Finding affordable car insurance for your new car in Canada can be a challenging task. However, several providers stand out for their competitive rates and excellent coverage options. In this article, we will discuss some of the cheapest car insurance providers for new cars in Canada, helping you make an informed decision.
1. Aviva
Aviva is one of Canada's largest insurance companies and offers a wide range of coverage options for new cars. They provide discounts for bundled policies, and their user-friendly online quote system makes it easy to compare premiums. Customers often praise Aviva for their responsive customer service and hassle-free claims process.
2. Intact Insurance
As one of the leading insurers in Canada, Intact Insurance offers competitive rates on new car insurance. They provide various discounts, such as safe driving or multi-policy discounts. Intact also features a robust app that allows customers to manage their policies and file claims directly from their smartphones.
3. Desjardins Insurance
Desjardins is well-known for its affordable car insurance options and excellent customer service. They offer a variety of coverage plans tailored specifically for new vehicles, including comprehensive and collision coverage. New car owners can also benefit from discounts for ensuring their vehicles are equipped with safety features.
4. The Co-operators
The Co-operators is a Canadian-owned insurance company known for its personalized service. Their car insurance policies for new cars are competitively priced, and they often provide discounts for safe driving histories. Furthermore, The Co-operators offers a unique “My driving discount” program, which rewards safe drivers with additional savings.
5. Belairdirect
Belairdirect is another affordable choice for new car insurance in Canada. Their online quote tool allows users to compare prices rapidly, and they provide a range of discounts for both new cars and safe driving records. Belairdirect also offers a 24/7 emergency assistance service, ensuring help is just a call away.
6. Liberty Mutual
Liberty Mutual is known for its customizable insurance policies, allowing drivers to select coverage options that best fit their needs. They often provide competitive rates for new cars, and their customer service is rated highly in the industry. Liberty Mutual also features a range of discounts, including multi-vehicle and good student discounts.
7. Wawanesa Mutual Insurance
Wawanesa is a mutual insurance company that offers reasonable rates for new car insurance. They are particularly praised for their claims processing efficiency. Wawanesa provides various discounts, making them an attractive option for budget-conscious drivers looking for comprehensive coverage at an affordable price.
When searching for the cheapest car insurance for your new car in Canada, it's essential to compare quotes from multiple providers. Each insurer has its unique pricing model, so shopping around can help you find the best deal tailored to your needs. Additionally, consider factors such as coverage options, customer service ratings, and available discounts to ensure you choose the right provider for your new vehicle.
Make sure to regularly review and update your policy to ensure that you're consistently getting the best rates and coverage suitable for your circumstances. Happy driving!
