How your postal code affects what you pay in car insurance
What you pay in car insurance rates can have more to do with the traffic, speed and accident history in your neighbourhood than your driving history.
Your driving history isn’t the only thing that can affect how much you pay for car insurance.
A Toronto man’s premium shot up by $600 a year after he moved to a different neighbourhood. His provider, TD Insurance, told him his new location had more intersections.
Read more at CBC News (link below).
A Toronto man's car insurance shot up $600 per year after he moved to new neighbourhood. https://t.co/49NHgkBLaU
— CBC Marketplace (@cbcmarketplace) May 23, 2018