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Compare Medicine Hat Car Insurance Quotes

Get personalized car insurance quotes from Canada's top providers in under 5 minutes, for free.

How car insurance in Medicine Hat works

Medicine Hat is the sixth most populated city in Alberta with a population of just over 60,000. The Trans-Canada Highway runs right through town making it an essential stop sightseeing through Canada between Regina and Calgary.

The average annual car insurance premium in Medicine Hat is about $1,150. Medicine Hat doesn’t have much rush hour traffic or heavy road construction which certainly helps with car insurance premiums. At Ratehub.ca, we help the people of Medicine Hat shop for the best car insurance rates in just minutes to suit their budget and preferences.


Medicine Hat operates in a hybrid system between tort and no-fault insurance. No-fault means drivers use their own insurance company regardless of who is at-fault in an accident. A tort-based system allows you to pursue the other driver for damages. 

Alberta auto insurance is provided by private insurance companies and is regulated by the Auto Insurance Rate Board (AIRB). AIRB ensures rate increases are substantiated. Simply put, an insurer can't raise rates without prior approval from the regulatory body and is based on their financial records. 

Available Medicine Hat car insurance coverage is broken down into two categories - mandatory and optional.

Mandatory Medicine Hat auto insurance coverage includes:

  • Third-party liability
  • Accident benefits 
  • Direct Compensation Property Damage (DCPD) 

Optional Medicine Hat car insurance coverage includes:

  • Collision insurance
  • Comprehensive car insurance
  • Specified perils
  • All perils

There are also optional Standard Endorsement Forms (SEF) which are endorsements you can add to your coverage. Here are 4 common Medicine Hat auto endorsements. 

  • SEF 101 - covers the cost of a rental vehicle while yours is being repaired or replaced
  • SEF 27 - Ports your existing insurance to a rental car or car you borrow
  • SEF 39 - Accident forgiveness - insurance won't go up after your first at-fault claim
  • SEF 43R - Removes depreciation in calculating the value of your car when settling a claim

How to get a Medicine Hat car insurance quote in under 5 minutes

  • Step 1: Share some information

    Tell us a little about yourself and your auto insurance needs

  • Step 2: Compare the rates

    We instantly show you dozens of quotes side-by-side from top providers

  • Step 3: Save money

    Choose your quote and secure your new rate online or via one of our licensed agents

Mandatory coverage for auto insurance in Medicine Hat

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 (MVAC)

DCPD

Compare Medicine Hat insurance quotes and uncover the savings

In less than 5 minutes, you can compare multiple quotes from a number of Medicine Hat's top car insurance companies, for free.

Optional coverage for auto insurance in Medicine Hat

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 is car insurance in Medicine Hat?

The average cost of car insurance in Medicine Hat is roughly $1,150 per year, or about $100 per month. But rates are rising. Could you be paying less? Let's find out.

Factors that impact your Medicine Hat car insurance rates

It pays to shop around to find cheap car insurance in Medicine Hat. Even though an insurance application is fairly standard you will find that different insurance companies offer different rates based on their existing users, the number of active claims on their fiscal books, and overall risk tolerance calculations. Furthermore, there are 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 auto insurance companies consider before offering personal car insurance in Medicine Hat:

Driver demographics

Where you live

Vehicle type

Driving history

Driving activity

Type of insurance coverage

Applicable discounts

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How to get cheap car insurance in Medicine Hat

  1. Shop and compare

    Research which company provides cheap car insurance in Medicine Hat, and also the best value for you and your vehicle. Rates may change up to four times a year, but lucky for you comparing Medicine Hat car insurance with us is free.

  2. Stay with your current insurer

    Some Medicine Hat auto insurance companies will give loyalty discounts to drivers who remain active with them for years. Especially if they add family members or multiple vehicles to their policy.

  3. Bundle your policies

    If you use the same insurance company for both your home and auto insurance needs, your insurer will often thank you with a dip in premiums.

  4. Get a multi car discount

    If you have multiple drivers and vehicles in the same household, by putting them all on one policy can save you money.

  5. 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.

  6. Ask about discounts

    If you’re a member of a large corporation, union, or a school alumnus, it could help you get cheaper Medicine Hat car insurance

  7. 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.

  8. 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.

  9. Install winter tires

    You can save 3% - 5% simply by adding winter tires to your car in Alberta

Ready to compare car insurance in Medicine Hat?

You're just a few clicks away from uncovering all the potential savings that come with a better Medicine Hat insurance rate.

FAQ

Frequently asked questions about car insurance in Medicine Hat

Who are the best car insurance brokers in Medicine Hat?

What are the best Medicine Hat car insurance companies?

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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