Insurance-Paid Upgrade Report

Finder: Insurance-paid upgrade report

Originally published: Finder, 25 February 2020

Insurance can be a fantastic product when you need it but all too often you’re left wondering what you paid for when another uneventful year rolls by. Paying a premium when you doubt you’ll ever make a claim can feel like throwing money down the drain. “Why am I spending all this money and getting nothing in return?” you may think to yourself looking at your car as its value continues to depreciate. “If only something would happen to that beater so I could get a new one …”

Sound familiar? You’re not alone. Two in five Canadians (43%) secretly hope something will go awry so they can claim it on insurance, according to the latest survey of 1,200 Canadians from Finder.

The survey of 1,200 Canadians was undertaken by Pureprofile in February 2020. Respondents were weighted to be nationally representative by gender, age and location.

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