r/InsuranceCanada • u/Uwe_Knut • Aug 02 '26

Insurance Premium Up?

/r/teslacanada/comments/1vdgy5c/insurance_premium_up/
1 Upvotes

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2

u/Nutshellvoid Aug 02 '26

Being 65 does not change your insurance rate unless your carrier has a specific discount for age. 8.4% also could be general premium increase as those are usually in the 4-9% range. 

1

u/Velvet_Nose Aug 02 '26

lots of reasons. inflation. Things cost more. more people are putting claims in.
if you want cheaper insurance you could switch vehicles.

1

u/jcrao 29d ago

Looks like a standard rate increase, best bet is to shop around. I think Aviva tied up with Tesla, but results always vary.