OTC Insurance, an auto insurance broker located in the Halifax and Dartmouth area tells you about some of the changes to the Nova Scotia auto insurance system and what it will mean for drivers.  Change is coming to the Nova Scotia auto insurance system as the result of recommendations that came from an independent auto insurance review conducted by [...]

After heavy rains in the Ottawa-Gatineau area, the Insurance Bureau of Canada has advised people affected by the rainfall to check their policies to see if they are covered for the property damage caused by sewer backup and water seepage. Between June 23 and 24, 50 mm of rainfall was recorded over Gatineau, while Ottawa [...]

The Canadian Council of Insurance Regulators (CCIR), an inter-jurisdictional forum of provincial, territorial and national insurance regulators has been looking at the use of credit-based insurance scores. A credit-based insurance score is different from your traditional (financial) credit score. Both are derived using the information found in a credit report, but they have different mathematical [...]

Auto theft is up in Halifax this year. It’s something we’ve noticed at the OTC office and it’s backed up by police statistics. For the month of May, two cases of stolen vehicles were reported to our office. In one case, the vehicle was returned to a rental lot in Burnside and in the other case, [...]

The provincial government announced last week that its review of the province’s auto insurance system is officially underway. “The review will assess whether this framework continues to provide Nova Scotians with access to appropriate automobile insurance coverage, at rates that are affordable and stable, while providing benefits that are fair to accidents victims,” says information [...]