u/doycarlo

I’m looking to buy a new car but I’m getting high insurance quotes. I have no claims and my driver factor is 0.668. The following are the quotes I got. It has $2M liability and $500 deductible. Are these normal for new cars? Or is it because I have less than 10 years BC driving experience? I will use this for commuting more than 15 kms daily. I live in Lower Mainland. I’m just trying to understand if it’s because of my experience or because it’s a new car that‘s causing the high premium.

$700/mo - 2026 Tesla Model 3 RWD

$360/mo - 2026 Toyota RAV4 Hybrid

$355/mo - 2026 Honda CR-V Hybrid

$380/mo - 2026 Toyota Corolla Gas

$470/mo - 2026 Nissan Leaf Base