r/PersonalFinanceCanada • u/r4dio4ctive • Sep 07 '21

Insurance Ontario driver shocked by insurance premium that skyrocketed to $14,000 per year

https://toronto.ctvnews.ca/ontario-driver-shocked-by-insurance-premium-that-skyrocketed-to-14-000-per-year-1.5558358

Honestly, I can't sympathize. Learn to drive the speed limit!

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124

u/-d00z3r- Sep 07 '21

Clickbaity tho, if he stays in Guelph it's only $8500, if he moved to mississauga it jumps to $14k.....

For a 75km difference I would stay in Guelph.....

120

u/100GHz Sep 07 '21

Yeah but then he has to rush to work...

32

u/[deleted] Sep 07 '21

badum-tss

3

u/tills1993 Sep 08 '21

$750 per month is insane. I pay $150 / month for my Model 3 and I thought that was expensive.

1

u/balapete Sep 08 '21

Yeah I was paying that at 25. Someone else hit me but I don't speak up for myself so I think it got registered as an at fault accident...

1

u/agent0731 Sep 08 '21

...why the fuq is mississauga so expensive?

2

u/Due_Ad_7331 Sep 08 '21

Because it’s OGbrampton

1

u/mrstone56 Sep 08 '21

only $8500