Which Car Insurance Offers the Lowest Rates for October 2024?

As of October 2024, finding the cheapest car insurance in Canada depends greatly on your location, driving history, and other personal factors like age and vehicle type. Generally, comparison platforms such as Ratehub or Quick Quote are highly recommended for accessing the best rates, as they compile offers from multiple insurers tailored to your profile.

Comparing car insurance quotes is the key to finding the best rates, as premiums can vary significantly between providers, even for similar coverage. Quick Quote Citation

For example, in provinces like Quebec, insurance rates tend to be lower due to their no-fault insurance system, with average premiums around $1,043 per year. Meanwhile, Ontario remains one of the costlier provinces, with average annual rates around $1,824. For drivers seeking low-cost options, comparing quotes online and opting for basic coverage or usage-based insurance can be effective ways to lower premiums.