beginning for a newly landed immigrant? I am a new immigrant to Ontario, Canada. I didn't had >5 years license from the place I've come from. So I had to go through G1 and then G2. Now it is 7 months I have got both.
As a first driver on a newly leased Honda Civic '08 model car, State Farm is giving me 260 on high deductible of $1500. They raise it more if I settle it for $1000. But, they are giving me option to break the contract whenever I want to WITHOUT a panelty, anytime.
So my idea is, to get an insurance from Statefarm on high deductible for 3 months or so, (and of course drive as safer as I possibly can), and get a second insurance from TD or Belair or RBC after 3 months. Would this lower my insurance after 3 months as a 2nd insurance? Do you think its a wise step to take? Of course I should not run into accident but I cannot go lower than $1000 as a deductible for sure, I would have way too high premium on $500 or $300 is out of question.
Please suggest!
... Much appreciated!
I'm based in Missi, ON.
As a first driver on a newly leased Honda Civic '08 model car, State Farm is giving me 260 on high deductible of $1500. They raise it more if I settle it for $1000. But, they are giving me option to break the contract whenever I want to WITHOUT a panelty, anytime.
So my idea is, to get an insurance from Statefarm on high deductible for 3 months or so, (and of course drive as safer as I possibly can), and get a second insurance from TD or Belair or RBC after 3 months. Would this lower my insurance after 3 months as a 2nd insurance? Do you think its a wise step to take? Of course I should not run into accident but I cannot go lower than $1000 as a deductible for sure, I would have way too high premium on $500 or $300 is out of question.
Please suggest!
... Much appreciated!I'm based in Missi, ON.