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In less than five minutes, compare car insurance quotes from Canada's top providers, including Economical Insurance, CAA Insurance and Travellers Insurance–your best rate is only a few steps away.

Recent cheap car insurance quotes from Ratehub.ca users

Here are a few sample car insurance quotes Ratehub.ca users received – last updated in June 2025. To find out how little you could be paying, try our free car insurance calculator and compare cheap auto insurance quotes today. 

  • $114/month

    60-year-old male

    Driving a 2020 Honda CR-V Touring under CAA Insurance

  • $101/month

    43-year-old male

    driving a 2013 Dodge Caravan under Heartland Farm Mutual

  • $262/month

    28-year-old female

    driving a 2022 Tesla Model 3 under Economical Insurance

  • $197/month

    22-year-old male

    driving a 2019 Ford Escape under Pembridge Insurance

How to compare auto insurance quotes with Ratehub.ca

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What Canadians are saying about us

  • Fast and Professional


    Had the pleasure of dealing with Morgan Roberts. Service was fast and very professional. Would recommend (price was also fair).

    Justin

    Google Reviews - May 2025

  • Recommend for a quote!


    The RH insurance agent (Jessica) was courteous, knowledgeable, thorough and engaging and she answered all my questions. I can definitely recommend them for a quotation!

    Tee

    Google Review - April 2025

  • Flexible and transparent


    I’ve been stressed about finding insurance after being categorized as a high-risk driver. Morgan helped give me the flexibility and transparency to find an insurance company that was better than anything I have found on my own. Thank you Morgan.

    Aswin

    Google Reviews - April 2025

Why you should choose to compare with Ratehub.ca

  • 1,200,000

    monthly active users

  • 12 years

    experience in the Canadian market

  • 5-star rated

    quality and respected service

  • Proudly Canadian

    partnering and serving Canadians

Shopping for auto insurance in Canada

If you own and drive a car in Canada, you know that auto insurance is a legal requirement, and you may also realize that it's only getting more expensive to insure a vehicle. With premiums on the rise, finding the right coverage at an affordable price has become a real challenge for many drivers. While there are a number of ways you can attempt to save, the best way to find your cheapest rate is to shop the market and compare car insurance quotes online. 

Discover how auto insurance premiums in Canada have increased over time.

 

What are the types of auto insurance in Canada?

The type of car insurance and the coverage requirements you're required to carry will differ from province to province. But no matter where you're situated, you'll have the option of customizing your policy with additional options. Here's a quick overview of the main coverages available to  Canadian drivers:

Third-party liability


Accident benefits


Uninsured motorist


Direct compensation for property damage


Collision


Comprehensive


Optional endorsements


How does auto insurance differ from province to province?

Auto insurance works differently depending on where you live in the country. In the table below, we break down the key differences in each province, including public vs. private systems and mandatory vs. optional coverages:

Canadian province Private insurance Public  insurance Minimum liability Accident benefits Uninsured motorist DCPD Collision & comprehensive
AB Yes No $200,000 Required Optional Yes Optional
BC Yes Yes $200,000 Required Included No Optional
MB Yes Yes $200,000 Required Included No Required
NB Yes No $200,000 Required Required Yes Optional
NF Yes No $200,000 Optional Required Yes Optional
NS Yes No $500,000 Required Required Yes Optional
ON Yes No $200,000 Required Required Optional Optional
PEI Yes No $200,000 Required Required Yes Optional
QC Yes Yes $50,000 Required Included Yes Optional
SK Yes Yes $200,000 Required Included No Required

How much does car insurance cost in Canada?

Here is a chart showing the average cost of auto insurance across Canada. While car insurance rates vary depending on a multitude of factors, this chart highlights how the average cost of car insurance differs from province to province. The data is taken from the Auto Insurance Rate Board 2025 Market and Trends mid-year report.

The average cost of auto insurance in Canada by province

Personal factors that impact your cost of car insurance

Some of the biggest misconceptions about auto insurance revolve around the factors that impact your quote. For instance, contrary to popular belief, red cars aren't any more expensive to insure than cars of other colours. 

While a number of external market factors do have an impact on insurance pricing models , insurance companies also consider many individualized factors when calculating your auto insurance rate. These go beyond the coverage selections, limits, and discounts on your policy. Here, we cover some of these factors – generally speaking, the more risk you present, the higher your premium will be:

 

  • Age

    As you age and you gain more experience driving, you should see your rates go down. But elderly drivers can also see rate hikes.

  • Gender

    Statistically speaking, men are more likely to get into accidents than women – and therefore see higher auto insurance rates.

  • Location

    Living in busier, traffic-congested areas will lead to higher premiums. The same goes for areas with high crime rates.

  • Driving history

    Implications on your driving record (e.g. at-fault accident, speeding ticket) will lead to higher insurance rates.

  • Driving behaviour

    More driving inevitably leads to a higher likelihood of making a claim – so if you have a long commute, expect more expensive insurance.

  • Vehicle type

    Newer vehicles that are costly to repair and replace lead to more expensive coverage. The same goes for highly stolen cars.

Pro tip: Honesty is the best policy

When comparing car insurance quotes, it’s crucial to be as honest and accurate as possible about all your rating factors. While it might be tempting to provide certain answers to help lower your rate, discrepancies can result in inaccurate quotes – or even policy cancellations down the line. Being upfront ensures you receive a realistic estimate, preventing any surprises when it comes time to finalize your coverage.

Also read: Lying about your address on car insurance? Here’s what happens

Why is auto insurance getting more expensive?

For those wondering why their auto insurance premium keeps going up annually, despite the obvious reasons, such as purchasing a new car or getting into an at-fault accident, there are many factors outside of your control that contribute to the rising cost of auto insurance across Canada.

One of the biggest reasons for rising rates is inflation. As the cost of goods and services increases, so does the cost of insurance claims. For instance, vehicle repairs have become more expensive due to the rising costs of cars, materials, and labour. As claims become more costly for insurers to fulfill, these expenses are passed on to policyholders through rate hikes.

Additionally, other market factors that contribute to rising auto insurance costs include vehicle theft, insurance fraud, and natural disasters. As these incidents become more frequent, drivers will see the impact reflected in their coverage bills.

  • Vehicle theft

    Vehicle theft topped $1.5 billion in insured claims in 2023. As insurers need to pay out more for replacements, premiums will rise for all.

  • Insurance fraud

    Auto insurance fraud costs drivers in Canada over $1 billion each year. More losses for insurers result in more expensive premiums.

  • Natural disasters

    Severe weather caused $8.5 billion in insured damages in 2024. Floods, hail, and fallen trees lead to more claims, also known as increased rates.

How can I save on car insurance?

While some factors may be inevitable, there are still many steps you can take to lower your car insurance rate. Take control with these strategies to help ensure you’re getting the best deal possible:

  1. Bundle insurance products

    Insurance companies value loyal customers. By having your auto and home insurance bundled together under the same carrier, you can expect a substantial rate reduction.

  2. Get a group rate

    Many insurance companies offer discounts to members of professional organizations or affiliation groups, so it pays to ask about savings (literally).

  3. Increase your deductible

    The deductible is what you pay for a vehicle loss or damage claim before the insurer pays the rest. Increasing your deductible will lower your annual premium

  4. Install safety features

    You could see a rate deduction by installing anti-theft devices or opting for a car that's already equipped with the newest safety features.

  5. Take a course

    For new and young drivers, graduating from an accredited driving course can show insurers that you bring less risk (which helps lower your premium)

  1. Pay annually

    Paying your full premium up-front tends to be less money in the long run, compared to making multiple, monthly payments. Insurers like to see a commitment to the policy.

  2. Keep a clean driving record

    At-fault collisions and driving convictions stay on your insurance record for years and make your rates go way up – if you drive safely over a long period, you’ll pay the lowest rates.

  3. Track your driving

    Many Canadians have yet to try telematics, also known as usage-based insurance. Opting for UBI, which tracks your driving behaviour, can lead to big savings.

  4. Install winter tires

    While winter tires are only required in select provinces, it's always better to be safe than sorry, and the potential auto insurance savings are a plus.

  5. Drive less

    Again, a longer commute leads to higher coverage rates. Consider alternative transportation to not only save on gas, but also insurance.

Ready to unlock your cheapest auto insurance rate?

We can help – compare car insurance quotes with us to start saving and lock in your best car insurance rate today.

The importance of comparing car insurance quotes

While all auto insurance companies may look at the same factors when calculating your quote, each one has its own method of weighing the risk. Therefore, drivers with similar profiles often face varied rates, despite opting for policies with the same coverages and limits.

Below, we outline personalized quotes from five different Canadian insurers for a hypothetical driver profile. Note the variation in pricing among the insurers – if the driver goes with the cheapest option over the most expensive one, it would lead to over $1,000 in annual savings on each of the four policies.

Insurance company Policy A Policy B Policy C Policy D
CAA $146/month $154/month $152/month $158/month
Travelers Insurance $208/month $220/month $211/month $220/month
Unica Insurance $211/month $221/month $213/month $226/month
Economical Insurance $216/month $223/month $220/month $224/month
Travelers Essential $239/month $239/month $239/month $239/month

Open for car insurance quotes methodology


Pro tip: Price isn't everything

It's important to know that price shouldn't be the only factor you look at when selecting your car insurance provider. Pay close attention to the specialized coverages each insurer offers, as one may better align with your specific needs over another. 

This can also mean exploring policy bundling options, where you combine multiple policies – such as auto, home, condo, tenant, and boat insurance – with the same provider to take advantage of discounts. While not all insurance companies offer every type of coverage, you can look for one that does. Alternatively, you can compare the costs and benefits of mixing and matching insurers to see what works best for you.

Lastly, make sure you consider the company's reputation, customer service, and claims process – these factors can significantly impact your experience in the long run.

 

Why should I use Ratehub.ca to compare car insurance quotes?

Using Ratehub.ca is one of the best ways to explore the market. We make it simple to compare personalized quotes from Canada’s leading providers – here's how our auto insurance tool can help you:

  • Save

    By selecting your lowest rate, you could save hundreds of dollars throughout the year.

  • Free

    Our car insurance calculator and comparison tool are free to use – no obligation required.

  • Quick

    Just answer a few basic questions – it takes less than five minutes to see all your quotes.

  • Convenient

    There's no need to get quotes from multiple insurers one by one. Just fill out one online form.

  • Secure

    Your information is perfectly safe with us – it won't be shared with a third party.

  • Unbiased

    We don't favour insurers – we just show you the numbers, so you can choose for yourself.

Comparing quotes with us also offers many advantages over purchasing your coverage directly from an insurance company. Not only can you view your rates side-by-side, but our extensive partnerships with providers such as CAA Insurance, Economical Insurance, Gore Mutual and MAX Insurance allow us to match you with one that offers unique coverages and special discounts tailored to your needs. This way, you get a competitive price that’s customized to fit your specific situation.

Feature Ratehub.ca Direct insurer
Insurance partners 10+ 1
Real-time quotes Multiple 1
Time <5 minutes Varies
Customization Various options Limited to insurer's offerings
Discounts Various discounts Limited to insurer's offerings
Impartiality  Unbiased to all options Biased to insurer

Compare car insurance quotes from Canada's top providers.

Get personalized car insurance quotes in minutes, free of charge, when you use Ratehub.ca. Your best rate is only a few clicks away.

Pro tip: Go beyond the minimum

The minimum required coverage in your province may not be enough. Most drivers opt for at least $1 million in liability insurance, and you can even consider increasing your coverage to $2 million – the price difference is often minimal.

We also recommend adding collision and comprehensive insurance to your policy, even if it’s not mandatory, especially if covering the cost of repairs or a replacement vehicle out-of-pocket would be a financial burden.

More auto insurance questions, answered

Is car insurance mandatory in Canada?


How does car insurance work?


Which car insurance company is the best?


How does a car insurance deductible work?


Can I cancel my car insurance?


Who typically has the cheapest car insurance?


All about your Ratehub.ca car insurance quote

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