Car Insurance in Baie-Comeau

INSURANCE PREMIUM HISTORY IN BAIE-COMEAU (LAST 10 YEARS)

In Baie-Comeau, auto insurance premiums have experienced a significant and steady increase between 2015 and 2025, rising from $576 to $1563. This increase of nearly 172% over ten years reflects the evolution of repair costs, general inflation, and possibly risk factors specific to the region.

Factors influencing your insurance premiums in baie-comeau

Car insurance premiums in baie-comeau are determined by a number of specific factors, which insurers carefully analyze to assess the risk level associated with each driver and vehicle. Understanding these factors can help you better understand the cost of your insurance.

• Your Driving Record: Your driving record history is the most important factor. A clean record with no accidents or tickets can save you hundreds of dollars a year, as it demonstrates that you are a responsible driver.
• Your vehicle: The make, model, year, and even color of your vehicle are taken into account. Newer cars, luxury models, or those with high repair costs generally cost more to insure.
• Your place of residence: In baie-comeau, population density and traffic can impact your premiums.
• Your vehicle usage: If you use your vehicle daily for work, your premium will be higher than if you only use it for occasional trips. The number of kilometers driven each year also has an impact.
• Your age: Young drivers generally pay higher premiums, as statistics show they are more likely to be involved in accidents.
• Your profile: Other factors such as your credit score, your profession and your insurance product purchasing habits also influence the cost of your insurance.

Car insurance in baie-comeau by age group

In Baie-Comeau, drivers aged 18 to 28 face the highest insurance premiums at $2037, more than double those of 60-70 year-olds who benefit from the lowest costs at $957. Drivers aged 40-50 enjoy the second-best rate at $1345, while those 30-40 and 50-60 pay $1711 and $1481 respectively.