Frequently Asked Questions

Are there different payment options available to me?

Yes, in fact, there are several methods available for your convenience:

• You may pay the full premium to your broker, or to Westminster Mutual if the policy is written through Paul Montgomery, Mark Cooper or Tim Wade
• The monthly payment plan spreads the annual premium over 12 months, adding a 3% service charge. Withdrawls are made monthly from your bank account with a void cheque and authorization form required. The first policy term requires a down payment of 2 months premium, with the remaining payments spread over 10 months.
• 3-Pay Plan is the annual premium split into 3 equal payments withdrawn automatically from your bank account for the first 3 months of the policy. The first payment is withdrawn on the due date of the policy with the next two payments withdrawn the following two months, with no service charges applied!
• Clients whose premium is billed directly from Westminster (clients of Paul Montgomery, Mark Cooper or Tim Wade) can now pay by telephone or internet banking! When setting up your Westminster account you’ll need your 5-digit holder number, which can be found on your invoice in the top right hand corner, third line down (begins with either a "0" or "1".

Why are my rates going up?

The amount you pay for insurance is directly tied to the following factors:
Number of car collisions, resulting repair costs, as well as the number and cost of medical and rehabilitation claims made by injured persons. Even the amount of fraud experienced by your insurance company plays a part.

Is there anything I can do to help control premiums?

While Westminster is committed to keeping insurance affordable, there are some steps you can take to help. Talk to your agent or broker about:

• Raising your deductible
• Dropping collision coverage on an older car
• Ask your broker or agent about package deals or discounts that may be available for insuring your automobile and home, or more than one vehicle with the same company. Loyalty pays!
• See if you qualify for a discount for the installation of an anti-theft system

What is Insurance Fraud?

Insurance fraud is everything from the obviously criminal completely false insurance claim , covering the range of organized criminal rings to the everyday person who claims to have suffered a break-in. And it doesn't have to be a big lie to be fraud; lying about the old radio that was stolen and saying it was an expensive CD player instead is fraud. So is lying on your insurance application by informing your insurance representative that you don't use your car for work when you actually do. It's still fraud.