Does US Driving experience help in reducing Insurance.


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JRF   
Member since: Jul 04
Posts: 1853
Location: GTA, Ontario

Post ID: #PID Posted on: 07-03-06 14:41:55

Hi,

I got some questions regarding Insurance..

- I just moved recently from US, exchanged my US license with a Ontario's G-License.
- I am looking to buy a Used Honda Civic/Corolla around 96-98 Models.
- I have more than 6 years of driving experience in US, does that help in getting a better insurance quote.
- I am a family person with a child. Family status and profession used as a factor to reduce the Insurance Price in U.S.., is it the case with Canada too?

I am seriously thinking of buying from Dealer (despite a 7% additional cost), because, they atleast make sure the essentials with the vehicle so that it runs OK.

- If you know some good dealers, or their representatives, Please let me know.

- If any one on the board is a dealer/rep, please PM me with details.


Regards,
J.


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The cowards never started,
The weak died on the way,
Only the strong arrived.
http://www.youtube.com/watch?v=_yK1i9cLAMM


dimple2001   
Member since: Apr 04
Posts: 2873
Location: Western Hemisphere

Post ID: #PID Posted on: 07-03-06 14:56:45

Quote:
Orginally posted by JRF

- I have more than 6 years of driving experience in US, does that help in getting a better insurance quote.




I believe it does. TD quoted me about 5k/yr for 2 cars with just ON license and about $3k/yr if my US driving experience could be included.

The key is that you may have to prove your driving and insurance claims history through your US insurance provider and DMV records (which sometimes is a pain in the butt).

Hope this helps.


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Dimple2001


l5a   
Member since: Jan 05
Posts: 219
Location: Mississauga

Post ID: #PID Posted on: 07-03-06 15:16:36

Quote:
Orginally posted by JRF
I am seriously thinking of buying from Dealer (despite a 7% additional cost), because, they atleast make sure the essentials with the vehicle so that it runs OK.



No intention to plant doubts, but also keep in mind that not all dealers are trustworthy. I saw a news report on CTV few months back. The reporter showed how dealers try to sell a car claiming to be previously owned by an old lady. But then the reporter pointed out few things in the car that clearly showed that it was used as a cab.

But I see your point. After sale, dealers just can't run away. You can also go for extended warranty from the same dealer.

Besides this, you are not a novice first time buyer :)



maple_asian   
Member since: May 04
Posts: 272
Location: Toronto

Post ID: #PID Posted on: 09-03-06 02:28:17

Quote:
Orginally posted by JRF

Hi,

I got some questions regarding Insurance..

- I just moved recently from US, exchanged my US license with a Ontario's G-License.
- I am looking to buy a Used Honda Civic/Corolla around 96-98 Models.
- I have more than 6 years of driving experience in US, does that help in getting a better insurance quote.
- I am a family person with a child. Family status and profession used as a factor to reduce the Insurance Price in U.S.., is it the case with Canada too?

I am seriously thinking of buying from Dealer (despite a 7% additional cost), because, they atleast make sure the essentials with the vehicle so that it runs OK.

- If you know some good dealers, or their representatives, Please let me know.

- If any one on the board is a dealer/rep, please PM me with details.


Regards,
J.




You driving history would certainely help (Assuming you have good driving history). Also if you can get no claim certificate from your US insurance company that will get you good discount.


JRF   
Member since: Jul 04
Posts: 1853
Location: GTA, Ontario

Post ID: #PID Posted on: 09-03-06 09:26:47

Thanks to all of You..


-----------------------------------------------------------------
The cowards never started,
The weak died on the way,
Only the strong arrived.
http://www.youtube.com/watch?v=_yK1i9cLAMM


pratickm   
Member since: Feb 04
Posts: 2831
Location: Toronto

Post ID: #PID Posted on: 09-03-06 10:44:50

I believe in most cases, you should try and transfer your coverage through your US insurance company, assuming they do business in Canada.
If that is the case, they usually carry forward all the discounts, driving record, etc.
You won't have to worry about getting driving abstracts, no claims certificats, etc.


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"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."

-- Rhett Butler in "Gone with the Wind"


ramrao   
Member since: Apr 06
Posts: 124
Location:

Post ID: #PID Posted on: 12-04-06 12:42:16

Hi,
Do you know which US insurance company operates in Canada?
Please name a few.
I heard State Farm operates in both the countries.

Ram


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Desi Lion




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