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In the mid-1800s, Ottawa was chosen as the permanent home for the new country of Canada’s capital city, due to its central location between Toronto and Kingston to the west, and Quebec City and Montreal to the east. It was also a location remote to the border with the United States and as such less vulnerable to a surprise attack. It’s also thought that the remote location would reduce rioting residents from storming the government, as had happened in some of Canada’s other early capitals.

There’s no such remoteness remaining as modern-day Ottawa is well connected with the rest of the country. The V-shaped city, on the south bank of the Ottawa River, the economy of the area is focused around government and associated services. High-tech industries are in such concentration that Ottawa is often called Silicon Valley North for this reason. Canada’s fourth largest metropolitan area, with about 900,000 residents, Ottawa is well-served by a transit system that includes conventional buses, bus-based rapid transit, and light rail transit systems. An expansion to the LRT is scheduled for completion in 2018.

Car Insurance Costs in Ottawa

The Ottawa-Gatineau region is served by two different sets of insurance regulations. Residents on the north side of the river, in Gatineau, use the Quebec auto insurance system, which is a mix of public insurance for personal injury accident benefits and private insurance for civil liability and automobile loss coverage. On the south side, car insurance falls under the Ontario system, the most expensive in Canada. Although Eastern Ontario is home to some of the lowest auto insurance rates in the province, this advantage is enjoyed by cities closer to Lake Ontario, along with the 401, in particular, Kingston, Napanee, and Belleville. Once the traffic congestion and population density of Ottawa are taken into account, car insurance premiums have a big-city base cost that drives overall prices up.

The Most Affordable Car Insurance in Ottawa

Since car insurance is a collection of particular coverage options, it’s possible for a motorist to choose coverage to meet both needs and budget. Lowering car insurance costs, however, also lowers car insurance coverage and exposes the driver to more of the financial burden in case of an accident or another damaging incident.

Ontario’s mandatory car insurance coverage requires a minimum of $200,000 of third party liability coverage. Compared with legal settlements, this is a risky number and could leave drivers on the financial hook in the case of at-fault lawsuits that exceed that amount. Increasing liability coverage to $1 million is a popular and inexpensive option.

Collision and comprehensive insurance protect the car owner against costs for damage to their vehicle, from accidents or other incidents, such as theft or vandalism. This coverage is optional, and deductible amounts are adjustable, so changes can be made to a policy to help make premiums fit a driver’s budget.

Comparison shopping for either a new policy or when an existing policy is up for renewal is the best way to assure you’re getting the lowest cost insurance. Start with QuoteFinder’s car insurance calculator on this page. Entering your data once saves you the legwork of visiting dozens of insurance site and returns your most affordable car insurance companies. You’ll save time finding the insurers who will save you money.

About the Author: Robert Davis

He is an insurance content professional with vast knowledge and a special aptitude and interest in imparting insurance education. He has authored many articles on insurance.

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