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getting screwed by car insurance

Discussion in 'TRIBE Main Forum' started by stir-fry, Mar 21, 2002.

  1. stir-fry

    stir-fry TRIBE Member

    i just got my renewal form from my insurance company and my insurance has jumped from 2400 dollars to 4800 / year.

    i had 2 tickets a few years ago (but the three years has passed so they don't count anymore)..

    so last month I rear end a guy.. i probably caused about 300 dollars damage to his car (the bump was so light, that I didn't even need to get my car repaired), and instead of calling me and giving me a chance to settle it with cash, he goes straight to his insurance company and makes a claim against me.

    this one claim now makes me a young male adult, with a ZERO star rating ( i was at 5 stars before this)..

    does anyone out there have similar experiences, and any input as to what they did to get cheaper insurance??
    i tried calling a broker so far, and they could barely offer me a discount from the price quoted by RBC.

    I make okay dollars, but i refuse to pay almost 1000/month to drive a car, it just won't happen. (car loan + maint + insurance + gas = 1000/month)

    is there ANYTHING i can do ???
    any insurance companies that will give me a break ?

    please, i'm DYING over here.
  2. Jazz

    Jazz TRIBE Member

    Was in a similar situation to you when I had to renew my insurance... I was paying $2000 a year, and then they jacked it to $3500 because of a conviction... I thought I was fucked, so I checked the insurance hotline and they quoted me $2600 from Nacora Insurance Brokers (under Echelon General). It ended up being only $2200.

    You can try Nacora: 905.502.0300

    Or try getting a quote through the insurance hotline, they check all the insurance brokers to get you the best rate:

  3. djcheezwhiz

    djcheezwhiz TRIBE Member

    just experienced something similar back in january...last year i had my car stolen (from the garage were it was getting work done on it) & broken into at the Go train stn (stereo gone, window smashed in...not my fault again)...

    i get my renewal, up to almost 2k from just over 1k per year which included a 40% surcharge for 2 minor tickets almost 3 years ago (ie 15km'h over the limit) ...in addition my deductible is now up to $500...i haven't had time to look around for another insurance company yet, but you have to wonder sometimes...

  4. orange richie

    orange richie TRIBE Member

    I agree with trying the hotline, that's where I found my new insurance company. I pay $900/year!

    Rickardo Belmiro de la Cruz...
  5. xlr

    xlr TRIBE Member

    Know how feel, been there before, two years ago I had an accident that was 100% my fault, both cars where a write off, I got a ticket for that accident which compleminted my previous speedind tickets nicely, when I called my insurance, they told me they no longer need my business at all, so I called around and ended up a Wawanesa- if it is your firat accident, they won't count it against you, pretty neat.

    - by the way, usually it is not the damage on the car that the insurance companies care about, they sell the car for salvage anyway, it is the liability.
  6. stir-fry

    stir-fry TRIBE Member

    insurance hotline just quoted me at 4700/year
    thats a whole 100 bucks cheaper

    FUCK ME!
  7. Bumbaclat

    Bumbaclat TRIBE Member

    I think the insurance company just did. :)

    I'm looking into insurance myself right now. Apparently my biggest mistake as a driver was being born in 1978 as opposed to 1976 (I'm 23 not 25).


    when I was 21 those fuckers wanted 6G's for a MINIMAL policy on a Prelude. That's why none of you will remember me ever driving the car I've always wanted.

  8. Fir3start3r

    Fir3start3r TRIBE Member


    What the heck are you guys driving???
  9. C-NiCE

    C-NiCE TRIBE Promoter

    I am going through the same thing right now trying to get insurance on a new car and I was just quoted $5200! It seems I am guilty of being 22, single and male.

  10. Bumbaclat

    Bumbaclat TRIBE Member

    Chris - maybe it's time you got married?..... or a sex change?

    hmmmm... or just stick it out until you turn 25. :)

    $5200 sucks though. what are you repalacing the Acura with?

  11. Cheeka

    Cheeka TRIBE Member

    word :D!
  12. Loopster

    Loopster TRIBE Member

    Just a quick thought ... but try Monnex. When I was shopping around last year, they were the cheapest by far.


    p.s. I think being a male < 25 (I'm assuming you are), you're going to get screwed no matter *where* you go, but at least you can try to keep the damage to a minimum at Monnex.

    Good luck! :)
  13. C-NiCE

    C-NiCE TRIBE Promoter

    Or I can just tell the insurance agent I'm a 55 year old woman trapped in the body of a strapping young male. That'll work.:rolleyes:

    Anyone looking to marry for money? Anyone on Tribe a Russian mail order bride? Suggestions people!

  14. futronic

    futronic TRIBE Member

    If you're a male under the age of 25, need to be the primary driver on a vehicle, and have tickets and/or accidents, you're pretty much screwed. If you were with a broker in the first place, they might be able to talk to your insurer and reduce the rates, but in experience, a direct writer is less likely to do that since you never deal with the same agent and haven't developed a relationship with him/her.

    Sorry to say it man, but I think you're gonna be taking the TTC for a bit.

    -- Jay aka Fut
  15. Loopster

    Loopster TRIBE Member

    Careful, C-NiCE ... not all Russian mail order brides look like Nicole Kidman in her most recent acting endeavour .... :p You just never do know what you're gonna get ... perhaps there are worse things than hefty insurance rates ... ;)
  16. swenard

    swenard TRIBE Member

    I pay $1200/year for me and my girlfriend on a brand new car plus our house!

    I used the insurance hotline as well!

    Shawn<---23/m single
  17. Bumbaclat

    Bumbaclat TRIBE Member

    I thought you'd like that one. :)

  18. nusty

    nusty TRIBE Member

    get a bike? i dunno.;)

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