My auto insurance just renewed and my monthly premium went up by 20 bucks a months. 2nd year in a row now. I recall my premium dropping each year back in 2017-2022. Not anymore – I even called and they simply said that premiums are just higher now..

    Has anyone else had the same increases?

    – For context – 35M. Toronto, ON based. Clean driving record

    Increasing premiums at renewal
    byu/That_Ad_247 inInsurance



    Posted by That_Ad_247

    2 Comments

    1. Solid_Definition4611 on

      Can’t speak to Canada specifically, but yes, premiums going up in recent years is very normal.

      An increase of $20 a month is relatively minor.

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