Alberta Auto Insurance rate increase

[Oleg Bach]

I have no idea. You arent attractive, nor are you a virgin.

But you have killed far too many kittens today.

I am attractive and you know it - if you are a man it is envy - and if you are a woman it is a need that can not be quenched hence the resentment for a man of such power, love and provider of orgasmic delight---- Now bring me more kittens wench! Hey I thought it was God killing the kitties and I was the simply the channel...First you blame God - and seeing that entity is unreachable - you go for poor me - are you sure you don't have a man crush going on here...you are a woman......or maybe just another cat...... The kitten joke was fun......now what about the GM executives...are we sparing them?

[Alta4ever]

Liability and AB only costs $100 ?

I would think that is a bit wrong, if not condescending. Most people understand the basics of a policy.

In Alberta the average cost of 3rd party liablity insurance and ab for a good driver is $139 to $150 per year. I currently insure 2 newer vehicles both less then four years old with full coverage for $1400 a year.

Edited February 24, 2009 by Alta4ever

[madmax]

I would think that is a bit wrong, if not condescending. Most people understand the basics of a policy.

Not me

[madmax]

Insurance is pretty much recession proof. When the economy sours, insurance rates go up, and Madmax goes Hinckly on me.

ROTFLMAO

I cannot utter a threat online for fear of prosecution.....

John Hinckley, Jr.

From Wikipedia, the free encyclopedia John Hinckley, Jr.

Born John Warnock Hinckley, Jr.

Texas Tech University

Parents John Warnock Hinckley, Sr. and Jo Ann Moore

John Warnock Hinckley, Jr. (born May 29, 1955) attempted to assassinate U.S. President Ronald Reagan in Washington, D.C. on March 30, 1981, as the culmination of an effort to impress actress Jodie Foster. He was found not guilty by reason of insanity and has remained under institutional psychiatric care since then.

I like Jodie Foster.

My Handle madmax may help in any future defence proceedings .... except.....

In the United States prior to the Hinckley case, the insanity defense had been used in less than 2% of all felony cases and was unsuccessful in almost 75% of the trials in which it was used.

HMMM....

After repeated viewings of the 1976 movie Taxi Driver, in which a disturbed protagonist

I have watched Taxi Driver hundreds of times. Awesome movie.

But you will have to dodge my MLW rants not my bullets, when those rates go up.

[guyser]

In Alberta the average cost of 3rd party liablity insurance and ab for a good driver is $139 to $150 per year. I currently insure 2 newer vehicles both less then four years old with full coverage for $1400 a year.

I truly hope no one is complaining at rates like that. Those are cheap as it gets.

One car, more than 4 yrs old, no accidents, full coverage, $2400 per year....welcome to Toronto.

I cannot utter a threat online for fear of prosecution

I am not litigious. Go ahead.......but I can slink through a forest pretty quietly.

[Alta4ever]

I truly hope no one is complaining at rates like that. Those are cheap as it gets.

One car, more than 4 yrs old, no accidents, full coverage, $2400 per year....welcome to Toronto.

I am not litigious. Go ahead.......but I can slink through a forest pretty quietly.

I know you probably won't like it but a study was done by th fraiser institute compairing auto insurance between Northa America an great britian, Alberta was considered to be by far the best out of all the provinces we even beat out 2 states, but the list going backwards from the worast up, BC, Sask and then manitoba.

Our Rates are the fairest in Canada and the average claim payout is pretty good a well, beats our neigbouring provinces hands down aver payout in BC 2000, in Alberta 6000. Aver cost of insuranc ein BC for one vehicle is on par with what you quoted for toronto.

[Alta4ever]

It would be nice if people wouldn't complain to what amounts to a dollar increase in their rates but the media goes wild with it and creates such unreal expectations, when the 7% drop happened on manitory coverage the media built everyone up thinking they would save hundreds of dollars, with the grid rates the only people who save loads of money were those with DUI's, multiple accidents and sheets of driving convictions, the good drivers saved a dollar. 4 years later premiums for the good drivers are now returning to what they were in 2005., they are going up a whole dollar.

[guyser]

I know you probably won't like it

What is is. Liking it is moot. Lots I dont lioke about insurance.

but a study was done by th fraiser institute compairing auto insurance between Northa America an great britian, Alberta was considered to be by far the best out of all the provinces we even beat out 2 states, but the list going backwards from the worast up, BC, Sask and then manitoba.

Our Rates are the fairest in Canada and the average claim payout is pretty good a well, beats our neigbouring provinces hands down aver payout in BC 2000, in Alberta 6000. Aver cost of insuranc ein BC for one vehicle is on par with what you quoted for toronto.

I would like to see that report.

I hope it isnt this report since it contradicts some things....

Best- Nfld, NB , NS, Ont, Ab

Worst- BC Man, Sask (agrees)

Lowest Premium- PEI....well duh, few cars and few places to drive to.

Followed by NF, NS,QC

Surprise, avg premiums for Alta and Ont are roughly the same.

http://www.fraserinstitute.org/Commerce.We...toInsurance.pdf

[madmax]

I truly hope no one is complaining at rates like that. Those are cheap as it gets.

One car, more than 4 yrs old, no accidents, full coverage, $2400 per year....welcome to Toronto.

Those are excellent rates for two vehicles in Alberta. No one likes to see a rate increase, but what is important is that insurance are affordable.

[guyser]

It would be nice if people wouldn't complain to what amounts to a dollar increase in their rates

It would be, except for the mere fact that auto insurance is mandatory and people who have

to pay, and then pay the increase will always complain.

There is a reason the brokers associations charge high fees to members, and that is for countering what is deemed false or misleading info from the media.

It is our responsibility to educate the public as to what is going on. What have the brokers assn in your neck of th woods done to counter the fact that savings realized in your province are highest among the DUI's and tons of tickets folk? If I were not in the business I too would wonder why the repeat drunks and speeders are getting a break on premium all the while giving the clean driver a bigger increase.

Edited February 24, 2009 by guyser

[Alta4ever]

What is is. Liking it is moot. Lots I dont lioke about insurance.

I would like to see that report.

I hope it isnt this report since it contradicts some things....

Best- Nfld, NB , NS, Ont, Ab

Worst- BC Man, Sask (agrees)

Lowest Premium- PEI....well duh, few cars and few places to drive to.

Followed by NF, NS,QC

Surprise, avg premiums for Alta and Ont are roughly the same.

http://www.fraserinstitute.org/Commerce.We...toInsurance.pdf

Nope that isn't it this one included all of North America in it, think it was done in 2005.

[guyser]

dont know what happened to bondjames, but I was replying to it and poof?

Anyhow, totally useless site . Poor grammer, not Canadian, and in many cases wrong, very wrong.

But madmax might like it

[Molly]

I'd swap the coverage/prices we have here in Ontario for what he had in Sask.

When Baby Girl moved here, her premiums more than tripled. It's closer to even for those of us who are older, but making a claim is a fool's game. May as well have a $2500+ deductible.

[guyser]

When Baby Girl moved here, her premiums more than tripled.

No doubt, but then there are a couple of more people here than in Sask.

Risk is much higher

It's closer to even for those of us who are older, but making a claim is a fool's game. May as well have a $2500+ deductible.

If it is an 'not at fault' loss, you should definitely make the claim. Your rates will not change one bit.

IOW, dont beleive the myth.

[madmax]

dont know what happened to bondjames, but I was replying to it and poof?

Anyhow, totally useless site . Poor grammer, not Canadian, and in many cases wrong, very wrong.

But madmax might like it

Useless site, poor grammer, wrong, very wrong........

sounds perfect to me.

In the meantime, I still have a very bitter nephew who enjoyed paying $650/ year in the US, only to come here and find out he had to pay $3500 for the same vehicle. And that was just one vehicle, it only got worse.

I have never been comfortable with auto insurance formulas. But then I also discovered I suck at debating Guyser when it comes to insurance.

[guyser]

In the meantime, I still have a very bitter nephew who enjoyed paying $650/ year in the US, only to come here and find out he had to pay $3500 for the same vehicle. And that was just one vehicle, it only got worse.

NO you dont ...

Anyhow, your nephew I can probably explain.

IN the US, I would bet he had as little as $25, 000 or $50,000 Liability on the car. Dont ask me why they do that, but it is a poor plan as far as I can tell.Especially in such a litigious country.

Now up here, he would likely be getting $1M Liability. That will be a large chunk of his increase in premium.

Legally one only has to carry $200,000 Lia to drive on Ontario roads. However, I have never allowed one to get that little. I stopped selling $500,000 about 10 years ago and now only $1M . Plentyof people take $2M now.

To account for more of his increase, one only need look at where he was. I would suspect he was not in.....NYC,Chicago,LA,Dallas nor Miami. (meaning in those city proper) Of course if he came back from say , Nebraska or Iowa, well, need more be said?

[mikedavid00]

http://www.cbc.ca/canada/edmonton/story/20...ance-rates.html

This is one of the effects of immigration.

That's just the start. Trust me.

[guyser]

This is one of the effects of immigration.

Cool . Did you read this part?

"premiums are still 13 per cent lower than they were prior to the auto insurance reforms implemented in 2004."

That's just the start. Trust me.

Immigrants driving have reduced rates....and you think it s a bad thing? Who knew?

Albertans, stop roll down the window and thank the nest immigrant you find. They have saved you money and are deserving of your thanks.