You're right, it is. But according to the gov't these people are still permitted the privilege to drive. They can borrow a car or rent one but they can't properly insure their own. I'm curious what happens if you lose the required coverage partway through financing.
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Originally Posted by prudz
Private insurance is harsh for people with bad records, it's amazing for people who have clean records. When I was paying td I always felt like public insurance was better and i'd be paying less. I'd be so happy to be back paying private insurance.
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Since you have firsthand experience with it do you know why the quotes I got online from TD were so high? It was all with spotless records and way higher than what I pay here. From my (limited) understanding Alberta was good when there was legislation limiting rate increases but now that it's gone rates have been cranking up a lot.