurance – Hobby vs. Commercial   When considering farm insurance there are three criteria which help decide if your farm is considered a Hobby or Commercial Farm. An insurance broker needs to know the following details in order to provide the right insurance: The size, or acreage, of the land How much income, if any, the farm generates…