my insurance doubled
02-Jul-2003, 08:16 PM
#1
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Join Date: Aug 2002
Location: Hamilton
Posts: 864
my insurance doubled
well it lokoks like it has come to an end of an era
my insurance company decided to double my insurance and i cant afford to have my civic anymore
i just cant pay $590 for a 92 hb
things like this really suck in life
i dont know what i am going to do
my insurance company decided to double my insurance and i cant afford to have my civic anymore
i just cant pay $590 for a 92 hb
things like this really suck in life
i dont know what i am going to do
03-Jul-2003, 08:17 AM
#8
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Join Date: Mar 2003
Posts: 389
Originally posted by Brisk20
insurance is so erratic... some places will ask like 250 a month others 600 a month.. i have no idea how they get these figures ... it's just a huge scam ne ways...
insurance is so erratic... some places will ask like 250 a month others 600 a month.. i have no idea how they get these figures ... it's just a huge scam ne ways...
03-Jul-2003, 09:52 AM
#9
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Join Date: Aug 2002
Location: Hamilton
Posts: 864
this sucks ***.........im just getting all my info toget her to look around
my accident was in march my fault ..only my vechile involved by still to double.....wtf is that
michelle whats your insurance place name and number?
anyone else that can help by putting there info up too that would be greatlly appriciated
Pat
my accident was in march my fault ..only my vechile involved by still to double.....wtf is that
michelle whats your insurance place name and number?
anyone else that can help by putting there info up too that would be greatlly appriciated
Pat
03-Jul-2003, 10:30 AM
#10
Let us calculate... $600/mth vs $250/mth... that's a $350 difference. at $350/mth, and say you paid $3500 to fix the car yourself... in 10 months you would have paid off your loan to fix the car... this way you are fuct for I forget, 3 or 5 years... 3 years at $350/month is $12,600... ouch!
Ya, get someone else to insure you... don't make any more claims. I can't wait till I'm 25 and can get cheap insurance... AND A MOTORCYCLE
Ya, get someone else to insure you... don't make any more claims. I can't wait till I'm 25 and can get cheap insurance... AND A MOTORCYCLE
04-Jul-2003, 06:55 PM
#11
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Join Date: Jul 2003
Location: Montreal
Posts: 4,508
Originally posted by bbarbulo
Let us calculate... $600/mth vs $250/mth... that's a $350 difference. at $350/mth, and say you paid $3500 to fix the car yourself... in 10 months you would have paid off your loan to fix the car... this way you are fuct for I forget, 3 or 5 years... 3 years at $350/month is $12,600... ouch!
Ya, get someone else to insure you... don't make any more claims. I can't wait till I'm 25 and can get cheap insurance... AND A MOTORCYCLE
Let us calculate... $600/mth vs $250/mth... that's a $350 difference. at $350/mth, and say you paid $3500 to fix the car yourself... in 10 months you would have paid off your loan to fix the car... this way you are fuct for I forget, 3 or 5 years... 3 years at $350/month is $12,600... ouch!
Ya, get someone else to insure you... don't make any more claims. I can't wait till I'm 25 and can get cheap insurance... AND A MOTORCYCLE
Exactly my veiw on insurance, just an over priced Lone when you crack up your car, cheaper to get a bank loan when you do crack it up...but the million doller liability is a nececity incase you kill somone by accident..
04-Jul-2003, 08:14 PM
#12
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Join Date: Jan 2003
Location: on a race track
Posts: 17,846
Originally posted by BarelyLegalCivi
my accident was in march my fault ..only my vechile involved by still to double.....wtf is that
my accident was in march my fault ..only my vechile involved by still to double.....wtf is that
they raised the rates because your now a high risk driver.
04-Jul-2003, 11:28 PM
#13
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Join Date: Mar 2002
Location: www.mojonation.ca
Posts: 6,036
Originally posted by BarelyLegalCivi
my accident was in march my fault ..only my vechile involved by still to double.....wtf is that
Pat
my accident was in march my fault ..only my vechile involved by still to double.....wtf is that
Pat
if you are in an accident byyourself..... you get a reckless driving ticket automaticly.... 6 demerit points.... that's why your insurance is so high
07-Jul-2003, 12:00 PM
#14
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Join Date: Aug 2002
Location: Hamilton
Posts: 864
didnt get a casrless driving ticket........i got a minor 2 point ticket
why do we have insurance if we cant make a claim....im not saying it shouldnt have went up but doubling
thats not right
why do we have insurance if we cant make a claim....im not saying it shouldnt have went up but doubling
thats not right
07-Jul-2003, 03:40 PM
#15
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Join Date: Apr 2002
Posts: 12,906
mine just about doubled in january... all cause of a transport truck rear ended me... i guess when your at a complete stop and a truck driver isn't paying attention that makes me a "high risk" driver too... join the club though 
08-Jul-2003, 12:13 AM
#16
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Join Date: Apr 2002
Location: REDLINE
Posts: 2,759
Originally posted by PunkInDrublic
mine just about doubled in january... all cause of a transport truck rear ended me... i guess when your at a complete stop and a truck driver isn't paying attention that makes me a "high risk" driver too... join the club though
mine just about doubled in january... all cause of a transport truck rear ended me... i guess when your at a complete stop and a truck driver isn't paying attention that makes me a "high risk" driver too... join the club though
and those truck drivers always follow too close. i've almost been rear ended by trucks on several occassions.
08-Jul-2003, 12:18 PM
#17
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Join Date: Apr 2002
Posts: 12,906
i know its brutal... i think i'm one of the few people that get more money from insurance then i pay out htough.... cause that rear ending thing... it wasn't that bad... but all hte paint on my quarters got scratched to they have to be re painted... basically i got my whole rear end painted... the total was like 3500 before tax.... then like maybe two months ago i got my deck and subs stolen... they were only worth maybe 400 tops... and i scored $1020 or so from insurance for that.... so technically even my doubled insurance is half what they have paid me this year.... cause for the 3 years before this one i have been paying like 800 a year... under my parents... and i got my front end painted from insurance like two years ago which was 1500 something.... so i think i'm pretty much breaking even with insurance...
08-Jul-2003, 03:44 PM
#18
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Posts: n/a
Originally posted by Insuranceman
I wouldn't say its a scam....they have to justify their premium to the Ontario government so they can't just charge whatever they feel like ...
I wouldn't say its a scam....they have to justify their premium to the Ontario government so they can't just charge whatever they feel like ...
when i lose money selling a home does anyone give me anything outta the deal?? nope..
if i lose money selling a car?? nope
playing the stock market?? again a resounding NOPE..
the government better figure out something real soon..
they insist you HAVE to have it, yet in the eyes of the general public they aren't regulating it at all..
there are a thousand stories out there from people seeing a 100% mark-up with no faults against them..
we're expected to eat their mistakes, yet when we have none we're expected to just roll with the punches..
08-Jul-2003, 03:53 PM
#19
I had a whole plan worked out for insurance reform, but it's so radical, it could never happen... like you pay a cetain amount / month up to a limit into like a group fund w/ the entire population. After you have, say $5K, you don't pay anymore... now, if you hit someone, your balance is reduced, and you start paying again... if it's more than $5K damage, you are "lent" money bellow prime and you pay that until you repay it, plus bring your balance up to $6K now.... and so on. The Bank of Canada has this massive account, and that's it... everyone pools from it, BofC makes whatever money with it through overnight lending to banks... so that covers admin costs... and that's the new insurance system. 
Now who wants to bring this private bill to parliament 
Someone here must be studying poli-sci and acc-sci.
Now who wants to bring this private bill to parliament Someone here must be studying poli-sci and acc-sci.
08-Jul-2003, 04:22 PM
#20
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Join Date: Mar 2003
Posts: 389
Originally posted by Si Veloz
i understand where you're coming from, but as i've said before i don't understand why WE, the customer have to eat their losses when it comes to investment mistakes..
when i lose money selling a home does anyone give me anything outta the deal?? nope..
if i lose money selling a car?? nope
playing the stock market?? again a resounding NOPE..
the government better figure out something real soon..
they insist you HAVE to have it, yet in the eyes of the general public they aren't regulating it at all..
there are a thousand stories out there from people seeing a 100% mark-up with no faults against them..
we're expected to eat their mistakes, yet when we have none we're expected to just roll with the punches..
i understand where you're coming from, but as i've said before i don't understand why WE, the customer have to eat their losses when it comes to investment mistakes..
when i lose money selling a home does anyone give me anything outta the deal?? nope..
if i lose money selling a car?? nope
playing the stock market?? again a resounding NOPE..
the government better figure out something real soon..
they insist you HAVE to have it, yet in the eyes of the general public they aren't regulating it at all..
there are a thousand stories out there from people seeing a 100% mark-up with no faults against them..
we're expected to eat their mistakes, yet when we have none we're expected to just roll with the punches..
