The renewal came up for the Kia so we got organized to switch the policy over - for comparable coverage it's going to be $418 more a year. On top of that, they charge a premium to pay monthly, unlike Alberta where they just divide the premium by 12.
So, we paid the $1,346 upfront.
The Escape is up for renewal next month... So I'm sure it'll be about the same again.
It seems we're on the same wavelength- I'm just working on a post on insurance myself. I live in Ontario, and insurance is crazy expensive here, too. Hubby and I have two cars that are fully paid off, we have fairly high deductables, and we pay about $2000 per year. Add in home insurance, and life insurance... we're talking $400 per month. Ouch. I can't believe they charge you to have monthly payments instead of annual- that's a ridiculous cash grab. I would have paid up front, too.
ReplyDeleteWe sure are!
ReplyDeleteJordan and I are trying to figure out the life insurance thing - currently getting quotes. I'm not looking forward to that bill either!