Car Insurance Rate Quotes

Even if you have had insurance before, it’s not always easy to decide if it’s worth it to change insurance providers, or whether you are getting the most value out of the premium you’re paying. This is largely because insurance can be complicated, full of industry jargon and lengthy contracts.

BrokerLink doesn’t want anyone to be in the dark when it comes to getting quotes for themselves. We’ll give you a little more information about how car insurance quotes work, how your rate is determined, and how you can decide on the right policy for you.

Get competitive insurance quotes in 5 minutes.

Choose your rate. Get insured. Get on the road.

Is car insurance mandatory in Canada?

Yes, car insurance is mandatory in Canada. Auto insurance is regulated by provinces, which means each provincial and territorial government in Canada has its own unique regulations surrounding it. However, every region of Canada has made it compulsory. What varies are the minimum coverage requirements in each province. For example, Alberta and Ontario have both stipulated that drivers must carry a minimum of $200,000 in third party liability coverage at all times.

Driving without car insurance in Canada can have serious consequences, as doing so is against the law. Repercussions vary by province but if caught driving uninsured, you may be slapped with a fine worth thousands or even tens of thousands of dollars (and this fine will only go up if you’re caught driving without insurance a second time).

Driving without insurance is not worth the risk, no matter where you live in Canada. So do yourself a favour and contact BrokerLink today to find an auto insurance policy that’s right for you. We will take the time to understand your needs and budget in order to find you the right car insurance policy. Plus, we’ll make sure your policy complies with local laws.

How to save money on car insurance

Everyone wants affordable car insurance. Luckily, there are many ways Canadians can save money on auto insurance, even if they have high premiums. From combining multiple insurance policies into one, to installing winter tires on your vehicle, check out this list of the top tips for saving money on car insurance.

Insure cars together

Buying multiple car insurance policies from the same provider can save you money. Typically, the more money you spend with an insurance company, the more likely they are to give you a discount. So if you own more than one car (perhaps your spouse or child has a car), insuring them together can result in a significant discount of up to 15% or 20% on each vehicle’s car insurance.

Bundle multiple insurance policies

Bundling insurance policies is another great way to save you money on car insurance. Many car insurance companies offer a serious discount (up to 15%) to customers who purchase more than one policy from them. So if you need car insurance in addition to home insurance, insurance for leisure items like a cottage, boat, or ATV, travel insurance, or business insurance, consider buying them all from the same provider.

Install winter tires on your vehicle

Canada is known for its harsh winters, however, in many parts of the country winter tires are not mandatory. If you live in one of these provinces or regions, then choosing to install winter tires on your vehicle could save you money on car insurance. Insurance companies recognize that snow tires make driving safer. With better capabilities in snowy and icy conditions, these specialty tires can reduce your chances of getting into an accident. Therefore, choosing to invest in winter tires could save you up to 5% on your car insurance policy in all provinces throughout Canada.

Consult with a car insurance broker

Auto insurance brokers work for the customer by searching for a solution from a range of insurance companies. When you choose to work with a reputable insurance broker from BrokerLink, we will help you find the best possible coverage at the best possible price. We are experts in the field and will ensure we find you the most competitive rate possible. We take the time to shop around on your behalf, compare quotes, and discover all the possible discounts you are eligible for.

Ultimately, if you are looking to save money on your car insurance in Canada, working with a reliable car insurance brokerage like BrokerLink is the way to go. Plus, BrokerLink offers free insurance quotes to all Canadian drivers.

Buy a hybrid or electric vehicle

Buying an eco-friendly vehicle, such as a hybrid or fully electric vehicle, has benefits beyond reducing your carbon footprint. Not only can buying such a car save you money at the gas pump, it can also save you money on your auto insurance policy. Several major insurance companies in Canada offer discounts of up to 10% if you drive an environmentally-friendly vehicle, and with so many automakers releasing new hybrid and EV offerings for all budgets, purchasing an eco-friendly car has never been easier.

Increase your deductible

A general rule of thumb within the insurance industry is as follows: the higher your deductible, the lower your insurance rate. So if you are looking to pay less for car insurance, consider a higher deductible.

The average car insurance deductible is around $500 in Canada, though most insurance companies will offer options of higher amounts. Increasing your deductible to $1,000 or more could save you money.

However, increasing your deductible is not a decision that should be made lightly. We recommend consulting with an auto insurance broker to learn about the pros and cons of doing so.

Pay annually vs. monthly

If your budget allows it, we recommend paying your insurance annually rather than monthly. Paying monthly may come with administrative fees that end up costing you more.

Sign up for driving school

Attending an approved driving school is one final way to earn an additional discount. Insurance providers understand that such training is likely to make someone a safer, more confident driver, and as such, they often offer a discount on your premium. So if you are a young or new driver in Canada, enrolling in driving school could help you save money on car insurance.

Benefits of car insurance

There are several reasons Canadian drivers choose to purchase auto insurance, which are outlined below.

You are protected in case of bodily injury

If you are injured in a car accident, car insurance can help. Even the most basic auto insurance plans in Canada feature protection against bodily injury. So if you or someone else involved in the accident requires medical attention following the collision, your insurance provider will help you cover the costs of care. For example, your insurance company can help you pay for medical expenses not covered by your health insurance policy, like prescription medications, rehabilitation, or physical therapy.

You are protected in the event of an accident

Car accidents happen, and they can have serious consequences. But with car insurance, you will be protected from the financial ramifications of an accident. This is because most auto insurance plans will cover the cost of repairing or replacing your car if it is damaged in an accident.

You are protected against theft

Depending on which auto insurance coverage you choose, your car may also be protected in the event of its theft. Comprehensive coverage is a type of optional insurance coverage available to Canadian residents. This type of coverage protects motorists from the results of a wide range of non-collision events.

Should you add collision coverage to your policy, you will be protected from paying for specific perils that may include theft, vandalism, floods, falling objects, earthquakes, and hurricanes. Plus, with comprehensive car insurance (also referred to as parked car insurance), your car will be protected when it’s parked and in motion.

You are in compliance with the law

One final reason Canadian drivers purchase car insurance is that it puts them in compliance with the law. Car insurance is mandatory throughout Canada, and driving uninsured is not only dangerous but can result in fines, jail time, and licence suspensions. Avoid these risks by purchasing car insurance that meets the minimum requirements set by the province or territory in which you reside.

Mandatory car insurance coverage in Canada

Car insurance is compulsory in every Canadian province and territory. Even though each region has its own rules and regulations surrounding car insurance, the purpose is the same: to protect drivers, passengers, and vehicles on the road. For this reason, certain types of auto insurance coverage are required of all motorists.

For example, every driver, regardless of their home province, must purchase a policy with third party liability coverage. Below is a list of the four mandatory coverage types in Ontario.

Third party liability coverage

Third party liability coverage protects motorists should they get into an accident that they are liable for. If the accident results in bodily injury or property damage, liability coverage can help pay for medical expenses, vehicle repairs, and any applicable court or legal fees. In Ontario, drivers must carry a minimum of $200,000 in third party liability coverage at all times.

Direct compensation - property damage coverage

Direct compensation - property damage coverage protects an insured car and its contents from the costs of property damage. However, unlike liability coverage, this type of coverage only applies if the policyholder is not at fault for the accident that caused the damage.

This type of coverage gets its name from the fact that the insurance company typically provides direct payment for the damage caused (such as a vehicle repair). To make a claim under the direct compensation portion of your policy in Ontario, the incident must meet the following criteria: it happened in Ontario, it involved multiple cars, and it involved at least one car that participates in the province’s car insurance program.

Uninsured automobile coverage

Uninsured automobile coverage protects you and any passengers in your vehicle if you get into an accident with an at-fault driver who is either uninsured or underinsured. This type of coverage also protects against hit-and-runs. Uninsured automobile coverage might provide compensation relating to medical expenses from injuries, car repairs due to damage, lost wages, and more.

Accident benefits coverage

If you, a passenger, or a pedestrian requires medical attention following a collision, accident benefits coverage can help. Coverage is offered regardless of which party was at fault for the collision and can help pay for loss of income, medical expenses, such as prescription medications, physical therapy, or rehabilitation, and more.

Optional car insurance coverage for motorists in Canada

While the four coverage types listed above are mandatory in Ontario, they are not the only types of coverage available to Canadian drivers. On the contrary, insurance providers offer a wide range of optional coverages to customers. Though they may not be relevant to all drivers, you’ll likely find that you could benefit from adding certain optional coverages to your auto insurance policy. A few of the most popular optional car insurance coverage types can be found below.

Collision coverage

Collision coverage protects the policyholder if they get into an accident with another vehicle or object on the road, no matter who is at fault for the accident. Under the collision coverage portion of your policy, you can receive compensation to help pay for any property damage that resulted from the collision, such as car repairs.

Comprehensive coverage

Comprehensive coverage protects against many risks that standard car insurance coverage does not. Therefore, many drivers choose it for the peace of mind it offers. For example, when you purchase comprehensive coverage, you can be protected against all kinds of non-collision perils, such as theft, vandalism, fire, water damage, falling objects, and more.

Accident forgiveness coverage

Accident forgiveness is one final type of optional coverage available to drivers in Canada. Accident forgiveness is additional coverage that can be added to your car insurance policy as an endorsement, to protect your driving record and to help prevent your insurance premium from increasing if you have an at-fault accident claim. Note: coverage varies by province

What factors determine car insurance rates?

Determining auto insurance rates is far from simple. In Canada, insurance companies take into account a wide range of factors when calculating premiums. Factors range from a driver’s age and marital status to their location, claims history, and the type of vehicle they drive. Canadian drivers might find it helpful to understand which details matter most when it comes to car insurance rates. BrokerLink’s insurance experts have put together a list of some of the most important factors impacting car insurance costs below.

Driving history

One of the most important factors used to calculate car insurance premiums is driving history. Driving history is a mix of one’s driving experience and driving record. Ample driving experience is generally an asset, as it’s a lack of experience that often results in high premiums for young drivers. However, in order to benefit from a lower premium, your ample driving experience must be combined with a clean driving record.

A clean driving record indicates that you are a safe and responsible driver, and your insurance company may reward you accordingly. But if your record is rife with speeding tickets, accidents, and DUIs, it will be more difficult (not to mention expensive) to obtain auto insurance.


Age is another factor insurance companies consider when calculating auto insurance rates. From an insurance provider’s perspective, there is a direct correlation between age and risk level, which is why age is such an important factor in determining auto insurance rates. Insurance companies believe that the younger a driver is, the less driving experience they have, and the greater risk they pose on the road.

This is why young drivers often face the highest car insurance rates across Canada. Another age group impacted is the elderly, and seniors over a certain age may pay more for car insurance than those between the ages of 25 and 59.


Where you drive your vehicle indicates your risk level, which is why insurers also use location to determine the cost of your car insurance policy. Drivers who live in populous urban areas, such as Toronto or Calgary, are more likely to get into accidents because there is more traffic on the road.

In contrast, drivers who live in rural parts of the province with less traffic are considered less likely to get into collisions and may benefit from cheaper policies. Lastly, if you live or work in a part of the country prone to climate related incidents, such as floods or wildfires, your insurance premium may also be affected.

Vehicle make, model, and year

The specific vehicle you drive is yet another factor insurance companies will use to determine your premium. They will ask for the make, model, and year of your car. Generally speaking, newer, more expensive cars cost more to insure since they are at a greater risk of theft, and if stolen (or even damaged in an accident), they would cost more to replace or repair. The exception to this rule is if your car is equipped with anti-theft devices or other safety features, such as security systems.

How frequently you drive your vehicle

The frequency with which you drive your vehicle may also influence your auto insurance rates. For example, if you spend an above-average amount of time on the road or you often drive at night or on major highways, your insurance premium may be higher than if you only drive a few days each week. The amount of time you spend on the road directly correlates to your risk level, as the more time you’re behind the wheel, the higher your odds of getting into an accident.

Marital status

One final factor that can influence your insurance premium is your marital status. Data suggests that married people are more responsible and financially stable, which insurance companies may take into consideration when calculating auto insurance premiums.

Please note that insurance companies are responsible for calculating auto insurance rates. Insurance brokerages do not determine your insurance premium. However, brokerages like BrokerLink can help you find the best coverage at the lowest possible rate. We can also make you aware of discounts you didn’t know you were eligible for and shop around on your behalf, creating an entirely stress-free car insurance experience. To get started with an insurance broker near you, contact BrokerLink today.

How to get a car insurance quote

Getting a car insurance quote has never been easier thanks to BrokerLink. Follow the steps below to find an accurate and competitive auto insurance quote.

1. Contact an insurance broker

The first step to obtaining a free quote is to contact an insurance broker. Give us a call and tell us a little bit about yourself and the type of car you drive, and we will provide you with a complimentary quote.

2. We shop around for you

After providing you with an obligation-free quote, one of BrokerLink’s insurance advisors will be happy to put together a policy on your behalf, by working with the top insurance companies in Canada to determine which one has the best car insurance coverage at the most competitive rate.

3. You get a great rate

As licensed insurance experts, BrokerLink’s advisors know how to find the best car insurance policies out there. We will give you a few options to choose from and you can pick which one’s right for you.

Why work with an auto insurance broker?

Enlisting the help of an auto insurance broker is one of the wisest decisions you can make. Why? Because when you work with a broker, you’ll have a car insurance expert at your service, all day every night. Plus, they will do all the work for you, shopping around and obtaining quotes on your behalf. Continue reading to learn more about the top benefits of working with a car insurance broker.

Brokers work independently

Did you know that insurance brokers in Canada work independently of insurers? That’s right, BrokerLink does not work for an insurance company - we work for you! This allows us to focus completely on our customers’ needs. Our friendly and knowledgeable insurance advisors put the customer above all else, taking the time to understand their needs, lifestyles, and budgets. And since we work independently, you can always rely on us to provide unbiased, objective advice on the best auto insurance policy for you and your family.

Brokers do the work for you

A second reason to work with an insurance broker in Canada is that brokers do the work for you. We work tirelessly on your behalf to obtain and compare quotes and unlock discounts. This allows you to sit back, relax, and spend your free time exactly how you want to be spending it.

BrokerLink brokers are car insurance experts

BrokerLink has been in business since 1991, which means we know the ins and outs of the auto insurance industry. With over 30 years of experience matching Canadian drivers with quality car insurance policies, we have the resources and expertise to find each customer a great policy at a competitive rate.

Get in touch

Want to learn more about car insurance rates or receive a free quote? BrokerLink can help.

We specialize in car insurance and are pleased to offer free quotes to all Canadian drivers. Get in touch by phone, email, or in person, and one of our insurance advisors will be pleased to assist you.

You can also take advantage of our free online auto insurance quotes. Request your no-obligation, complimentary car insurance quote using our online quote tool. To request a quote online, all you have to do is answer a few basic questions about yourself and your vehicle, and you’ll receive an accurate and competitive quote in minutes. From there, you can give us a call and a BrokerLink insurance advisor can answer any other questions you may have. Whether you want to understand how insurance brokerages work or how we can find you the best possible rate, we are here.

What are you waiting for? Contact BrokerLink today to obtain a free car insurance quote. We can’t wait to hear from you!


Request a free auto insurance quote today

BrokerLink is pleased to offer free car insurance quotes to all Canadian drivers. No matter what vehicle you drive or where you live in Canada, we invite you to take advantage of our accurate and competitive auto insurance quotes.

To request your car insurance quote online, click the “Get a quote” button. From there, you will be required to answer a few basic questions about yourself, such as your age, location, and the make, model, and year of the vehicle you drive. Upon submitting your answers, you will receive your free car insurance Canada quote in as little as five minutes.

Get an auto insurance quote


What car insurance coverage should I choose?

The car insurance coverage you choose depends on your unique circumstances. For example, your coverage will partially be determined by the province or territory you reside in. Each province and territory has its own rules around the mandatory insurance coverages and limits, and you will need to comply with these. For example, if you live in Ontario or Alberta, you will need to purchase a minimum of $200,000 in third party liability coverage.

Further, if you lease or finance your car, your lender may require you to purchase additional coverage. However, if you own your vehicle outright, the coverage choice is yours beyond the mandatory minimum. For example, you may decide to purchase optional coverage like collision, comprehensive, or accident forgiveness. The rule of thumb for collision and comprehensive coverage is that it’s worth it for brand new or luxury vehicles.

How do I find cheap auto insurance?

The best way to find cheap auto insurance in Canada is to work with an insurance brokerage. Since insurance brokers are car insurance experts, they will ensure you find the best coverage for the lowest price.

Beyond working with a broker, a few other ways you can find cheap auto insurance is by following these money-saving tips: insuring multiple cars together, bundling insurance policies together (e.g. car insurance plus home insurance or car insurance plus leisure vehicle insurance), installing winter tires on your vehicle, enrolling in an approved driving course (for young drivers), increasing your deductible, choosing annual over monthly payments, and buying a hybrid or electric vehicle.

For more FAQs, visit the BrokerLink FAQs page.

More Ways to Find a Great Rate

Car insurance quotes by driver:

Car insurance quotes by vehicle type:

Car insurance quotes by manufacturer:

Car insurance quotes by province:

Car insurance quotes by city: