Calgary is a city located in the province of Alberta, Canada. It is the largest city in Alberta and the fourth-largest city in Canada, with a population of over 1.3 million people in the greater Calgary area. Calgary is known for its strong economy, which is driven by industries such as energy, finance, and technology. It is also home to several universities and colleges, including the University of Calgary and Mount Royal University. Calgary is known for its beautiful natural surroundings, including the Rocky Mountains, which are located just a short drive away. The city is also home to several major cultural events and attractions, including the Calgary Stampede, which is one of the largest rodeos in the world.
Is car insurance cheaper in Calgary versus Toronto?
Generally speaking, car insurance rates in Calgary are lower than those in Toronto, although this can vary depending on the specific circumstances.
According to recent data from the Insurance Bureau of Canada, the average annual auto insurance premium in Calgary is around $1,200-$1,400, while the average annual premium in Toronto is around $1,500-$1,700. However, these are just averages, and your individual insurance rate may be higher or lower depending on your specific situation.
Here is a hypothetical example based on average rates for a single, 30-year-old driver with a clean driving record who owns a 2019 Honda Civic:
- In Calgary: The average annual auto insurance premium for this driver might be around $1,200-$1,400.
- In Toronto: The average annual auto insurance premium for this driver might be around $1,500-$1,700.
Calculating and comparing Calgary car insurance quotes
Calculating and comparing car insurance quotes in Calgary can help you find the best rate for your needs. Here are some steps you can follow to get started:
- Gather your information: Before you can get an accurate car insurance quote, you’ll need to provide some information about yourself and your vehicle. This may include your age, driving record, type of vehicle, and location.
- Get quotes from multiple providers: It’s a good idea to get quotes from multiple car insurance providers to compare rates. You can do this online, by phone, or in person. Make sure to provide the same information to each provider to get an accurate comparison.
- Review the coverage and deductibles: When comparing car insurance quotes, make sure to review the coverage and deductibles offered by each provider. A lower premium may come with higher deductibles, which means you’ll have to pay more out of pocket if you get into an accident.
- Check for discounts: Many car insurance providers offer discounts for things like safe driving, multiple vehicles, and bundling policies. Make sure to check for any available discounts that could lower your premium.
- Make a decision: Once you’ve gathered and compared car insurance quotes, you can make a decision on which provider to go with. Choose the provider that offers the best coverage and rates for your needs.
What’s the average cost of car insurance in Calgary per month and per year?
Here is an example of the average cost of car insurance in Calgary per month and per year based on recent data:
- Average monthly cost: The average monthly cost of car insurance in Calgary is around $100-$130 per month.
- Average annual cost: The average annual cost of car insurance in Calgary is around $1,200-$1,500 per year.
Here is a table showing example average cost of car insurance in Calgary per year and per month for different driver profiles and cars.
| Driver Profile | Car Make and Model | Average Yearly Cost | Average Monthly Cost |
|---|---|---|---|
| Single, 30-year-old driver | 2019 Honda Civic | $1,200-$1,400 | $100-$117 |
| Married couple, both 40 years old | 2017 Toyota RAV4 | $1,300-$1,500 | $108-$125 |
| Single, 25-year-old driver | 2015 Mazda3 | $1,400-$1,600 | $117-$133 |
| Married couple, both 50 years old | 2020 Ford F-150 | $1,500-$1,700 | $125-$142 |
| Single, 35-year-old driver with a speeding ticket | 2018 Nissan Altima | $1,800-$2,000 | $150-$167 |
| Married couple, both 30 years old with a teenage driver | 2016 Honda Odyssey | $2,500-$2,800 | $208-$233 |
Average car insurance costs in Calgary for different driver profiles
Here is a table showing the average car insurance costs in Calgary per year and per month for different driver profiles.
| Driver Profile | Average Yearly Cost | Average Monthly Cost |
|---|---|---|
| New Driver | $3,000-$4,000 | $250-$333 |
| Secondary Driver | $1,200-$1,500 | $100-$125 |
| G1 Driver | $3,500-$4,500 | $292-$375 |
| G2 Driver | $2,500-$3,500 | $208-$292 |
| Full G | $1,200-$1,500 | $100-$125 |
| Teenage Driver | $5,000-$6,000 | $417-$500 |
| Young Driver | $2,000-$3,000 | $167-$250 |
| High-risk Driver | $4,500-$6,000 | $375-$500 |
| 17 Years Old | $4,000-$5,000 | $333-$417 |
| Seniors | $1,200-$1,500 | $100-$125 |
| Over 55 Years Old | $800-$1,000 | $67-$83 |
| Students | $1,500-$2,000 | $125-$167 |
| International Driver | $2,000-$3,000 | $167-$250 |
| Newcomers | $2,000-$3,000 | $167-$250 |
| Men Driver | $1,500-$2,000 | $125-$167 |
| Women Driver | $1,200-$1,500 | $100-$125 |
| Married Couples | $1,300-$1,500 | $108-$125 |
| Usage-Based | Varies | Varies |
| Uber | Varies | Varies |
Average car insurance costs in Calgary for different types of cars
Here is a table showing the average car insurance costs in Calgary per year and per month for different types of cars.
| Car Type | Average Yearly Cost | Average Monthly Cost |
|---|---|---|
| Sedan | $1,200-$1,500 | $100-$125 |
| Convertible | $1,500-$1,800 | $125-$150 |
| Hatchback | $1,200-$1,500 | $100-$125 |
| Wagon | $1,200-$1,500 | $100-$125 |
| Coupe | $1,500-$1,800 | $125-$150 |
| SUV | $1,500-$1,800 | $125-$150 |
| Truck | $1,800-$2,200 | $150-$183 |
| Minivans | $1,500-$1,800 | $125-$150 |
| Van | $1,800-$2,200 | $150-$183 |
| Electric Car | $1,800-$2,200 | $150-$183 |
| Hybrid Car | $1,800-$2,200 | $150-$183 |
| Multi Car | $1,200-$1,500 per car | $100-$125 per car |
| Exotic Car | $5,000-$10,000 | $417-$833 |
| Sports Car | $2,500-$4,000 | $208-$333 |
| Leased cars | Varies | Varies |
| 2 Door | $1,500-$1,800 | $125-$150 |
Average car insurance costs in Calgary for different driving histories
Here is a table showing the average car insurance costs in Calgary per year and per month for different driving histories.
| Driving History | Average Yearly Cost | Average Monthly Cost |
|---|---|---|
| Clean driving record | $1,200-$1,500 | $100-$125 |
| 1 one at-fault accident | $1,800-$2,200 | $150-$183 |
| 1 non-fault accident | $1,500-$1,800 | $125-$150 |
| DUI conviction | $4,000-$5,000 | $333-$417 |
| 1 Speeding Ticket | $1,500-$1,800 | $125-$150 |
Which companies and brokers offer car insurance quotes in Calgary?
Here are 20 companies and brokers that offer car insurance quotes in Calgary:
- TD Insurance
- Aviva Insurance
- Intact Insurance
- The Co-operators
- Allstate Insurance
- Economical Insurance
- AMA Insurance
- Johnson Insurance
- Desjardins Insurance
- Wawanesa Insurance
- Peace Hills Insurance
- Belairdirect Insurance
- Direct-Line Insurance
- Industrial Alliance Insurance
- Optimum Insurance
- Pembridge Insurance
- RSA Insurance
- SGI Canada Insurance
- Travelers Insurance
- Western Direct Insurance
About the Author: Robert Davis
