Car Insurance Cheaper in Canada?
Apr 11th 2017, 8:37 pm
#16
Forum Regular
Joined: Dec 2010
Location: Southern Alberta
Posts: 112
Re: Car Insurance Cheaper in Canada?
Goodness me, thank you for your thoughts.
Apr 11th 2017, 11:33 pm
#17
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Joined: Feb 2006
Location: Alberta
Posts: 481
Re: Car Insurance Cheaper in Canada?
I'm in AB and paying easy double what I would have paid in the UK.
Insurance, like cell phone contracts and cable TV are ridiculously expensive here!!
Insurance, like cell phone contracts and cable TV are ridiculously expensive here!!
Last edited by stokesey; Apr 11th 2017 at 11:35 pm.
Apr 12th 2017, 12:01 am
#18
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Joined: Sep 2005
Location: GTA
Posts: 80
Re: Car Insurance Cheaper in Canada?
Hi, I've just had my Home and Auto renewal quotes!!!!! We live in Lethbridge, Southern Alberta and the home insurance, with Aviva, has increased by 20% to $1282, when I queried this I was told "well, someone has to pay for Fort McMurray". WHAT! My auto insurance for a 2012 Dodge Grand Caravan with Aviva is now $1096. We've been here since emigrating from the UK since April 2014 and I just feel I'm being ripped off. I've shopped around and have found a slightly cheaper company, Economical, but still expensive. In the UK my Citroen Picasso was about 250GBP. I'm 72 and retired, no commuting and do about 20k kilometers a year. Is this because we live in AB? My broker recommended Aviva because they take my UK driving experience into consideration in their quotes. Any advice or help would be greatly appreciated.
Apr 12th 2017, 12:44 am
#19
Assimilated Pauper
Joined: Mar 2005
Location: Ontario
Posts: 40,018
Re: Car Insurance Cheaper in Canada?
Car insurance premiums in most of Canada are subject to gerrymandering, the companies are forever wailing about being forced to keep them unrealistically low.
Apr 12th 2017, 9:20 pm
#21
Every day's a school day
Joined: Jan 2005
Location: Was Calgary back in Edmonton again !!
Posts: 2,667
Re: Car Insurance Cheaper in Canada?
what im saying is if i had owned a Ford Mondeo in the UK my premium here for the same car would have been double..meaning i could insurance a performance BMW in the UK for what it cost for a bog standard Fusion in Canada.
Apr 16th 2017, 5:29 am
#22
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Joined: Feb 2010
Location: High River AB
Posts: 571
Re: Car Insurance Cheaper in Canada?
I'm in AB and 5yrs ago was paying $1460 for a 3yr old GMC Yukon which I swapped for an 2012 3.6L SXT Charger, ins stayed at $1460, today swapped in for 2013 6.4L SRT Charger, ins still $1460.
No rhyme nor reason as to how they work it out.
No rhyme nor reason as to how they work it out.
Apr 16th 2017, 7:08 am
#23
Forum Regular
Joined: Dec 2010
Location: Southern Alberta
Posts: 112
Re: Car Insurance Cheaper in Canada?
Thank you for your input. No point in me downsizing my car then I guess!
Apr 16th 2017, 7:37 am
#24
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Joined: Jan 2017
Posts: 119
Re: Car Insurance Cheaper in Canada?
My last insurance in the U.K something like £450.
What really annoyed me when we first moved to Canada was that some insurance companies wouldn't accept my uk no claims because I was a Canadian Citizen.
Apr 16th 2017, 1:06 pm
#25
Happy
Joined: Feb 2009
Location: Nova Scotia
Posts: 2,942
Re: Car Insurance Cheaper in Canada?
Wow. I'm envious of you! When we bought our third vehicle as son needed a car we initially asked the insurance company for guidance. We bought a 2008 GMC Acadia as it is one of the cheapest vehicles to insure.
Here in Brampton if I insured that vehicle on my own it would cost $3300 per year. I'm 50 and have had no accidents. If we were to move just up the road (4km but a different postal code) it would drop to $2000!!!! Still expensive from what I can see compared to Alberta.
We're renting at the moment and our tenants insurance is nearly $1000 per year!
Here in Brampton if I insured that vehicle on my own it would cost $3300 per year. I'm 50 and have had no accidents. If we were to move just up the road (4km but a different postal code) it would drop to $2000!!!! Still expensive from what I can see compared to Alberta.
We're renting at the moment and our tenants insurance is nearly $1000 per year!
Apr 16th 2017, 1:09 pm
#26
Happy
Joined: Feb 2009
Location: Nova Scotia
Posts: 2,942
Re: Car Insurance Cheaper in Canada?
I cant recall what ours is as its bundled in with our house insurance but its not a monthly cost that's noticeably more that it was in the UK.
There we also bundled it all and we had a 110 year old house in Horley, Surrey, a 7 year old Citroen Zara and a 2 year old Audi A3 and full no claims history (except for a house fire on that bloody house)
Here we have a 32 year old house, a 1 year old Mitusbishi outlander and a 1 year old VW Golf. Incidentally, love the car and hate that SUV.
There we also bundled it all and we had a 110 year old house in Horley, Surrey, a 7 year old Citroen Zara and a 2 year old Audi A3 and full no claims history (except for a house fire on that bloody house)
Here we have a 32 year old house, a 1 year old Mitusbishi outlander and a 1 year old VW Golf. Incidentally, love the car and hate that SUV.
Apr 16th 2017, 2:38 pm
#28
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Joined: Nov 2009
Location: Somewhere in Hamilton, ON
Posts: 4,307
Re: Car Insurance Cheaper in Canada?
We are planning our escape! Hubby is looking at job prospects and once that has been taken care of we will be on the move. Not sure yet in which direction but certainly out of the insurance money pit area!
Apr 16th 2017, 4:00 pm
#29
Account Closed
Joined: Jan 2006
Posts: 0
Re: Car Insurance Cheaper in Canada?
We just renewed our insurance in BC. With 43% claims free discount its 147/month. Up about $200 for the full year vs last year.
Apr 17th 2017, 1:08 am
#30
Assimilated Pauper
Joined: Mar 2005
Location: Ontario
Posts: 40,018
Re: Car Insurance Cheaper in Canada?
Here's a relevant, if tabloid, piece. One with mysteries of its own:
Ontario roads safest in country but drivers pay the highest premiums, new report says - Toronto - CBC News
Why are the insurance cheats so sympathetically considered? Why is Steve Kee pictured in poorly decorated apartment? Why is he leaning into the picture like some sexual predator about to be bopped by a minor Soprano? Why did they choose a slack jowled slimey looking fellow as the lawyer, do they really all look like Saul?
Ontario roads safest in country but drivers pay the highest premiums, new report says - Toronto - CBC News
Why are the insurance cheats so sympathetically considered? Why is Steve Kee pictured in poorly decorated apartment? Why is he leaning into the picture like some sexual predator about to be bopped by a minor Soprano? Why did they choose a slack jowled slimey looking fellow as the lawyer, do they really all look like Saul?