Car Insurance Alberta Cost

What factors affect the cost of car insurance in alberta.

Car insurance alberta cost. If you automatically renew your auto policy or rely on a traditional brokerage with a limited number of insurance partners you ll almost certainly see your car insurance premiums go up. In alberta mandatory car insurance coverages include. It s the bare minimum to protect you and your loved ones. This makes it the third most expensive canadian province for car insurance with the first and second place going to british columbia and ontario respectively.

The best part is you can use our car insurance calculator anytime. Third party liability only car insurance premium cost for different engine capacities. The cost for auto insurance in alberta has increased a lot over the last few years and it continues to rise. Albertans pay about 25 less for their car insurance than ontario drivers.

Alberta car insurance facts. Our online car insurance calculator helps alberta drivers quickly compare rates and complete your insurance shopping online. Alberta s minimum coverage like that of many other provinces doesn t provide much in the way of coverage. For example drivers carrying only minimum coverage may be responsible for all transportation and repair costs after an accident.

Beyond taking into account the wide range of driving conditions in alberta the prairie north of edmonton the mountains around banff the rolling foothills of lethbridge determining which insurance is right for you and how your premiums are calculated is an intricate multi value equation. The minimum liability requirement of 200 000 is marginal at best. Unfortunately vehicles are more expensive than ever to repair and there are still a large number of crashes especially in calgary and edmonton. Well on average alberta car insurance premiums are 122 month in 2017 it was 114 month in 2015.

In alberta the average cost of car insurance was 1 251 canadian dollars as of june 2018. 10 ways to lower your car insurance rates in alberta you ve probably noticed an increase in your car insurance rates in alberta over the last few years. Whether you have a few minutes in the morning before work in the evening after the kids go to bed or even on the weekend our alberta insurance calculator is always online and ready. How alberta car insurance prices compare to other provinces.

Automobile insurance rates in alberta can depend on a variety of factors some which are in your control and others which aren t. If you lease finance or own a car in alberta types of auto insurance you need to have by law are liability and accident benefit coverages. The above mentioned premium costs are in effect from june 16 2019. The cost of car insurance in alberta can vary because car insurance is such a customized product.