Abbotsford Car Insurance Quotes
Everything you need to know about how car insurance in Abbotsford works. Find out how to customize your policy and uncover the savings.
How car insurance in Abbotsford works
Matt Hands, Business Director, Insurance
Abbotsford is the second-largest city in British Columbia and sits right on top of the US border. The Trans-Canada highway runs right through the city and intersects with Highway 11 which would take you south to the US. Abbotsford has a government-run auto insurance program run by the Insurance Corporation of British Columbia (ICBC).
Car insurance in Canada is required and each province has their own coverage mandates.
For drivers in Abbotsford, BC, basic auto insurance is provided through the Insurance Corporation of British Columbia (ICBC), a public insurance company.
Mandatory Abbotsford auto insurance coverage includes (full descriptions below)
- Third-party liability
- Accident Benefits
- Uninsured motorist protection
However, there also is optional, and highly recommended, coverage available through both ICBC and private insurance brokerages and directly from private insurance companies.
Optional Abbotsford car insurance coverage (full descriptions below)
- Collision
- Comprehensive
- Extended Third-Party Liability
- Loss of Use
- Rental Vehicle Coverage
- New Vehicle Protection
Did you know you can extend the mandatory third-party liability coverage up to $5 million either through ICBC or a private insurer? Be sure to view the table below for more explicit details.
In May of 2021, British Columbia will introduce no-fault insurance meaning you'll only ever deal with your own insurance provider for claims, not that you can't be found at fault. It generally limits your ability to sue for pain and suffering beyond what is available in your coverage.
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Mandatory coverage for auto insurance in Abbotsford
Mandatory insurance is mostly about protecting you from damage you may cause to others and their property. Protecting you personal car is available with optional coverages.
Third-party liability
Accident benefits
Uninsured motorist
Did you know?
Optional coverage for auto insurance in Abbotsford
The below coverages are optional, unless you lease your car and your lessor requires them. Typically, new cars will get the optional coverages.
Collision insurance
Comprehensive
Emergency roadside assistance
Specified perils
All perils
How much does car insurance cost in Abbotsford?
The average cost of car insurance in BC is $1,832 or about $150 per month. Rates are set to decline in May 2021 with the introduction of no-fault insurance. Check with ICBC to make sureyou get a new reduced rate.
Factors that impact your Abbotsford car insurance rates
To find cheap car insurance in Abbotsford, you have to know how it works. Even though an insurance application is reasonably standard, you will find several factors beyond your control that impact a risk tolerance calculation, like if you live in an area with higher than average levels of insurance fraud. Here are seven factors ICBC considers before offering personal car insurance in Abbotsford:
Driver demographics
Where you live
Vehicle type
Driving history
Driving activity
Type of insurance coverage
Applicable discounts
Curious how much you could save on home insurance?
How to get cheap car insurance in Abbotsford
Shop and compare
If you're buying a new car, research which cars have the best safety ratings and a low rate of collisions. Typically, minivans and trucks cost less than a sedan. Use IBC's CLEAR table to see how your car measures up.
Drive less
Your auto insurance in Abbotsford can be 10% cheaper if you drive less than 5,000 km in a year.
Invest in safety technology
You can get a 10% discount if your vehicle is equipped with factory installed autonomous emergency braking (AEB).
Maintain a good driving record
If you’re a safe driver, obey the rules of the road and drive according to road conditions you can reduce your chances of an accident. Car crashes stay on your insurance record for up to ten years and can result in higher premiums.
Seniors' savings
If you're 65 or older and mostly use your car for pleasure, you may qualify for a discount. Be sure to ask about it.
Increase your deductible
Your deductible is the portion you pay when settling a claim before your insurer will pay the rest. If you’re willing to double your deductible, it could save you money.
Disability dscount
If you've been approved for a fuel tax refund for Persons with Disabilities, you may qualify for a 25% discount on the Basic Autoplan.
Pay premiums annually, instead of monthly
Paying monthly adds administrative costs to your insurer, so if you’re able to pay in full annually you can lower your premiums.
Frequently asked questions about car insurance in Abbotsford
Why are insurance rates so high in Abbotsford?
Will an Abbotsford parking ticket affect my insurance rates?
Do I need personal car insurance to drive a Zipcar, Modo, or other car sharing service?
Is roadside assistance required in Abbotsford?
How much is a red-light camera ticket in Abbotsford?
Will an Abbotsford parking ticket affect my insurance rates?
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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