03-17-2020, 01:37 PM | #1 |
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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 |
03-17-2020, 01:53 PM | #2 |
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I was paying
$145 29 yr old Ajax 0 tickets
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2018 ///M2 | LBB | 6MT | LED | 2019 Mod Wait-List: Wagner 200Cell DP | M Mirrors | M Performance Spoiler | Eibach Springs |
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03-17-2020, 01:55 PM | #3 |
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03-17-2020, 09:42 PM | #4 |
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Jesus insurance is expensive in Ontario...I will be paying 95$ per month when I get my M2C...or if (Covid...)
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03-17-2020, 11:13 PM | #5 |
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03-17-2020, 11:16 PM | #6 |
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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 didn’t 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 |
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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 |
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Drives: 2018 M2 LCI
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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 | |
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with alumni discount
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Brought Home - Apr.27.2018
2018 ///M2 | LBB | 6MT | LED | 2019 Mod Wait-List: Wagner 200Cell DP | M Mirrors | M Performance Spoiler | Eibach Springs |
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06-09-2021, 12:00 AM | #11 |
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Hey man! If you're looking to explore more options to get possibly lower rates, I highly recommend you check out https://www.surex.com/Insurance/auto-car/ontario. It's an online insurance brokerage site that could help you get multiple quotes from the leading auto insurance providers so you can make an easy comparison from there in terms of price and coverage inclusions. It's where I get my insurance from and so far I have no complaints and I've always had a smooth and transaction with their insurance advisors. Hope this helps!
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06-09-2021, 07:17 AM | #12 | |
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Gta rates are fairly high compared to rural areas. For what it's worth though, $163/month with an accident in 17, and in 09. No convictions. Halton region The m2 was $100 more than a 230, and $40 more than a 240, for the year. Shop around as much as you can Last edited by Djphonics; 06-09-2021 at 07:21 AM.. Reason: Additional info |
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06-09-2021, 08:21 AM | #13 |
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We are planning on moving back to Canada in about 3 years and have been living in the US for about 15 years. Hearing crazy stories about how high our insurance premiums will be given the lack of history, and the clean US driving record means nothing. Better start saving my pennies now and hope for a good forex rate when we move back
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06-11-2021, 08:15 AM | #14 |
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07-20-2021, 08:25 PM | #15 | |
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