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Old Jun 22, 2003 | 10:18 AM
  #1  
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Default Insurance in Toronto

is it expensive to insure the Z?

how much do you pay?

how much do you pay for a sedan like the G35 or the A4?
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Old Jun 22, 2003 | 08:14 PM
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It may not be the cheapest but I'm paying $200 per month. Hope that helps.
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Old Jun 22, 2003 | 10:25 PM
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I'm close to that I think...
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Old Jun 23, 2003 | 06:42 AM
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Default I'm paying less

I'm paying around $1900 per year
Meloche Monnex (sp?)
See whether you qualify for group discounts
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Old Jun 23, 2003 | 07:16 AM
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Default Re: I'm paying less

Originally posted by fatZo
I'm paying around $1900 per year
Meloche Monnex (sp?)
See whether you qualify for group discounts
I am with Meloche but I only have 3-4 years of drivers experience (I'm over 25 though) and was guoted $3000 for a G35 sedan. I am wondering how much more expensive the Z will be?

Do you know an insurance company that recognizes overseas drivers experience?

Somebody mentioned State Farm...
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Old Jun 23, 2003 | 07:51 AM
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Default Re: Re: I'm paying less

Originally posted by agisd
I am with Meloche but I only have 3-4 years of drivers experience (I'm over 25 though) and was guoted $3000 for a G35 sedan. I am wondering how much more expensive the Z will be?

Do you know an insurance company that recognizes overseas drivers experience?

Somebody mentioned State Farm...
That sounds suspiciously high. I just turned 30, have 13 years of (legal ) driving experience, but was only insured as a second driver for the past 5~6 years, so for all intents and purposes, we should be in the same category. I have a clean record, no claims.

Check with their group rates. If you qualify, your rates will be substantially reduced.

As far as I know, overseas driving experience does not count.
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Old Jun 23, 2003 | 09:19 AM
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I am a UofT graduate. The problem is that I only have 3-4 years of experience vs 13 (after 7 it goes down substantially).
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Old Jun 23, 2003 | 11:21 AM
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Originally posted by agisd
I am a UofT graduate. The problem is that I only have 3-4 years of experience vs 13 (after 7 it goes down substantially).
I think they have a UofT Alumni group discount.

Correct me if I am wrong, but I was under the impression that the years of driving experience is actually irrelevant; rather what actually counts is the years you have been insured.
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Old Jun 23, 2003 | 01:20 PM
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Originally posted by fatZo
I think they have a UofT Alumni group discount.

Correct me if I am wrong, but I was under the impression that the years of driving experience is actually irrelevant; rather what actually counts is the years you have been insured.
I am getting the "group discount". They raised my rates almost 20% in year 1 and 20% in year 2 (!!!).

I think the number of years you are registered driver holds more weight in their pricing scheme (if you pass 25).

My original question is how much more is to insure the 350Z (a coupe with no back seat) vs. a sports sedan? If somebody was driving a 4-dr sedan before the Z, I need his/her input.
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Old Jul 23, 2003 | 07:05 AM
  #10  
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Default Z INSURANCE

I will be paying approx. $2500 a year on the z, but I'm looking to get a 6 month deal because I'm gonna keep my Honda as a winter beater.......Hopefully it'll be much less than $25oo for the full year. That might be an option if you have a cheap winter ride.
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Old Jul 23, 2003 | 07:19 AM
  #11  
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From: Toronto
Default Re: Z INSURANCE

Originally posted by TommyBoy76
I will be paying approx. $2500 a year on the z, but I'm looking to get a 6 month deal because I'm gonna keep my Honda as a winter beater.......Hopefully it'll be much less than $25oo for the full year. That might be an option if you have a cheap winter ride.
I got some quotes online from state farm and surpassingly enough it seems that it is not very expensive to insure it (less than an 330, on par with most sedans in the same price bracket).
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Old Jul 28, 2003 | 06:52 PM
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Your going to hate me but I pay $109 a month. My wife is a teacher so we go through OTIP. Apparently a good deal.
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Old Aug 7, 2003 | 09:18 AM
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Originally posted by t350z
Your going to hate me but I pay $109 a month. My wife is a teacher so we go through OTIP. Apparently a good deal.
I hate you.

My rate just went up, but it's still reasonable at $2000 per year.
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Old Aug 7, 2003 | 12:16 PM
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I surprisingly found out that my 350Z was not that expensive to insure considering it's a 287HP 2door-2seat sports car.

It's little bit more expensive than Acura CL-S, TL-S, IS300 but less expensive than Honda S2000, BMW 330, Audi TT.

Good luck
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Old Dec 3, 2005 | 07:28 AM
  #15  
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man this thread is old =D
damn you toronto350z!
you took my name!
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Old Dec 5, 2005 | 01:09 PM
  #16  
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lol

Last edited by jasonintoronto; Jan 14, 2008 at 05:48 PM.
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Old Dec 6, 2005 | 07:18 AM
  #17  
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It truely depends on where in the GTA you actually live in. I'm down in the High Park area and I got 10+ driving experience and I'm only paying 175 bucks a month for my Z with Scottish & York insurance. Thats with a clean sheet and I'm 27.
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Old Dec 7, 2005 | 08:40 AM
  #18  
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Still waiting for my 2006 Z.

But quoted my insurance to be no more than $200/month, and myself as principle driver for the 2006 Z
26 single male, full G licensed for 8 years, perfect record, no claims, $1000 deductible.
Insurance with TD Meloch Monnex, with University Alumni special rates.

If want cheaper car insurance, don't live inside Toronto. If you live in the 905 area, car insurance is cheaper and increasing your deductible to $1000 instead of $500 will save you about $15/month.

If you are below 25, your insurance will be high and you are better off being an occasional driver and not the principle driver.
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Old Jan 3, 2006 | 08:06 PM
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I've been quoted for $1395/year.
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