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How to Buy Insurance


You can buy home, business and optional auto insurance from private insurers. Products and prices vary from company to company. The Insurance Corporation of British Columbia (ICBC), a government-run insurer, provides mandatory basic auto insurance and also sells optional auto insurance.

Insurance protects you and your property against risk by covering unforeseen damage or mishaps. When driving a car, buying a home or establishing a business, you will have peace of mind with insurance.

Mandatory Auto Insurance

Mandatory basic auto insurance – which includes accident benefits, compulsory minimum third-party liability ($200,000) and uninsured motorist protection – must be bought from ICBC. Learn more about British Columbia auto insurance.


How to Buy Insurance

Optional Auto Insurance

Examples of optional products include collision coverage, comprehensive coverage, excess third-party liability and excess underinsured motorist protection. Products and prices vary from company to company.

Where to Buy Insurance

Most insurance representatives provide some form of home and business insurance. Make an informed choice before you buy.

Throughout the province, private insurance companies compete on the basis of price, coverage and service. They offer Nova Scotia consumers and businesses choices when buying mandatory auto or optional home or business insurance. Private insurers provide expert guidance on the best value and coverage for your needs.

Auto Insurance 

By law, if you own and drive a car in Nova Scotia, you must buy auto insurance from a private insurer. 

Home Insurance

While the law does not mandate it, banks or mortgage holders may insist that you purchase home insurance 

Business Insurance

Also called “commercial insurance,” business insurance​​ is not mandatory in the province.