Ontario Car Insurance for ex-pats
Hi,
I've heard that new immigrants have to start again with car insurance, can't transfer any no claims history, so car insurance going to be very expensive. Can anyone recommend a car insurance company for new people to Ontario. Seems $250 a month for 2 cars is the norm? Thanks, Alister |
Re: Ontario Car Insurance for ex-pats
Originally Posted by al8565
(Post 10456272)
Hi,
I've heard that new immigrants have to start again with car insurance, can't transfer any no claims history, so car insurance going to be very expensive. Can anyone recommend a car insurance company for new people to Ontario. Seems $250 a month for 2 cars is the norm? Thanks, Alister We started at $220 per month for one car on 6 month policy then moved to TD at $120 pm. Remember you are insuring the car not the person. When you weigh up the no-MOTs and cheaper road tax it come out at a wash. |
Re: Ontario Car Insurance for ex-pats
Originally Posted by JB0591
(Post 10456274)
It seems to be hit and miss if companies will take your no claims, some are lucky and get it some are not.
We started at $220 per month for one car on 6 month policy then moved to TD at $120 pm. Remember you are insuring the car not the person. When you weigh up the no-MOTs and cheaper road tax it come out at a wash. Might have to try and get by with one car for first 6 months. |
Re: Ontario Car Insurance for ex-pats
Originally Posted by JB0591
(Post 10456274)
Remember you are insuring the car not the person.
Some companies will give credit for a foreign driving record. Johnsons are an example often mentioned here. Bring proof and try it on. |
Re: Ontario Car Insurance for ex-pats
Originally Posted by al8565
(Post 10456272)
Hi,
Seems $250 a month for 2 cars is the norm? Thanks, Alister |
Re: Ontario Car Insurance for ex-pats
Johnson Insurance
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Re: Ontario Car Insurance for ex-pats
OK, so accepting it's going to be horribly bad, what would be considered a low-risk car in Canada to help keep the cost to a minimum? Do they have the same kind of insurance groups we do in the UK?
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Re: Ontario Car Insurance for ex-pats
Originally Posted by priceycheese
(Post 10457003)
OK, so accepting it's going to be horribly bad, what would be considered a low-risk car in Canada to help keep the cost to a minimum? Do they have the same kind of insurance groups we do in the UK?
Something to consider is that very many cars in Ontario are uninsured (well, of course, insurance often costs more than the car itself). The fine for operating a vehicle without insurance is neglible compared to the cost of a policy. |
Re: Ontario Car Insurance for ex-pats
Although you won't get any demerit points, the conviction of operating a motor vehicle without insurance carries a minimum mandatory fine of $5,000.00 and a maximum of $50,000.00. There is also a minimum license suspension of 30 days and a maximum of one year. Furthermore, your vehicle will be impounded. |
Re: Ontario Car Insurance for ex-pats
Originally Posted by FlyingDutchman6666
(Post 10457085)
True, a fine of $5000 is small compared to the yearly insurance premium of a new immigrant or 'bad insurance risk'. Unbelievable.
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Re: Ontario Car Insurance for ex-pats
Yes, the minimum fine in Ontario is $5000. Fines may vary in other parts of the country...
http://www.fsco.gov.on.ca/en/auto/br...toins.aspx#one |
Re: Ontario Car Insurance for ex-pats
Originally Posted by FlyingDutchman6666
(Post 10457118)
Yes, the minimum fine in Ontario is $5000. Fines may vary in other parts of the country...
http://www.fsco.gov.on.ca/en/auto/br...toins.aspx#one Here, http://www.traffic-ticket-speeding-p..._insurance.php a firm offers to negotiate: "The other method of reducing fines for driving without insurance in Ontario is hiring a professional to defend you. A professional paralegal can portray your financial and personal situation in a certain light in order to ask the Court for a reduction of the minimum mandatory fine." Unless the amount was recently set, I know it's not rigidly applied. What I can't find is how much people have actually been fined over, say, the past couple of years. Anyway, a contingency fund of $5,000 to save maybe $7,000 a year would look like a sensible investment very quickly. (If one was a cynical scofflaw or a poor immigrant). |
Re: Ontario Car Insurance for ex-pats
Repeat offences may cause one to spend some time in the slammer. I wonder what it would take for Canada to start deportation proceedings after a custodial sentence, if not a Canadian Citizen?
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Re: Ontario Car Insurance for ex-pats
Originally Posted by FlyingDutchman6666
(Post 10457417)
Repeat offences may cause one to spend some time in the slammer. I wonder what it would take for Canada to start deportation proceedings after a custodial sentence, if not a Canadian Citizen?
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Re: Ontario Car Insurance for ex-pats
Definitely bring your NCD proof. It can be expensive yes, call lots of brokers where you move to (which area?) as we found only one out of 4 actually called back. I'm guessing the other 3 knew they couldn't do much for an expat.
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