Auto insurance premiums rising: What can Canadian drivers do to trim the bill?

However, there are some steps individual drivers can take to pump the brakes on rising costs, experts say, both before and after driving off the dealership lot.

Global's Anne Gaviola explores why premiums are rising now and how drivers can try to limit their impact on household budgets.

#GlobalNews #autoinsurance #canada #drivers

[Just_my_opinion_]

30+ years driving no claim, no tickets, and always goes up.
You have an old car they tell you its cause parts are more expensive.
You have a new car well it cost more cause its new.
Legal fraud is all it is just the normal for Ontario .

[pwlacombe]

How about we keep car thieves in jail and deport them.

[rickylafleur]

*News flash* Everything is more expensive - It's Canada, where budgets balance themselves.

[rosierose]

I've been licensed and insured for 47 yrs. I've never had an accident and my insurance went up 2 times this year. Bastards are taking advantage of us.

[jksouthern]

Canada is the cesspool of earth when it comes to auto insurance. Most expensive. Will never goi down, ever.

[ShannonJanzen]

It’s because all the new Canadians can’t follow any rules!!!!

[bjsimon]

The Men in power do not want car ownership and house ownership, Canadians need to fight for their freedom to own anything. WEF said you will own nothing and be happy. These people are sick

[JacksonWilliams-lpun]

Iam 67 years old and I never had any convictions or accidents and they still keep raising my premiums 🤬

[kenelter]

This is what we get from private insurance companies.

[saraq]

Autotheft claims paid by costumer, every bill on us .

[carsatwork]

From BC here. It seems ours stay around the same every year. While my basic goes down every renewal the optional coverage goes up keeping the costs the same…

[JacksonWilliams-lpun]

I got no money left over to budget anything ❗️

[mbeckford]

If they taught a basic actuarial science course in school everyone would understand why the rates may increase even though you have zero claims. It’s simply lack of knowledge. The government should make more insurance and financial courses mandatory so the average person would understand what is going on.

[mikemann]

Guess you just pay the bill and expect no coverage

[ishaanrawat]

This is because 1 big company TD INSURANCE has a monopoly you take any sector in canada there are only 1 or 2 big companies owning that sector and they have subsidiary companies also operating which they own just to fool customers that its a fair and competitive market but infact its a monopoly take example of Bell and rogers they have multiple child companies just to show real competition exist but infact canada has one of the highest prices for cellular plans

[corryandrew]

Coverage should also increase if prices are increasing.

[AndreInThe]

LOL, doesn't matter if you had no accidents. The pricing is partially spread over all policies

[benjaminh]

“Let’s a clip of them walking out the grocery store” 💀💀

[gonefishing]

That’s insane. Everything is going up.

[jody-nexs]

Canadians in major cities wan't higher taxes imposed on them until driving is un affordable! Nobody should be driving in Canada!