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Title: $10k speeding ticket... Post by: Aske on October 30, 2007, 01:41:07 PM http://www.theglobeandmail.com/servlet/story/LAC.20071030.SUSPEND30/TPStory/TPNational/Ontario/
Title: Re: $10k speeding ticket... Post by: stroh on October 30, 2007, 02:01:41 PM Our objective is to get these street racing Oldsmobiles off the streets.
Title: Re: $10k speeding ticket... Post by: birdymaker on October 30, 2007, 02:14:07 PM your new insurance agent will be ben. ben dover. [sm_hump] :fear:
Quote Insurance premiums of anyone convicted under the new law will increase "exponentially," even if they previously had a clean record, Mr. Yutman acknowledged. Title: Re: $10k speeding ticket... Post by: worst_golfer_ever on October 30, 2007, 02:29:04 PM Quote Insurance premiums of anyone convicted under the new law will increase "exponentially," even if they previously had a clean record, Mr. Yutman acknowledged. Drivers who have already run into some trouble could find it difficult to obtain insurance through the major providers, he added. "Insurance will be available, but it becomes incredibly expensive." Do Canadian insurance companies pay for speeding tickets or something? Title: Re: $10k speeding ticket... Post by: birdymaker on October 30, 2007, 02:43:19 PM Quote Insurance premiums of anyone convicted under the new law will increase "exponentially," even if they previously had a clean record, Mr. Yutman acknowledged. Drivers who have already run into some trouble could find it difficult to obtain insurance through the major providers, he added. "Insurance will be available, but it becomes incredibly expensive." Do Canadian insurance companies pay for speeding tickets or something? no, but they do pay for accidents that result from reckless driving. 50 kmh over the speed limit is 32 mph over, ie 102 in a 70. ;) Title: Re: $10k speeding ticket... Post by: worst_golfer_ever on October 30, 2007, 03:54:24 PM Quote Insurance premiums of anyone convicted under the new law will increase "exponentially," even if they previously had a clean record, Mr. Yutman acknowledged. Drivers who have already run into some trouble could find it difficult to obtain insurance through the major providers, he added. "Insurance will be available, but it becomes incredibly expensive." Do Canadian insurance companies pay for speeding tickets or something? no, but they do pay for accidents that result from reckless driving. 50 kmh over the speed limit is 32 mph over, ie 102 in a 70. ;) I was wondering why that would change with this new law. Surely driving 50kmh over the limit was illegal before the new law? I'd expect a new fine to have no impact on insurance rates. Sure, your rates will go up if you have bad marks on your driving record, but the amount of the fine shouldn't impact the rates. Title: Re: $10k speeding ticket... Post by: gleek on October 30, 2007, 04:20:41 PM But that's $10K in Canadian currency. That's probably only about...Oh wait. :sad3:
Title: Re: $10k speeding ticket... Post by: birdymaker on October 30, 2007, 05:07:24 PM I was wondering why that would change with this new law. Surely driving 50kmh over the limit was illegal before the new law? I'd expect a new fine to have no impact on insurance rates. Sure, your rates will go up if you have bad marks on your driving record, but the amount of the fine shouldn't impact the rates. yes, i see your point. maybe insurance in canada is run by the mafia like here. 8) Title: Re: $10k speeding ticket... Post by: stroh on October 30, 2007, 05:11:57 PM I was wondering why that would change with this new law. Surely driving 50kmh over the limit was illegal before the new law? I'd expect a new fine to have no impact on insurance rates. Sure, your rates will go up if you have bad marks on your driving record, but the amount of the fine shouldn't impact the rates. yes, i see your point. maybe insurance in canada is run by the mafia like here. 8) LOL. They give up on Vegas? If the level of speed is deemed attributable to an increase in the amount and severity of accidents, and the amount of fine correlative to the speed, I can see an insurance company using that as a scale of potential risk. Title: Re: $10k speeding ticket... Post by: Aske on October 31, 2007, 11:07:15 AM But that's $10K in Canadian currency. That's probably only about...Oh wait. :sad3: yeh, about 10.52k in $uck dollars. |