Car Insurance faqs

Does my location affect my auto insurance rates?

Yes, where you live is a factor that will affect your insurance rate. Insurance premiums vary by province, city, and even postal code.

Let’s start with the province. Different provinces have different insurance rates. Insurance is something that’s regulated provincially, so the level of regulation affects how flexible insurance companies can be on pricing.

Cities and neighbourhoods can also vary greatly when it comes to insurance rates. If you live in a location where there are a lot of accidents, you might pay a higher rate. If theft and crime are common in your area, that might also result in a higher rate.

Before you pack up and move to save on insurance, talk to a broker! We can explain all the factors that affect your rate. We will help you find an insurance plan that fits your life, whether you live downtown, in the country, or anywhere in between.