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  Msg # 131 of 1396 on ZZCA4365, Monday 7-14-24, 8:51  
  From: CAM NEWTON  
  To: ALL  
  Subj: Re: Buying 'beater' insurance in Ontario  
 XPost: can.legal, can.politics 
 From: ccnewto@hotmail.com 
  
 On Mon, 9 Aug 2004 22:05:55 -0400, "Daffy Duck"  
 wrote: 
  
 >Hi, 
 > 
 >A couple of days ago I bought a 'beater' for $1000, a 1992 Chev Cavalier. 
 >After a little bit of maintenance and cleaning it has turned out to be quite 
 >a nice car. Now I would like to purchase insurance. At that price, it makes 
 >no sense to purchase  collision or comprehensive. I only want the minimum, 
 >$200,000 third part liability that I need to drive legally. My last luxury 
 >car died of sudden engine failure at 13 years and that kind of lose is not 
 >covered by insurance. I've been driving for 38 years. Can someone direct me 
 >to an honest insurance broker where I can buy insurance for less than $500. 
 > 
 >I note that Ontario new car sales are down by 9% this year, because of the 
 >high price of insurance. 
  
 Dubious relationship. Other factors such as fuel costs may be more 
 important. 
  
 >At current insurance prices, it will pay the 
 >insurance companies to give away automobiles for free and still reap a huge 
 >profit from insurance premiums. 
 > 
  
 Doubtful. 
  
 Take the bus. 
  
 >Buddy 
 > 
 > 
 > 
  
 --- SoupGate-Win32 v1.05 
  * Origin: you cannot sedate... all the things you hate (1:229/2) 

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