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Does driving school = significant insurance reductions?

I did a driving school course a long time ago, but then let my G1 expire.

Is it really worth spending 20 excruciating hours in-class + ~$500 in order to get the premium reductions?

Re: Does driving school = significant insurance reductions?

quote:

Originally posted by The Highroller I did a driving school course a long time ago, but then let my G1 expire.

lol
been there

approximately 10%

I always thought it was 30%? I have my certificate but let my g2 expire. Wouldn't make sense for to take classes again if I still have a certiicate..

My G2 expired... Need to go through the process again

I didnt think that your driving school certificate expired...

LOL... it would be so unheard of for anyone up here to ever let their G1 or G2 expire...

Unimaginable.

We get our DLs as quickly as possible until have the full G. Driving is a much bigger deal when yuo dont live in a large city like TO

Ian has the same problem. He let his G2 expire, and I called the Ministry...since it's been more than 3 years, he has to start the process again and can't skip ahead. (Whereas others can write their G1 and then do their G2 right away). He did driver's ed, but I don't know if he can find his certificate.

Does anyone know if they're able to just call CAA, or whoever you did it with to confirm?

Almost 100% sure that after 3 years the certificates are useless anyway and the course has to be retaken.

quote:

Originally posted by VERTiG0 Almost 100% sure that after 3 years the certificates are useless anyway and the course has to be retaken.

That's what I kind of thought. B/c there would be changes and/or new things that you'd have to learn about.

Most companies will offer a discount if you've taken some sort of driving school. If you are lucky you might get a 10% or so.

I don't know why I'm responding since graham has me on ignore anyway

Most boring shit ever, but saving money is saving money.

If you're a good driver, your instructor will sign off on all your lessons after one like he did with me... Providing he's a nice guy and all.

quote:

Originally posted by ChemEnhanced Most companies will offer a discount if you've taken some sort of driving school. If you are lucky you might get a 10% or so. I don't know why I'm responding since graham has me on ignore anyway

I'll quote it so he can read it then.

holy, so many lazy pricks letting their license expire.

quote:

Originally posted by ChemEnhanced Most companies will offer a discount if you've taken some sort of driving school. If you are lucky you might get a 10% or so. I don't know why I'm responding since graham has me on ignore anyway

What is the approximate present value of the premium discounts?

quote:

Originally posted by chinamon holy, so many lazy pricks letting their license expire.

Every insurance company is different. Some places will accept a driving school up to 5 years after the fact. So if it's only been 3 years you should still be ok. But regardless, you shouldn't be on anyones insurance policy unless you have a G2 license. If you let you G1 expire (God knows why) just go get a G2 as quickly as possible, then wait your mandatory 1 year and get a G License. You're really on hurting yourself by not upgrading your license! You'll be paying higher rates longer than anyone!

quote:

Originally posted by The Highroller What is the approximate present value of the premium discounts?

And it may not be a discount they give you... they are giving you experience.

quote:

Originally posted by ChemEnhanced I don't know why I'm responding since graham has me on ignore anyway

Luckyyyyyyy..

quote:

Originally posted by Mortyman You're really on hurting yourself by not upgrading your license! You'll be paying higher rates longer than anyone!

True.

I know with Co-operators that every year longer I had my full G licence (up till I had had my G for a full 5 yrs), I went up a tier and received a further reduction in my yearly premiums.

Does it make a differance once you get older ? like you get a rate rate drop after 25 right ??

Wow, you're in the same boat as me Graham! except I'm 30

quote:

Originally posted by Jem_hadar True. I know with Co-operators that every year longer I had my full G licence (up till I had had my G for a full 5 yrs), I went up a tier and received a further reduction in my yearly premiums.

I don't think it matters on how long you've had the G license for, i think they would just deduct it since you've been with them for over 5 years and had no claims (i assume) as appreciation. As soon as you would get into an accident and make a claim your insurance would skyrocket no matter how long your experience was..
After you reach 25y the insurance premium is dropped significantly as well, about 25-30%.

quote:

Originally posted by geroin I don't think it matters on how long you've had the G license for, i think they would just deduct it since you've been with them for over 5 years and had no claims (i assume) as appreciation.

Maybe its just their policy. I know i didnt change tiers when I was insured with only my G2 though. I've always and continually been with Co-operators.

If what you are saying is true, then this "appreciation" perk only applied to those with G licences. My prem started decreasing once i got my G and continued to decrease for the subsequent five years (i was told by my agent lady that i went up a tier for every year up to five that i held my G licence for) << Maybe thast only a co-operators practice though.

quote:

Originally posted by Jem_hadar Maybe its just their policy. I know i didnt change tiers when I was insured with only my G2 though. I've always and continually been with Co-operators. If what you are saying is true, then this "appreciation" perk only applied to those with G licences. My prem started decreasing once i got my G and continued to decrease for the subsequent five years (i was told by my agent lady that i went up a tier for every year up to five that i held my G licence for) << Maybe thast only a co-operators practice though.

possibly dude, they basically award you for being with them for sometime having clean record and a G license. Do you think if you would abruptly switch your companies to another they would match the rate you are receiving now and continue deducting every year? i think they would possibly match it but not deduct it until a few years have passed. In fact my dad just received a letter in the mail indicating that they are cutting some of his coverage out and increasing the premium lol and he has a clean record. (i think we had a post here sometime ago about that)

6 star...

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