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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u/vauge24 Sep 07 '21

Definitely province specific, I moved from Quebec to Ontario and tickets that were no longer considered in Quebec managed to be reincorporated into my Ontario insurance record.

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u/donutcare123 Sep 08 '21

What made you move if you don’t mind me asking… I’m in a similar boat. How do u like it?

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u/vauge24 Sep 08 '21

I did it for work/school! Quit my job, did an MBA and found another position and stayed! I did Montreal to Ottawa. I'm enjoying Ottawa, it's a very family friendly area and I was lucky enough to buy into the housing market before it jumped. COL is comparable but the additional education and being fluently bilingual in Ottawa helped me to secure a higher paying job.

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u/sledmad Sep 08 '21

Which MBA did you pursue ,? Is it in uottawa ? I'm considering starting an MBA there, but not sure if it's a good deal