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Old 31-Jul-2009, 02:35 PM
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going on my own

hey guys

i plan on going into my own insurance policy seperate from my parents and just wanted to get some info on insurance and random stuff

kk so i wanted to know about liability what exactly does it cover and should i be covered for 2 million or stick with 1 million

i also wanted to know if id have to pay extra for this feature.. okay lets say i get into an accident or am involved in an accident would a rental car be provided and insured free of charge or would the rental car and insurance be coming out of my pocket?

right now i also use kanetix.ca for quotes but i was told TD is a good place to go i just wanted to know how id go about getting a quote from the


and now the random other stuff

kk does anyone here own a v8 or a 4.6L? if so how much is a full tank on 91 octane or how many gallons are regularly in a v8 car? (i know its a very generic question but im trying to figure out some info on a mustang and the toronto mustang club sucks)
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Old 31-Jul-2009, 02:56 PM
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depends on your policy but most will provide you with a rental car

Liability is a must. It's against the law to drive a car without at least liability coverage on it. You have no choice there except whether you want 1 mill or 2 mill.
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Old 31-Jul-2009, 03:01 PM
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My car has the Mustang Mach 1 motor and I run it on 94 octane.. put around $60-65 bucks in at a time and get around 450-500km depending on how I drive.

also, depending on if this is going to be a second car you own, you could always make it a "pleasure vehicle"..
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Old 31-Jul-2009, 03:49 PM
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Originally Posted by bengali548
hey guys

i plan on going into my own insurance policy seperate from my parents and just wanted to get some info on insurance and random stuff

kk so i wanted to know about liability what exactly does it cover and should i be covered for 2 million or stick with 1 million

i also wanted to know if id have to pay extra for this feature.. okay lets say i get into an accident or am involved in an accident would a rental car be provided and insured free of charge or would the rental car and insurance be coming out of my pocket?

right now i also use kanetix.ca for quotes but i was told TD is a good place to go i just wanted to know how id go about getting a quote from the
TD will not compensate you if they find out there are mods on your car. Even a lowered car is not acceptable. With a B20 Ek, they will probably not insure you.


btw...how's the tranny situation?
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Old 31-Jul-2009, 05:15 PM
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You should check out insurancehotline.com...they give the cheapest rates in ontario, plus you can mess around with different scenarios (1 mill liability or 2 mill etc.) and see how it will affect your rate.
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Old 31-Jul-2009, 05:44 PM
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Originally Posted by Hatorade
TD will not compensate you if they find out there are mods on your car. Even a lowered car is not acceptable. With a B20 Ek, they will probably not insure you.


btw...how's the tranny situation?
My pressure plate was damaged to begin with so i got a lighter one and I had to machine myflywheel because it got damaged I put in a b18b tranny in it and u can notice your mileage increasing roughly coated me 1150 installed

btw I don't want to insure the civic I'm planning on getting an 05 stang Gt and I got 400 for full coverage (pretty good cuz ik paying 350 forjust liability on my civic)


Also let's say I'm in an accident and I kill some one does liability mean I'm covered for a million if I'm sued for 2million ( I never killed anyone so I don't know how much it is)
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Old 31-Jul-2009, 05:47 PM
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Originally Posted by k_r_a_c_k_e_r
My car has the Mustang Mach 1 motor and I run it on 94 octane.. put around $60-65 bucks in at a time and get around 450-500km depending on how I drive.

also, depending on if this is going to be a second car you own, you could always make it a "pleasure vehicle"..
It's only one vehicle and I'm going to stor it from like November to march can It still be considered a pleasure vehicle?

Btw what do u drive and what are the statsofthe mustang Mach 1 motor (early stages of research sorry)

I'm going to be picking up the car whenit starts getting cold so I got time it should be cheaper by than
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Old 31-Jul-2009, 06:18 PM
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Originally Posted by bengali548
It's only one vehicle and I'm going to stor it from like November to march can It still be considered a pleasure vehicle?

Btw what do u drive and what are the statsofthe mustang Mach 1 motor (early stages of research sorry)

I'm going to be picking up the car whenit starts getting cold so I got time it should be cheaper by than
I'm not sure if you can have it insured as a pleasure vehicle if its the only car on the insurance..

Its a 2003 Mercury Marauder, 4.6 DOHC, 302hp.. weighs a little more then a mustang.. lol
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Old 31-Jul-2009, 07:57 PM
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Originally Posted by k_r_a_c_k_e_r
I'm not sure if you can have it insured as a pleasure vehicle if its the only car on the insurance..

Its a 2003 Mercury Marauder, 4.6 DOHC, 302hp.. weighs a little more then a mustang.. lol
Ya I think the new one is rated at 300 hp 315 ft/lb but don't know how much is at the wheels
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