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      03-17-2020, 01:37 PM   #1
canadaeh89
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Car Insurance GTA (Ontario)

Hey everyone,

Got two quotes from insurance company for a 2018 BMW M2 in Mississauga for around $200/month. Is this reasonable?

I was paying about $160/month for my M235i so just wondering if this is in the ballpark of what most ppl are getting. Or any insurance company recommendations?

Thanks
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      03-17-2020, 01:53 PM   #2
S2kM2dan
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I was paying

$145
29 yr old
Ajax
0 tickets
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      03-17-2020, 01:55 PM   #3
canadaeh89
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Quote:
Originally Posted by S2kM2dan View Post
I was paying

$145
29 yr old
Ajax
0 tickets
I'm 30 with 0 tickets, I'm not sure if being in Mississauga affects it that much.
Do you mind sharing your company? Thanks
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      03-17-2020, 09:42 PM   #4
M2Cmtl
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Jesus insurance is expensive in Ontario...I will be paying 95$ per month when I get my M2C...or if (Covid...)
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      03-17-2020, 11:13 PM   #5
S.111
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Quote:
Originally Posted by S2kM2dan View Post
I was paying

$145
29 yr old
Ajax
0 tickets
Thats pretty good. Iím paying $178 with multiple discounts, 29 with no tickets in Halton. I paid that much for my 320xi back in the day!
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      03-17-2020, 11:16 PM   #6
S.111
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Quote:
Originally Posted by f31mtl View Post
Jesus insurance is expensive in Ontario...I will be paying 95$ per month when I get my M2C...or if (Covid...)
Insurance in Quebec is really cheap. I was living in Monteal and had a 328i when i started driving. My insurance was $100. When I moved to Toronto the next year, I transferred my 328 to a friend and bought a Honda Accord here. I paid $240 for my Accord in Ontario. In case you are wondering, thats the reason why I didnít keep my Bimmer. LOL. The insurance premium on the 328 was almost $300 at that time!!
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      03-17-2020, 11:18 PM   #7
S.111
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Quote:
Originally Posted by canadaeh89 View Post
I'm 30 with 0 tickets, I'm not sure if being in Mississauga affects it that much.
Do you mind sharing your company? Thanks
It actually does. Insurance in the Peel region is 20-30% higher than regions like Halton. Try RBC or Sonnet. They are generally cheaper. Also, what is you liability amount?
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      03-18-2020, 03:26 PM   #8
Mister RK
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In my 30's and I pay around $130 per month through TD. My auto insurance is bundled with my home insurance for some extra discount. You can try getting a free quote from them through their online webtool. Just search on Google "TD insurance quote" and it should be the first link that pops up.
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      03-19-2020, 02:10 PM   #9
S2kM2dan
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Quote:
Originally Posted by canadaeh89 View Post
I'm 30 with 0 tickets, I'm not sure if being in Mississauga affects it that much.
Do you mind sharing your company? Thanks
Johnson
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      03-21-2020, 04:30 PM   #10
NO3PUTT
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People that ask about insurance rates don't understand how insurance rates work. Insurance is such an individual thing. These threads are ridiculous.
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