Canada EastManitoba, Ontario, Quebec, New Brunswick, PEI, Nova Scotia, Newfoundland
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no i heard its gonna be a triple increase haha..thats crazy.. 6000 X 3 = 18,000 lolz
foooking ppl are nuts.. i hope it doesnt come to that or ill be taking the TTC then
insurance rates can go up or down depending on the insurer - its not a set 50% or 300% across the board - it all depends on your insurer and the type of risk you are - you may not get hit at all or you may get hit big time, depending on the risk and the class you fall in - You may see rates begining to be capped by the government as they are starting to get out of control (anyone remember Bob Rae and the NDP)
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[hr]Originally posted by: dm1preppy
insurance rates can go up or down depending on the insurer - its not a set 50% or 300% across the board - it all depends on your insurer and the type of risk you are - you may not get hit at all or you may get hit big time, depending on the risk and the class you fall in - You may see rates begining to be capped by the government as they are starting to get out of control (anyone remember Bob Rae and the NDP)[hr]
well. the corolla is under my dad and mom. no accidents, no parking tickets for 30 years, with a 9 star rating.
From 600 to 1800.
I don't think they fit into the high risk category and they've gotten that price already.
???? so i'm basically confused already.. I guess everyone post some of their quotes when they get! =)
i jsut got my G license so i thought my insurance would go down.....im kind of getting of easy right now....im only paying 162 right now a month....but i still cant afford for it to go up!!
YA.. girls get unfair rates!.. .. very low compared to guys.
There are talk about how women don't get the same EQUAL treatment as men do. wage, benefits etc. Well, i don't see them complaining about their LOW insurance rate!
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[hr]Originally posted by: dm1preppy
insurance rates can go up or down depending on the insurer - its not a set 50% or 300% across the board - it all depends on your insurer and the type of risk you are - you may not get hit at all or you may get hit big time, depending on the risk and the class you fall in - You may see rates begining to be capped by the government as they are starting to get out of control (anyone remember Bob Rae and the NDP)[hr]
well. the corolla is under my dad and mom. no accidents, no parking tickets for 30 years, with a 9 star rating.
From 600 to 1800.
I don't think they fit into the high risk category and they've gotten that price already.
???? so i'm basically confused already.. I guess everyone post some of their quotes when they get! =)[hr]
9 star ??? the highest you can have for a driver is 6 - and I can only comment on my company not another - who are they insured with?
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[hr]Originally posted by: dm1preppy
insurance rates can go up or down depending on the insurer - its not a set 50% or 300% across the board - it all depends on your insurer and the type of risk you are - you may not get hit at all or you may get hit big time, depending on the risk and the class you fall in - You may see rates begining to be capped by the government as they are starting to get out of control (anyone remember Bob Rae and the NDP)[hr]
well. the corolla is under my dad and mom. no accidents, no parking tickets for 30 years, with a 9 star rating.
From 600 to 1800.
I don't think they fit into the high risk category and they've gotten that price already.
???? so i'm basically confused already.. I guess everyone post some of their quotes when they get! =)[hr]
9 star ??? the highest you can have for a driver is 6 - and I can only comment on my company not another - who are they insured with?[hr]
That's what i thought, highest is 6. but i'm just counting the dots on the form they gave us. maybe it's 6...
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[hr]Originally posted by: Chigga
i got a clean record and im 21 paying my insurance ON MY OWN
129/month
which isnt bad! for a 2002[hr]
i have full license, clean record and WITH MY mom, i'm paying 3300 for the 2002.
HOw are u paying half of mine? what insurance company???? but i won't be surpriesd if they adjusted that andsent you a bill for 7000. that's my quote for the civic alone.
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[hr]Originally posted by: Chigga
i got a clean record and im 21 paying my insurance ON MY OWN
129/month
which isnt bad! for a 2002[hr]
i have full license, clean record and WITH MY mom, i'm paying 3300 for the 2002.
HOw are u paying half of mine? what insurance company???? but i won't be surpriesd if they adjusted that andsent you a bill for 7000. that's my quote for the civic alone.[hr]
7000 with u second driver with ur mom? with these rates i'd take a take a taxi around and still come out on top. what do u plan on doing with a 7000 premium? i had a post up on insurance not too long ago. search yellow pages and call everyone of them. i'm half way through, prices vary so much, even with the same insurance company with different broker. one offers me 4500, 2 cars, 3 ppl. another same broker, same company...7000. so do a search. lemme know what prices and where u got so i can give them a ring.
Shop around for insureance dude!!!!! Hold no loyalties to insurance companies.. I pay $142/month for full coverage, $100 deductible on a 2001 Sedan with my address listed as Montreal. My insurance just went down $200 year so my payments are gonna be lower [IMG]i/expressions/face-icon-small-smile.gif[/IMG]. I got quoted as high as $4800/year ..average was about $3200... La Capitale $1689...now after 1 year with them $1452/year I'm 21 no accidents..1 big ticket 4 years ago
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[hr]Originally posted by: mohawkboom
Shop around for insureance dude!!!!! Hold no loyalties to insurance companies.. I pay $142/month for full coverage, $100 deductible on a 2001 Sedan with my address listed as Montreal. My insurance just went down $200 year so my payments are gonna be lower [IMG]i/expressions/face-icon-small-smile.gif[/IMG]. I got quoted as high as $4800/year ..average was about $3200... La Capitale $1689...now after 1 year with them $1452/year I'm 21 no accidents..1 big ticket 4 years ago[hr]
Good advice accept that you get discounts (like up to 40% off) if you stay with insurers for a length of time and begin to have a history with them - even more if you have more than one vehicle, or if you have home insurance with them as well - you need to shop around but once your with a company don't making cancelling your insurace a yearly habit because the mor einsurers your with the least likely your going to get a deal at your next company
today i just got a call from my insurance company.
FAWK im pissed too.
they said if i am modified ... (if i want that shiet. insured its like 5000 more so it will be 2000 for what im paying now and plus the 5 grand.)
they also said they wont insure it too. haha oh well. nothing can come out that.
any of u guys get any calls from the insurance company on this?
im with all state by the way!
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[hr]Originally posted by: scsGrumPyDriveR
7000 ALONE, that'swhat they quoted me............. and 3300 . around dere. with my mom.
and then 1800 for the old car. with my dad and mom on it.
Before i was with a small insurance company and then ING insurance took over it. Happened to us like 4 times...
I am calling a couple of places now, so i'll get back to everyone =)[hr]
THERES THE PROBLEM!!! When ING took over Zurich (which was a good insurence comapny...) ING fawked our insurence onver.. with stupid bullshit excuses like terrioist protection and blah blah blah... it's true.. it was typed onto one of the renewal paper.. i showed it to mah friends and we all had a laugh!!![IMG]i/expressions/laugh2.gif[/IMG] So my family decided to find another company cause ING was gonna mess things up for us when they took over... they are screwing my friend now.. but he screwing them back...LMAO[IMG]i/expressions/laugh2.gif[/IMG]
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[hr]Originally posted by: scsGrumPyDriveR
7000 ALONE, that'swhat they quoted me............. and 3300 . around dere. with my mom.
and then 1800 for the old car. with my dad and mom on it.
Before i was with a small insurance company and then ING insurance took over it. Happened to us like 4 times...
I am calling a couple of places now, so i'll get back to everyone =)[hr]
THERES THE PROBLEM!!! When ING took over Zurich (which was a good insurence comapny...) ING fawked our insurence onver.. with stupid bullshit excuses like terrioist protection and blah blah blah... it's true.. it was typed onto one of the renewal paper.. i showed it to mah friends and we all had a laugh!!![IMG]i/expressions/laugh2.gif[/IMG] So my family decided to find another company cause ING was gonna mess things up for us when they took over... they are screwing my friend now.. but he screwing them back...LMAO[IMG]i/expressions/laugh2.gif[/IMG][hr]
Quote
[hr]Originally posted by: scsGrumPyDriveR
7000 ALONE, that'swhat they quoted me............. and 3300 . around dere. with my mom.
and then 1800 for the old car. with my dad and mom on it.
Before i was with a small insurance company and then ING insurance took over it. Happened to us like 4 times...
I am calling a couple of places now, so i'll get back to everyone =)[hr]
THERES THE PROBLEM!!! When ING took over Zurich (which was a good insurence comapny...) ING fawked our insurence onver.. with stupid bullshit excuses like terrioist protection and blah blah blah... it's true.. it was typed onto one of the renewal paper.. i showed it to mah friends and we all had a laugh!!![IMG]i/expressions/laugh2.gif[/IMG] So my family decided to find another company cause ING was gonna mess things up for us when they took over... they are screwing my friend now.. but he screwing them back...LMAO[IMG]i/expressions/laugh2.gif[/IMG][hr]
Do you even know what the terrorist exclusion is??? by he sounds of it you don't - I don't see how its funny - the reason your rates are so high is partly becuase of sept 11th...i don't see how its a"bullshit" excuse - before you shoot your mouth of you know what your talking about
Practically every type of insurance company has been affected by Sept. 11. Thus all forms of insurance have had some sort of increase in premiums. Even the company I work for which is non-profit and insures Healthcare institutions across Canada has had to implement premium increases.
There is a trickle effect also, one insurance company has to raise rates because their re-insurer has raised rates and that company's insurer/re-insurer has done so also....and so forth.
I agree but the terrorism exclusion was not added until the events of sept 11th - thus if a terroist attack where to happen again and somehow effect the auto industry in Ontario, this exclusion would excluded damage done by the attack - and then costs would be lower and premiums would be lower - I just can't stand it when people say insurance is a rip off - True, insurance can be expensive but so can accdients and injuries....you forget that if you have an accdient insurance is there to take care of both your property damage and you injuires - and 9 times out of 10 the injury portion of a claim is more expensive - THAT is whay your premiums are so expensive - check your policy rate breakdown and see where the premium goes - guarantee its in collision and your accident benefits section -
Be glad that you can shop around for insurance rates too. In provinces like Manitoba, where auto insurance is government regulated, you have no choice but to pay what they say or don't drive.
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[hr]Originally posted by: dm1preppy
I agree but the terrorism exclusion was not added until the events of sept 11th - thus if a terroist attack where to happen again and somehow effect the auto industry in Ontario, this exclusion would excluded damage done by the attack - and then costs would be lower and premiums would be lower - I just can't stand it when people say insurance is a rip off - True, insurance can be expensive but so can accdients and injuries....you forget that if you have an accdient insurance is there to take care of both your property damage and you injuires - and 9 times out of 10 the injury portion of a claim is more expensive - THAT is whay your premiums are so expensive - check your policy rate breakdown and see where the premium goes - guarantee its in collision and your accident benefits section -[hr]
It still doesn't justify some of the increases. Parents have been driving for 30years +, no ticket, no accidents, no claims. Insurance increased 300%. I hardly drive and my premium would be 7-8000$ alone.
Accidents are expensives but that is not a basis for an argument. A person drives a 1994 model Vs a 2002 model. One pays 1000 and another pays 5000. Does driving a 1994 model mean that you'll cause less damage? Being a 30 year driver and the person gets a better car, does it automatically increase their possiblty of getting in to an accident? etc.
Insurance rates are high and CAN climb higher, simply because people don't argue or protest over it. People take it as it is. I guess if the insurance company presented you with a bill for 10k and put "increased terrorism", you would happily pay.
Insurance ARE a rip off because it is often miscalculated and overstated. Formulas used to calculate Insurance preimiums do not include factors such as how skilled you are as a driver, where you drive to, and your medical conditions.
My advice, don't get brian washed by the media, businesses etc. Keep an open mind and ask questions.
No offence, but you have no clue what your talking about .... "People take it and don't ask questions" - You do know that rates are regulated by the government - they basically say what can and cannot be charge - every year each insurance company applies tot he superintendant of ontario to have there rates approved - and if we had to rate each individual driver based on their "skill" level you'd have a policy 1 year later - there is simply no time to do that - and the fact that you have a cheaper car, yes parts may be less expensive but if your car is a crap car and can easily cause you or the person you hit serious injury then hell ya your insurance will be high - you tell people to ask questions but maybe you should.....just my 2 cents
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[hr]Originally posted by: dm1preppy
No offence, but you have no clue what your talking about .... "People take it and don't ask questions" - You do know that rates are regulated by the government - they basically say what can and cannot be charge - every year each insurance company applies tot he superintendant of ontario to have there rates approved - and if we had to rate each individual driver based on their "skill" level you'd have a policy 1 year later - there is simply no time to do that - and the fact that you have a cheaper car, yes parts may be less expensive but if your car is a crap car and can easily cause you or the person you hit serious injury then hell ya your insurance will be high - you tell people to ask questions but maybe you should.....just my 2 cents[hr]
The issue is not WHO regulates insurance rates, but if the rate is reasonable. Even though the rate is given by the government, it does not mean they are right.
Rate based on indvidual driver is time consuming BUT the companies simply do not bother since it will lower their profit.
I'm not telling anyone to ask questions, I'm suggesting that people should question actions that are unreasonable. Yeah, I am not an expert on Insurance policy or any other form of government policy but from my observations, MY rate is too high and the rate of other people are too high too, based on the car they drive and the type of person they are. etc.
I see your side of the story, but Ijust don't agree
