GTA:How much do you pay for insurance in ON?

f30Seth · 07-01-2008, 06:58 PM

I'm in a dilemma of whether I should move or shouldn't move to Toronto from Van. It's a dramatic change since I have so many things settled down here already plus the recent delivery of my car. I'd have to punch insurance diffeerence into my moving expense calculation and etc.. So i'm gonna have to ask you people in Ontario(especially, people in Toronto) how much you guys are paying for insurance for your e90/e92. I know that e92 is going to cost more than e90 to insure. Can you please state what company you're using to insure your car, your age, and your total # of years driving(/w or /wo accidents)
It would help me a lot in estimating my moving expenses, and atm I'm leaning more towards to not moving since i'm lookiing at roughly 4k~5k for the moving without taking insurance into considertation. If Anybody can give me an advice in moving to far place. I would be really grateful!
Thanks in advance!

P.S- I'm paying almost 3.3k for insurance here with full coverage(300 deductable), and a full driving license. I'm 23.

CurlyFatAngry · 07-01-2008, 07:03 PM

Do a quick search, there was a thread about this a month ago or something.

For me it's 252/mo 30 yrs old, full G. No previous insurance history in Canada. BellAir direct.

f30Seth · 07-01-2008, 07:14 PM

damn okay..
i did my serach and am surprised to see some people paying much less than what i'm paying here..I thought ON's insurance was expansive..

nospleeny · 07-01-2008, 07:15 PM

I pay $203 a month for my 06 TL and $175 a month for my 08 335xi coupe.

picus · 07-01-2008, 07:17 PM

$1790/yr for 335, 1410 for cooper s. I'm 29, no claims. I got a discount @25 then at 13 years w/license. Also get 10% discount because homeowners is with them. RBC fwiw.

CurlyFatAngry · 07-01-2008, 07:22 PM

Kanetix is your best friend http://www.kanetix.ca/

f30Seth · 07-01-2008, 07:27 PM

Quote:

Originally Posted by CurlyFatAngry

Kanetix is your best friend http://www.kanetix.ca/

WOW CURLY JUST THE SITE I NEEDED.
I WAS GOING TO ASK FOR THIS KIND OF SITE
THANKS! MAN!
U DA MAN

f30Seth · 07-01-2008, 07:28 PM

gosh if auto insurance and my moving expense comes out to be okay..
I will have my car detailed by Picus RIGHT AWAY!!

G-Mach1 · 07-01-2008, 07:39 PM

Can I ask you why are you thinking of moving? Is it because of your job? If so what industry you are in?
I asked that because I lived in both TO and Vancouver. Personally I prefered TO. Also in my line of work (IT) there are lots of jobs in TO. So if you are thinking about moving because of job, I will say go for it. What ever said and done TO is the business capital of Canada.
Good Luck

f30Seth · 07-01-2008, 07:45 PM

Quote:

Originally Posted by G-Mach1

Can I ask you why are you thinking of moving? Is it because of your job? If so what industry you are in?
I asked that because I lived in both TO and Vancouver. Personally I prefered TO. Also in my line of work (IT) there are lots of jobs in TO. So if you are thinking about moving because of job, I will say go for it. What ever said and done TO is the business capital of Canada.
Good Luck

Agreed, I'm in my 3rd year of my post secondary education and my major is Management. I see all my friends going to Toronto for Coops, and I feel that it's much more live in Toronto, and I plan on starting my career as soon as my school's finished. I'd want to be in a place where there are lots of job opportunities with live industry.(Btw, I lived in Toronto a few years back)
I appreciate that you're encouraging me to move! and will seriously consider it in next month or two.

Take care

pokerface · 07-01-2008, 07:45 PM

canetix is quoting me at about 110 per month for my E90.. i currently pay about 97 a month coz i have a Camry Hybrid as a daily.. but its pretty good.

good luck on your move.

CurlyFatAngry · 07-01-2008, 07:59 PM

Quote:

Originally Posted by e92says

WOW CURLY JUST THE SITE I NEEDED.
I WAS GOING TO ASK FOR THIS KIND OF SITE
THANKS! MAN!
U DA MAN

Anything I can do to help

It's funny that you're moving out of Vancouver, I was thinking of doing the opposite, just want to go for a visit first.

f30Seth · 07-01-2008, 08:41 PM

The cheapest quote I'm getting from Kanetix.ca is 4900 from KTX Insurance Solutions.
I wasn't expecting that it would be in 2000~3000range, but I'm wondering if there are companies who do better than KTX Insurance Solutions/BellAir direct. I can't really get quotes from other sites since I don't have ON license or ON address to get quotes with.
How is Geico? They always how ppl save through switching over to them.

CurlyFatAngry//
Yeah Vancouver is a beautiful city! Definitely an option to consider when you are looking at your senior age ! ROFL!!
Pros - Beautiful weather during summer, friendly people
Cons - Read pros again.

picus · 07-01-2008, 09:36 PM

I was with KTX before RBC, a few things if you go with them. They are brokers, which is fine, but that means no direct dialogue with the insurer if you need a claim, all through the broker. It also means billing is kind of messed up. We went through 4 different contacts in 2 years (people leaving KTX). I got sick of it and finally left when they sent my renewal this year and my rate had gone up over $1,000 a year. Called RBC and they quoted me $3200 for both cars (335 and cooper s) compared to $4320 from KTX.

G-Mach1 · 07-01-2008, 10:42 PM

Hey
Good luck with your move.
Try TD Insurance. When I lived in TO I was with Direct Protect. They quoted me the lowest. I paid 350/month for a Acura Integra at the time. Keep in mind I was a new driver at the time.
Try to find a agent for Aviva insurance. They seems like a pretty reasonable insurance company.

Joekerr · 07-02-2008, 12:15 PM

Direct Protect is now the "Co-operators" btw. I'm with them. My insurance is apparently going to be about 2200 or so as of next year...right now its still 1700 b/c I'm a group client and so when I got the new car they said they wouldn't up the fee till next year (good news for me). But then I've got home insurance and a professional discount so my rates aren't really the standard rates. I'm 26, only one small ticket, no accidents, full license.

victor328 · 07-02-2008, 12:46 PM

Mine is going to be $ 1825 per year and I'm with CAA. Not bad I think, plus in the first 2 years if the car is stolen and not recovered or if it's totalled, I get what I paid for the car, not what the car has depreciated to. Also have what CAA calls "forgive and forget" which means that your first at fault accident won't affect your rates, or something like that lol

07-01-2008, 06:58 PM	#1
f30Seth Futuristic 23 Rep 774 Posts Drives: f30 328i AW Join Date: Dec 2007 Location: Seoul, Toronto iTrader: (1)	GTA:How much do you pay for insurance in ON? I'm in a dilemma of whether I should move or shouldn't move to Toronto from Van. It's a dramatic change since I have so many things settled down here already plus the recent delivery of my car. I'd have to punch insurance diffeerence into my moving expense calculation and etc.. So i'm gonna have to ask you people in Ontario(especially, people in Toronto) how much you guys are paying for insurance for your e90/e92. I know that e92 is going to cost more than e90 to insure. Can you please state what company you're using to insure your car, your age, and your total # of years driving(/w or /wo accidents) It would help me a lot in estimating my moving expenses, and atm I'm leaning more towards to not moving since i'm lookiing at roughly 4k~5k for the moving without taking insurance into considertation. If Anybody can give me an advice in moving to far place. I would be really grateful! Thanks in advance! P.S- I'm paying almost 3.3k for insurance here with full coverage(300 deductable), and a full driving license. I'm 23. __________________ 2007 E92 335i Jet Black -RETIRED- 2013 F30 328i Alpine White
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07-01-2008, 07:03 PM	#2
CurlyFatAngry Lieutenant 18 Rep 509 Posts Drives: his BMW as much as he can ! Join Date: May 2008 Location: Toronto iTrader: (0)	Do a quick search, there was a thread about this a month ago or something. For me it's 252/mo 30 yrs old, full G. No previous insurance history in Canada. BellAir direct.
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07-01-2008, 07:14 PM	#3
f30Seth Futuristic 23 Rep 774 Posts Drives: f30 328i AW Join Date: Dec 2007 Location: Seoul, Toronto iTrader: (1)	damn okay.. i did my serach and am surprised to see some people paying much less than what i'm paying here..I thought ON's insurance was expansive.. __________________ 2007 E92 335i Jet Black -RETIRED- 2013 F30 328i Alpine White
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07-01-2008, 07:15 PM	#4
nospleeny Captain 21 Rep 970 Posts Drives: 2012 528xi Join Date: Feb 2008 Location: Toronto iTrader: (0)	I pay $203 a month for my 06 TL and $175 a month for my 08 335xi coupe.
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07-01-2008, 07:17 PM	#5
picus Brigadier General 125 Rep 4,172 Posts Drives: e92 SG 335i Coupe Join Date: Jun 2006 Location: Toronto, ON iTrader: (0)	$1790/yr for 335, 1410 for cooper s. I'm 29, no claims. I got a discount @25 then at 13 years w/license. Also get 10% discount because homeowners is with them. RBC fwiw.
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07-01-2008, 07:22 PM	#6
CurlyFatAngry Lieutenant 18 Rep 509 Posts Drives: his BMW as much as he can ! Join Date: May 2008 Location: Toronto iTrader: (0)	Kanetix is your best friend http://www.kanetix.ca/
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07-01-2008, 07:28 PM	#8
f30Seth Futuristic 23 Rep 774 Posts Drives: f30 328i AW Join Date: Dec 2007 Location: Seoul, Toronto iTrader: (1)	gosh if auto insurance and my moving expense comes out to be okay.. I will have my car detailed by Picus RIGHT AWAY!! __________________ 2007 E92 335i Jet Black -RETIRED- 2013 F30 328i Alpine White
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07-01-2008, 07:39 PM	#9
G-Mach1 Captain 42 Rep 759 Posts Drives: F34 - 2014 335 xi Join Date: Oct 2006 Location: Calgary-AB iTrader: (3)	Can I ask you why are you thinking of moving? Is it because of your job? If so what industry you are in? I asked that because I lived in both TO and Vancouver. Personally I prefered TO. Also in my line of work (IT) there are lots of jobs in TO. So if you are thinking about moving because of job, I will say go for it. What ever said and done TO is the business capital of Canada. Good Luck
	Appreciate 0 Quote

07-01-2008, 07:45 PM	#11
pokerface Colonel 433 Rep 2,527 Posts Drives: F25 X3 N20 / F80 ZCP Join Date: Apr 2006 Location: Toronto iTrader: (1)	canetix is quoting me at about 110 per month for my E90.. i currently pay about 97 a month coz i have a Camry Hybrid as a daily.. but its pretty good. good luck on your move.
	Appreciate 0 Quote

07-01-2008, 08:41 PM	#13
f30Seth Futuristic 23 Rep 774 Posts Drives: f30 328i AW Join Date: Dec 2007 Location: Seoul, Toronto iTrader: (1)	The cheapest quote I'm getting from Kanetix.ca is 4900 from KTX Insurance Solutions. I wasn't expecting that it would be in 2000~3000range, but I'm wondering if there are companies who do better than KTX Insurance Solutions/BellAir direct. I can't really get quotes from other sites since I don't have ON license or ON address to get quotes with. How is Geico? They always how ppl save through switching over to them. CurlyFatAngry// Yeah Vancouver is a beautiful city! Definitely an option to consider when you are looking at your senior age ! ROFL!! Pros - Beautiful weather during summer, friendly people Cons - Read pros again. __________________ 2007 E92 335i Jet Black -RETIRED- 2013 F30 328i Alpine White
	Appreciate 0 Quote

07-01-2008, 09:36 PM	#14
picus Brigadier General 125 Rep 4,172 Posts Drives: e92 SG 335i Coupe Join Date: Jun 2006 Location: Toronto, ON iTrader: (0)	I was with KTX before RBC, a few things if you go with them. They are brokers, which is fine, but that means no direct dialogue with the insurer if you need a claim, all through the broker. It also means billing is kind of messed up. We went through 4 different contacts in 2 years (people leaving KTX). I got sick of it and finally left when they sent my renewal this year and my rate had gone up over $1,000 a year. Called RBC and they quoted me $3200 for both cars (335 and cooper s) compared to $4320 from KTX.
	Appreciate 0 Quote

07-01-2008, 10:42 PM	#15
G-Mach1 Captain 42 Rep 759 Posts Drives: F34 - 2014 335 xi Join Date: Oct 2006 Location: Calgary-AB iTrader: (3)	Hey Good luck with your move. Try TD Insurance. When I lived in TO I was with Direct Protect. They quoted me the lowest. I paid 350/month for a Acura Integra at the time. Keep in mind I was a new driver at the time. Try to find a agent for Aviva insurance. They seems like a pretty reasonable insurance company.
	Appreciate 0 Quote

07-02-2008, 12:15 PM	#16
Joekerr Banned 7939 Rep 1,923 Posts Drives: 2017 Audi S6 Join Date: Jan 2008 Location: Toronto, ON iTrader: (0)	Direct Protect is now the "Co-operators" btw. I'm with them. My insurance is apparently going to be about 2200 or so as of next year...right now its still 1700 b/c I'm a group client and so when I got the new car they said they wouldn't up the fee till next year (good news for me). But then I've got home insurance and a professional discount so my rates aren't really the standard rates. I'm 26, only one small ticket, no accidents, full license.
	Appreciate 0 Quote

07-02-2008, 12:46 PM	#17
victor328 Private First Class 14 Rep 174 Posts Drives: 2008 BMW 328i e92 AW / 02 C230 Join Date: May 2008 Location: Maple / Toronto iTrader: (0) Garage List 2008 BMW 328i [0.00]	Mine is going to be $ 1825 per year and I'm with CAA. Not bad I think, plus in the first 2 years if the car is stolen and not recovered or if it's totalled, I get what I paid for the car, not what the car has depreciated to. Also have what CAA calls "forgive and forget" which means that your first at fault accident won't affect your rates, or something like that lol
	Appreciate 0 Quote