Car Insurance Ontario Vs Alberta

To put that into context alberta has the third highest auto insurance rates in the country behind only ontario and british columbia.

Car insurance ontario vs alberta. If you have questions talk to your desjardins agent to get advice and see how you can get coverage that s suited to you and your family. Ibc with data from gisa and icbc 2017 1 800 1 200 600 300 900 1 500 0 icbc ab on ns pei nb nl series 1 1 680 1 251 1 445 842 793 819. Ontario 1 445 average annual premium. A 2011 study compared both dollar cost and affordability of car insurance across canada.

Ontario car insurance resources car insurance for pleasure vs commute in canada. While prices have changed since then relative patterns remain similar. From adding a new teen driver to moving to getting a different car a lot of factors can impact your car insurance premium. In any case when a major change occurs to the primary use of a vehicle changes in car insurance premiums immediately follow.

Comparison of auto insurance in bc and alberta march 18 2019 prepared for ibc by. 3 auto insurance premiums across canada source. The average auto insurance in ontario is over 1 500 a year. This is not a new thing.

We offer car and home insurance in alberta british columbia ontario quebec new brunswick nova scotia and prince edward island. Provincially the best comparison was conducted by the fraser institute in 2011 comparing car insurance cost and affordability across canada. In real dollar cost terms ontario is the most expensive province to insure a car at the time of the study the average amount paid by. Car insurance for pleasure vs commute in canada.

Driving up and down the 401 doesn t come cheap. How are alberta s auto insurance rates compared to the rest of canada. Alberta is considered to have the second most affordable insurance rates in the country when considering the fact that insurance expense only accounts for 2 7 of disposable income. It turns out though that the way car insurance is delivered and its cost varies significantly from province to province and by far the most expensive province for car insurance is ontario.

The average driver in ontario paid close to 1 300 for car insurance annually. It s been this way forever and apparently it is a monster that no government no industry association no company and no consumer advocacy group can wrestle to the ground. On average drivers in alberta pay nearly 1 200 annually. Alberta 1 251 average annual premium.

Auto insurance in canada 2. Car insurance our coverage policies are tailored to your driving habits no matter if your car is your home away from home or if you only drive occasionally. In 2015 ontario was the most expensive with average premiums of 1 281 per year but its 247 hike doesn t seem too bad in comparison to bc. Several factors directly affect car insurance premiums.