How much does car insurance cost in Canada? On average, Canadian drivers pay between $1,300 and $1,800 for car insurance coverage each year.
How much does car insurance cost per month in Canada BC?
The average monthly cost of car insurance in B.C. The base premium for basic insurance is $1,063. The base premium either rises or falls depending on your driving and insurance history. According to the Insurance Bureau of Canada, drivers pay an average of $1,832 a year for car insurance.
How much is insurance on a 300K car?
You can estimate your auto insurance per month by dividing your total amount by 12 months. For example, at the provincial average of $1,634 annually, your monthly payment will be $137. Note that payment schedules can vary by insurer.