New year, new policy: 3 ways to clean up your auto insurance before it renews

Surety bonds are a financial tool that can benefit businesses in various industries. These bonds guarantee the recipient that a business will fulfill its contractual obligations.

Auto theft is a growing problem in Canada, with more than a 300% increase over the past five years. As a result, insurance companies estimate $1 billion in losses to car thieves, according to the Insurance Bureau of Canada (IBC). To combat rising theft rates, insurance companies are looking for innovative solutions to reduce the number of stolen vehicles and improve the chances of recovering them. One solution is to install anti-theft tracking devices in cars.