Quick facts for car insurance in Calgary
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Quick facts for car insurance in Calgary
The average amount you’ll pay for insurance in Calgary aligns fairly well with the provincial average of around $1,300 for third-party liability. You may also be able to get a lower rate than the provincial average if you qualify for discounts or pay for the absolute minimum level of coverage. Find out more about how much you’ll have to pay to get car insurance in Calgary, and compare a number of reputable providers to find the best rates.
It’s difficult to narrow down exact estimates for the average price of car insurance in Calgary without doing a thorough analysis of the entire market. That said, word on the street is that you’ll pay upwards of $1,300 to get your car insured in this major Albertan city (which seems to be on-par with the provincial average).
Keep in mind that you might pay higher or lower amounts based on a number of personal factors. These include how old you are, what your claims history looks like, how long you’ve been driving, what type of car you drive and which neighborhood you live in. Your rates will also fluctuate based on what type of discounts you qualify for and what level of coverage you want.
It’s hard to say which company offers the cheapest insurance in Calgary. This is because prices will fluctuate based on a number of variables that relate to your unique personal situation. However, in an effort to give you a better understanding of what you might have to pay, we compared coverage for a standard vehicle and driver profile below.
Just keep in mind that this is only meant to give you a quick summary of what could be available in your area. The best way to find the best insurance for you is to compare at least five car insurance providers in your area. You’ll also want to see which discounts you may be eligible for and make sure you ask for them to be applied to your quoted prices.
We chose to compare the prices for car insurance based on an address near Meadowlark Park and the Chinook Centre. We compared quotes for $1 million worth of third-party liability on its own, as well as with collision/comprehensive added on.
The quotes outlined are for a 2017 Honda Civic clocking 10,000 km per year. The driver is listed as a 33 year old female with 10+ years of experience and a perfect driving record.
The average car insurance prices for our Calgary-based driver were over $1,600 per year. These prices went up astronomically with collision and comprehensive insurance added on.
Annual insurance rate (third-party liability only)
Annual insurance rate (with collision/comprehensive)
Based on our sample, our driver will pay a rate that’s a little bit above the provincial average of $1,316 to get the recommended level of third-party liability coverage. You may also be able to pay less if you choose to get only the legal limit of $200,000 worth of liability insurance.
Intact and SGI Canada are the cheapest car insurance providers for our sample driver, but this doesn’t necessarily mean they’ll be the cheapest for you. This is because your personal details – such as age, gender and driving experience – will influence your pricing.
SGI remains the cheapest option if you add on collision/comprehensive coverage. You should also be aware that adding extended coverage onto your policy could add thousands of dollars to your policy.
You can buy car insurance from a wide selection of private companies in Calgary. These include Canada-wide insurers such as Allstate, The Co-operators and several of Canada’s big banks. They also include all of the options listed in our sample above and many more.
Your best bet to get the car insurance that makes the most sense for you is to go through a third-party broker to compare several insurance companies at one time. You can also call various car insurance companies individually to get quotes directly from the source.
You’ll need to have a minimum level of insurance to drive a vehicle in Calgary, which includes the following:
To apply for car insurance in Calgary, you’ll typically need to meet the following criteria:
If you think you meet the eligibility criteria, you can apply for car insurance coverage with these simple steps:
You’ll likely pay rates that are on par with the provincial average of $1,316 if you live in Calgary for the most basic level of third-party liability. It will likely cost you much more if you want to add collision or comprehensive coverage onto your policy. Luckily, you can compare quotes from a number of different private insurers to find the best rates for your coverage.
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