I just received my car insurance renewal. Premium dropped from $142 to $111per month.
Since there's a new legislation cutting down on insurance payouts and medical care I am wondering if reduction is down due to that OR my 10th anniversary of perfect driving.

Anyone else had a drop in premiums? (Ontario)

 

Driving record could have something to do with it. Mine just went down again, but that could be due to the age of the car. It ain't my driving record because I have a speeding ticket and an accident (not in the G) in the past year, LOL!

 

something must have kicked in for you for rates to drop.

It's not always easy to rationalize what the insurance industry does.
e.g. my M Coupe was cheaper then my G

 

Man, what I'd do to pay 100$ a month on insurance.

 

i got increase on both mine and my brother-in-laws' (50bucks a month) we did not have any extra tickets or claims, lucky u , u got a drop, i dunno why belair keeps increasing theirs.

 

I'm 20 and only pay 1300 a year for full coverage on my G35.

 

i am gonna guess your father is the main driver(probably 20-25 yrs good driving record) and they live out of town(not in GTA)

 

yeah actually it's in the Tennessee. I am primary driver as my dad is primary driver on a lexus ls460. I just get discounts for having my car in my parent's name. (btw my driving record is leaps and bounds better than my dad's for the passed 5 years. he's had 8 tickets in the past 3 alone. I have only had 1 since I got my license) the biggest discount I get is multicar though. There are a total of 11 cars on the plan so my little g35 ends up being pretty cheap. my wife's camry is only 300 a year though if that gives you an idea of how much of a discount we get for leaving our cars in their names.

 

^ well 11 cars,then its normal

besides thats US, don't you know we Canadians are proud of paying more for no reason, it's just the way things are here, lol, u lucky Americans

 

lol. I'll keep that in mind when I head up there again. Toronto was pretty nice last time I was up there. I enjoy the more friendly people than down here in tennessee. There is a lot I like about canada though. Victoria is expensive as hell though... might be moving to where I could take a ferry and be in victoria anytime, but it's just expensive.

 

M coupe is cheapest of 3 vehicles here.

 

Is that because you have it off the road for some of the year Deane?

 

No the annual rate is cheaper irrespective of the off road storage, it's the same thing for me.

 

Excellent, that's a fantastic benefit for you guys.

 

lol... one of the few when it comes to $$