How Much Does Car Insurance Cost?


    The cost of car insurance varies widely depending on several factors, including your age, driving history, location, the type of car you drive, and the coverage options you choose. On average, in Canada, car insurance can range from around $1,000 to $3,000 per year. Younger drivers under 25 often pay more due to their higher perceived risk, while older, more experienced drivers generally pay less. Additionally, where you live matters; urban areas tend to have higher rates due to increased traffic and crime rates. The type of coverage also plays a significant role; basic liability insurance is cheaper than comprehensive coverage, which includes additional protections like collision and comprehensive coverage. Shopping around and comparing quotes from different insurers is the best way to find the most affordable car insurance for your specific needs.