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Old 01-17-2013, 03:16 PM   #1
elementloverrr
EOC Rank: Hydrogen
2006 *Not an Element owner
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Ridiculous Insurance Premiums (Canada)

I just called a couple insurance companies and they told me the Honda Element has a high collision rating. Im an 18 year old male with a G2 license, my brother (young driver, G2) pays $2500/year for his Nissan Pathfinder which is a similar vehicle in size. For my quote on the element, it was $5000 dollars a year!!!!!!!! Five Thousand!!!!!! That is rediculous and a deal breaker for me, anyone else find a company with lower rates on the E's? Is this why they stopped making them? It seemed too good to be true, i guess it was.
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Old 01-17-2013, 03:29 PM   #2
aniki
EOC Rank: Hydrogen
2009 SC 2WD 5AT
Crystal Black Pearl (CBP)
 
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Location: Charlotte, NC
Posts: 94
That's pretty crazy. I only pay 58 a month for my element and its the SC model too. How is your driving record?
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Old 01-17-2013, 03:37 PM   #3
misdirection11082
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2009 SC 2WD 5AT
Midnight Red Pearl (MRP)
 
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Location: charlotte, nc
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I pay $65 but I have tons of coverage. Hopefully the Canada owners can chime in here.
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Old 01-17-2013, 04:26 PM   #4
elementloverrr
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That is with a perfect driving record, the collision rating is supposively too high. Such a bumer, seems like a perfect car.
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Old 01-17-2013, 04:49 PM   #5
elementloverrr
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Just wanted to give a heads up to all canadians buying a honda element, in our communist regime the insurances prices are waay overpriced. The dealer will not warn you about these outrageous premiums on such a standard (seeming) SUV, i encourage you to check your premiums before you buy it like i should have done. Go USA!
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Old 01-17-2013, 05:12 PM   #6
onaquest
EOC Rank: Hydrogen
2008 SC 2WD 5AT
Root Beer Metallic (RBM)
 
Join Date: Oct 2012
Location: Vancouver, BC
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I have maximum discount and my insurance is 136/mo. In BC we have 1 major provincial motor insurance company. There are others but they aren't worth it, from what I've read.
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Old 01-18-2013, 04:47 AM   #7
TboneGreen
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2003 2WD DX MT
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Location: Winnipeg, Canada
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I am in Manitoba Canada - with a clean driving record I only pay about $110/month (below average). I don't know where the heck you're getting your quote from, but holy crap!

A "high collision rating" doesn't really make sense, does it?
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Old 01-18-2013, 05:04 AM   #8
independent77
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2004 2WD LX MT
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Location: moncton, new brunswick
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36 and married, Atlantic Canada.
3 cars(PLPD, Collision etc) and House coverage, $120 a month.
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Old 01-18-2013, 09:49 PM   #9
onaquest
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Quote:
Originally Posted by independent77 View Post
36 and married, Atlantic Canada.
3 cars(PLPD, Collision etc) and House coverage, $120 a month.
I'm envious, in bc there are no multi vehicle discounts
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Old 01-19-2013, 12:53 PM   #10
elementloverrr
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i found out if its an 06 element or higher its ignificantly higher. Go to www.ibc.ca. Ontario is the worst for liability in canada and im a young driver ( perfect record).
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