Ontario Insurance Discussion

[YusufT]

I got the dreadful yearly renewal paper that my insurance is much much higher even though I have 0 claims or tickets. Word on the street is all the insurance in Ontario increased. But my area (Vaughan) seems to be a bit more affected according to the local insurance agents here. My insurance went from (Ball park numbers) $250 a month to $450, almost double.

Can we have a discussion here about insurance in Ontario and from experience who is the best to go with? I need to go insurance shopping before the renewal in June. Can anyone here share anything about their current situation?

Thank you

Edit: I should add I'm current with Aviva through RBC

 

[Jgdixon]

Call Duliban insurance.
They insure lots of Tesla’s

 

[YusufT]

Call Duliban insurance.
They insure lots of Tesla’s

Will check them out for sure appreciate the suggestion.

 

[5_+JqckQttqck]

My TD General rates went up 10cents after participating in their TD Advantage app and scored 19% discount. So in essence, it went up 25%.

2018-2019 rate was 185.79/mo
2019-2020 rate is 185.90/mo

I have home + motorcycle bundled with the car.

 

[Jgdixon]

Are you familiar with our owner’s club?
www.ontario.teslaownersclub.ca

 

[YusufT]

Are you familiar with our owner’s club?
www.ontario.teslaownersclub.ca

Yeah I heard about it here that they have monthly meetups or something like that which is cool, but I also heard you need a annual subscription so I didn't check it out yet.

 

[YusufT]

My TD General rates went up 10cents after participating in their TD Advantage app and scored 19% discount. So in essence, it went up 25%.

2018-2019 rate was 185.79/mo
2019-2020 rate is 185.90/mo

I have home + motorcycle bundled with the car.

Damn dude that's pretty good considering I keep hearing how expensive motorcycles are to insure. I'll have to check TD out.

 

[Jgdixon]

Yeah I heard about it here that they have monthly meetups or something like that which is cool, but I also heard you need a annual subscription so I didn't check it out yet.

Well I am the President and Founder.
So feel free to contact me with questions.
We are officially sanctioned by Tesla

 

[dj_gon]

I got the dreadful yearly renewal paper that my insurance is much much higher even though I have 0 claims or tickets. Word on the street is all the insurance in Ontario increased. But my area (Vaughan) seems to be a bit more affected according to the local insurance agents here. My insurance went from (Ball park numbers) $250 a month to $450, almost double.

Can we have a discussion here about insurance in Ontario and from experience who is the best to go with? I need to go insurance shopping before the renewal in June. Can anyone here share anything about their current situation?

Thank you

Edit: I should add I'm current with Aviva through RBC

If you're affiliated with any group, you can try out TD Meloche Monnex.

I used to pay $1750/year for my model 3 through Desjardin, now only around $1,300/year.

 

[duanra]

CAA 920$ in Quebec

 

[oakvillemike]

Mine dropped to $80 from $90. TDMM/Security General

 

[Mayoo]

Picking up the Model 3 SR+ next Tuesday.

$135 with TD ( PEO Discount, Accident Free, Driver Excellence, Multi Product discount )
North Brampton

 

[SlyWombat]

Looks like I am going to switch as well. CIBC/Certas is $247 a month.

 

[zwz002]

Mine dropped to $80 from $90. TDMM/Security General

That's pretty incredible... In Oakville as well but paying three times your premium, lol...

 

[ATC@LWSK]

Mine dropped to $80 from $90. TDMM/Security General

Can you share a contact for the insurance?

 

[pcons]

Great thread topic. I'm in the midst of changing from Desjardins for which we are at ~ 330/month for house + my 3 + wife's bolt. It has gone up a bit over the years and I've been meaning to shop around, but it keeps getting dropped in priority vs other things. I did get an online quote through TD, and they are around 270/month combined for the 3 things. I've got another quote from allstate, and they are better than Desjardins but not matching TD. Keep meaning to call TD to ensure the coverages are indeed apples to apples vs Allstate, but I think I'll likely end up going with them.

For what its worth TD also offers a discount for having an electric or hybrid vehicle. I will try calling Duliban to round out my research.

 

[zwz002]

Great thread topic. I'm in the midst of changing from Desjardins for which we are at ~ 330/month for house + my 3 + wife's bolt. It has gone up a bit over the years and I've been meaning to shop around, but it keeps getting dropped in priority vs other things. I did get an online quote through TD, and they are around 270/month combined for the 3 things. I've got another quote from allstate, and they are better than Desjardins but not matching TD. Keep meaning to call TD to ensure the coverages are indeed apples to apples vs Allstate, but I think I'll likely end up going with them.

For what its worth TD also offers a discount for having an electric or hybrid vehicle. I will try calling Duliban to round out my research.

Kinda wish Tesla would just offer their insurance right away, haha. Save us all from this...

 

[moltenfire]

I second TD Meloche Monnex/Security General. I have home and auto with them and am also a UW alumni and my insurance is $1500 a year.

 

[5_+JqckQttqck]

TDMM is much lower than TD general. I haven't tried CAA yet, maybe next year. Which groups are covered with TDMM? Dejardins covers OACETT members through the personals and their quote for my bike went down slightly to ~700/year. TD offered me ~475/year when bundled. So I saved some this year.

 

[DMC-Orangeville]

Economical - $1205 / yr just renewed. Was $1023 / yr. so $100/mo up from $85.