auto insurance


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Gokul   
Member since: Dec 03
Posts: 12
Location: Toronto

Post ID: #PID Posted on: 14-07-04 19:46:13

Hi,

I just recently bought 1991 Toyota corolla and I have G2 licence..I am paying $265 for third party coverage thro' RBC insurance (no bad records at all..recent immigrant from India)...is the insurance premium what I am paying is ok or someone is telling me that If I have included my name in any group insurance...then it will be only like $140 a month..do someone know how the group insurance works...or do any one any insurance company which offers a cheaper insurance..if someone reply me...i would be thankful to them..gkannatnau@hotmail.com.......bye
Gokul



smartguy   
Member since: Aug 03
Posts: 446
Location: CaNaDa

Post ID: #PID Posted on: 15-07-04 07:33:17

Quote:
Orginally posted by Gokul

Hi,

I just recently bought 1991 Toyota corolla and I have G2 licence..I am paying $265 for third party coverage thro' RBC insurance (no bad records at all..recent immigrant from India)...is the insurance premium what I am paying is ok or someone is telling me that If I have included my name in any group insurance...then it will be only like $140 a month..do someone know how the group insurance works...or do any one any insurance company which offers a cheaper insurance..if someone reply me...i would be thankful to them..gkannatnau@hotmail.com.......bye
Gokul


Gokul,
I would say " u r lucky"


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YoursTruly   
Member since: Jul 04
Posts: 274
Location: Brampton

Post ID: #PID Posted on: 15-07-04 09:11:51

Auto insurance premium varies from one company to another, sometimes by as much as 100% or more. Therefore, it is always a good idea to shop around.
There are many websites that can do it for you.
I tried http://www.insurancehotline.com." rel="nofollow">LINK While you pay to get an actual quotation but the site would immediately tell you the lowest quotation from among nearly 30 insurance companies.
Armed with this vital information you will be a smarter shopper.


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Man's Best Friend :H


Whistler   
Member since: Mar 04
Posts: 56
Location: Trrrrrrronto

Post ID: #PID Posted on: 15-07-04 11:12:30

Hi Mr.Gill,
Thanx for that site - quite useful !

Rgds.



chandresh   
Member since: Mar 03
Posts: 2606
Location: Toronto

Post ID: #PID Posted on: 15-07-04 12:16:34

Gokul,

In my opinion, you are paying a bit too high - I do not know the reasons though.

When I came here as a new immigrant and took up G2 in 2000, my premium for comprehensive coverage for a 1997 Camry was about 185 per month.

Another friend of mine came here in 2002, bought a 96 Corrolla and his comprehensive coverage was just about 200 pm.

You should definitely shop around. Try Liberty Mutual or State farm.

Chandresh


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Chandresh

Advice is free – lessons I charge for!!




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