My son is 20 had 3 very minor tickets and is paying an outragious amount of insurnace
by Judy
my son is 20, he has had 3 very minor tickets, and is paying a ridiculous premium. 500 dollars a month, his first ticket will be off finally in Jan 2012. In the mean time he was trying to keep up with his payment and was canceled twice for non payment. I am trying to help him out by having the premiums come out of my bank account, but the broker says no way he will have to pay the full premium. That is unreal. Son With Three TicketsHi Judy Thanks for asking ... Your anger is certainly understandable. It's a frustrating situation to be in. Most, if not all insurers do not accept clients with three or more tickets in the past three years. So your son is likely with a high risk carrier (read more about this at: High risk insurance Ontario ) With a cancellation for non-payment, it will be very difficult to find an auto insurer in Ontario that will offer monthly payments. His best bet will likely be to go for a 6 month policy. To save money, he will need to shop around. It wouldn't surprise me if he could save about $1000 per year if he got enough quotes. Try here: Other Pages of Interest car insurance in Ontario Canada Car Insurance Canada Car Insurance Quote Canada Auto Insurance Questions Note: Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility. Make sure you review the "please read" page. Click here to read or post comments. |