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Venting post regarding car insurance (pg. 3)
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| quddha |
I live downtown. TTC anywhere I want to go for under $2.
No gas, no insurance, no parking fees, no tickets. |
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| DamnDirtyApe |
I've had 2 accidents in the last 2 years (both were caused by other people, not that that matters). If I actually owned a car myself my parent's insurer (Allstate) wouldn't cover me at any price!
However, I could be the primary driver on a car own by my Dad and only pay $210-$250 per month (for a 97 Sunfire GT). I'm not sure why, but if your car is technically owned by your parents, you get a much better deal on insurance.
That said, I'm probably going to have to stop driving once my job starts, even though it's in Mississauga. It just doesn't make sense to pay $250 insurance + car payment of $300 + gas of $100 + maintainance just so I save an hour of travel time each day. |
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| dEsidEL |
| i wonder if the cost of breeding a horse is less than that of auto insurance .. |
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| AmbiguousBliss |
| quote: | Originally posted by dEsidEL
i wonder if the cost of breeding a horse is less than that of auto insurance .. |
Wonder no more... Hey, stud.
:toothless |
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| fantom |
| quote: | Originally posted by quddha
I live downtown. TTC anywhere I want to go for under $2.
No gas, no insurance, no parking fees, no tickets. |
Werd! |
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| rabbitjoker |
| quote: | Originally posted by The Highroller
WTF is wrong with this industry? |
I hear ya bro.. I pay ~$350 / month in car insurance ($300 deductable) and I'm not exactly driving a top fuel dragster. As well I have never had any convictions or tickets. |
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| rabbitjoker |
| quote: | Originally posted by j_spot
BC is the best, alberta is decent |
Sask. is even better than BC. Those socialist farmers really know how to make insurance work (in addition to 60% tax rate ;) ).
For me to insure my car in Sask. would be $375 / year (as opposed to $350 / month) in Ontario.
A lot of it has to do with tort claims. -Supposedly- tort claims are going through the roof and the insurers don't know how to cope, thus the actuaries raise the premiums.
I have my own personal car, homeowners, umbrella and life insurance w/ State Farm. They were the lowest I could find and gave me multi-line discount. State Farm also gives a "good grades" discount of 5% if you have an average above 75% (or 80%).
Here's the agent I use:
Kelly Culin Ins Agcy Ltd (State Farm Ins Agent)
1175 North Service Road West, Suite 206
Oakville, ON L6M2W1
Phone: (905) 847-0012
Fax: (905) 827-7429 |
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| rabbitjoker |
| quote: | Originally posted by kate
Be happy you don't live in Quebec. We have no-fault insurance, so even if it isn't your fault, your insurance premiums go up :( |
It is my understanding that Ontario opertates under the same "no-fault" system. |
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| FuZioN |
Car insurance in Canada is a form of legalized extortion. They charge you whatever the hell they want, your driving record is almost never a consideration unless you have items that will RAISE your premiums. I have been driving for almost 10 years, never been in an accident, have a clean record, but when I had to renew my insurance it went UP 20%!!... wait a minute... isnt it supposed to go DOWN if you're a good driver???
oh wait a minute... I see.... I have to pay for other people's idiocy and incompetence on the road! Oh I guess thats fair.... I've heard excuses from companies for the hike for everything from "oh its really bad in Etobioke" to "after 9/11, everyone's rates went up"
W-H-A-T-E-V-E-R
I say this, if I MUST pay for car insurance, then my premiums should be affordable and minimal, plain and simple. I should be rewarded for a clean driving record, not penalized for other people's stupidity.
If the industry can't get their together, then I suggest mandatory car insurance (meaning the liability part) should be taken over by the government and made affordable and if people want extra, then they can pay for it themselves. I would go so far as to nationalize the whole goddamn industry. Losing money my ass!
And as for, driving is a luxury... not in Toronto it aint.. Have you ever waited for a northbound yonge subway at 6:30 when for some odd reason during rush hour, they run one every 10-15 minutes?? Ever seen those "pushers" ramming people into trains in Japan? Ever waited over half an hour for a bus that was rammed packed and then decided to "short-turn"? Unless the government invests in urban transit like they did in Montreal, you HAVE to have a car in the GTA, especially if you live in the 905 area code where severly low density housing and non-existent transit prevail.
To sum up: I need a car to make money, in order to have a car, I MUST have insurance by-law, in that case, that insurance should be made affordable.
Cinar |
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| Ninjapimp |
I could go on about this for hours. I will not rehash what's already been said, but will say a few things.
- Insurance Co's Have NEVER lost money in North America. Even AFTER 9-11. That's the big problem. Revenue-making insurance is an oxymoron. It's a zero-sum industry if it is true insurance.
- Insurance in Toronto is 200% what it is in Calgary. No-fault insurance blows. It takes away driver responsibility.
- Males under 25 have been getting screwed since I was 16 (and that was a while ago)
It pays to shop around. I got a difference of 200% (off my already 200% increase that was the best deal).
Then I checked brokers who immediately beat that price. I saved about $2500 off the highest priced quote. |
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| Slag |
It's ridiculous how they discriminate by age and gender. Just because I'm an 18 year old male, they automatically assume that I'm a bad driver. :wtf: They don't know anything. For all they care, I'm just a number. The way insurance companies base their rate upon is idiotic. :mad:
ok im done w/ my little rant |
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| DigiNut |
I was just thinking about what someone said in terms of giving up their car because it didn't pay just to save an hour of time each day...
Well I think of it this way - it takes me no less than an hour and a half to get to work on the bus each day. That's to and from, so a 3 hour commute.
By car, it takes about 20-30 minutes during the same time of day. That subway map brunette posted in another thread which got followed up by other maps is what our city's subway system should look like, and would look like if the government bothered to spend any money on it, because you can actually GET places on that kind of a system - but they don't, so by taking public transit, the city eats up my time.
If I make $15 an hour, which is just a student salary and is painfully low compared to what I should be making after graduation, then that's $30 of my time every day that I lose by taking the bus because of the city's utter incompetence in building a proper public transit infrastructure. That's a little over $600 a month right there. So no matter what you do in this city, you get screwed out of your hard-earned cash - the only escape is if your workplace happens to be very, very close to your home.
It's amazing how some people are so readily willing to give up the idea that their time is worth money. (Well, maybe some people's time isn't... :p) But if I have to piss it away waiting for a bus, then it's opportunity cost, and it's being wasted. |
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