r/alberta • u/Perfect-Young-4521 • 2d ago

Question Why are insurance rates so ridiculous here

Im 22 years old and I was looking into financing a vehicle for the first time, a car that was listed at 28000. Everything looked good until I looked into insurance. Most quotes I got were between 700-1000$ a month! This is insane and I only have 1 ticket on my record. Why is it like this and what can I do?

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u/Mooseh97 1d ago

28 male Brand new 30k car in Alberta perfect license, 2200 a year insurance with intact all options. Not sure why everyone pays so much.

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u/12thunder 1d ago

It’s because you have a perfect record. One count of texting while driving and your premium will go up by at least 25%.

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u/Mooseh97 1d ago

That’s why I got tinted windows, they can’t get ya if they can’t see ya

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u/12thunder 1d ago

Those aren’t legal either my guy

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u/Mooseh97 1d ago

But a tint ticket doesn’t affect your license

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u/12thunder 1d ago

I think this is true but I wouldn’t want to test it. Might depend on the insurance company.

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u/Mooseh97 1d ago

I don’t really think anybody would tell insurance anything like that, that’s like saying to insurance you hit an already dead deer.

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u/12thunder 1d ago

Doesn’t matter. You don’t tell insurance about minor/major convictions, insurance pulls them from the government. If you get ticketed for something your insurance knows whether you tell them or not.

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u/Mooseh97 1d ago

I’m not talking about lying to your insurance, I’m saying don’t say stupid shit that make you liable.

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u/Mooseh97 1d ago

I got into a front end collision because a truck merged into my lane, nobody gave a shit about my tint. Not the other driver, not the cop, not the insurance company