getting screwed by car insurance

[stir-fry]

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.

 

[Jazz]

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:

http://www.insurancehotline.com

 

[djcheezwhiz]

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...

jc

 

[orange richie]

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

Rickardo Belmiro de la Cruz...

 

[xlr]

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.

 

[stir-fry]

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

Rickardo Belmiro de la Cruz...

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


FUCK ME!

 

[Bumbaclat]

Originally posted by stir-fry
FUCK ME!

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).


boo-urns!



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.

Bumbaclat

 

[Fir3start3r]

Wow....

What the heck are you guys driving???

 

[C-NiCE]

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.

Chris

 

[Bumbaclat]

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?

Bumbaclat

 

[Cheeka]

Originally posted by Bumbaclat



Apparently my biggest mistake was being born in 1978 as opposed to 1976 (I'm 23 not 25).

Bumbaclat

word !

 

[Loopster]

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

L.

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!

 

[C-NiCE]

Originally posted by Bumbaclat
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?

Bumbaclat

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.

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

Chris

 

[futronic]

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

 

[Loopster]

Originally posted by C-NiCE

Anyone on Tribe a Russian mail order bride?

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

 

[swenard]

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

 

[Bumbaclat]

Originally posted by Cheeka


word !

I thought you'd like that one.

Bumbaclat

 

[nusty]

get a bike? i dunno.