Auto insurance in Quebec requires a minimum level of coverage. You can reduce the premium by paying the mandatory amount or by getting an enhanced coverage option. The amount of coverage will vary depending on your driving record and the area you live in. There are also optional features you can add to your policy for extra protection. If you’re concerned about the cost of coverage, check the details of your policy.
Quebec car insurance is provided by the SAAQ (Société de l’assurance automobile du Québec), a government entity. The SAAQ will cover your medical expenses if you’re in an accident. This hybrid car insurance model ensures that Quebec drivers cannot sue each other for bodily injury, but it also keeps the amount of payouts lower than in other provinces. It also helps keep fraud out of accidents by reducing the incentive to cheat.
The average cost of car insurance in Montreal is higher than in other parts of Quebec. This is primarily due to the fact that the city is larger and has higher risk factors such as more pedestrians and narrower streets. In addition, car insurance rates in Montreal depend on the individual’s age, gender, driving experience, and car type.
There are several different insurance companies in Montreal. TD Insurance and The Co-operators are two of the more affordable options. Allstate has a great customer service record and is a top choice for many. The Co-operators offers excellent service, and their premiums are on average 38% lower than Allstate’s.
Liability coverage covers the cost of another driver’s vehicle, while accident benefits pay medical bills and pay time off from work. Under the Quebec Automobile Insurance Act, drivers are required to carry at least $50,000 in civil liability insurance through a private insurer. However, many insurers offer customized coverage that meets individual needs.
A basic plan also includes no-fault insurance. This means that the person responsible for the accident cannot sue the other party. This coverage is available to all Quebec residents. However, if you plan to travel outside Quebec, you must call your insurance provider and let them know so that they can adjust your coverage.
Auto insurance in Montreal is expensive, but not prohibitively so. The average premium for a policy in Montreal is about $122 a month. TD Insurance has the lowest monthly premium of any auto insurance company in the province. Another insurer that offers lower rates is The Co-operators. Both of these companies have excellent customer service. Aviva and Allstate are also cheap options.