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🇨🇦 IN CANADA, YOU CAN DRIVE THE SAME CAR FOR FIVE YEARS, HAVE ZERO ACCIDENTS, AND STILL WATCH YOUR INSURANCE BILL GO UP. Think about how absurd that feels. Your car is older. Its resale value has fallen. You haven’t made a claim. You’ve maintained a clean driving record. Yet your renewal arrives, and you’re paying more. Why? Because insurance premiums aren’t based solely on what YOUR car is worth or how YOU drive. Insurers also price in: 🚗 Rising vehicle repair costs. 🔧 Expensive sensors, cameras and replacement parts. 🚨 Vehicle theft and claims across your area. ⚖️ Injury claims and legal expenses. 🌪️ Weather-related damage. 💰 The overall cost of settling claims. And here’s the financial trap. You need a car to get to work. You need insurance to legally drive it. You pay fuel taxes, sales taxes, registration costs, maintenance and parking. Then your insurance premium rises even though you’ve done absolutely nothing differently. CANADIANS ARE PAYING MORE JUST TO KEEP USING THINGS THEY ALREADY OWN. The same problem exists with home insurance, property taxes, condo fees and utilities. These aren’t luxury purchases. They’re recurring costs of ordinary life. And unlike a restaurant meal or a vacation, many are difficult to avoid. That’s why Canada’s affordability problem is bigger than grocery inflation. THE REAL SQUEEZE ISN’T ALWAYS BUYING SOMETHING NEW. IT’S THE RISING COST OF KEEPING WHAT YOU ALREADY HAVE. 🍁 @wealthmoose #Canada #AutoInsurance #CostOfLiving