Posts Tagged ‘auto insurance’

Toronto Area Auto Insurance Rates Going Up

As previously reported, Toronto area drivers tend to pay the highest rates in Ontario. It has now been reported that these insurance rates will be increasing by an average of 14%. Why so high? According to a Toronto Star interview of Leonard Sharman of Co-operators General Insurance Co., “The big cost driver in Ontario, and […]

Why is Auto Insurance so Expensive in Toronto?

When I leased a $17,000 Honda Civic in 2003, my insurance bill came to just over $2,000 for the year. My home address at the time was near Yorkdale Mall in the north of Toronto. I told the insurer that I would not be driving to work, as I lived a 5 minute walk from […]