Is car insurance cheaper in BC or Ontario?
Two of the most expensive provinces for vehicle insurance are British Columbia and Ontario. But which one is the highest? Is Car Insurance Cheaper In BC Than Ontario? British Columbia has earned the reputation for being the province with the highest insurance rates. How Much Does It Cost To Insure A Car In BC? $1,832.
What is the average car insurance premium in British Columbia?
The average annual car insurance premium in British Columbia is $1,680, nearly 14% higher than the next name on the list — Ontario ($1,445). Placed third and fourth on the list are Alberta ($1,251) and Newfoundland & Labrador ($1,132), while Manitoba rounds out the top five with an annual average premium of $1,080.
How do car insurance rates vary across Canada?
Car insurance rates vary across Canada, thanks to a multitude of factors. There are both public and private run insurance programs throughout the nation, with Saskatchewan, Manitoba and British Columbia relying on provincial run coverage, while the rest of Canada is privately insured, through multiple independent insurance companies.