Compare New Brunswick car insurance quotes & start saving

For all New Brunswick drivers auto insurance is mandatory and is purchased through a private marketplace. Consumers have the choice to deal directly with the insurance companies and their agents or to purchase their policy through an insurance broker. The benefit of a private marketplace is choice - which is why we recommend that all drivers compare the market before choosing to purchase.

New Brunswick auto insurance also operates within a no-fault system, which essentially means you deal directly with your own insurance company for any claims. Ontario auto insurance would be another example of a no-fault auto insurance system. All auto insurance in the province regulated by the New Brunswick Insurance Board and the Financial and Consumer Services Commission, who help to ensure a fair marketplace exists for consumers.

New Brunswick auto insurance coverage options:

There are four mandatory coverages you need to insure a vehicle in New Brunswick by law and none of them actually protect the vehicle, rather they exist to protect drivers and potential victims after an incident. The mandatory coverages include:

• Third-party liability - covers you in case you injure someone or damage their property. 
• Accident benefits - pays for injuries you sustain in a car crash. 
• Uninsured motorist - pays for injuries you and your family sustain following a collision with an uninsured driver. 
• Direct Compensation for Property Damage (DCPD) - if you're not at-fault in a collision, this pays for repairs to your car. 

To get the best car insurance in New Brunswick, you can enhance your policy with optional coverages that are designed to protect your vehicle, such as: 

• Collision insurance - pays to repair or replace your car if you're at fault in a collision. 
• Comprehensive insurance - protection against theft, vandalism, and inclement weather. 

To further customize your auto policy, drivers can opt to add on standard endorsement forms (SEF) that provide coverages for specific situations like:

• SEF16 - if you want to put your car insurance on hold. 
• SEF20 - reimburses you for alternative transportation (e.g. rental) if your vehicle is being repaired as a result of damage or theft.
• SEF43 - ensure you get the full replacement value of your car back, not the depreciated value if it is ever written off or stolen.
• SEF44 - provides additional coverage if you or a family member are injured by another driver who does not have enough insurance to pay the injury claim.

All car insurance rate changes are approved by the New Brunswick Insurance Board (NBIB). NBIB ensures all New Brunswick drivers’ auto insurance rates are fair and reasonable. Even though drivers in New Brunswick pay some of the lowest car insurance rates in Canada, it still makes sense to compare car insurance quotes.

Informed consumers help to keep rates competitive and as a citizen of New Brunswick, they are encouraged to shop around. Competition often leads to both better rates and service from car insurance providers.

Reforms in car insurance have led to New Brunswick’s “First Chance Discount” offering a new drivers’ credit for the first three years of driving experience, but you can extend this discount to six years if you pass a driver education course. This legislative action alone led to significant reductions in the cost of car insurance for New Brunswick drivers.

How much does auto insurance cost in New Brunswick?

The average cost of car insurance in New Brunswick, is around $1,269 per year - or about $106 per month (according to the 2026 Mid-Year AIRB Market & Trends Report). If you're paying more than that, consider shopping around and comparing New Brunswick car insurance quotes to see if you can find a better rate. Compared to the other provinces in Canada, auto insurance prices in New Brunswick are still relatively affordable.

Also keep in mind that auto insurance in major urban areas like Fredericton, Moncton, and Saint John will be more expensive than a smaller towns or rural areas with less congestion and lower chances of theft. 

Recent auto insurance rate increases in New Brunswick

Several major insurers sought — and received approval for — significant rate hikes in 2024 and 2025, affecting more than 200,000 insured drivers. Definity, one of the province's largest insurers, had an 11.47% increase approved effective June 2024, followed by a further increase pursued for 2025. Sonnet Insurance saw a 22.2% increase approved, with an additional hike pursued for spring 2025. Insurers cited rising vehicle repair costs, increased auto theft claims, and falling profitability as drivers of the increases.

Despite the more recent increases, New Brunswick still has some of the lowest auto insurance premiums in Canada, as drivers here file fewer claims than the national average — but these increases mean the gap with other provinces has been narrowing.

While market factors play a big role in the cost of your auto insurance, there are still many steps you can take to ensure you're getting the best rate possible. Here are eight tips for cheap auto insurance in New Brunswick.

There are many individualized factors auto insurance companies look at, in order to determine your personalized quote. Generally speaking, the more risk you bring, the more expensive your policy will be – here are a few factors you should be aware of.