Hi guys,

just wondering out of curiosity what everyone in Canada is paying for insurance. I got my rate yesterday and it seems insane! (i.e I'm really happy with it).

On my Saab 92x AWD I was paying 1300/year in Calgary

My rates of the Rx-8 are as follows:

Full coverage with grand touring package from TD
$913/year

I'm just over 25 years old, clean driving record, no tickets and a recognized professional. I'm still really surprised that its THAT low. My rate is going down again (about 80 dollars) in a month or so when I move into a new house I just bought (which reduces my commute from 20kms to 10kms).

You can't really compare insurance rates. So many factors go into your premium. Different provinces have different average rates. Even within the same city, premiums will differ based on different parts of the city. Different insurance companies will charge different rates for the same driver. Like when you had Saab, was that rate before you turned 25? The under 25 drivers are in the high risk pool and hence higher charged premium. So many different factors go into it that you just end up comparing apples to oranges.

Insurance on the 8 is low. For my wife and I (both with squeeky clean records and both over 40), we pay $1700 for our '04 rx-8. We were paying $1400 for our '92 MX-3 prior to getting the 8. So, we were pleasantly surprised when we were quoted the price for the 8. Could we do better than $1700? Maybe ... but we're pretty happy with the insurance company.

What would be the insurance rate for a beginner driver with and 08 RX-8 GS for a year ?

You can't really compare insurance rates. So many factors go into your premium. Different provinces have different average rates. Even within the same city, premiums will differ based on different parts of the city. Different insurance companies will charge different rates for the same driver. Like when you had Saab, was that rate before you turned 25? The under 25 drivers are in the high risk pool and hence higher charged premium. So many different factors go into it that you just end up comparing apples to oranges.

The rate I had on my saab was after I turned 25.

What would be the insurance rate for a beginner driver with and 08 RX-8 GS for a year ?

Call your broker and find out

The rate I had on my saab was after I turned 25.

I think the 8 is getting rated lower is because VICC doesn't really have much data on them. Since the data they do have isn't credible, they have to make an estimate on which vehicles it closely resembles in terms of theft and fire risk, safety, etc...So you can probably guess that they're rating them below what the 350Z, G35, etc... are being ranked.

i was pretty shocked at how cheap the insurance was for me... last year at age 22 I was paying $2100/year full coverage.. and now age 23 I'm paying $1750/year. my friend who has a similar driving record ( or lack of. completely clean..) and age bought a used (yr 2001) S2000 and he is paying ~ 800/year more than I do

I pay $360 a month for a 2005 RX8 and a 2007 Chevy Equinox through Progressive. But i'm only 21.

I believe its classfied as a 4 door car, so its lower from that aspect also.

damn! I am in calgary too, but i pay $5,200 dollars. this is the rate for this year but i am turning to 21 at July so by that time, i will only have to pay $4,100/year which is still way too much!!!

I am 26 and pay 960/year on my gt rx8 with full coverage and the lowest possible deductable. I pay 1072/year on my 06 mazda6 GT V6 with the same coverage, and 624/year on my 07' Honda CBR600RR sport bike with full coverage. I like my issurance company A LOT. Keep in mind I have homeowners and multiline discount as well.

I am 26 and pay 960/year on my gt rx8 with full coverage and the lowest possible deductable. I pay 1072/year on my 06 mazda6 GT V6 with the same coverage, and 624/year on my 07' Honda CBR600RR sport bike with full coverage. I like my issurance company A LOT. Keep in mind I have homeowners and multiline discount as well.

sounds right...Kingston should have lower base rates than the GTA for the major coverages. See if they have a claims free, long term and multivehicle discounts.

I am 26 and pay 960/year on my gt rx8 with full coverage and the lowest possible deductable. I pay 1072/year on my 06 mazda6 GT V6 with the same coverage, and 624/year on my 07' Honda CBR600RR sport bike with full coverage. I like my issurance company A LOT. Keep in mind I have homeowners and multiline discount as well.

You're 26 and have 3 newer vehicles and pay ~$2600/yr in insurance. Wow! I didn't have my first car until I was 28. You have a good job or what? Do you want to adopt a 43 year old :lol:

ya.. the insurance rate is really low on RX8s, because it is considered a 4-Door Sport Sedan...

When I replaced my STi to the RX8, the insurance went from $4500/yr to $1200/yr now....

Insruance event went down when we bought the G35X... think it is just under $1000 or something even cheaper than the wife's old G35 Coupe...

I did have a few tickets throughout the years.. lol

Yah that is one of the beauty of this car my insurance co. considers this car to be 4-door so my rate is lower than if i was to buy a 350Z Also my insurance co has the engine listed as a four banger LMAO!!!!!!!

You're 26 and have 3 newer vehicles and pay ~$2600/yr in insurance. Wow! I didn't have my first car until I was 28. You have a good job or what? Do you want to adopt a 43 year old :lol:

haha, Yeah I am doing pretty well. Was a registered nurse now I have " upgraded" so to speak, as in have got a higher education and have gone to a higher level in the health care community, Also, My wife is an advanced practice nurse so we can't complain. will have to take a raincheck on the adopting a 43yr old thing:), thanks though.

damn! I am in calgary too, but i pay $5,200 dollars. this is the rate for this year but i am turning to 21 at July so by that time, i will only have to pay $4,100/year which is still way too much!!!

YIKES! Phil, what have you been doing out there? :lol: Bet you cant wait until you're 25..!
I pay 1300 as well with a nasty commute in there.. pays to have multi vehicle/home discount i guess! Gotta love the 4 door too ;) sure helps.

What would be the insurance rate for a beginner driver with and 08 RX-8 GS for a year ?
prolly the same as it would be for a GT, i belive the insurance companies only rate you on the Gs becuase there is no real difference between the 2 excpet the small things like leather ect.ect, also, they consider the Rx8 a 4 door car, which helps as well..
and a 2007 Chevy Equinox .
lmao, i make those.

i was pretty shocked at how cheap the insurance was for me... last year at age 22 I was paying $2100/year full coverage.. and now age 23 I'm paying $1750/year. my friend who has a similar driving record ( or lack of. completely clean..) and age bought a used (yr 2001) S2000 and he is paying ~ 800/year more than I do

Mind me asking which insurance company/broker you are with?

I am 48 , clean record rx8 GT 2004 week end used $ 643.00 with RBC in Quebec

^^ 'pleasure' use is way cheaper than 'commute' or 'daily' use.. LUCKY YOU!

Yah that is one of the beauty of this car my insurance co. considers this car to be 4-door so my rate is lower than if i was to buy a 350Z Also my insurance co has the engine listed as a four banger LMAO!!!!!!!

Lol, a four banger. When they asked me how many cylinders my car has, I stated it had none. She was puzzled, i said it was a rotary, she's like what, said it had no pistons, instead of pistons i had rotars. She's like no cylinders, I'm like, instead of two cylinders I have two housings, and instead of pistons i have rotars. So my car is a 4 door, 1.3L, 2 cyl automobile.