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Auto rates down in Ontario, up in Alberta: report

March 13, 2018   by Staff

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Photo copyright: cost of auto insurance is coming down for the average Ontario driver, but climbing in Alberta, according to the 2018 Auto Insurance Price Index report by

The index found that Ontario drivers are paying 4.9% less than they were in 2016. Meanwhile, Alberta drivers have seen their rates jump 5.1% since the end of 2016.

Related: Ontario’s auto premium higher than Canadian average but falling:

The index also looked at factors such as age, finding Alberta’s 45+ demographic paying 5.6% more for auto insurance than they did in 2016. That same age group in Ontario saw their rates decline an average of 10.8% over that same time period. Most notable is an average 11.8% decline for Ontario drivers between 18 and 24 years of age.

For a male driver in Alberta, the average rate has gone up 5.9% since 2016, whereas male drivers in Ontario have seen rates drop by 6.9%. Women in both provinces have seen increases in their premiums—2.9% in Alberta and 1.9% in Ontario.’s Auto Insurance Price Index is based on hundreds of thousands of quotes. It tracked the percentage change in the average quote requested for car insurance by individual drivers in Ontario and Alberta, who insure only one vehicle.

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This story was originally published by Canadian Insurance Top Broker.