Expensive insurance for citizens under 25 in Ontario

Many young people in Ontario say insurance companies are unfair in their pricing for people under the age of 25.

For young people insurance prices are approximately $200-$300 per month. The price fluctuates and can reach $500 or $600 a month depending on the car they drive and their driving record.

“The price of insurance is 100 per cent unreasonable. Insurance should start low and go down from there and should only go up if you have driving tickets or charges,” said Bobby Rollo, a 20-year-old Windsorite. Rollo has had his own car for a year and a half and his insurance went down 10 per cent when he got his full G license. His insurance is $210 per month under his mother’s name.

“Nobody should be punished with an outrageous insurance rate for being young,” said Rollo.

Insurance companies never pay or give any of the money back even if the person has never been in an accident and this upsets some citizens.

“I think insurance is too high and they will never return any of the money you pay into it no matter if you’re in an accident or not,” said Ben Orlando, 21. Orlando has been driving since he was 18 and has had his own car for two years. He pays $350 per month for insurance.

Orlando said he thinks the price of insurance should go down.

“It’s getting harder and harder for middle class people to pay for a car, let alone gas or insurance,” said Orlando.

The cost of insurance can affect the way people live and what they have the opportunity to do because of money.

“It affects me by not being able to do other simple things I want in a month. It definitely stresses me out because I can’t afford simple things I want or need because I know that I have to pay the insurance bill next month and have to save the money for it,” said Orlando.

At many insurance companies, men pay more than women do.

Ryan Stepanek, 20, a Windsorite who has been driving for three years said he thinks it’s unfair that women pay less than men do.

“It is terribly discriminatory. Females pay less just because it’s assumed they are good drivers and men are reckless. We are penalized for the mistakes we may not have even made yet. Ontario insurance is too high all around, and unfair,” said Josh Cook a 20-year-old Windsorite.

Ontario has the highest auto-insurance rates in Canada which 45 per cent more than Alberta which is the second most costly.