What Is the Average Cost of Car Insurance in Quebec in 2023?
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Wondering what the average cost of car insurance in Quebec is in 2023?
You’ve come to the right place!
In this article, we’ll look at the factors that influence the price of car insurance in Quebec and give you an idea of the average costs you can expect this year. We’ll rely on data provided by the Insurance Bureau of Canada and by the Applied Rating Index from Applied Systems.
The average cost of car insurance in Quebec in 2023 will depend on several factors, as well as on market fluctuations. According to our estimates based on the trends of the past three years, the average cost of car insurance in Quebec in 2023 could reach about $916. However, it’s important to note that this estimate is based on historical data and that the final premium may vary depending on several factors.
Average cost of car insurance in Quebec over the past 5 years
| Year | Average price |
| 2019 *1 | $672 |
| 2020 *1 | $732 |
| 2021 *1 | $775 |
| 2022 *2 | $848 |
| 2023 *3 | $916 |
*1 Average car insurance premium for passenger vehicles. Groupement des assureurs automobiles [online]. [Accessed March 27, 2023]. Available at: https://gaa.qc.ca/fr/statistiques/cout-de-l-assurance-automobile/cout-de-l-assurance-pour-les-voitures-de-tourisme/.
*2 Applied Rating Index: Results for the Canadian market. Applied Systems [online]. [Accessed March 27, 2023]. Available at: https://www1.appliedsystems.com/globalassets/all-documents/resources/white-papers-research/applied-rating-index_fr-ca.pdf. Footnote: The average car insurance premium for passenger vehicles was calculated using data from the Groupement des assureurs automobiles [1] and the Applied Rating Index report from Applied Systems [2].
What factors influence the average cost of your car insurance in Quebec in 2023?
Many factors influence the average cost of your car insurance. They include the following:
- The driver’s age: The driver’s age influences the average cost of car insurance because young drivers generally have less experience behind the wheel, which exposes them to a higher risk of accidents. In addition, statistics show that younger drivers are more likely to make reckless decisions on the road.
- Place of residence: Where you live influences the average cost of car insurance because densely populated urban areas generally carry a higher risk of accidents and vehicle theft. In addition, repair costs can vary from one region to another.
- The type of vehicle: The type of vehicle influences the average cost of car insurance because certain models, such as luxury cars or sports cars, are more expensive to repair and have a high claims history. In addition, these vehicles may be more likely to be involved in accidents or thefts.
- Driving record: Your driving record influences the average cost of car insurance because insurers consider drivers with traffic tickets to be higher risk. A good driving record reflects responsible and safe behaviour on the road, which reduces the likelihood of future claims.
- Claims experience: A driver’s claims experience influences the average cost of car insurance because drivers with a claims history are seen as presenting a greater risk to insurers. A limited claims history points to careful driving and a lower likelihood of future claims.
- Coverage options: Your insurance coverage options influence the average cost of car insurance because drivers who choose more extensive coverage, such as all-perils and collision coverage, will pay higher premiums than those who opt for minimum civil liability insurance.
- Credit score: Your credit score influences the average cost of car insurance because insurers often use it to assess a driver’s level of financial responsibility. A high credit score suggests responsible money management, which can be correlated with careful behaviour on the road.
Now that you know what affects the average cost of car insurance in Quebec in 2023, you can find out how to save on your car insurance premium here.
In short, the average cost of car insurance in Quebec in 2023 depends on several factors, and since every driver and every vehicle is different, it’s important to shop around and compare car insurance offers to find the one that best suits your driver profile and your vehicle. Curious to see the ranking of the best car insurance premiums by manufacturer? Find out here!
You’ve already taken the first step toward saving by visiting ClicAssure.com, so you’re in the right place to save on your car insurance in Quebec in 2023!
Use our online comparison tool to get quotes from several insurers and find the best offer for you.
