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Car insurance groups and how they work ?????

Which way around is it:

The lower the insurance group (1,2,3 etc) the cheaper is it

OR

THe higher the insurance group (12,13,14 etc) the cheaper it is ?

The higher the group the higher the premium.

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Good or Bad Idea about car insurance: I am a broke college student with a $200 car payment a month………?

I am a broke college student with a $200 a month car payment. My monthly insurance is $240. So every month I am paying almost $450 for a car plus full coverage.And that is with a deductible of $500. NOW….i found online that if a pick a deductible of $1,000 or higher I can save over a hundred dollars a month on car insurance. Is this a good or bad idea????????

As long as you’re prepared to fork over $1000 when you are in an accident, its a good idea. If you can save $100 per month, you just have to go for five months without an accident and you’ll break even. Go longer without an accident, and you’re saving money.

BE SURE that you have $1000 to pay for your deductible, though, if you get in an accident.

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Car insurance for teachers in Ontario?

I’m a high school teacher looking to buy auto insurance for the first time. What companies offer discounts for teachers in Ontario?

Ask your union or the Ontario Teachers’ Pension if they have any agreements with insurance companies on discounts. Hey, the OTP owns the Leafs and Raptors, and now BCE, so you would think that they can give you guys some benefits, right?