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Corvette
General Corvette Discussion
Ontario Insurance Rates set to rise up to 10%
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<blockquote data-quote="YFCvii" data-source="post: 194693" data-attributes="member: 3252"><p>Realized increases were on the horizon (Nov 2019) ...</p><p>I was able to secure a late 2019 rate for 2020 by taking care of it in 2019 ...</p><p>not really sure how the industry actually works as it seems significant</p><p>insurance rate increases are invoiced as the New Year Ball drops in NYC.</p><p></p><p>I believe it is a matter of AB catching up with other Provinces ...</p><p>but now I see the other Provinces are still going to realize a double-digit 2020 hike too.</p><p></p><p>So paying for the year ahead, I changed my renewal date to January a few years ago with my insurance</p><p>renewal invoice being sent out late November with current rates and not upcoming year rates</p><p>(so I was lead to believe) ... perhaps to merely delay the inevitable.</p><p></p><p>[URL unfurl="true"]https://canadiancorvetteforums.com/posts/182098[/URL]</p></blockquote><p></p>
[QUOTE="YFCvii, post: 194693, member: 3252"] Realized increases were on the horizon (Nov 2019) ... I was able to secure a late 2019 rate for 2020 by taking care of it in 2019 ... not really sure how the industry actually works as it seems significant insurance rate increases are invoiced as the New Year Ball drops in NYC. I believe it is a matter of AB catching up with other Provinces ... but now I see the other Provinces are still going to realize a double-digit 2020 hike too. So paying for the year ahead, I changed my renewal date to January a few years ago with my insurance renewal invoice being sent out late November with current rates and not upcoming year rates (so I was lead to believe) ... perhaps to merely delay the inevitable. [URL unfurl="true"]https://canadiancorvetteforums.com/posts/182098[/URL] [/QUOTE]
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Corvette
General Corvette Discussion
Ontario Insurance Rates set to rise up to 10%
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