Join Date: Oct 2007
Location: Alberta, Canada
• Horses: 0
*puts on lecture cap*
Okay... insurance is one place you do not want to skimp on with your money. Especially as a new driver in Alberta, you do NOT want to skimp out on insurance. Being a new driver, you're more likely to get in an accident just because you don't have the experience, even if you are an above average driver.
Can you get cheap insurance? Oh yes, definitely - but it will only cover the most basic of basics, so if you're in an odd situation or have an accident or a vandalization that isn't covered by your insurance, you're on the hook to pay the full cost.
To give you an idea... I have complete comprehensive insurance so I have glass covered on my car. My car got broken into through the teeeeeeeny little triangular pane of glass on the rear doors (sedan) - I called around and that little pane was quoted to be $600-800 to replace. Since I had coverage, I only paid the $150 deductible, and the insurance company covered the rest.
Is my insurance expensive? Yep, but it is SO worth it. I have peace of mind knowing that I am covered for just about anything that could happen to myself or my car *knock on wood.*
My advice? Talk to a few big insurance companies, and speak directly to some reps. They will discuss all the options with you (that's their job - and they will help you) - that will give you a good idea about what you're going to pay for what where. It's going to be expensive, unfortunately - but you can make monthly payments so you don't have to come up with a few grand right on the spot.
If you take anything away from this, please please please do not go with a plan that is cheap; you'll pay for it in the long run. If you shop around you can find the best deal for you, absolutely, and as a younger woman with a brand new car, I can appreciate the expense and not wanting to pay an arm and a leg.
The lovely images above provided by CVLC Photography cvlphotography.com