In celebration of Financial Literacy Month this November, the Insurance Bureau of Canada (IBC) shared 10 helpful tips for auto, home, and business insurance customers to save on their coverage costs.
"Insurance, like many other consumer purchases, can be expensive," said IBC media relations manager Vanessa Barrasa. "But by taking a few proactive steps, you can help take control of your premiums. IBC offers 10 tips consumers can follow to help lower their rates.”
The 10 tips suggested by IBC are:
“Learning about your insurance policies, coverage and limits should happen before any potential disaster strikes,” the IBC said in its release.
Barrasa encouraged customers who still have questions about their insurance to either speak with their respective insurance representative or directly contact the IBC.