answersLogoWhite

0


Best Answer

It depends on very many aspects, which should be taken into account. Insurance quotes can vary not just by 20%, but by 200% or more.

1. Type of insurance

There are a number of different insurance products available on the Canadian market. Most relevant for this question would be:

  • Auto Insurance
  • Home Insurance
  • Life Insurance
2. ProvinceInsurance cost has strong variation from one province to other. For example driver in Ontario pay the highest premiums (avg. $179/month) for auto insurance, while in Quebec the lowest ones (avg. $75/month). 3. Asset Value

Logically you would pay higher insurance premiums for expensive car or home. If someone has health issues, it will obviously drive the life insurance cost up.

These inputs are just the basic ones. You need to enter more than 30 parameters to get exact quote from one of the Canadian insurance quoting platforms. Kanetix and InsuranceHotline are the most popular in Canada.

Alternatively you can use Insurance Price Comparison from InsurEye Inc. This online service uses aggregated social knowledge and shows users how their insurance spending compares to their peers.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much does insurance cost in Canada?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How much is travel insurance in Canada?

The cost would depend on what city in Canada, also weather or not your a visitor or a resident of Canada. Once you answer these questions you can request a quote for the insurance cost.


How much does house insurance cost in Canada?

$500-600 annually


Where can one get low cost term life insurance in Canada?

One can get low cost term life insurance in Canada from the insurance company called State Farm. One can also get this form of insurance from Canada Life among others.


How much does builders risk insurance cost?

How Much Does Builders Insurance Cost?Builders insurance is usually 1% to 5% of your total construction budget. The accurate cost of insurance is determined by the required level of coverage and the insurance company you have chosen.


How much does a physical cost with insurance?

It depends on your insurance coverage. Check with your insurance.


How much prescriptions cost?

It depends on which medication it is, whether or not you have insurance, and how much the insurance covers.


How much does it cost for a scooters insurance?

my mum boyfiend is buying me a new scooter for my birthday which is in September i don't no how much the insurance will cost me.


How much did milk cost in Canada in 2008?

it depends where in canada.


How much does it cost for insurance on two chihuahuas dogs?

It depends on where you get your insurance.


How much does the average Clarinet cost in Canada?

Clarinet average cost 200 bucks in Canada.


How much would insurance cost on a Boeing 747 each year?

How much is insurance for 747


How much is postage cost for 9 ounces to Canada?

How much does it cost to send a padded envelope to canada weighing 9 ounces