Hey guys, I'm in the process of getting new car insurance.
Switching over my coverage from an American company to a Canadian. (I moved). Wow there is a BIG price difference. I was paying under 100 a month before... now I'm paying 200+ a month. Pretty big increase. However, the liability coverage is much better here (usually at $1 Mil) whereas in the states it's not nearly as high.
I had health insurance through my job in the states... but in Canada... oh yeah, I don't need to worry about that here! Haha, that is one pretty big plus.
I'm not really a huge fan of Insurance as I feel like it's generally overpriced for what you're getting. Insurance is just one of those things you have to pay and 99% of the time you won't need it, but that 1% of the time you need it, you REALLY need it.
Basically lottery odds, unless you're a really bad driver.
Interesting thought; instead of having insurance, imagine if you had spent all that money over the years on lottery tickets, then realize you could buy something like 400-800 lottery tickets a year. I don't want to think about that.