So. we just bought ourselves a 2013 GX460. I had contacted our broker with a list of 5 vehicles we were considering (2013, GX, 2013, 4runner, 2015 Infiniti etc.). I had not provided VINs, but did understand some amounts may change if there are different options on the vehicle etc.... Well, when we bought the vehicle and provided the VIN, the insurance quote was 300% more than what their estimate was. I would have been totally fine with like 50%, but not 300%. Of course i don't expect the company to just honor the price.... Not sure what others are paying in Ontario? Our quote was close to $2500 a year for comprehensive. The estimate was $850 and I was prepared to pay like $1500.
Anyone in Ontario, Canada? Insurance Questions
- Thread starter cmattina
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Maybe time to shop around for a different insurance provider
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- #3
Thank you. Great advice!
Can't tell if that's sarcastic or not... but if I was quoted a rate on insurance (or literally anything) and then the actual cost came back to 300% of the quoted number, I'd be pursuing other options to found out what a realistic number is.
I'm not in Ontario so I can't help with anything in that regard, but it sounds like your insurance provider either duped you or made a sizable mistake.
Can't help with insurance rates in Canada. But I did have the same independent agent and insurance for more than 25 years and assumed it was the lowest rate possible. That is what everyone else told me and the internet said, and of course everything on the internet is accurate
A few months after I got the GX finally broke down and got a quote from USAA after the independent insurance denied an obvious damage claim for hail to my roof. I dropped them like a hot potato and THEN they decided to pay for it, but left for USAA as they were too late to the party and I'm still pissed about it after the tens of thousands of dollars I paid them over the years.
The same insurance on my GX, compressive with $1K deductible, dropped from $1,680 a year to $902 a year with USAA. I don't even want to think how much money I pissed away over the years by not checking out USAA or others along the way.
A few months after I got the GX finally broke down and got a quote from USAA after the independent insurance denied an obvious damage claim for hail to my roof. I dropped them like a hot potato and THEN they decided to pay for it, but left for USAA as they were too late to the party and I'm still pissed about it after the tens of thousands of dollars I paid them over the years.
The same insurance on my GX, compressive with $1K deductible, dropped from $1,680 a year to $902 a year with USAA. I don't even want to think how much money I pissed away over the years by not checking out USAA or others along the way.
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- #6
After calling every provider in the country, the lowest rate with AVIVA Journey. This is the one where they track your driving habits. It was about 10% cheaper then the next available rate, which was about the same as my company offered. So, ultimately was waste of time to call around and check, but I had to be sure.
I am with Wawanesa in Canada who are commonly the cheapest, so it was not at all surprising I couldn't find a better rate.
I am with Wawanesa in Canada who are commonly the cheapest, so it was not at all surprising I couldn't find a better rate.
r2m
Richard
Have you looked into CAA: Canadian Automobile Association (CAA)
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- #8
After shopping southern absolute cheapest we could get was $2000 a year, which is close to double what it should/would be if it wasn't a "high theft vehicle"
That annual fee is with a higher deductible, no glass coverage, and TAG tracker installed
That annual fee is with a higher deductible, no glass coverage, and TAG tracker installed
r2m
Richard
Wellllll... If you all become our 51st state, you can get the cheaper insurance!
