Compare New Brunswick car insurance quotes
Shop the market and compare personalized car insurance quotes online from New Brunswick's top providers. It only takes a few minutes to unlock your savings.
Recent car insurance quotes from New Brunswick drivers
Thousands of drivers turn to us each week, looking to save big on their insurance policies. Just as we’ve helped them compare the market with ease, we can help you too. By shopping the market for quotes you can unlock your cheapest rates, see below how other New Brunswick drivers have shopped and saved with us. Find out how much you can save today by requesting a free quote.
- $257 monthly
Moncton, NB
for a 23-year-old male, driving a 2020 Ford Fusion SE
- $143 monthly
Mcleod Hill, NB
for a 53-year-old male, driving a 2004 Chevrolet Silverado
- $175 monthly
Douglas, NB
for a 30-year-old female, driving a 2021 Hyundai Elantra
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How car insurance in New Brunswick works
Matt Hands, VP, Insurance
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 work with an insurance broker to select their policy. 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 no-fault system, which essentially means you deal directly with your own insurance company for any claims and not that you can't be found at fault. Ontario auto insurance would be another example of a no-fault system. This system is regulated by the New Brunswick Insurance Board and the Financial and Consumer Services Commission, who help to ensure a fair marketplace exists for consumers.
What you need to know aboutNew Brunswick auto insurance coverage:
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.
Historical New Brunswick car insurance rates
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 new drivers’ credit for three years of driving experience and increasing to six if the new driver successfully completed a driver education course. This action alone led to significant reductions in car insurance premiums.
How much does auto insurance cost in New Brunswick?
The average cost of car insurance in New Brunswick, is around $1,132 per year - or about $94 per month. 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 about middle of the pack - 6th highest.
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.
Potential upcoming auto insurance increases for New Brunswick in 2025
A number of high profile insurance companies have lobbied regulators for rate increase of 10 per cent or more, blaming rising vehicle repair costs, car thefts, falling profits and other troubles. If approved, these increases will eventually affect more than 200,000 insured drivers.
New Brunswick currently has some of the lowest auto insurance premiums in Canada because drivers commit fewer accident claims than most Canadians, but with these potential increases ahead in 2025 and beyond the market is set to change.
The average cost of auto insurance in Canada by province
Find out how much you could save on your New Brunswick auto insurance.
Take a few minutes to compare New Brunswick auto insurance quotes from Canada's top insurers. Comparing the market can save you hundreds of dollars annually.
How to get cheap car insurance in New Brunswick
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, we cover eight different tips for cheap auto insurance in Alberta.
- Shop and compare
Research which auto insurance companies offers the cheapest premiums. While rates may change over time, comparing Alberta car insurance quotes with us is free.
- Stay loyal
Alberta auto insurance companies tend to give discounts to drivers who remain an active customer for years – especially if there are family members and multiple vehicles on the policy.
- 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.
- Get a multi-car discount
If you have multiple drivers and vehicles in the same household, putting them all on one policy can save you money.
- Ask about discounts
If you’re a member of a large corporation, union, or a school alumnus, you could be eligible for cheaper car insurance – just ask your broker or agent for group rate options.
- Pay annual premiums
Paying auto insurance premiums monthly adds administrative costs to your insurer, so if you’re able to pay annually, you can lower your rate. It also shows the company you're planning to stay loyal.
- Maintain a good driving record
If you’re a safe driver, you can reduce your chances of an accident. Car crashes stay on your insurance record for years and can result in higher premiums.
- Install winter tires
Did you know you can save simply for installing winter tires on your vehicle during off season? Not only that, it'll also make you a safer driver.
New Brunswick car insurance rating factors
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.
Age
Young drivers tend to pay the highest rates. So while most people don't look forward to growing old, at least cheaper premiums come along with it.
Gender
Men are more commonly involved in car accidents, so they tend to pay higher insurance rates. It might not be fair, but insurers like to limit their risk.
Location
Living in busy, populated cities, such as Edmonton, can impact your insurance rate negatively – you're more prone to collision and theft.
Vehicle type
Vehicles that cost more to repair and replace inevitably come with increased auto insurance rates. The same goes with highly-stolen cars.
Driving history
Traffic convictions will impact your insurance rate negatively. Insurers like to minimize their risk, so drive safely for the best rates possible.
Driving behaviour
More time on the road increases your chances of having to make a claim. So driving less can actually lower your auto insurance rate.
License class
Graduating through the Alberta licensing system – and obtaining your Class 5 – will lead to cheaper auto insurance rates due to the added experience.
Vehicle use
If you use your vehicle for business purposes, you'll most likely need to pay more for insurance. Pleasure-use cars tend to come with cheaper rates.
How to get a New Brunswick driver's licence
To get the cheapest car insurance in New Brunswick, take a driver's ed course while getting your licence. New Brunswick uses a graduated license program (GLP). This system requires each driver to progress through a 3-step educational program in order to be considered a fully licensed driver. Once you’ve successfully completed the program, you can legally operate a car as a class 5 driver. To drive a truck, bus, ambulance or taxi requires a different license class. Let’s take a quick look at graduated license program approach:
Class 7 learner's licence (or level one) eligibility criteria:
Class 7 licence (or level two) eligibility criteria:
Class 5 regular licence (or full license) eligibility criteria:
Frequently asked questions about car insurance in New Brunswick
How do I get the cheapest car insurance in New Brunswick?
Getting cheap New Brunswick auto insurance starts with a long, clean driving history, a safe car that isn't a target for thieves, and reducing the kilometres you drive. There are some factors in your control such as comparing quotes. Others, like moving to another city, are a little more difficult to achieve.
Do I need auto insurance in New Brunswick?
Yes, everyone who drives a car is required to buy auto insurance in New Brunswick. There are mandated minimums but most people up their minimums for more coverage.
Why is car insurance cheaper in New Brunswick?
Much of the credit for cheap car insurance in New Brunswick goes to the provincial government. In the early 2000’s car insurance premiums were on a dramatic rise causing some drivers to cancel their insurance altogether. The province put reforms in place offering more choice to consumers. Now, drivers can pick from 65 different car insurance companies and a big variety of options therein. Due to the high level of competition, the more the people of New Brunswick get auto insurance quotes the cheaper their car insurance rates.
Do I need winter tires in New Brunswick?
No, you don’t need winter tires on your vehicle, but it can save you up to 5% on insurance. Winter tires are also a great safety measure - they’re softer proving a stronger grip on ice and snow.
Can I get auto insurance as a high-risk driver in New Brunswick?
Auto insurance is mandatory by law, therefore no matter what type of driver you are - good or bad - there is an insurance option available. If you are a high-risk driver, you will either need to purchase from a non-standard market carrier or from the Facility Association. The Facility Association is funded by all insurance companies in New Brunswick and operates as the insurer of last resort for drivers with the worst records.
Is roadside assistance required in New Brunswick?
No, but it can save you money on car insurance. It’s also great for peace of mind in case of a battery failure, tire puncture, or you need a tow.
How do I file a claim in New Brunswick?
Call your private insurance company. You can use the internet to find their number or their contact details are often on the insurance slip people usually keep in the glove box. Make sure you’re ready when you call and have as many details available as you can - driver’s license numbers, the make of the cars and the license plates. If someone is injured or hurt, or a car cannot be moved, it’s best to call the local police.
How long do offences stay on my driving record in New Brunswick?
New Brunswick operates on a rating program which considers minor and major convictions in the past three years and any criminal code violations will stay active within the past 3-4 years
Can I use a digital insurance pink slip in New Brunswick?
As of February 1, 2023, New Brunswick insured drivers were now able to use electronic vehicle insurance cards as proof of insurance. These digital pink slips can be downloaded on to your personal mobile device. Digital pink slips will not be required, as physical paper pink slips will still be available and accepted as proof of insurance. Going digital is just to give drivers more options and access to their insurance documents to make it easier to keep it on you at all times.
It is recommended you keep a physical copy of insurance still in your car at all times as a back up in case of electronic issues. Another best practice is to download the digital document and store it on your device, so you don't have to worry about cellular service issues.
You can learn more about the pros and cons of digital pink slips in New Brunswick here from CBC's recent article.
Does my credit score impact my auto insurance rate in New Brunswick?
According to a recent report from CBC News, the New Brunswick Insurance Board continues to make more approvals, allowing insurance companies to use a driver's credit score when calculating auto insurance rates. This is despite the fact that the province's drivers have higher incidents of poor credit compared to any other area within Canada.
In the summer of 2022, the board approved requests from two more insurers after a few other companies, including Wawanesa – the province's largest auto insurer – was approved to do so in the previous year. Wawanesa was the first company to raise the idea, citing that bad credit can correlate with risky personal behaviour, leading to a higher likelihood of road accidents.
While credit score is commonly used as a rating factor for home insurance in Canada, the same can't be said for auto insurance. As for the future, New Brunswick drivers may see more insurers adopt the use of credit scores when calculating rates – so improving your credit may be one way to improve your premium.