Yeah , the "value " of my 2001 is probably in the 2K range ...I don't have collision on it but that didn't drop it very much .

I think they just want us to Bend Over .

T

I guess what's bothersome , Dave , is I don't have any control with adjusting it . When gasoline prices shot up , I walked and used my bicycle more ...kept my costs the same . When food prices skyrocket , I find ways of keeping my costs in check , but with car insurance , there doesn't seem to be an answer ....and I'm not even getting anything tangible with car insurance .

T

-- Edited by teejay99 on Friday 4th of April 2014 09:37:42 AM

weather it is your fault or not you are required by your insurance company to report any incident to them.  i found this out the hard way alot of years ago

years ago my nephew a new driver was driving down the road in town here driving at the speed limit cop car following him.they approached a green light where a young man was standing on sidewalk as they got right on top of young man he ran into traffic against light nephew swerved to avoid him could not body came through windshield.cop following saw the whole thing did not charge nephew with anything as he did everything to avoid hitting him.car was totaled when came time for renewal of insurance they told my brother as he was the insured that they wanted 5000 to renew policy and nephew would not be allowed to drive under policy.it was determined that young man had a will in his pocket and was determined to end his life.the insurance company at that time paid the family of dead man 10,000 this was common practice at time no matter of fault being assigned to driver.brother did not file suit as he felt family had suffered enough in doing so he lost his insurance had a hell of a time finding new company.at the time his policy with nephew was a little over 400 nephew left traumatized for years for something he had no control over.I cannot remember how many years my brother paid high rates at least 5 years

Yeah , as if .

Terry,
It pays to shop around very 3-5 years, was with State Farm for 40 years and the rate just kept going up without any reason.It didn't matter how many miles to work and even after retiring the rate didn't drop. Changed insurance companies and rate drop $200/year. Purchased a new car and the rate actually dropped.

Gotta think that the good drivers are paying for the bad/problem drivers .....just the way it is I guess .

I've learned my lesson also; I was with the same broker for over 20yrs, I never had any accidents or tickets, etc...always had at least three vehicles plus house insurance...The first claim I try to put in after all these years of paying, they denied the claim, under some bogus "cause".
I then started shopping around, well the first call saved me close to 20%, right off the bat. I've been with them for less than a year, and they are already calling, to see if I'll renew. The renewal rate will be 15% less.

I dreaded having to shop around, I hate making phone calls, and all the BS associated with it. I lucked out on the first call, maybe I could have got an even better price, if I would have made a few more calls, but I was happy with the initial savings.

well i think its also time to shop around being with State Farm for 30+.
I have been treated well but i need to see what other options i have with 4 cars and house.
The biggest gripe i have is WE need to have insurance to drive on the road but we all deal with private companies that have share holders....
We are dealing with a neccesity,so its like being handcuffed into a payment.
When is the breaking point of the average person to pay for the rates they demand?
As stated above this industry needs to have its buisness plan examined and not make profits off the public while the fat cats make great residule monthly checks on there investments....

teejay99 wrote:

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Is there a conspiracy out there to shaft everyone on car insurance ? ...sure seems like it .

 

-- Edited by teejay99 on Friday 4th of April 2014 08:52:10 AM

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 Not just auto insurance

Shop around for home insurance with specific flood coverage or if you have or are putting in a woodstove

 

 

My 19 year old just got his G 2 so we called the insurance to tell them he was driving. They told us he would have to be insured on the most expensive car. It turns out our 06 Caravan is worth less than the 1967 VALIANT (the wifes not happy). Anyway they said he would have to be insured on the Valiant. When we mentioned the insurance on the Valiant stated no one under the age of 25 is aloud to drive it according to there rules they told us they would look into it.

-- Edited by workin class on Saturday 5th of April 2014 04:00:46 PM

Just went through this with the insurance on my T. A good friend suggested I call Zehr insurance so I did. My family car is a lease vehicle from the company I worked for before retiring 13 years ago (so it's not in my name) and I had one claim for damage that was done while the car was parked. In fact it was hail damage. I was refused insurance because of these two issues. Another buddy recommended John Charno at Crosslands in London and he turned out to be cheaper than Zehrs plus the coverage was greater. He has my business from now on.

Here's one for you guys...

In the year 2000, I turned 18. I wanted a muscle car, but being an 18 year old male, it wasn't an option, even though I had my own inssurance for a year and a half, the price to inssure a mustang or camaro and the like was almost 4000$/year. If I couldn't have a muscle car, I would settle for at least a mid 80's rear wheel drive V8 car. I found a 1983 Cutlass Supreme 2 door Coupe. Nothing special, Brouham interior, colunm shift, bench seat, 307CID...

I bought it and inssured it. Was the same price I was paying for my 1990 S10. Life was good.

I drove the car for 2 years as it was. It was probably the cleanest G-Body you ever seen. It was my pride and joy, seeing as I was going to College to be a mechanic, the car ran better than a new one and I loved it.

Winter of 2002, I bought a 327SBC from a '65 Corvette, I re-sealed the engine, ported the heads, new intake, Carb, Headers...
I built a 700r4 for it, and changed the rear gear ratio to 3.55:1. Spring came, and I yanked the 307/200r4 and installed the 327/700r4, along with the new gear set.

I never took the inssurance off the car this whole time. The Cutlass ran strong and I was happy with it. I finally had a muscle car! My plan was to get the car appraised, and adjust the inssurance accordingly, so I sat down with my broker, but she said the policy was comming due in October 2003, and I could do my changes then. I agreed and went home. This was August.

Let me tell you that this whole time, I had never even gotten a single speeding ticket, let alone an accident.

October 2003 came, and I got my policy renual in the mail (or so I thought). It was a CANCELATION!!!

Apperently, in Ontario, if you are not 25 years old or older, and you own a vehicle that is 20+ years old, they do not have to inssure you, and can cancel your policy without telling you. And that's what happened. Now we all know what happens when your inssurance gets cancelled...You become a high risk driver.

I put the car in storage for the winter uninssured, and shopped around. I was driving that 1990 S10 for the winter, at 2700$/year because of my cancelation!

I finally found a company that would inssure a 22 year old male with a 20+ year old car, that was a High Risk Driver...Brace yourselves...6700$/year for a 1983 Cutlass Supreme. I inssured it for a month, then cancelled, and drove inssurance-less for the rest of that summer, and two following summers, until I finally sold the car. It took 5 years for my rates to come down to normal, all because I wanted a descent cruiser to drive.

Dan

Looking back now I guess I was lucky to have never gotten caught driving inssurance-less...

I can't complain now. I still never had an accident, and I only have a couple minor speeding tickets in the 16 years I've been driving...

My House, 2013 F-150, 2008 Honda ATV, 1996 and 2009 Snowmobiles, and my Motorhome, combined I pay 3500$/year in inssurance.

Dan

Two weeks ago our youngest son was travelling to London. He was in the outside lane, on cruise, trying to leave space - that was immediately plugged by some *sswipe in a hurry.

He was heading for the ramp to the Redhill when a Hamilton public works pick-up truck hammered the binders directly in front of him - for no apparent reason (we figure he was answering his cell and didn't get off the roadway enough). The passenger side front of our son's BRAND NEW car met the drivers side rear corner. The fellow behind our son narrowly missed his rear, swerved around both vehicles and tossed his coffee at the pick-up driver and kept going. We found out days later this fellow( 3rd vehicle) is an acquaintance of our son, although they didn't realize it at that moment.

Took the Cops forever to arrive but before they did they wanted him to drive the car on the highway, over the Burlington bridge to the Cop shop to do the paperwork. Our son said, " are you nuts?, the car's ruined, call a tow truck"
Later our son said if I was to drive a P.O.S. on the highway the Cops would be all over me, but here they are asking me to drive an unsafe vehicle. Morons.

He wasn't charged but found at fault (typical easy out for the Cops). His new vehicle required over $10,000 to repair. His Insurance sky-rocketed. He's seriously pissed.

And the Province wonders why people drive with lapsed stickers and no Insurance.

Klink wrote:

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If you are uninsured you cannot make a claim against the other guy even if he is totally at fault because you are not paying your share. Check out the farmer that got run over on his 4 wheeler, because the 4 wheeler can be registered as an off road recreational, it cannot be a farm vehicle.

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 A member since July, 3 posts, no intro?

not sure but if driveing without ins you might be held entirely responsiable even if it was entirely the other driver's fault as there's no way your ride should have been on the road in the first place

years ago a buddy drove part of his shin bone out of his leg at the knee after driveing his bike into the rear corner of a cordoba bumper

granted he did run into the back end of the 'doba so there wasn't much to argue about there