COVID-19 Update: All offices visits will now require a scheduled appointment. Please contact us to schedule an appointment.

Dash cams have been around for a while but they’ve only recently gained widespread popularity. They have a solid reputation as a convenient way to record the moments leading up to an accident and video feeds of remarkable events captured by dash cams have been popping up all over the internet. But can they lower your car insurance rates? Keep reading to find out.

How do dash cams work?

Dash cams are mounted to your dashboard and wired into your car’s ignition. They’re set to start recording as soon as you turn on the ignition and stop recording when you turn the car off. The video feed is stored on the camera’s SD card.

With most dash cams, you can either face the camera towards the interior of your vehicle or towards the road, while dual-camera models capture both directions at once.

Pros and cons

Dash cams can be a fun tool to own but there are some pros and cons to having one. Let’s start with the pros.


  • You can use your dash cam to record what’s happening on the road in front of you so you’ll have a video of all of the events leading up to an accident. This can be helpful when trying to prove who’s at fault.
  • You can capture unexpected or unusual events like freak accidents, strange occurrences and rare animal sightings.
  • You can use your dash cam to monitor the driving habits of young drivers that are still learning.
  • Dash cams can make you more conscientious about your own driving because they’re recording everything you do.
  • Some units come with GPS mapping for added security and convenience.


  • The device may be a distraction if you are constantly adjusting the camera angle.
  • They can be expensive to purchase.
  • They work against you if it turns out an accident is your fault.
  • They’re unlikely to save you any money off your monthly car insurance payments.

Dash cams and car insurance

Contrary to popular belief, installing a dash cam in your vehicle will not reduce the amount you pay for insurance in Edmonton. Car insurance rates are based on your age, driving history and a number of other factors.

When it comes to insurance, the main benefit of installing a dash cam is to provide evidence of fault. And having this evidence can make the claims process move a little faster.

For more information about dash cams or how to get the best car insurance rates in Edmonton, contact MBS Insurance Brokers without delay. From homeownerscommercial, or recreational insurance we offer a full range of insurance products to serve you better. Contact us today for a free quote.

How an Insurance Broker Saves You Time and Money

Do you know the benefits of an insurance broker?

Suppose you’re looking for the best insurance coverage at the best rates in Edmonton. In that case, you’ll first want to understand the benefits of an insurance broker and how they can help protect you in all sorts of different situations – whether it be saving you money, time or giving you simple peace of mind.

What Are the Benefits of an Insurance Broker?

Here are some of the many benefits of an insurance broker.


1. Saves Time

An insurance broker does all the work for you, so you don’t have to spend your valuable time shopping around for insurance. Instead, you simply provide your broker with information about your needs, and they shop the markets on your behalf.


2. Saves Money

Insurance brokers work with many different partners to find the best deals on the insurance that works for you. They take all your needs into account and make recommendations that are in your best interest. They have relationships with many insurance partners and can negotiate competitive rates and discounts, saving you money in the long run.

3. Expert Knowledge and Advice

An insurance broker provides you with the support and expertise you need to find coverage that suits your needs. They work with various products and services to find the coverage that best suits you. In addition, they can draw from an extensive knowledge base and experience to advise you on the best options. 

Insurance Brokers provide expert and unbiased advice. A wealth of knowledge about coverage and market rates combined with expert risk assessment ensures your possessions and business are adequately protected. Whether you are looking into auto insurance rates, tenant insurance, or home insurance rates, your insurance broker can help you every step of the way.

You can utilize their expertise to quickly identify your options and rely on their unbiased advice to help you make the best-informed decision for your situation.


4. Working For Your Best Interests

Since insurance brokers do not work with one particular company, they have nothing to gain from recommending a specific product. The insurance company also pays them a standard commission. Thus, there is no financial incentive to choose one insurer over another.

Insurance brokers have your best interests in mind. You can count on them to find you the best rate possible, which can give you the peace of mind you need. You can rest assured knowing that if you ever need to file a claim, one of our brokers will be there by your side to guide you every step of the way. They act as an advisor on insurance-related matters. They will shop the market for the best coverage and rates for you. Since fulfilling your needs is their only priority, they will provide independent, unbiased advice on the right coverage for your situation.

5. Privileged access and rates

Insurance Brokers have access to a wide selection of the best insurance companies in the country. These insurance companies are only accessible by Insurance Brokers. They do not deal with the public directly or with Direct Writers. Brokers enjoy long-standing relationships with these insurance companies. Still, they do not have an affiliation with any specific insurer, enabling brokers to provide you with a broader range of options at competitive rates.


6. Transparency

Insurance brokers must give full disclosure about their compensation and its effect on your insurance premium.  They are also required to declare any financial links with specific companies that may be a conflict of interest, enabling you to make the best-informed decision.


7. Risk and Advocacy Experience

Extensive experience dealing with different clients and claim situations equips insurance brokers with a broader perspective on how to reduce your risk. Also, in the event of a claim, you can count on your broker to act as your advocate with the insurance company and handle your claim fairly and promptly.

Speak to MBS Insurance in Edmonton about your Coverage

Reach out to MBS Insurance today to determine your home, auto, and commercial coverage options. Over the past 45 years, our experienced team of insurance brokers in Edmonton has earned the trust and loyalty of our clients by delivering superior products and services. We understand your needs and provide you with the best protection and rates.

There are many benefits of an insurance broker. We can help you understand the intricacies of your insurance plan while saving you money at the same time. We are a trusted insurance provider in Edmonton and provide personal and commercial insurance policies to people living in Alberta. We offer the best rates on recreational, auto, property, commercial, and group insurance policies. 

Contact us online for a free quote or by phone at 780-436-7880.

Enjoyed this article? Here are three more!



This article was originally published on October 7, 2016, and updated for 2021.