$4000 insurance per year ... Why so expensive？

Methodical4u

My Z was 75$ a month. I never had a ticket or accident though... plus being over 30 and married helps a lot.

alcheng

Hey Elric, you can't compare the price/rate between US and Canada, everything in the State is cheaper than Canada, that's why there're so many Canadian go to shop in the State.

We pay higher price for car, fuel, insurance, parts, labor, almost all the consumer goods are more expensive in Canada than in US.

If you want to have the expense as low as US, sorry bud, unless you move to the State.

Regarding your insurance rate, first of all, how old are you?? No matter how clean your driving record is, your insurance rate is gonna be sky high if you are under 25.

When I was 19, I paid $8000 for an 4 years old Integra that worths less than $4000 and that was some 18 years ago.

"High Risk Pool", you heard about it, right??

Wait til you turn 25 and have a clean driving record, then you can enjoy a much lower rate.


Come to Ontario, I think the rate in here is even higher because we have a open market and they(insurance company) can set whatever the rate they want and the government won't do anything to regulate it, because higher premium=more taxes.

Elric

Thanks for bringing up this idea of being in the "high risk pool". That could really explain it. I drive very carefully and aviod doing stupid stuff. But being five years away from turning 25, I need to bear with it for now and build up my record overtime.

Bonzo

That's an insane amount of money. That's like if you had a DUI or something insane. Hope you can figure out a way to lower it.

Anyway, here is a thread that will give you a better idea of how much people are paying and how much it varies.

http://www.the370z.com/nissan-370z-g...ighlight=bonzo

__________________
Finally Able To Order 2012 Model 8/24/2011
Delivered Tuesday November 15, 9:57 am!!!
2012, Auto, White, Sport, Kick Plates

Shotta

I just bought my used Z recently and its costing me LESS per month to insure the 201 370z then it is to insure my 2008 Ford Escape or the 1996 BMW 328is.

Go figure!

DJ-of-E

Once you hit 25, you'd wonder why your bill is so low.

Unless you're like that one 19 year old kid who killed his passenger in an MR2...while racing against a pick up....on a long and straight street. Then you don't have to worry about insurance because you're now screwed.

http://losangeles.cbslocal.com/2012/...street-racing/

btw, the passenger was his own sister.

__________________

4r3s

disgusting, always the case though, the person that should have paid with their life lives. At least the mini van occupants didn't die. I don't know how I'd live with myself if I killed a sibling doing something just down right moronic like this.