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Compare car insurance quotes and save today

In under five minutes, compare personalized auto insurance quotes online, so you can find your cheapest rate.

How to compare car insurance quotes with Ratehub.ca

  1. Share information

    Tell us a little about yourself and your auto coverage needs.

  2. Compare quotes

    We instantly show you auto insurance quotes from top Canadian providers.

  3. Save money

    Choose your quote and secure your car insurance rate online.

Recent Ratehub.ca cheap car insurance quotes

Thousands of Canadians come to us weekly looking for ways to save on their next auto insurance policy. Just like we've helped them compare the market with ease, we can do the same for you. Don't delay, take advantage of our free service to uncover your potential savings today.

Here are some recent auto insurance quotes by Ratehub users:

Date

Driver

Vehicle

Insurer

Lowest Rate

August 14, 2022

Male, 44

2019 Mazda Mazda3 Sport GS

Pembridge Insurance

$142/mnth

August 14, 2022

Male, 32

2003 Chrysler Concorde LXi

Economical Insurance

$220/mnth

August 14, 2022

Female, 20

2007 Volkswagon Rabbit 2.5

Heartland Farm Mutual

$193/mnth

Looking for cheap car insurance quotes?

Compare auto quotes from Canada's best car insurance companies

  • Free

    Our car insurance calculator is free of charge, no obligation to purchase a policy needed.

  • Unbiased

    Top auto insurance companies compete for your business – we just help you compare.

  • Quick

    By taking five minutes out of your day, you can save hundreds of dollars throughout the year.

Why do you need car insurance?

Matt Hands

Car insurance in Canada is a requirement for anyone who wishes to drive a car. In each province, car insurance policy requirements vary depending on whether it's a public or private insurance system.

British Columbia, Saskatchewan, and Manitoba are public insurance systems where you buy car insurance from the government. Alberta, Ontario, and Atlantic Canada use private insurance companies vying for your business which is why comparing car insurance quotes online is an effective strategy for lower rates. Quebec is a hybrid system – and the cheapest car insurance province – where you buy injury coverage from the government and property damage from your private insurer. 

Every province mandates auto insurance coverage requirements, some more than others. You can also customize your policy further to suit your personal needs. 

Review car insurance quotes every year

Car insurance companies change their prices all the time, so set an annual reminder to compare auto insurance quotes before you renew to ensure the best deal possible.

How does car insurance work in Canada?

In order to drive a car in Canada, you must have car insurance, but that doesn't mean all driver's insurance policies are the same. You have the option to customize your policy beyond the mandatory minimums to make sure you have the right level of auto insurance coverage to suit all your needs.

The following coverages are included on every standard auto insurance policy in Canada. These are government-mandated coverage standards that every insurer must follow when creating insurance products for Canadian drivers. Keep in mind that the majority of Canadians customize their policy beyond the provincial mandatory minimum car insurance coverage requirements.

  • Third-party liability insurance protects you financially if you injure someone or damage their car or property. The minimum in most provinces is $200,000, but most people default to $1 million – you can also upgrade to a limit of $2 million.

  • Accident benefits protection provides you and anyone injured with coverage for any medical and rehabilitation costs resulting from an accident. It also pays for loss of income if you can't work. You can upgrade this coverage for further protection too. 

  • Direct compensation property damage (DCPD) is available in the private insurance provinces. It means you only ever deal with your insurance company for damages.

  • Uninsured auto protects you in the event you're in an accident where the other driver doesn't have insurance or flees the scene. Your insurance company can still cover you.

Are you getting the best price for your auto insurance?

In less than five minutes, you can compare multiple car insurance quotes from Canada's top providers to see if you're getting the best rate possible.

How to get the cheapest car insurance quotes

  1. Shop around and compare

    Auto insurance rates vary greatly between companies – you need to research which insurer will offer the best coverage specific to your needs.

  2. Bundle policies

    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.

  3. Increase your deductible

    The deductible is what you pay when something happens to your car before the insurance company pays the rest. Increasing your deductible can lower your annual premiums.

  4. Ask about group discounts

    Many insurers offer discounts to members of professional organizations or affiliation groups – so it pays to ask about discount relationships.

  1. Pay premiums annually

    If you pay your premiums upfront for the year – or even per half-year – you will usually end up paying less than if you paid monthly.

  2. Maintain a good 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 car insurance rates.

  3. Track your driving

    With usage-based insurance (UBI), you can earn discounts for driving well. Car insurance companies can track your driving behaviour, so you can earn discounts by being a low-mileage or safe driver.

  4. Take a course

    Accredited driving courses will not only make you a safer driver but can also result in discounts from many auto insurance companies.

How auto insurance differs from province to province

Although auto insurance is mandatory across the country, there are still differences depending on where you live. Below, we break down the key differences in car insurance coverage for each province in Canada.

    Canadian provincePrivate insurancePublic insuranceMinimum liabilityDirect compensationCollision and comprehensive
    British ColumbiaYesYes$200,000NoOptional
    AlbertaYesNo$200,000YesOptional
    SaskatchewanYesYes$200,000NoRequired
    ManitobaYesYes$200,000NoRequired
    OntarioYesNo$200,000YesOptional
    QuebecYesYes$50,000YesOptional
    New BrunswickYesNo$200,000YesOptional
    Nova ScotiaYesNo$500,000YesOptional
    PEIYesNo$200,000YesOptional
    NewfoundlandYesNo$200,000YesOptional

    How much is car insurance in Canada?

    Below is the chart for the average car insurance cost in Canada. Your car insurance rate will vary depending on a multitude of factors, but this can give you an idea of how average car insurance quotes differ across each province. To find the exact cost you’ll be paying for your auto coverage, be sure to compare auto insurance rates with us. 

    average-insurance-premium-by-province-in-canada

    Source: Insurance Bureau of Canada (2019), GISA & MSA data for private insurers (2018), SGI Annual Report (2018), MPI Annual Report (2017), Société de l'assurance automobile du Québec (SAAQ), and ICBC Service Plan (2019).  

    Compare cheap auto insurance quotes (for free).

    Comparing the auto insurance market is the best thing you can do when shopping for a new policy – you can find the cheapest car insurance rate in just under five minutes.

    How your car insurance quotes are calculated

    You might think that car insurance quotes for the same driver or car will be similar across all providers. However, every auto insurance company has its own costs to cover, based on data from their existing customers and claims.

    A car insurance rate calculation has many subtle complexities, and there are multiple factors that contribute to your final rate. Based on the information you provide in your driving profile, each car insurance company will categorize your risk potential and calculate a personalized rate.

    Unfortunately, some factors are out of your control, but there are still a few for which you are 100% in the driver’s seat. Therefore, being in the know can save you money on your auto insurance premium – here are seven factors that auto insurance companies will consider before offering you a personal car insurance quote.

    Driver demographics


    Where you live


    Vehicle type


    Driving history


    Driving activity


    Type of insurance coverage


    Applicable discounts


    What doesn't impact your car insurance rate calculation

    Your employment history, previous bankruptcy, housing situation, and net worth are not factors. Your credit score may or may not have an impact depending on the province you live in. And the car colour? That's a myth.

    Frequently asked questions

    Facts about Canadian auto insurance quotes

    Why are my car insurance quotes so high?


    How do I find the cheapest auto insurance rates?


    Is auto insurance different between provinces?


    What do I need to get car insurance in Canada?


    Who has the best and cheapest car insurance?


    Is car insurance in Canada mandatory?


    Do I need special insurance to drive for Uber?


    How does a car insurance deductible work?


    At what age does car insurance go down?


    All about your Ratehub.ca car insurance quote

    Your most frequently asked questions about our online car insurance process, answered.

    Ratehub.ca partners with top auto insurance companies across Canada, so you can compare your personalized car insurance quotes all at once. Each rate is calculated using the insurer's own underwriting and quoting process, so you can receive an accurate estimation based on your profile.

    Author Bio

    Matt Hands, Business Director of Insurance

    Matt started his professional career at CARPROOF where he honed his marketing and analytical skills for over 3 years. Matt then took his wealth of experience to Ratehub.ca’s Toronto offices, working with insurance providers, agents, and brokers to grow and expand the Insurance business unit. He is a thought leader in the community and a valuable insurance resource to respected publications like the Globe & Mail, Toronto Star, Huffington Post, Yahoo News, and 680 news radio in Toronto.

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