Brutal Ontario car insurance leaps as much as $650 a year

Car insurance horror stories in Ontario are causing speculation that the issue will be a factor in the June election. CBC says that according to insurance price aggregator Kanetix, the average price of auto insurance in Ontario has reached $1,700 per vehicle — up from an average of $1,458, according to 2015 data published by the province. But the story is worse than that right here in South Bayview where safe drivers with no claims are seeing leaps of $650 a year on the family car. In one case that jumps the premium of a 2012 Equinox to nearly $2,500 a year. Couples with two cars are paying $5,000 a year. All of this is occurring against a background of insurance rates that are much lower in other provinces. The story linked tells of bizarre calculations related to “neighborhood accident rates” for Toronto homes that are a few blocks apart. Rates must be brutal near Bayview and Soudan where there’s a bumper bender a day. What happened to a good driving record? Car insurance shoots up $600 per year after short move in west-end Toronto.