Best Car Insurance Companies

Best Car Insurance Companies

We created a ranking of the best car insurance companies in Canada based on data from drivers who used our free quoter tool, liked a particular car insurance quote, and decided to connect with the agent or broker offering that rate.

About the authors

Alexandra Bosanac

Alexandra is a content manager in the personal finance space, specializing in auto insurance. Her reporting has appeared in Canadian Business, the Toronto Star, the National Post, and the CBC. 

Jane Switzer

 

​Jane Switzer is a writer, editor and native Torontonian. She got her start working in daily journalism, and was formerly a content manager for LowestRates.ca. She has written about personal finance and investing for websites like Wealthsimple, Tangerine Bank and Ratehub.ca. You can find her on Twitter: @janeswitzer.

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REPORT: Here’s how to save on car insurance as you age

REPORT: Here’s how to save on car insurance as you age

According to LowestRates.ca data, the insurance company that gave you the lowest rate in your 20s, 30s, and 40s might not be the right one for you later on in life.

This article has been updated from a previous version.

With age comes wisdom — and lower car insurance costs. 

For a number of reasons, the cost of car insurance declines for the average driver as they get older. Your insurance history and driving record grow longer. Teenage drivers, once listed as your secondary drivers, get their own policy. You no longer commute every day. You downsize and sell one of your cars. The list goes on.  

About the author

Alexandra Bosanac

Alexandra is a content manager in the personal finance space, specializing in auto insurance. Her reporting has appeared in Canadian Business, the Toronto Star, the National Post, and the CBC. 

Read this next

June 19, 2023

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The first few questions that come to mind for most drivers are: What kind of car insurance do I need? And how much cover... Read more

June 13, 2023

Switching your car insurance: penalty, cancellation fees, and rules

Read more

June 1, 2023

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Generally, the riskier you're seen to insure, the higher your premiums will be. But some drivers are considered too high... Read more

browse categories

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