A new car, whether right off the assembly line or just new to you, can be one of the biggest investments you will make. So, of course, you’ll do all the research you can to find the best car with the options you require for your budget.
But don’t forget to factor insurance into the equation to ensure you make a sound financial decision. Your insurance rates are determined, in part, by the type of car you drive. Generally, the harder your car is to steal and the less expensive it is to repair, the less you will pay for insurance.
Buyer Beware: Beware of buying flood damaged vehicles
As Alberta recovers from extreme flooding, Insurance Bureau of Canada (IBC) warns Canadians to avoid unknowingly purchasing storm-damaged vehicles.
Download our full tip sheet (PDF) which contains tips on how to avoid getting stuck with a flood car.
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