How much does car insurance cost in Edmonton?
How much does car insurance cost in Edmonton?
How much does car insurance cost in Edmonton? The average cost of auto insurance in Edmonton is $1427 per year, or $118.92 per month – one of the highest rates in Alberta. Edmonton’s rate is slightly higher than Calgary’s rate of $1420 and the province’s average annual rate of $1235.
How can I get cheaper car insurance in Alberta?
How to get the cheapest car insurance in Alberta
- Get winter tires.
- Install an anti-theft device.
- Bundle auto with home insurance.
- Insure all vehicles under one policy.
- Take a driver’s education course.
- Increase your deductible.
- Drive less.
- Pay premiums annually.
Is Edmonton car insurance high?
How much does car insurance cost in Edmonton? According to the Insurance Bureau of Canada, Albertans face the third highest premiums in Canada, averaging $1,316 per year or approximately $110 per month. Edmonton’s premiums are the highest in Alberta, 14% more expensive the provincial average.
Is Pembridge insurance an Allstate company?
Pembridge Insurance Company provides home and automobile insurance to Canadians through a network of select insurance brokers. Pembridge is backed by Allstate Insurance Company, giving it the scale and financial stability of one of the largest insurance companies in North America.
Why is insurance so expensive in Alberta?
Power said the increases are due to a number of factors: built-in vehicle technology is expensive to repair, distracted driving is on the rise, and Alberta’s weather is changing. All of these factors have increased the amount of consumer claims and their associated costs, she said.
How much is car insurance in Canada per month?
The average monthly car insurance rates in Ontario are between $125 to $158, depending on which part of the province you live in. This is the highest average car insurance rate among all provinces in Canada.
Why is Alberta insurance so expensive?
Why is insurance so expensive in Edmonton?
Edmonton is the Most Expensive City to Insure A Vehicle One of these factors is population density. Larger populations mean more vehicles on the road, which generally means a higher risk of accidents occurring. Lastly, insurance companies consider theft rate when building their pricing.
