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Here's what I'm up against.

A certain Insurance Co (bank) I've used for the last 10 years for my automobiles recently sent me a letter recd May16th, with my new insurance and the new rates etc. this is to replace my policy which ends on June 30th.
On checking I found that with the new insurance we are getting less and my rates went from $3200 annually for two cars to $4029. a difference of $829. I have a clean record so does my wife but our rates just went up and what we're getting if in an accident is half of what we were insured for previously.

To add insult to injury, my policy ends June 30th then the new policy comes into effect but the bank tells me that they will be taking the newer amount this month (May)I would think this should be coming out in June for the month of July.

Does anyone here pay their new rate before their insurance comes due? You people start checking to make sure you aint getting ripped off.

Anyway, we've sent off a couple letters to the TD Ombudsman, it's in his hands at the moment. Maybe time to start stirring the pot, dam crooks,banks and Insurance companies.


I have received a quote from CAA which I am a member and I got on board with them,I start on July 1st with their policy and y'all wanna know the cost right, here it comes, $2907 annually, a difference of $1122.

What a bunch of bloody crooks eh? When you start get too comfortable with 'em they does rip you off good, gotta start moving around,play their flippin game.

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You wouldn't believe (oh yes you would) the run around now that we're letting them know that we're cancelling the insurance. My wife was transferred to five persons and was put on hold for one and a quarter hours, we put the phone on speaker so that we would start putting supper together, no one came on the phone. I will be going to the bank and stop the payment they were gonna take out. Fars as I'm concerned,I've paid for May and my last month's payment is for June, screw 'em. We pay two months when we first start a policy,the first and last months.
cain
I am in a similar position with my son getting his G2, I called up and next thing, BAM, I man get hit with $2000 extra for an occasional driver. They tell me once he get licence I gotta pay, no if ands or buts.

I ended up paying $1000 for him to the end of the policy and I already get a lower quote but they will nail me if I cancel the policy before the expiry.

I was so darn p!$$ off.
AJ
Trust me..I get increase ever damn month or two...but lucky for me its still the cheapest that I found..I'll start complaining later when its not lol. Clean History.
But one thing I stumbled on by accident even though I told them the dates and they I am sure have access to it of when my Lic was issued..they had it wrong therefore was charging more. I had to get a Lic History and fax it to them. Y(OYU(*^)^(&*....
FM
believe it or not, if your credit score is not as good as it used to be your ins will go up.
quote:
Originally posted by cain:
You wouldn't believe (oh yes you would) the run around now that we're letting them know that we're cancelling the insurance. My wife was transferred to five persons and was put on hold for one and a quarter hours, we put the phone on speaker so that we would start putting supper together, no one came on the phone. I will be going to the bank and stop the payment they were gonna take out. Fars as I'm concerned,I've paid for May and my last month's payment is for June, screw 'em. We pay two months when we first start a policy,the first and last months.
FM
I've heard of that Brudds, but if it was so in this case,the CAA Insurance would be just as high but instead,it's way cheaper.
I've decided to look into changing carriers every year if I have to save a few bucks. It seems as though you can't get too comfortable with whoever you're with or they will take you for a ride.
cain

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