InsuranceHotline.com Awards Gift Card to Toronto Resident

The Favourite Dream Car Contest, which ran on Facebook from December 14, 2011 to January 13, 2012, has now ended and InsuranceHotline.com is pleased to announce the contest winner. Kim Coady of Toronto, Ontario is the winner of a $250 Canadian Tire gift card. Kim submitted a photo of her favourite dream car – 2011 Chevrolet Camaro 1S, which received the highest amount of votes.

"Insurancehotline.com, you made my day. I can't wait to go shopping and buy some much needed items for my home," says Kim Coady, the contest winner. "Will also be calling you about home insurance. Thanks again so much."

The contest, held on Facebook, offered Canadian residents (excluding Quebec) a chance to win a $250 Canadian Tire gift card. Participants submitted a photo of their favourite dream car, which then allowed people to vote on their favourites.

The three cars that received the highest amount of votes were:

  • 2011 Chevrolet Camaro 1LS
  • 2012 Chevrolet Volt
  • 1966 Ford Mustang

It was interesting to see that the luxurious cars submitted (including a Bentley, Ferrari or Lamborghini) were not a favourite dream car according to Voters in the contest and two Chevrolets were in the top three favourite dream cars. And surprisingly, a few entrants submitted common vehicles as their favourite dream car – a Dodge Caravan and a Nissan Murano.

Most people would likely assume that a dream car would be very expensive to insure. InsuranceHotline.com reveals the approximate cost of car insurance for the top three cars in the contest.

  • 2011 Chevrolet Camaro 1LS ranges from $2,106 to $2,171 per year.
  • 2012 Chevrolet Volt ranges from $1,914 to $2,218 per year.
  • 1966 Ford Mustang ranges from $1,479 to $1,652 per year.

The above car insurance rates were based on the profile of a 35 year old male driver who has been licensed for 19 years without any accidents or tickets on record. The insurance coverage quoted includes $1,000,000 liability and a $500 deductible for both collision and comprehensive coverage.

With over 7,000 votes, the contest was definitely a success and InsuranceHotline.com is looking forward to holding similar contests in the future.