On the mind of most recipients of a traffic ticket is, "What's this going to do to my insurance rate?" The answer usually depends on the policies of the individual insurance companies. I recently had a sit-down with MY agent and tried to get as much info out of him as I could: TICKETS: 1) "How far back do you check for tickets?" - 3 years. 2) "Do you differentiate between Moving and Non-Moving violations?" - Yes. 3) "Will an accumulation of Non-Moving violations raise my rates?" - No. 4) "Do you differentiate between various Moving Violations?" - No. 5) "How many moving violations can I have in a 3-year period?" - Two will be allowed in a three year period. - A third one will likely see an increase of about $100/yr. (until one ticket expires) - Four or more and we will co-insure you with an associate company that gladly accepts 4+ tickets with very little increase." - 5/6+ and you're looking at Facility Insurance (cha-ching!) 6) "How do you treat the new "50-over" charge?" - You don't want THAT one!! 7) "Will the one-week lisence suspension be considered a "gap" in driving history (hence a steep premium hike) if the case is eventually dismissed at trial." - If the charge is eventually beaten, we would ignore the "gap" and rates would not be affected by the road-side impoundment. 8.) "Will you raise rates based on what your client may SAY, as opposed to what the MTO record shows? (ie. client talks about how fast he drives but has no tickets)." - We classify based on the factual record as maintained by the MTO, not what anyone says. 9) "Is it safe for a client to call you and discuss a recently received ticket or involvement in an accident, without fear of an immediate rate increase?" - Yes. We usually recommend that they fight the ticket, or pay out the accident damage from ones own pocket. Rates will be based on actual at-fault claims and/or points registered with the MTO. Rates will not rise based on discussion alone. ACCIDENTS: (for existing clients, not new applicants) 1) "How far back do you check for accidents?" - 6 years. 2) "How will at-fault accidents affect my rates?" - One accident in a 6-year period is forgiven, ie. no premium increase. - The second accident within 6-years will increase your rate approx. $150/yr. (until the first one falls outside it's 6-year period). - The third one will triple your rates! 3) "How are NEW applicants treated differently?" - If a new client wants a quote, his ONE accident will be treated similar to an existing clients THIRD accident,. ie his rate would be about 3-times higher than a "clean" record. This is important to know... Some companies advertise how gracious they are by forgiving one accident if you switch to them. What most people don't know is that many of these so-called "generous" companies will cancel your policy after having that "first" accident. Now, when you go to get quotes from other companies, they all treat that one accident like the third for their existing clients and the quote is extremely high! It's prudent to see what your companies policies are BEFORE having that first accident. Most will already forgive that first one (and the majority of the second one as well). It's important to note the numbers listed above are considered a total allowed by all family members listed on the policy. Therefore, if my wife has two speeding tickets, I can't get any, or our rates will go up a bit. Or we can each receive ONE, but then neither of us can get a second. TWO is the maximum allowed on the entire policy. Our oldest boy has now moved to Toronto so we promptly dropped him from our policy. It wouldn't be prudent to allow HIM to compile one or two tickets when it's likely I'LL be needing that safety net myself!! :)

Topic

Insurance Issues...

by: Bookm on

38 Replies

tdrive2
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Re: Insurance Issues...

Squishy not to be a smart ass but that is a big change. From going 160 and now you say you are the one who goes 100 in the right lane. Just curious what made you have this change of mind? Did something bad happen and risk your life, insurance, tickets, lose license, need a good record? Thats a huge difference from being one who goes 160 in left lane to 100 in the right!. Not to be a smart ass but i wonder what decided to make you have such a huge change of heart.

Squishy wrote:

The guys with unmarked cruisers should try 100 km/h in the right lane. I see so much more *EDIT* now than I did when I was the one doing 160 km/h in the left lane (yes, I used to be one of you :o :lol: ).

Squishy not to be a smart ass but that is a big change.

From going 160 and now you say you are the one who goes 100 in the right lane. Just curious what made you have this change of mind?

Did something bad happen and risk your life, insurance, tickets, lose license, need a good record?

Thats a huge difference from being one who goes 160 in left lane to 100 in the right!. Not to be a smart ass but i wonder what decided to make you have such a huge change of heart.

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Squishy
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Re: Insurance Issues...

I changed my view of society. Instead of seeing it as "The Government" out to screw me over, the more I got into engineering, the more I saw it as a system of parts working together. Each person had a function in this system and rules were necessary for everything to work together without conflict. The more I thought about it, the more I understood the purpose and the goal of each facet of society and government, regardless of how it has evolved now to maybe be redundant, corrupted, or just useless. Also, gas prices.

I changed my view of society. Instead of seeing it as "The Government" out to screw me over, the more I got into engineering, the more I saw it as a system of parts working together. Each person had a function in this system and rules were necessary for everything to work together without conflict. The more I thought about it, the more I understood the purpose and the goal of each facet of society and government, regardless of how it has evolved now to maybe be redundant, corrupted, or just useless.

Also, gas prices.

tdrive2
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Re: Insurance Issues...

Squishy i am going to have to agree with you on that. As far as gas prices go even if the highways didn't have a limit like the autobahn system there is no way i would max it out all the time. The gas begins to cost way to much at speeds like that. Even if we had no speed limits many would not "max out" due to gas prices and costs.

Squishy i am going to have to agree with you on that.

As far as gas prices go even if the highways didn't have a limit like the autobahn system there is no way i would max it out all the time.

The gas begins to cost way to much at speeds like that. Even if we had no speed limits many would not "max out" due to gas prices and costs.

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FiReSTaRT
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Re: Insurance Issues...

Same with me. I don't see myself cagin' it more than 130-140km/h on the 400 series highways. Too much fuel. Even on 2 wheels, just going in a straight line isn't much fun. The twisties are where the fun's at :twisted:

Same with me. I don't see myself cagin' it more than 130-140km/h on the 400 series highways. Too much fuel. Even on 2 wheels, just going in a straight line isn't much fun. The twisties are where the fun's at :twisted:

What kind of a man would put a known criminal in charge of a major branch of government? Apart from, say, the average voter.
tdrive2
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Re: Insurance Issues...

Ya i see the flow of traffic get to that speed all the time between 130-140 depending on hwy and other conditions. Most people wont cruise at over 150 just cause the added stress on the engine, way more fuel, and the tow truck. Even in a 4 cylinder car the same i have never driven an 8 and rarely a 6. But with a 4 cylinder your engine will rev in the low 3000's rpm range from about 118-140. You can average low rpm in this speed even with a 4 cylinder 2L like around 3150-3250 rpm for 130-140. Anything over 150 the engine uses way to much fuel. Besides the fact alot of cars come with the basic cheap all season R rated tires which are only safe up till 170. I have no idea about a 6 cylinder or a 8 cylinder i have never really driven them on a 400 series alot. But i'll have to agree with squishy and FireStart cruising at speeds like that over 140 uses to much fuel and is no longer cost effective. Fire Start i always wondered what kinda bike you get. Like what kind of gas mileage can you get on the highway with a 500-750 CC bike??? I am curious about at what speeds a V6 sedan will rev at on the highway? hey bear what do those V8 crown vics rev at depending on the speeds? You guys got a 4.6L V8 with 248 horses? I remember reading about the vics. The top end power was not as good as the chargers or impala's even but the torque is incredible on them. I actually know an officer with a force that uses peel. He is a bigger guy he tells me the vics are still the best. The chargers spend to much time in shop, brakes go, transmission problems. I heard bigger guys cant fit into them with all the gear or its to tight while the crown vics can accomodate a ton of room almost an office on wheels. :lol: How are those crown vics in the snow? Good choice for a highway vehicle though also the safest for rear end crashes. Sorry off topic but did the OPP ever look into buying other vehicles? I am guessing the chargers are not what they want especially since you guys spend so much time on the highway a FWD would = more wear on brakes. I remember you told me they are looking at the Tahoe but surely the OPP wouldn't replace all their cars with those big bulky SUV's. Is the VIC still gone be phased out in 2011. IMO the black and white marked OPP cruisers with the light bars and the best looking police cars i have ever seen!! Sorry a bit off topic is there a reason LEO's in ontario whether under cover or not always have those black steel Rims?

Ya i see the flow of traffic get to that speed all the time between 130-140 depending on hwy and other conditions.

Most people wont cruise at over 150 just cause the added stress on the engine, way more fuel, and the tow truck.

Even in a 4 cylinder car the same i have never driven an 8 and rarely a 6.

But with a 4 cylinder your engine will rev in the low 3000's rpm range from about 118-140.

You can average low rpm in this speed even with a 4 cylinder 2L like around 3150-3250 rpm for 130-140. Anything over 150 the engine uses way to much fuel. Besides the fact alot of cars come with the basic cheap all season R rated tires which are only safe up till 170.

I have no idea about a 6 cylinder or a 8 cylinder i have never really driven them on a 400 series alot.

But i'll have to agree with squishy and FireStart cruising at speeds like that over 140 uses to much fuel and is no longer cost effective.

Fire Start i always wondered what kinda bike you get. Like what kind of gas mileage can you get on the highway with a 500-750 CC bike???

I am curious about at what speeds a V6 sedan will rev at on the highway?

hey bear what do those V8 crown vics rev at depending on the speeds?

You guys got a 4.6L V8 with 248 horses? I remember reading about the vics. The top end power was not as good as the chargers or impala's even but the torque is incredible on them. I actually know an officer with a force that uses peel. He is a bigger guy he tells me the vics are still the best. The chargers spend to much time in shop, brakes go, transmission problems.

I heard bigger guys cant fit into them with all the gear or its to tight while the crown vics can accomodate a ton of room almost an office on wheels. :lol: How are those crown vics in the snow? Good choice for a highway vehicle though also the safest for rear end crashes.

Sorry off topic but did the OPP ever look into buying other vehicles? I am guessing the chargers are not what they want especially since you guys spend so much time on the highway a FWD would = more wear on brakes.

I remember you told me they are looking at the Tahoe but surely the OPP wouldn't replace all their cars with those big bulky SUV's. Is the VIC still gone be phased out in 2011.

IMO the black and white marked OPP cruisers with the light bars and the best looking police cars i have ever seen!! Sorry a bit off topic is there a reason LEO's in ontario whether under cover or not always have those black steel Rims?

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ticketcombat
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Re: Insurance Issues...

AIG did more than that. They were underwriting a lot of the subprime mortgages and other high-risk things that the Wall Street "experts" were hyping as good ways to make money. They weren't strictly an insurance company, in that they had several divisions in addition to their insurance business, almost all of which made asinine decisions that garden tools would recognize as stupid. They got heavily into the derivative markets which also killed them, but that was separate from the toxic loans that they underwrote. On top of that, they were very poorly managed (e.g. $400 000 off-site meeting at a golf resort after receiving their first taxpayer bailout) and, like a lot of other American companies, richly rewarded executives and staff for failing at an F- level, a good example of that being Lehman Brothers' CEO Richard Fuld. The entire company is one gigantic Gong Show. Remember SkyDome? Built for $570 million, bailed out by the NDP government and eventually purchased by Rogers for $21 million. I've never seen a gong there! Maybe it's at Queen's Park.

Radar Identified wrote:

tdrive2 wrote:

I.E. AIG made some bad investments and needs a bail-out.

AIG did more than that. They were underwriting a lot of the subprime mortgages and other high-risk things that the Wall Street "experts" were hyping as good ways to make money. They weren't strictly an insurance company, in that they had several divisions in addition to their insurance business, almost all of which made asinine decisions that garden tools would recognize as stupid. They got heavily into the derivative markets which also killed them, but that was separate from the toxic loans that they underwrote. On top of that, they were very poorly managed (e.g. $400 000 off-site meeting at a golf resort after receiving their first taxpayer bailout) and, like a lot of other American companies, richly rewarded executives and staff for failing at an F- level, a good example of that being Lehman Brothers' CEO Richard Fuld. The entire company is one gigantic Gong Show.

Remember SkyDome? Built for $570 million, bailed out by the NDP government and eventually purchased by Rogers for $21 million. I've never seen a gong there! Maybe it's at Queen's Park.

Fight Your Ticket!
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ticketcombat
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Re: Insurance Issues...

I remember the first time I drove on the autobahn, passing everybody and wondering why people didn't drive faster. Then I filled my first tank of gas at European prices. Yikes! I also remember my first V8, a '73 Impala. As the speedometer went up, the gas gage went down. You could literally see them move in opposite directions. I also remember my friend's dad had a 440 six pack Barracuda. We couldn't wait to turn 16 and borrow it. That never happened. His dad knew better and we're still alive.

tdrive2 wrote:

Squishy i am going to have to agree with you on that.

As far as gas prices go even if the highways didn't have a limit like the autobahn system there is no way i would max it out all the time.

The gas begins to cost way to much at speeds like that. Even if we had no speed limits many would not "max out" due to gas prices and costs.

I remember the first time I drove on the autobahn, passing everybody and wondering why people didn't drive faster. Then I filled my first tank of gas at European prices. Yikes!

I also remember my first V8, a '73 Impala. As the speedometer went up, the gas gage went down. You could literally see them move in opposite directions.

I also remember my friend's dad had a 440 six pack Barracuda. We couldn't wait to turn 16 and borrow it. That never happened. His dad knew better and we're still alive.

Fight Your Ticket!
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FiReSTaRT
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Re: Insurance Issues...

Tdrive - I have a 91 Yamaha FZR600. It's an older carburated bike, actually the first supersport. She's runnin' a little rich and has like 100lbs on its modern counterparts, but still gets me about 5l/100km on average.. That includes a good spread of city riding, highway riding and goin' a little crazy in the twisties. It really depends on your riding style and even riding position. I notice that my mileage gets better in colder weather when I tuck in behind the windscreen. The only problem with that is that a cop may automatically think that I'm goin' crazy so I try to put up with as much cold/bad fuel economy as possible, but if the thermometer dips below 5 degrees, I'll risk getting singled out lol On one occasion the tuck is what allowed me to make a trip to Algonquin, a few crossings of Algonquin and back in 2 degree weather. Bear, try to spread the word among your colleagues that a tuck in cold weather may just mean that the rider is freezing his you-know-what off :shock:

Tdrive - I have a 91 Yamaha FZR600. It's an older carburated bike, actually the first supersport. She's runnin' a little rich and has like 100lbs on its modern counterparts, but still gets me about 5l/100km on average.. That includes a good spread of city riding, highway riding and goin' a little crazy in the twisties. It really depends on your riding style and even riding position. I notice that my mileage gets better in colder weather when I tuck in behind the windscreen. The only problem with that is that a cop may automatically think that I'm goin' crazy so I try to put up with as much cold/bad fuel economy as possible, but if the thermometer dips below 5 degrees, I'll risk getting singled out lol On one occasion the tuck is what allowed me to make a trip to Algonquin, a few crossings of Algonquin and back in 2 degree weather.

Bear, try to spread the word among your colleagues that a tuck in cold weather may just mean that the rider is freezing his you-know-what off :shock:

What kind of a man would put a known criminal in charge of a major branch of government? Apart from, say, the average voter.
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FiReSTaRT
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Re: Insurance Issues...

On another note.. When I was barely 20, I had an HO-converted 302 Cougar. Took that thing up to Sudbury and back at speeds averaging 150-160 and was getting like 12l/100km which is about 2l more than most gasoline fourbangers that I've driven at about 120-130. Ofcourse, in the city the only thing that came close to matching its 20l/100km consumption (and that was SUBURBAN driving :shock: ) was how much oil it pissed out. Needless to say, I got a Jetta with stick shift and 1/3 of the displacement within 6 months lol

On another note.. When I was barely 20, I had an HO-converted 302 Cougar. Took that thing up to Sudbury and back at speeds averaging 150-160 and was getting like 12l/100km which is about 2l more than most gasoline fourbangers that I've driven at about 120-130. Ofcourse, in the city the only thing that came close to matching its 20l/100km consumption (and that was SUBURBAN driving :shock:) was how much oil it pissed out. Needless to say, I got a Jetta with stick shift and 1/3 of the displacement within 6 months lol

What kind of a man would put a known criminal in charge of a major branch of government? Apart from, say, the average voter.

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