Im 24 and pay $247 per month by TD Meloche Monnex for my 05 Mazda 3 2.3 hb. No tickets, G2, with University graduate discount, full coverage with 500 deductable. I have one camera speeding ticket but that doesn't affect your insurance.
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Im 24 and pay $247 per month by TD Meloche Monnex for my 05 Mazda 3 2.3 hb. No tickets, G2, with University graduate discount, full coverage with 500 deductable. I have one camera speeding ticket but that doesn't affect your insurance.
Thats insane. How old are the 2 of you, 17?Quote:
Originally Posted by greatape74
I have 3 tickets I believe.
$255, 08.5 mzd3, 21, clean record. I believe that's for 11 months too because of some payment changing issues, so one months is distributed between the other 11.
2013 Mazda 3 GS-SKY sedan
24
G license (since 2011)
RBC Insurance
No tickets/1 at-fault accident in 2007 (fell off already)
Downtown Toronto
$202/month
I'm 38 and my wife 36 lokiQuote:
Originally Posted by loki
You need to find a new insurance companyQuote:
Originally Posted by greatape74
don't know why your premium is so high
+1.Quote:
Originally Posted by loki
What you pay is foolish.
Do you only have liability and comp?
I'm 31, my 09 Speed3 is running me around $195/mth here in Toronto. No accidents on my record and no tickets. With Johnson/Unifund.
I'd love to find cheaper but any online quotes i've gotten were ridiculous. Besides, I know i'm covered with Johnson beyond a first accident. I've heard horror stories of people getting dropped after an accident and a comp claim from places like State Farm. Try getting insurance with a drop on your record...
loki I live in Scarborough and just move here in 2008 from Manila and got my license "G" on the same year and my wife last year. The lowest car insurance I got was $245 from TD and that was in 2010. Then in 2011 we change insurance company because TD jack up is price from $245 to $320 I believe. We chose Scotia bank because at first they gave us a price $260 I think, then it when up to $320 after 2 weeks when they found out I got speeding ticket. After that year in 2012 we found Aviva for $270 so change insurance company again. My wife got her license "G" last November so I add her as a secondary driver, guess what my insurance when up again to $350 and that what I'm been paying seen then. :(Quote:
Originally Posted by loki
CompQuote:
Originally Posted by peterm15
I don't have any minor or major accident or any claims. My only fault is the speeding ticket occur in 2010 of Feb. It just a minor offence in my opinion, because I'm just traveling normally without noticing that I hit 62km on a 50km road from midland going north after crossing shepherd street. I'm have been driving seen I was 16 years old and I drove so many cars and trucks already. The insurance fee that I pay here every month vs back home is consider the whole years for my car insurance over there. Amazing!!! right that why I don't understand how they sleep at night peacefully. :(Quote:
Originally Posted by DLYDRVN
So if you get into an accident ( at fault) you won't get your car covered, but if you car gets damaged while parked on the street you are?
Liability is mandatory in Canada. So I know you have that.
Honestly. Look into other companies. I understand your relatively new ( in insurance eyes) to the country. But there is no reason why you should be paying that much at your age. Look into direct companies. Best bet is to look at insurancehunter.ca and see what they will charge.
19, zero tickets, G license, drivers training - $288/month with TD (university affiliation discount)
Quote:
Originally Posted by peterm15
He's a brand new driver... He's going to have to pay high premiums for a while....
I understand that. But age does play a large factor. Plus both him and his wife have their G license. So I would assume they have had insurance since 2009.Quote:
Originally Posted by aris
On top of that. There is insurance companies out there specifically designed for new to Canada drivers. In college I knew many " kids" paying WAY less insurance then me who were new to Canada.
At the end of the day I figure with some due diligence there is a much better rate out there for him and his wife.
I hear ya man. When I moved here and first got insurance I was over $500 a month. Still feel as though they are taking advantage of you when they raised it by that much but what can ya do...Quote:
Originally Posted by greatape74
hopefully it goes down soon
And suddenly I don't feel so bad about my $440/moQuote:
Originally Posted by loki
How I feel most of the time:
http://static.someecards.com/someeca...dmMDBjMWIy.png
Does anyone know if there is a penalty for ending insurance with TD Meloche Monnex within a year. I've only been with them since April, but at this point Intact seems to offer a package similar to what I have for about $70/mo less ($370). The lady from Intact said that combined with initial double payment, possible penalty etc, it may not be worth for me to switch and I should just wait. Thoughts?
there is a penalty. You have to call them to find out exactly what that is, but I believe you almost end up paying the rest of the year as a penalty, LOLQuote:
Originally Posted by Metal Wing
Im 25, driving an 05 3 GT, paying $175 a month with Belair Direct + qualified for 1 forgiven at fault accident.
I will peterm15, thank you for the link.Quote:
Originally Posted by peterm15
Anyway thank you for you sympathy "peterm15" I do wish next year it will go down. Luckily I don't feel that much bad this year because the company I work now just gave me car allowances of $375. I wish I could save that for some upgrade :)Quote:
Originally Posted by peterm15
yapyap Loki , me and my wife are praying for that to happen. let see next year to be continue.... :)Quote:
Originally Posted by loki
I pay almost 400/month on my 2011 mz3. G license since 2011 Sept. and 2 years of G2 b4 that. I had insurance since 2007, (under my dad name while G1) as a second driver.
Anyone who is an Licensed Engineer here? do you know if i can qualify for a group discount on TD Molex under Engineers of Canada if i am an EIT? Also, i'm turning 25 nxt month.
$117/mth through TD Meloche Monnex with the Sheridan Alumni discount. 2008.5 MS3.
(I do not have collision, etc on this car, and I work from home, so there are no daily driven km's, and I'm the only driver.)
Also of note, am 32 y/o and went through the graduated licensing program.
Yes. As an EIT you qualify for the corporate discount through PEO. When you apply for EIT, you will be given a member number, which Meloche Monnex will ask for and confirm, in order to provide the discounted ratesQuote:
Originally Posted by Astig02