Mazda 3 insurance cost per month ????

[ecmirand]

I find all the quotes all over the place. My experience was that no one was able to compete with my PEO rate from TD

in contrast my car with TD is around $120 a month or less for full coverage, living downtown Toronto

Do car insurance companies typically match quotes from other companies? What's your experience on that?

Even with my PEO rate with TD, it's still lower than belair. Hoping TD can match because it saves me the trouble of switching :p

[Wanderlust]

Replying to @Wanderlust too...Yea with the automerit, my quote goes down by $30+/month. Big savings and easily beats my TD renewal amount. My only concern is them using my collected data against me in the FUTURE. I said future because I read that all data collected now won't be legally used against you and only records times of acceleration and hard braking. What are your opinions on that?

I guess you have to take them at their word. I know some are wary of insurance companies having access to too much of your info but it would be legally treacherous for them to go against what they've stated.

[loki]

Yup, I thought they would have matched The Personal's quote as well. But they didn't. Too bad for them.

That's good for $120 a month. How long you been with TD?

Since 2005

[loki]

Do car insurance companies typically match quotes from other companies? What's your experience on that?

Even with my PEO rate with TD, it's still lower than belair. Hoping TD can match because it saves me the trouble of switching :p

Pretty sure they don't match rates

They develop their rates based on the risk they perceive to insure you, it's not like buying a shirt. If another insurer is willing to take on the risk at a lower rate then go with them but you can't expect your insurance company to simply match a rate.

[CloudPump]

Do car insurance companies typically match quotes from other companies? What's your experience on that?

Even with my PEO rate with TD, it's still lower than belair. Hoping TD can match because it saves me the trouble of switching :p

Auto insurance rates are non-negotiable. Auto insurance rates must be filed with the Financial Services Commission of Ontario and adhered to like scripture.

If someone got a quote from another company that was $0.01 cheaper than my quote, there's nothing I could do in an apples-to-apples situation.

-Geoff

[ecmirand]

I'm also gonna try a broker to see if I can get a better rate somewhere. But if belair can give me a better quote with/without automerit, I might switch. Is there a disadvantage of switching insurance companies only after 2 years? Won't they be like "what's wrong with this dude...keeps switching companies"?

[loki]

I'm also gonna try a broker to see if I can get a better rate somewhere. But if belair can give me a better quote with/without automerit, I might switch. Is there a disadvantage of switching insurance companies only after 2 years? Won't they be like "what's wrong with this dude...keeps switching companies"?

I don't think they care about switching as long as you haven't been denied insurance or had your policy cancelled/revoked

[ecmirand]

I don't think they care about switching as long as you haven't been denied insurance or had your policy cancelled/revoked

Sweet! Thanks.

[Hotsky]

Currently paying $145 for my '05 mazda 3 in Hamilton. But renewal is coming up and I managed to get into 2 accidents at fault (first two ever, one a guy actually hit me). Accident forgiveness covered the first one but kinda curious what the second one gonna bump me up to.

got my renewal $185 I'll take it!! haha

[m_bisson]

For the first time ever, my current insurance company is charging me LESS for the next year, rather than increasing every year. That's always nice

[soccerboy1491]

Got my renewal coming up and I'm going from 333 a month to 302 a month. Not bad but still sucks lol. 24 now in Brampton.

[Kiewan]

Might be worth mentioning that raising your liability from $1M to $2M is not a lot of money. It was something like $50/year extra for me. Just in case of any unforeseen serious Bodily Injury claims.... They can get very expensive.

$243/mo Desjardins - 23 years old, male, north York, clean record. Collision coverage, no claims history.

I also agreed to a higher deductible when I first started out with my own insurance to keep my premium a bit lower.

No discount through my work so I went with Desjardins as it was the cheapest I was quoted.

[loki]

The first million is the expensive part. 2nd million is always cheap because chances of needing it are very low. For me it was an extra $12

[Jenuine]

Some of you pay so much for insurance
@Thrizzl3 and I are combining our car insurance (moving in together) and we got quoted $277/month... Toronto, $2 million liability, collision coverage, depreciation waiver, accident forgiveness, but $1000 deductible. He now pays $261/month alone lol.

[Kiewan]

The first million is the expensive part. 2nd million is always cheap because chances of needing it are very low. For me it was an extra $12

I ended up getting it because of a near accident with a Jay walking pedestrian downtown. It was freaky close....

[soccerboy1491]

Some of you pay so much for insurance
@Thrizzl3 and I are combining our car insurance (moving in together) and we got quoted $277/month... Toronto, $2 million liability, collision coverage, depreciation waiver, accident forgiveness, but $1000 deductible. He now pays $261/month alone lol.

The discount you get when you have common law or ect is insane. My brother did it a few years back & theirs dropped so much

[Jenuine]

The discount you get when you have common law or ect is insane. My brother did it a few years back & theirs dropped so much

Haha we aren't common law yet. My insurance company refused to give us the multi vehicle discount because of that but we found other companies willing to apply it. We're also getting a multi line discount so that's what's making it so cheap.

[Kat]

Well, my renewal came up and I went from paying $89.64/mth to $107.50/mth even though everything is exactly the same for the last 4 years. Lovely...

When I go to look at other quotes, it's more expensive than the renewal. This is really bizarre...

[MS3_]

put my speed back on the road and my insurance dropped this year, went from $255 to $174 in one year. cant complain.

[DreCyrus]

just got my renewal with RBC insurance and dropped from 289 to 227 with the speed now to can't complain.
21 Clean record Halton Hills 300 comp, 500 collision

[Wanderlust]

Just got my renewal paperwork. $147/month with Belair. $1M liability, $500 deductible comp and collision, and waiver of depreciation.

36, single, clean record, Mississauga.

[C_Costa96]

13 speed3 and paying 350 a month clean record. I guess the fact that I'm 19 doesn't help

[jay93]

The renewal came in the mail the other day. Last year it was $501 monthly which is full coverage. Starting on the 20th of April it's 440. Ooo don't get scared with that price. That's for me and the miss' 06 mz3 and 11 golf
@FD22 likes my signature

[Hyperion]

13 speed3 and paying 350 a month clean record. I guess the fact that I'm 19 doesn't help

Speed3 was only $5 more than my 3 a month when I bought mine at 19.
It's the fact you're 19

[Jenuine]

The renewal came in the mail the other day. Last year it was $501 monthly which is full coverage. Starting on the 20th of April it's 440. Ooo don't get scared with that price. That's for me and the miss' 06 mz3 and 11 golf
@FD22 likes my signature

$440?! Have you shopped around lately? Seems really high, unless you don't have the multi vehicle discount?