Buying Auto Insurance

Know how insurance premiums are calculated, where to turn for insurance if you are a higher-risk driver and what additional auto insurance coverage is available.  ​

How Auto Insurance Premiums are Calculated 

To set a premium to insure your vehicle, insurance companies consider many variables, including:

  • The vehicle’s make, model and production year
  • The driving records of the individuals who may drive the vehicle 
  • Where you live 

You can lower your premium by making informed decisions. Generally, the harder your vehicle is to steal and the less expensive it is to repair, the less you pay for insurance. Learn about the many ways you can lower your premium.

Facility Association

If you find it difficult to secure auto insurance, you will be able to obtain insurance through Facility Association. Funded by the property and casualty insurance industry, this non-profit association works with select insurers to ensure that coverage is available to those Canadians unable to buy it anywhere else in the jurisdictions where it operates.

Additional Coverage

There are 4 optional auto insurance coverages: collision, specified perils, comprehensive and all perils. These coverages would be in addition to the mandatory auto insurance that the provincial and territorial governments have established as the minimum standard that every automobile owner must acquire.