Title: Evaluating Auto and Home Insurance Costs in Pickering: Is $3,600 Annually Reasonable?
Moving to a new residence in Pickering with a private garage has prompted a review of my insurance expenses. I currently lease a Subaru, which I financed in 2024 after minimal driving due to my remote work setup. The vehicle has accumulated approximately 18,000 kilometers to date.
Historically, I’ve maintained a combined insurance premium of $350 per month for both home and auto coverage through Intact. Recently, I requested updated quotes to gauge potential savings, only to find that my monthly rate would decrease marginally to around $300. I hold a valid G license since 2019 and have a clean driving record, with no tickets or incidents.
I’m curious about what typical insurance costs look like for residents in the Pickering area. Does an annual expense of $3,600 for both auto and home coverage seem reasonable, or might I be overpaying? I would appreciate insights or experiences from others in similar situations to better understand current market rates.
