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Things to Know Before Getting Edmonton Car Insurance
Here are some things to know before getting car insurance in Edmonton:
- Car insurance is mandatory: In Edmonton, as in the rest of Alberta, all drivers are required by law to have a minimum amount of car insurance coverage. This includes third-party liability coverage, accident benefits coverage, and uninsured motorist coverage.
- Rates can vary widely: The cost of car insurance in Edmonton can vary widely based on a number of factors, including your driving record, the type of vehicle you drive, your age and gender, and other individual circumstances.
- Winter driving conditions: Like the rest of Alberta, Edmonton can experience severe winter driving conditions, including snow and ice on the roads. It’s important to prepare your vehicle and driving skills for these conditions, including equipping your car with winter tires and driving more slowly and cautiously on icy or snowy roads.
- High risk of auto theft: Edmonton has one of the highest rates of auto theft in Canada, which can result in higher insurance premiums. To help reduce the risk of theft, be sure to lock your car and keep valuables out of sight.
- Discounts and savings: Many insurance providers in Edmonton offer discounts and savings for a variety of reasons, such as having a good driving record, bundling multiple policies, or driving an eco-friendly vehicle. Be sure to ask about any available discounts when shopping for insurance.
- Comparison shopping: To get the best car insurance rates in Edmonton, it’s important to shop around and compare quotes from multiple insurance providers. Be sure to provide the same information to each provider to get accurate quotes.
- Insurance brokers: Working with an independent insurance broker in Edmonton can be a good way to compare rates and coverage options from multiple insurance providers. Brokers can also provide personalized advice and help you find the best coverage for your specific needs.
What is the Average Car Insurance Cost in Edmonton?
The average annual cost of car insurance in Edmonton is $1,458 in 2023. This is higher than the national average of $1,316.
Here is a table showing the estimated monthly car insurance costs for different types of cars in Edmonton for a driver profile of age 35, married, with a clean driving record.
Please note that these are just estimates, and actual costs may vary based on several factors such as the insurance company, the make and model of the vehicle, and the level of coverage. Additionally, insurance costs can vary between different provinces and territories in Canada.
| Type of Car | Liability only | Liability + Collision | Full Coverage |
|---|---|---|---|
| Sedan | $90 – $120 | $180 – $220 | $300 – $350 |
| Convertible | $160 – $200 | $240 – $300 | $400 – $500 |
| Hatchback | $80 – $100 | $160 – $200 | $280 – $320 |
| Wagon | $90 – $120 | $180 – $220 | $300 – $350 |
| Coupe | $120 – $150 | $220 – $270 | $360 – $450 |
| SUV | $130 – $170 | $230 – $280 | $380 – $450 |
| Truck | $140 – $180 | $240 – $290 | $390 – $470 |
| Minivans | $120 – $150 | $220 – $270 | $360 – $450 |
| Van | $120 – $150 | $220 – $270 | $360 – $450 |
| Electric Car | $100 – $130 | $200 – $250 | $330 – $400 |
| Hybrid Car | $100 – $130 | $200 – $250 | $330 – $400 |
| Multi Car | $80 – $100 | $160 – $200 | $280 – $320 |
| Exotic Car | $400 – $500 | $600 – $700 | $1000 – $1200 |
| Luxury Car | $400 – $500 | $600 – $700 | $1000 – $1200 |
| Classic Car | $100 – $130 | $200 – $250 | $330 – $400 |
| Vintage car | $100 – $130 | $200 – $250 | $330 – $400 |
| Sports Car | $400 – $500 | $600 – $700 | $1000 – $1200 |
| Leased cars | $120 – $150 | $220 – $270 | $360 – $450 |
| 2 Door | $120 – $150 | $220 – $270 | $360 – $450 |
Here is a table showing the estimated monthly car insurance costs for different driver profiles in Edmonton.
| Driver Profile | Liability only | Liability + Collision | Full Coverage |
|---|---|---|---|
| G1 Driver | $200 – $250 | $300 – $350 | $450 – $550 |
| G2 Driver | $100 – $150 | $200 – $250 | $350 – $400 |
| Full G | $80 – $120 | $160 – $200 | $280 – $320 |
| Teenage Driver | $400 – $500 | $600 – $700 | $1000 – $1200 |
| Young Driver | $160 – $200 | $260 – $320 | $420 – $500 |
| High-risk Driver | $400 – $500 | $600 – $700 | $1000 – $1200 |
| Occasional driver | $80 – $120 | $160 – $200 | $280 – $320 |
| Pleasure driver | $80 – $120 | $160 – $200 | $280 – $320 |
| Commuting driver | $120 – $150 | $220 – $270 | $360 – $450 |
| Good driver | $80 – $120 | $160 – $200 | $280 – $320 |
| Bad driver | $400 – $500 | $600 – $700 | $1000 – $1200 |
| New Driver | $200 – $250 | $300 – $350 | $450 – $550 |
| Secondary Driver | $80 – $120 | $160 – $200 | $280 – $320 |
| 17 Years Old | $400 – $500 | $600 – $700 | $1000 – $1200 |
| Seniors | $80 – $120 | $160 – $200 | $280 – $320 |
| Over 55 Years Old | $80 – $120 | $160 – $200 | $280 – $320 |
| Students | $100 – $150 | $200 – $250 | $350 – $400 |
| International Driver | $200 – $250 | $300 – $350 | $450 – $550 |
| Newcomers | $200 – $250 | $300 – $350 | $450 – $550 |
| Men Driver | $100 – $150 | $200 – $250 | $350 – $400 |
| Women Driver | $80 – $120 | $160 – $200 | $280 – $320 |
| Married Couples | $80 – $120 | $160 – $200 | $280 – $320 |
| Usage-Based | $80 – $120 | $160 – $200 | $280 – $320 |
| Uber/Lyft | $160 – $200 | $260 – $320 | $420 – $500 |
| Personal use | $80 – $120 | $160 – $200 | $280 – $320 |
| Business use | $120 – $150 | $220 – $270 | $360 – $450 |
| Commercial use | $400 – $500 | $600 – $700 | $1000 – $1200 |
Here is a table showing the estimated monthly car insurance costs range in Edmonton for a driver profile of age 35, married, based on different driving histories.
| Driving History | Liability only | Liability + Collision | Full Coverage |
|---|---|---|---|
| 1 one at-fault accident | $200 – $250 | $300 – $350 | $450 – $550 |
| 1 non-fault accident | $80 – $120 | $160 – $200 | $280 – $320 |
| DUI conviction | $400 – $500 | $600 – $700 | $1000 – $1200 |
| 1 Speeding Ticket | $100 – $150 | $200 – $250 | $350 – $400 |
How Does Edmonton’s Average Car Insurance Cost Compare to Other Cities?
Here is a comparison of Edmonton’s average car insurance costs with those of other major Canadian cities:
- Edmonton: $1,458
- Calgary: $1,378
- Vancouver: $1,698
- Toronto: $1,943
- Montreal: $798
- Ottawa: $1,176
- Winnipeg: $1,180
- Halifax: $997
Which Cars Have the Cheapest Car Insurance in Edmonton?
Generally, the following types of cars tend to have lower insurance rates in Edmonton:
- Sedans and small cars: Generally, smaller cars are less expensive to insure than larger cars or SUVs. This is because smaller cars are often cheaper to repair or replace in the event of an accident.
- Older cars: Older cars can also be less expensive to insure, since they may be less valuable and therefore cheaper to repair or replace.
- Cars with good safety ratings: Cars with good safety ratings and features, such as anti-lock brakes, airbags, and electronic stability control, can also be less expensive to insure.
Here are some examples of cars that may have lower insurance rates in Edmonton, along with their average insurance premiums (based on a sample driver profile):
- Honda Civic: $1,194
- Toyota Corolla: $1,195
- Mazda3: $1,210
- Hyundai Elantra: $1,187
- Chevrolet Cruze: $1,215
- Ford Focus: $1,235
- Nissan Versa: $1,241
How to Get the Cheapest Car Insurance in Edmonton?
Here are some tips to help you get the cheapest car insurance in Edmonton:
- Shop around: One of the most effective ways to get the cheapest car insurance in Edmonton is to shop around and compare quotes from multiple insurance providers. Be sure to provide the same information to each provider to get accurate quotes.
- Bundle policies: Many insurance providers offer discounts for customers who bundle multiple policies, such as car and home insurance. Be sure to ask about any available discounts when shopping for insurance.
- Increase your deductible: Choosing a higher deductible can lower your insurance premiums, but be sure to choose a deductible that you can afford to pay in the event of an accident.
- Consider a telematics device: Some insurance providers offer telematics devices that track your driving habits and can result in lower premiums if you are a safe driver.
- Drive a low-risk vehicle: Driving a vehicle that is less likely to be stolen or involved in an accident can result in lower insurance premiums. Be sure to research the safety ratings and theft rates of any vehicles you are considering.
- Maintain a good driving record: Maintaining a good driving record, with no accidents or traffic violations, can result in lower insurance premiums over time.
- Consider working with an insurance broker: Working with an independent insurance broker in Edmonton can be a good way to compare rates and coverage options from multiple insurance providers. Brokers can also provide personalized advice and help you find the best coverage for your specific needs.
List of Best Car Insurance Companies in Edmonton
Here are some of the best car insurance companies in Edmonton, along with a brief description of each and some bullet point reviews and star ratings based on customer feedback and ratings from various sources:
- AMA Insurance: AMA Insurance is a member-owned insurance provider based in Edmonton that offers a range of personal and commercial insurance products.
- Reviews: 4.5 stars on Google reviews, with customers praising the company’s friendly and helpful staff, as well as their competitive rates.
- TD Insurance: TD Insurance is a leading provider of car insurance in Canada, offering a range of coverage options and discounts for safe driving and bundled policies.
- Reviews: 4.1 stars on Google reviews, with customers praising the company’s easy-to-use online portal and competitive rates.
- Intact Insurance: Intact Insurance is one of the largest providers of car insurance in Canada, offering a range of coverage options and discounts for safe driving and bundled policies.
- Reviews: 3.7 stars on Google reviews, with customers praising the company’s excellent customer service and easy claims process.
- Wawanesa Insurance: Wawanesa Insurance is a Canadian-owned insurance provider that offers a range of personal and commercial insurance products, including car insurance.
- Reviews: 4.2 stars on Google reviews, with customers praising the company’s competitive rates and helpful customer service.
- Sonnet Insurance: Sonnet Insurance is a digital insurance provider that offers a range of coverage options for drivers in Edmonton and throughout Canada.
- Reviews: 4.2 stars on Google reviews, with customers praising the company’s user-friendly online platform and competitive rates.
List of Best Car Insurance Brokers in Edmonton
Here are some of the best independent car insurance brokers in Edmonton, along with a brief description of each and some bullet point reviews and star ratings based on customer feedback and ratings from various sources:
- HDF Insurance: HDF Insurance is an independent insurance brokerage based in Edmonton that offers a range of personal and commercial insurance products, including car insurance.
- Reviews: 4.9 stars on Google reviews, with customers praising the company’s knowledgeable and helpful staff, as well as their competitive rates.
- MBS Insurance Brokers: MBS Insurance Brokers is an independent insurance brokerage that offers a range of insurance products, including car insurance, to customers in Edmonton and throughout Alberta.
- Reviews: 4.8 stars on Google reviews, with customers praising the company’s friendly and helpful staff, as well as their competitive rates and comprehensive coverage options.
- ARC Insurance Brokers: ARC Insurance Brokers is an independent insurance brokerage that offers a range of personal and commercial insurance products, including car insurance, to customers in Edmonton and throughout Alberta.
- Reviews: 4.7 stars on Google reviews, with customers praising the company’s knowledgeable and friendly staff, as well as their competitive rates and easy claims process.
- Drayden Insurance Ltd.: Drayden Insurance Ltd. is an independent insurance brokerage that offers a range of insurance products, including car insurance, to customers in Edmonton and throughout Alberta.
- Reviews: 4.6 stars on Google reviews, with customers praising the company’s knowledgeable and helpful staff, as well as their competitive rates and comprehensive coverage options.
- Capital Insurance Brokers: Capital Insurance Brokers is an independent insurance brokerage that offers a range of personal and commercial insurance products, including car insurance, to customers in Edmonton and throughout Alberta.
- Reviews: 4.5 stars on Google reviews, with customers praising the company’s friendly and helpful staff, as well as their competitive rates and easy claims process.
Tips for Drivers in Edmonton
Here are some tips for drivers in Edmonton to stay safe and avoid accidents:
- Watch for wildlife: Edmonton is known for its wildlife, including deer and elk, which can pose a danger to drivers, especially on rural roads. Be sure to watch for signs warning of wildlife and reduce your speed in these areas.
- Drive for winter conditions: Edmonton experiences severe winter weather conditions, including snow, ice, and freezing temperatures. Be sure to prepare your vehicle for winter driving by equipping it with winter tires and driving more slowly and cautiously on icy or snowy roads.
- Use extra caution in construction zones: Edmonton has a number of ongoing construction projects, which can result in lane closures, detours, and other hazards for drivers. Be sure to follow posted speed limits and watch for workers and equipment in these areas.
- Plan for rush hour traffic: Like any major city, Edmonton experiences heavy traffic during rush hour, which can result in delays and frustration for drivers. Be sure to plan your route and allow extra time for your commute during peak traffic times.
- Watch for cyclists and pedestrians: Edmonton is home to a number of bike lanes and pedestrian-friendly areas, which can result in increased traffic from non-motorized vehicles and pedestrians. Be sure to watch for cyclists and pedestrians and give them plenty of space on the road.
- Avoid distracted driving: Distracted driving, such as texting or using a cell phone while driving, can be a major cause of accidents in Edmonton and throughout Alberta. Be sure to avoid any distractions while driving and focus on the road ahead.
What are the Most Dangerous Intersections in Edmonton?
Here are some of the most dangerous intersections in Edmonton, based on the number of reported collisions in recent years:
- Yellowhead Trail and 66 Street: This intersection had 84 collisions in 2019, making it one of the most dangerous in the city.
- Gateway Boulevard and Whitemud Drive: This intersection had 77 collisions in 2019, making it another high-risk location.
- 50 Street and Whitemud Drive: This intersection had 73 collisions in 2019, including several serious accidents.
- 111 Avenue and Groat Road: This intersection had 67 collisions in 2019, including several involving pedestrians and cyclists.
- 111 Avenue and 82 Street: This intersection had 57 collisions in 2019, including several involving left turns.
Total Reportable Collisions in Edmonton
Here are the total numbers of reportable collisions in Edmonton from 2013 to 2021, according to the City of Edmonton’s Open Data Portal:
- 2013: 23,262
- 2014: 23,439
- 2015: 23,572
- 2016: 25,126
- 2017: 26,830
- 2018: 27,082
- 2019: 26,139
- 2020: 20,335 (lower due to pandemic-related changes in driving habits)
- 2021 (as of November 2021): 21,808
About the Author: Valerie D. Hahn
Valerie is an insurance editor, journalist, and business professional at RateLab. She has more than 15 years of experience in personal financial products. She strives to educate readers and ensure that they are properly protected.
