What would be the approximate monthly auto insurance rate for new Canadian immigrant age 35 yrs buying 2000 to 2004 model sedans?

Answer 1

== == This is a very hard question to answer with any chance of being accurate. First......Insurance rates vary greatly in Canada, depending on where you live. A big city, like Toronto has much higher risks of accidents due to the number of vehicles on the streets of the city. If you live on a farm far from a city the rates will be much lower. Second...........The values of the car, if it has to replaced due to a bad accident, as well as the car's popularity with car thieves, and the cost of the replacement parts to fix it, are all factors in the cost of insurance in Canada. Third...........The past record of the driver is important. I have been driving in Canada for 40 winters, no accidents, how much WINTER driving experience do you have? Also what level of insurance coverage do you need? That is also a factor in the overall cost of the insurance here. AS you can see it is impossible to give you a exact dollar figure for insurance costs in Canada , only a suggestion that it MAY BE ABOUT 300 to 400 dollars a month to start. If you drive for 5 years without any claims, your rates will go down a bit each of the following years.