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Insurance??

Old 11-Mar-2009, 08:21 PM
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Insurance??

Hey guys, im 17 years old n i just got my 93 white honda civic hatchback cx model n i have been looking at insurance quotes for 3 weeks now and the best one i found was 700 dollars a MONTH. I need some help if you guys can tell me of any insurance companies in ontario that i can go with so that my insurance will be cheaper then 700 dollars a month because thats going to kill me just to pay all that in one month.
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Old 11-Mar-2009, 11:46 PM
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put the car in ur parents name (owner of the car and insured that way as well) and you as another driver of the car...either primary or secondary if u can. that may get u down to like 400ish. then shop around. get ur G asap
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Old 11-Mar-2009, 11:54 PM
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your young, drive a civic, and are male lol it won't get much better. Like he said ^^^ get your G... it will make a difference. Where have you gone for quotes? Did you do a driver training course? If not, I suggest you take one, again it will make a difference. If your in school I know of a company that gives a discount for that also, as long has your average is 70%... I know with State Farm they have an extra discount for young drivers as long as you complete this booklet and its up to a 15% discount. There are a lot of insurance companies out there.. make sure you check everyone out. You can always check out brokers also.
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Old 12-Mar-2009, 12:05 AM
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Thats bull ****, $700 a month, **** when i was 18 driving a 98 civic Si back in 2001 mine was only $250 in my name. **** who ever gave you those quotes. Right now i'm with RBC and they are not to bad. But yeah if you have it in you parents name it will be cheeper.
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Old 12-Mar-2009, 12:18 AM
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i got my civic [93 Si coupe] just before i turned 18. registered on my mum and me as occasional driver at TD. 170$/month
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Old 12-Mar-2009, 02:51 AM
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Imho, a broker works well...that might be an avenue to try.
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Old 12-Mar-2009, 01:34 PM
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Your full G license will help along with no collision.
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Old 12-Mar-2009, 02:00 PM
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Originally Posted by spyda5588 View Post
put the car in ur parents name (owner of the car and insured that way as well) and you as another driver of the car...either primary or secondary if u can. that may get u down to like 400ish. then shop around. get ur G asap
Originally Posted by Trybal View Post
Your full G license will help along with no collision.
both really good ideas!..

$700 is crazy!
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Old 12-Mar-2009, 02:08 PM
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lol
Damn right! With 2 payments of $700 each, id use that and buy a moped.
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Old 12-Mar-2009, 02:10 PM
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no collision matters.

I paid $375/mth under my parents name back when i was 18
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Old 12-Mar-2009, 02:17 PM
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Originally Posted by k_r_a_c_k_e_r View Post
both really good ideas!..

$700 is crazy!

An even smarter idea is to reassess if you REALLY need to drive your own car right now.

That is NEED as opposed to WANT.

The kid is 17. The only worse age to try to get insurance at is 16.

The kid is trying to insure an older Honda, one that happens to fall near the top of the actuarial ratings lists as far as payouts for medical coverage, theft frequency, and third-party insurance claims is concerned. He'd likely get cheaper rates on an old Mercedes than that Honda.

The OP's profiles suggests he's from Toronto, land of extensive public transit. If I was in a position where an insurance company was asking that amount of coin or even just half that, and I didn't NEED to have my own car to get around, I'd be passing on having that car for a while.

That $700 a month insurance bill can buy you a Metropass and a lot of taxi time and still leave plenty of cash in pocket.

Over two or three years, the insurance and gas and repair savings can even equal the price of a new car. At that time not only do you get a much newer ride, you also move into a different and cheaper insurance rate demographic.

If I lived in the city, I'd sell the car. While other 17-year-old suckers are paying through the nose to run and insure a car to impress their friends, I'd be borrowing the parents car on occasions that I really need a car, and using the TTC/taxi/bike/feet the rest of the time. I'd be saving my money in the meantime to get a decent car later, or maybe even to help pay for school or a house. And I'd be way further ahead by doing so than the sucker bankrupting himself to own a car that is not really needed.

Last edited by FiveO; 12-Mar-2009 at 04:36 PM.
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Old 12-Mar-2009, 03:02 PM
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Also, if you drive less than 10,000km per year, you can insure it as a pleasure vehicle. That should cut it down by 25%.
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Old 12-Mar-2009, 04:32 PM
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alright ill try to get my G but i just got my g2 like last month so do i got to wait a certain time period to get my G?
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Old 12-Mar-2009, 04:35 PM
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i believe its 8 months, though they might have changed it.
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Old 12-Mar-2009, 04:40 PM
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Originally Posted by Trybal View Post
i believe its 8 months, though they might have changed it.
You must have at least 12 months under a G2 before going for a G license.

Eight months is the minimum for a G1 going to a G2, and that applies only if you have a driver's ed course under your belt. Otherwise the G1 to G2 waiting time is 12 months.

Either way, G2 or G doesn't do much for the original poster. The more important thing the insurance companies look to is the length of time holding a driver's license of any kind, and more important than that, a person's age.
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Old 12-Mar-2009, 04:45 PM
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Originally Posted by FiveO View Post
Either way, G2 or G doesn't do much for the original poster. The more important thing the insurance companies look to is the length of time holding a driver's license of any kind, and more important than that, a person's age.
Thankies Five0. I'd like to get my M license for that same reason.
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Old 18-Mar-2009, 11:33 AM
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Originally Posted by miss_jess View Post
Did you do a driver training course? If not, I suggest you take one, again it will make a difference. If your in school I know of a company that gives a discount for that also, as long has your average is 70%... I know with State Farm they have an extra discount for young drivers as long as you complete this booklet and its up to a 15% discount.
You're correct!

I work for State Farm and we offer a discount for Driver's Training, as well as a Good Student discount (average of 70%). If you currently have a G2 then you would qualify for a graduated licence discount, and the 15% discount for completing the booklet is called the Steer Clear Discount.

As long as your driving record comes up clear then all of these discounts will be available to you.
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Old 18-Mar-2009, 11:45 AM
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Originally Posted by Mikey2001 View Post
You're correct!

I work for State Farm and we offer a discount for Driver's Training, as well as a Good Student discount (average of 70%). If you currently have a G2 then you would qualify for a graduated licence discount, and the 15% discount for completing the booklet is called the Steer Clear Discount.

As long as your driving record comes up clear then all of these discounts will be available to you.

LOL

I work for State Farm too
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Old 18-Mar-2009, 11:48 AM
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Originally Posted by miss_jess View Post
LOL

I work for State Farm too
(cough) (paper shuffle)(cough)
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Old 18-Mar-2009, 11:48 AM
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Originally Posted by miss_jess View Post
LOL

I work for State Farm too

and you're from R.Hill too eh? hmmm... maybe we work at the same office? haha lol
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