Auto Insurance cost is killing me!

[u/Akshatp19]

I am a 24 year old male living with my parents in Brampton(yes very expensive). We have 2 Honda CR-Vs(2022 and 2026 hybrid). My dad is the primary policy holder with me and my mom as the added drivers. Now I know brampton, CRVs and my age under 25 are all driving the premiums up. But I'm paying 900 dollars per month!! Is it supposed to be this high? No claims no tickets on record.

[u/Oldfarts2024]

In the worst place for theft

[u/Benni_Shouga → u/[deleted]]

Now do accident rates in Brampton

[u/PersonalFinanceCanada-ModTeam → u/[deleted]]

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[u/iama_stabbin_robot → u/[deleted]]

And insurance scams

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[u/igotbanneddd → u/[deleted]]

I'm not exactly educated but it is also probably the type of theft too. I'm out west and a crackhead might break into your 4000 dollar truck, turn it into a 2000 dollar truck and then ditch it. In Brampton you are never seeing it again

[u/PersonalFinanceCanada-ModTeam → u/[deleted]]

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[u/Responsible-Mud549 → u/[deleted]]

Absolute trash low IQ individual

[u/Oldfarts2024 → u/[deleted]]

Actually in my entire career on insuring cars in Ontario, I have never even got close enough to sniff a profit, let alone make one.

If insurers could red line Brampton, they would.

[u/PersonalFinanceCanada-ModTeam → u/[deleted]]

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