Originally Posted by Gozit

And $600 a month?! That's how much i'd pay for a year in Malta with no NCD...........

Originally Posted by HGerchikov

But you won't have an NCD when you first arrive

Originally Posted by beckiwoo

Also...if you do get NCD in Canada it may not be recognised in Malta/Europe seeing as Brits can't get theirs recognised in Canada

Originally Posted by HGerchikov

But you won't have an NCD when you first arrive

Originally Posted by Gozit

Exactly, I said that is what I would pay if I had NO NCD in Malta. If I had NCD it would be peanuts!!

Originally Posted by dbd33

The policy is for the car, typically it covers any driver of that car, but the price is based on the drivers in the household. Where people new to Canada get hammered is on credit rating, immigrants tend not to have a good credit rating (if any) and it's a factor in determining premiums.

We currently pay $600/month for two drivers and two vehicles but, since this has been a year with three collisions, and the usual number of tickets, the coming year will be a great deal more expensive.

Originally Posted by beckiwoo

I can't understand how new immigrants get a bad credit rating when they have only just arrived - it should no credit rating.

Originally Posted by dbd33

Where people new to Canada get hammered is on credit rating, immigrants tend not to have a good credit rating (if any) and it's a factor in determining premiums.

Originally Posted by Jsmth321

No credit is almost has bad as having bad credit in North America and until your established your high risk in the eyes of banks, and other companies.

Originally Posted by DandNHill

Same as in the UK. Once when I applied for a mortgage I was given an amber rating because I didn't have a credit card...I mentioned that actually I DID have one and low and behold suddenly I was a green rating!

Originally Posted by Gozit

Exactly... But like I said, for an 18 year old with no claims discount in Malta insurance is around 600 Euros per year... Not bad compared to Canada. And the next year when you would have 1 year NCD it goes down to 450 Euros, etc etc.

Originally Posted by Dashie

Hang on a minute... Don't you normally complain that FL takes other people's threads and miraculously makes them about him

Originally Posted by Gozit

Exactly... But like I said, for an 18 year old with no claims discount in Malta insurance is around 600 Euros per year... Not bad compared to Canada. And the next year when you would have 1 year NCD it goes down to 450 Euros, etc etc.

Originally Posted by caretaker

They shouldn't charge much in Malta, I mean how far are you going to drive?

Originally Posted by Gozit

Seriously? Well i'll stop worrying then
When did you do your test

Originally Posted by Gozit

I was clarifying my post for becki and HGerchikov....