Quote:
Originally Posted by underscore
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.
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My rates were before the NDP changed some rules recently (5 years back). You actually have it backwards. The NDP put forward the legislation that limited rate increases and that is what caused insurance companies to start reacting in the current manner. They are now trying to find ways to limit their exposure to bad drivers so they can continue to be profitable. There was no rate limiting when I was insured in AB. TD Meloche Monnex is not the same as regular TD insurance btw they are actually two different types of insurances. Honest answer, no idea. All I know is my rates were drastically less than now and I had 4 vehicles compared to the 1 now.
