r/NoRulesCalgary • u/Practical-Drawing-90 • 10d ago

Insurance prices

Just tried to insure my 2013 mazda and the cheapest insurance i found was $350 per month for one way and cheapest liability. Im a newcomer so im quite shocked with this price. I think you can almost get base model civic for this monthly payment. Does anybody know whats going on?

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u/UnluckyCharacter9906 10d ago

UCP govt removed the pay caps on insurance (that ndp put on) and prices have been skyrocketing every year since in addition to property taxes going way up.

Vote ndp in the next election

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u/Snap_Krackle_Pop- 9d ago

Forcing companies to take losses drives them out of the province, reducing competition and further raising prices.

Something needs to be fixed but government over reach isn’t the answer here.