Most car insurance renewals occur as the weather warms

TORONTO, March 30, 2011 - Spring is in the air and with warmer temperatures and melting snow comes the official kick off to auto insurance season in Canada says car insurance comparison website Kanetix.ca.

In Ready? Set. Go! It's car buying season Kanetix.careveals that Canadian auto insurance renewals closely mirror Canada's car buying season. In 2010, 28% of car insurance quotes through Kanetix.cawere for shoppers who indicated their policy renewed in the spring months of March, April and May. This is in contrast to only 20% in the cold winter months. Spring is not the high season however; as the weather gets even warmer and the summer months approach, the trend increases to 29.3%.

As auto insurance rates change from year-to-year, Kanetix.ca reminds drivers to shop around for the best auto insurance rate and coverage to suit their needs. Insurance companies are not all the same, they offer a variety of coverage options, rewards (where available) and payment plans.

About Kanetix®

Launched in October 1999, Kanetix was Canada's first online insurance marketplace. The Kanetix marketplace has since grown to include not only online insurance comparisons, but also mortgage rates and credit cards making it Canada's leading national, online insurance, mortgage and credit card comparison service.

The Kanetix comparison shopping service brings together insurance, mortgage and credit card providers in a one-stop shopping environment for consumers looking to save money. Each day, thousands of consumers visit the Kanetix website at www.kanetix.ca to compare insurance and mortgage quotes as well as credit cards from a variety of Canadian financial product suppliers. Users select the product of their choice, obtain a quotation and complete an online application or, with the help of Kanetix, connect with the provider to purchase or apply for the product over the phone.

For more information, visit Kanetix.ca or contact:

Kanetix Ltd.
publicrelations@kanetix.ca.

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