Insurance Question

[ashee]

I just got my 2007-2008 forms in the mail and my premium went down, it works out to $10 less a month, just wondering how they decide what to lower your premiums to? Is it a specfic percentage every year you have a clean record or what?

[Speed_69]

Your insurance rates are abased on your driving class, record, experience, convictions, accidents and vehicle rate groups for collision and comprehensive.

[Masked Bandit]

Originally posted by Speed_69
Your insurance rates are abased on your driving class, record, experience, convictions, accidents and vehicle rate groups for collision and comprehensive.

You also forgot age, sex, marital status, postal code of residence (no, I'm not kidding), prior payment history and about 100 other things I can't think of right now.

[ca18det240sx]

yep, if you live in airdrie, youll pay about half of what you pay in calgary....just an example. My gf used to pay 1200$ a month in calgary, now that were in airdrie, it went down to 600

[PINOY-X]

1200 a month for insruance? :eek:

[ercchry]

Originally posted by ca18det240sx
yep, if you live in airdrie, youll pay about half of what you pay in calgary....just an example. My gf used to pay 1200$ a month in calgary, now that were in airdrie, it went down to 600

:eek:

did she kill a bus load of orphans or what?

[jdmakkord]

Originally posted by ca18det240sx
yep, if you live in airdrie, youll pay about half of what you pay in calgary....just an example. My gf used to pay 1200$ a month in calgary, now that were in airdrie, it went down to 600

Moving from Calgary to a Rural area saved us about 15% off of our premiums. Main reason being less likely hood of an accident or theft occurring. It doesn't cut the rate in half.

[Palmiros]

Originally posted by ercchry


:eek:

did she kill a bus load of orphans or what?

I lol'd

[dj_rice]

Originally posted by ca18det240sx
yep, if you live in airdrie, youll pay about half of what you pay in calgary....just an example. My gf used to pay 1200$ a month in calgary, now that were in airdrie, it went down to 600


I'm pretty sure he meant annually, cuz thats insane $14K a year :nut:

[Spoons]

Yeah... deffinantly per year. I don't care how rich you are, but 1200 a month doesn't go down easy...

[HiSpec]

Originally posted by dj_rice



I'm pretty sure he meant annually, cuz thats insane $14K a year :nut:

LOL i think thats how much to insure a Ferrari would cost.

[dj_rice]

Originally posted by HiSpec


LOL i think thats how much to insure a Ferrari would cost.



Probably, for us po folk, paying more for insurance than the car is worth :nut: :thumbsdow