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Discussion in 'Canada' started by DRPM, May 11, 2019.
Looking for recommendations for high value Ferrari's
In B.C. last year, average annual auto premiums were $1,680. The second-costliest province for auto premiums was Ontario, at $1,445.
On the other end of the scale, Quebec paid the lowest at $661 per year in premiums, followed by Prince Edward Island ($796 on average in 2017). In Quebec, the public insurance plan pays compensation for injuries arising from auto collisions, whereas private insurers cover physical damage to automobiles.
The latest figures released by Canada’s statistical agency for insurance regulators, the General Insurance Statistical Agency, show that provinces with competitive auto insurance systems continue to pay less than drivers insured through the Insurance Corporation of British Columbia (ICBC), a public insurer.