Online Motorcycle Insurance Quote Ontario

Showdown at Car Insurance Corral!

Showdown at Car Insurance Corral!

We asked more than 5,000 people how much they thought rates could differ between insurance companies for the same driver and same car. Here’s what we found out:

Selection – Based on 5,351 replies:

They are all the same 549 (10%)

Between 0 to 0 2,465 (46%)

Between 0 to ,500 2,022 (38%)

Between ,500 to ,000 248 (5%)

Over ,000 67 (1%)

Most drivers think there are rate differences of about 0 to 0 between insurance companies. About 10% thought that there was no difference at all! In reality, there can be more than a ,000 difference in rates.

So, who’s the best rate-slinger in town?

Take a look at this rate comparison of 51 different insurance companies, using four different driving profiles.

Toronto Driver Profiles Lowest Highest Difference

19 Years-Old, Clean Record ,750 ,551 ,801

23 Yr-Old, 1 Ticket & Accident ,051 ,468 ,417

2 Drivers -Old, Clean Record ,763 ,992 ,229

70 Years-Old, Clean Record 0 ,576 ,606

Resource: Ontario Government, www.fsco.gov.on.ca

Using the highest and lowest rate found, there is a difference of more than ,000 depending on your profile! But rest easy: If you visit sites like InsuranceHotline.com, you won’t have to dual with any high-faulting’ rates.

Take on Rascally Rates!