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Average Car Insurance Rates by Province in Canada (2026)

Updated

Average Car Insurance by Province

The map below shows the average annual car insurance premium for each Canadian province and territory.

Average Car Insurance Premium by Province

Provincial Car Insurance Rates

Province Average Annual Premium Monthly Cost System
Ontario $2,000 $167 Private
British Columbia $1,850 $154 Public (ICBC)
Alberta $1,650 $138 Private
Newfoundland $1,350 $113 Private
Manitoba $1,200 $100 Public (MPI)
Saskatchewan $1,150 $96 Public (SGI)
Northwest Territories $1,100 $92 Private
Nova Scotia $1,050 $88 Private
New Brunswick $1,000 $83 Private
Nunavut $1,000 $83 Private
Yukon $950 $79 Private
Prince Edward Island $950 $79 Private
Quebec $750 $63 Public/Private

Why Car Insurance Costs Vary by Province

Regulatory Model

Model Provinces Impact
Public insurance BC, MB, SK, QC Government sets rates, often lower
Private competitive ON, AB, NB, NS, PE, NL Market rates, more variation
Hybrid (QC) Quebec Public injury, private damage

Cost Factors by Province

Province Key Cost Drivers
Ontario High fraud, dense traffic, expensive benefits
BC ICBC losses, high repair costs
Alberta Higher vehicle values, urban growth
Quebec Public injury coverage reduces premiums
Atlantic Lower traffic, less fraud
Prairies Public systems control costs

Public vs Private Auto Insurance

Public Insurance Provinces

Province Insurer What’s Covered Private Options
BC ICBC Basic liability + injury Optional top-up
Manitoba MPI Basic + injury Optional top-up
Saskatchewan SGI Basic + injury Optional top-up
Quebec SAAQ Injury only Private vehicle damage

Pros and Cons

Factor Public Insurance Private Insurance
Price competition No Yes
Rate stability Generally Can fluctuate
Claims process One insurer Varies
Coverage options Limited More variety
Dispute resolution Government Courts/arbitration

Average Car Insurance by City

Ontario Cities

City Average Annual Premium
Brampton $2,800
Vaughan $2,500
Toronto $2,400
Mississauga $2,300
Ottawa $1,700
Hamilton $1,800
London $1,600

Other Major Cities

City Province Average Premium
Vancouver BC $2,100
Calgary AB $1,800
Edmonton AB $1,700
Montreal QC $900
Halifax NS $1,200
Winnipeg MB $1,300

What Affects Your Car Insurance Rate

High-Impact Factors

Factor Impact
Location Up to 50% difference
Age Young drivers 200–300% higher
Driving record 15–50% increase per infraction
Vehicle type Luxury/sports 30–50% higher
Claims history 10–30% per claim

Moderate-Impact Factors

Factor Impact
Credit score (where legal) Up to 25%
Mileage/commute 5–15%
Insurance history 10–20%
Home ownership 5–10% discount
Multiple policies 5–15% bundle discount

Low-Impact Factors

Factor Impact
Vehicle colour None (myth)
Gender Limited or none
Profession Minor if any

How to Lower Your Car Insurance

Immediate Savings

Action Potential Savings
Shop around 20–40%
Increase deductible 10–25%
Bundle home + auto 5–15%
Remove unnecessary coverage 5–15%

Long-Term Savings

Action Potential Savings
Clean driving record 15–30%
Usage-based insurance 10–25%
Take defensive driving course 5–10%
Ask about group discounts 5–15%

Required Coverage by Province

Minimum Liability Limits

Province Minimum Bodily Injury Recommend
BC $200,000 $2,000,000
Alberta $200,000 $2,000,000
Ontario $200,000 $2,000,000
Quebec $50,000 $2,000,000
All others $200,000 $2,000,000

Standard Coverage Types

Coverage What It Covers Required?
Third-party liability Others’ injuries/damage Yes
Accident benefits Your injuries Yes (most provinces)
Collision Your vehicle damage (at fault) No
Comprehensive Theft, vandalism, weather No
Uninsured motorist Hit by uninsured driver Yes (most provinces)

Car Insurance for High-Risk Drivers

Facility Association Rates

Driver Profile Typical Premium
DUI conviction $5,000–$8,000
Multiple at-fault accidents $4,000–$6,000
License suspension $3,000–$5,000
New driver (under 25) $3,000–$4,500

High-risk drivers can be placed in the Facility Association, where premiums are significantly higher.

Car Insurance Tips

Shopping Tips

Tip Why It Matters
Get 3–5 quotes Rates vary significantly
Compare online Fast initial quotes
Call for details May find additional discounts
Review annually Rates and circumstances change

Coverage Decisions

Situation Recommended Coverage
New/financed car Full coverage (collision + comprehensive)
Older car (<$5,000 value) May drop collision
Liability risk Higher liability limits
Emergency fund Higher deductibles acceptable

Key Takeaways

  • Car insurance varies dramatically by province, from $750 in Quebec to $2,000+ in Ontario
  • Public insurance provinces (BC, SK, MB, QC) generally have more stable pricing
  • Location, age, and driving record are the biggest rate factors
  • Shopping around annually can save 20–40%
  • Higher liability coverage ($2M) costs little more than minimums