Insurance Delivery Many private insurance companies offer auto, home and business insurance to Quebec consumers and businesses. A public insurer provides mandatory auto insurance. Who Offers More Choice?Because private insurers compete for your business on the basis of price, coverage and service, they offer more coverage options. A public insurer provides the mandatory auto insurance set out by provincial regulations and other coverage. In provinces and territories where insurance is government run, choices are limited.When you buy any type of insurance, evaluate as many options as possible. This is also a good practice to follow when you renew insurance because coverage is subject to change. A private insurance company, its agents or brokers can provide expert guidance on the best value and coverage to meet your needs. Learn more about how to buy insurance.Auto InsuranceBy law, if you own and drive a car in the province, you must buy auto insurance from a private insurer.Home InsuranceWhile the law does not mandate it, banks or mortgage holders may insist that you purchase home insurance – and prove that you have it – before they’ll lend you money to buy a home.Business InsuranceAlso called “commercial insurance,” business insurance is not mandatory in the province. Related ServicesHow Insurance WorksInsurers use a pool of many premiums to pay for the home, auto and business losses of Canadians unfortunate enough to experience a loss. You are covered for losses outlined in your contract only, not for predictable events. Useful LinksInsurance VendorsInsurance is a significant financial investment so it’s worthwhile to learn about your buying options. You can buy insurance from a broker, agent or direct writer.Private Vs. Government-Run InsurancePublic and private insurers provide auto insurance. Both compete for your business, and private insurance companies provide more options and better value. The government runs the auto insurance system in British Columbia, Saskatchewan, Manitoba and Quebec.