HELP insurance went up like mad!
13-Mar-2004, 04:01 AM
#1
Registered User
Thread Starter
Join Date: Feb 2003
Location: sauga
Posts: 269
HELP insurance went up like mad!
ok guys heres my situation
im 18...g2.... 1 year of driving record....clean record so far no accidents or tickets....
CAR: 93 civic dx coupe 5spd
for my last year of driving which is comion to an end soon ive been paying 269 a month...
primary driver and all
so that aint bad for my age...
i got my renewal today...for next year....
434 a month !!!
im fuc*ED there is no way i can pay that now and pay for school at the same time...
i dont understand y it went up sooo much without gettign ne violations...
but i guess thats life...
neway what companies are u guys with ...
maybe u can leave me a number....
this would be greatly appreciated...cause if i cant find something better then 5 grand a year i must sell my beloved honda!
plz guys!!
im 18...g2.... 1 year of driving record....clean record so far no accidents or tickets....
CAR: 93 civic dx coupe 5spd
for my last year of driving which is comion to an end soon ive been paying 269 a month...
primary driver and all
so that aint bad for my age...
i got my renewal today...for next year....
434 a month !!!
im fuc*ED there is no way i can pay that now and pay for school at the same time...
i dont understand y it went up sooo much without gettign ne violations...
but i guess thats life...
neway what companies are u guys with ...
maybe u can leave me a number....
this would be greatly appreciated...cause if i cant find something better then 5 grand a year i must sell my beloved honda!
plz guys!!
13-Mar-2004, 04:38 AM
#3
-- site donator --
Join Date: Apr 2002
Location: Hamilton
Posts: 6,647
I've had my full licence for 14 years (yeah I'm old). I've NEVER had an accident or major ticket. When I renewed my policy in February, it went up $25 a month to $163.
When I called my insurance company (Pilot), they gave the story about rising rates, theft, various claims, yadda, yadda. My buddy who is an adjuster/underwriter/claims advisor or something for a big commercial trucking company told me that the insurance companies are trying to squeeze every penny out of us before the governemt takes over. Whether it's true or not, I don't know.
For $434 a month, you could take a taxi everywhere you had to go. Maybe consider buying another car thats cheaper to insure. Move to a different area (T.O. and Hamilton have the highest rates I'm told). Get married, that's what I'm doing.
When I called my insurance company (Pilot), they gave the story about rising rates, theft, various claims, yadda, yadda. My buddy who is an adjuster/underwriter/claims advisor or something for a big commercial trucking company told me that the insurance companies are trying to squeeze every penny out of us before the governemt takes over. Whether it's true or not, I don't know.
For $434 a month, you could take a taxi everywhere you had to go. Maybe consider buying another car thats cheaper to insure. Move to a different area (T.O. and Hamilton have the highest rates I'm told). Get married, that's what I'm doing.
14-Mar-2004, 12:26 PM
#5
Registered User
Join Date: Mar 2003
Posts: 389
I highly doubt insurance will ever get taken over by the government, unless we elect the NDP into provincial parliment.... Which would be suicide for big business in this province, so I don't see that happening anytime soon ... the insurance industry makes too much money (as an industry) and employs to many people to be taken over by the government ...
15-Mar-2004, 02:39 AM
#9
Registered User
Join Date: Apr 2002
Location: Toronto
Posts: 9,255
$434 a month? That's just over $5000 a year.
........and driving without insurance has a fine of $5000 if you are caught.
Gee, and police wonder why so many people are driving without insurance now-a-days.
........and driving without insurance has a fine of $5000 if you are caught.
Gee, and police wonder why so many people are driving without insurance now-a-days.
15-Mar-2004, 02:51 AM
#10
Registered User
Thread Starter
Join Date: Feb 2003
Location: sauga
Posts: 269
...
like for real
between this and tuition i dont have enough for a ****in coffee at tim hortons..
thanx BoOsTZeX for the number too MOTORs im gonan give them a shout int he morning...
thanx for all the replys so far...
between this and tuition i dont have enough for a ****in coffee at tim hortons..
thanx BoOsTZeX for the number too MOTORs im gonan give them a shout int he morning...
thanx for all the replys so far...
17-Mar-2004, 12:07 PM
#18
Senior Member
Join Date: Apr 2002
Posts: 12,906
two years ago i paid $700 a year under my parents, then last year it went up to about 1800 a year.. then last december i got dropped from that company...
its just a big mess thats gonna take down thousands of us before anything is done
its just a big mess thats gonna take down thousands of us before anything is done
17-Mar-2004, 01:02 PM
#20
Registered User
Thread Starter
Join Date: Feb 2003
Location: sauga
Posts: 269
.....
no claims no tickets nothing man...
not many companies wanna give quotes over the phone..
i have ot go in person...
dammit
tihs is rediclous...i kno i shouldnt complain some of u guys are paying even more but still 430 is alot every month i could buy a BMW and pay it off with that kinda money lol
not many companies wanna give quotes over the phone..
i have ot go in person...
dammit
tihs is rediclous...i kno i shouldnt complain some of u guys are paying even more but still 430 is alot every month i could buy a BMW and pay it off with that kinda money lol
