Kanetix.ca Study Reveals Montreal Car Insurance to be 23 Per Cent Higher Than Provincial Average
Montreal drivers pay considerably more for their auto insurance compared to drivers in Brossard, Blainville, Longueuil and other major cities in Quebec.
MONTREAL, November 14, 2017—How much does where you live in Quebec truly matter when it comes to what you pay for car insurance? According to Kanetix.ca, it matters a lot, especially if you live in Montreal where drivers pay the highest premiums in the province.
Overall, the average Quebec auto insurance rate is about $616; however, Montreal drivers pay an estimated $756 a year, about 23 per cent higher than the provincial average.
The results come from InsuraMap, an interactive tool from Kanetix.ca that lets you visually compare auto insurance rates from across the province. Based on a 35-year-old driver of a 2014 Honda Civic with a clean driving record, Kanetix.ca's InsuraMap charts out how premiums can vary when all else is equal, except the postal code. And, according to InsuraMap, auto insurance rates in Quebec differ significantly between the province's big cities, with Montreal and Laval paying the most for their coverage:
Meanwhile, in some of the Greater Montreal Area cities, auto insurance rates are considerably more affordable than those found in Montreal itself. In Repentigny ($593), Blainville ($592), Saint-Jerome ($590), Brossard ($577), and Mirabel ($556) estimated premiums are about $160 to $200 less per year than what Montreal drivers pay.
To view the estimated premiums for all the cities mentioned, as well as others including Saint-Jean-Sur-Richelieu, Saint-Hyacinthe, Drummondville, and Granby, click here.
According to Statistics Canada's latest census information, the most populated cities in Quebec are in order: Montreal, Quebec City, and Laval. How is it then that Quebec City isn't in the top three most expensive for car insurance?
The fact is, population, in and of itself, does not determine auto insurance rates. It's really about the likelihood of a claim. If you live in a city or town that—for whatever reason—reports more claims (or more costly claims) than other areas, your premiums are likely going to be higher.
InsuraMap is an interactive tool, which lets drivers see how rates compare to other parts of their city or province. It is available to drivers in Ontario, Alberta, Quebec, New Brunswick, Nova Scotia, and Prince Edward Island.
Launched in October 1999, Kanetix.ca was Canada's first online insurance marketplace and today provides over a million quotes per year to consumers looking for insurance, as well as comparisons for mortgage rates and credit cards.
The Kanetix.ca comparison service is a one-stop shopping environment for consumers. Each day, thousands visit the Kanetix.ca website to comparison shop their various financial needs. Shoppers choose what they want to compare, obtain a quotation and complete an online application or, with the help of Kanetix.ca connect with the provider to purchase or apply for the product over the phone.
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