Google is changing how it will disclose whether or not your car will qualify for auto insurance in Canada.
In a blog post, the search giant says that it will start using a new, “more accurate and up-to-date” metric to gauge how much coverage your car might qualify for.
The metric will include the cost of repairs, coverage and deductibles, along with any other data the company can collect.
Google says that its algorithm will be updated regularly, with more data available for the first time in 2018.
Google will also make the metric available in the Google Finance platform, Google Finance, and will include it in the upcoming AutoCare.ca survey.
“The goal is to be as accurate as possible and to provide consumers with as much information as possible about the coverage available in their province,” said Paul Devenish, VP of business development at Google.
“By adding this new data to the existing tool, we will help consumers compare and choose the best coverage available for their vehicles.”
Google says it has made changes to how it calculates insurance costs to make the information more accessible.
The company says that in the past, the cost calculation has included only the amount of deductible, which is not always accurate and can mislead consumers into thinking that a covered vehicle has more than the actual amount of coverage.
Google’s new tool will now include a more complete picture of how much insurance your car may qualify for, including deductibles and other cost factors.
The new tool also includes a new “purchase history” feature, which will allow consumers to see how much money they will have to pay to replace their vehicle if it is lost, stolen or damaged.
Google also says that the new tool “will allow users to see whether they can qualify for more comprehensive coverage.”
Google has been a leader in expanding its auto insurance offerings in Canada and other countries, with the company selling more than half of its auto coverage in the country in the first half of 2018.