Left Navigation

Prince Edward Island Auto Insurance


​​​​​​Prince Edward Island (P.E.I.) owners of motor vehicles must buy insurance coverage from a private insurer. The right coverage is essential. By law, owners of motor vehicles that are operated in the Province must buy the required amount of insurance.

​P.E.I.’s Highway Safety Division provides specific guidelines​ for drivers and vehicles. 


Prince Edward Island Auto Insurance

Looking to Insure Your Vehicle?

Generally speaking, there are two types of mandatory coverage​: accident benefits and third-party liability.

Insurance coverages are subject to change. When you buy or renew auto insurance, it’s important to understand what’s currently mandatory and evaluate price, coverage and service options. Many companies offer auto insurance to consumers and compete on the basis of price, coverage and service.​

After a collision, your auto insurance may cover your car, the driver of your car, passengers, pedestrians and property involved.  Your insurance company will provide protection if you hurt someone or damage property and are sued. 

How Your Vehicle Determines Your Premium

The make or model of your car often determines how much you pay for insurance. If a vehicle has a bad record of theft, car accidents and claims, it could cost more to insure. Review the insurance industry’s research on How Cars Measure Up​ before choosing your next car. 

The Prince Edward Island auto insurance system is subject to change. ​

Insurers pay $2 billion per year into Canada’s health care system.