Find Cheap Auto Insurance in Edmonton

Edmonton is one of the coldest major cities in the world, with snowfall expected as late as May and early as October. If you own a car in Edmonton, you need winter tires. If your safety is not incentive enough, consider that insurance companies will offer discounts of up to 5% for drivers who have them.

The Edmonton Transit Service (ETS) is the city's public transit agency, operating the Edmonton Light Rail Transit (LRT) line as well as a large fleet of buses. For a city whose history and economy is so intertwined with oil and gas, the public transit system is surprisingly extensive, stretching all the way from Edmonton to the neighbouring cities of Beaumont, Spruce Grove and Fort Saskatchewan. The entire fleet is wheelchair accessible too.

Insurance companies take your annual mileage and daily commute into account when calculating your premium, so leave the car at home and save on insurance!

Shockingly, the Insurance Bureau of Canada (IBC) estimates that as many as 60% of Edmonton’s stolen cars are left with keys inside prior to being stolen. In an effort to combat these numbers, Edmonton Police Service, the RCMP and the IBC have launched the “Lock Out Auto Theft” campaign to help drivers protect themselves and their vehicles from crime.

Make your car less attractive to thieves by securely locking it, and installing an approved car alarm or GPS tracker.

One sure-fire way to reduce your car insurance premium is to bundle it together with home or tenant insurance. By using the same insurer for multiple products, you will receive what’s known as a multi-line discount, sometimes saving you as much as 15% off each individual policy. This is also true if you have more than one vehicle. Insuring them all with the same company will incentivize the insurer to offer a better deal.

If you are a young driver under the age of 25, or only recently got your license, you will face the highest insurance rates. You are paying for a lack of experience. Once you have had your licence for six years, assuming you have a clean record, you can look forward to more affordable premiums.

In the meantime, driver education courses are available. Insurance companies offer reduced rates for successful completion of these, because not only are you learning valuable skills, but it demonstrates a willingness to be safe and considerate behind the wheel. Find available programs by consulting this list of licensed training schools in Edmonton.

Usage based insurance (UBI), sometimes called telematics or pay-as-you-drive insurance, makes use of a device installed in your car to monitor your driving habits.

Most companies offer a discount simply for signing up to such a program, and if you demonstrate good, defensive driving, you will be rewarded with even greater discounts. Some of the metrics used to determine your rate are average speed, acceleration, braking and time spent driving.

If the UBI device determines you are not driving safely, you will not receive the discount, but your rates cannot be increased because of it. In an expensive city like Edmonton, this is a great solution for good drivers who are sick of paying high premiums caused by the bad habits of others.

Every year, when your auto insurance is up for renewal, spend a few minutes reviewing your existing coverage. If circumstances have changed you may be able to remove some protections that you no longer need. If you are confident that you are a safe driver and can afford to pay a higher deductible in the event of a claim, commit to a higher deductible and you will receive lower quotes.

If you are alumni of the University of Alberta, a City of Edmonton employee, or a member of a local trade union like Local 488 or CUPE Alberta, additional discounts may be available. Look on your organisation’s website for information about which insurance companies are affiliated.

Additionally, ask if you can pay your entire annual premium in one lump sum in exchange for a better deal. Many insurers welcome this as it cuts down on their administrative costs.

Comparing quotes from top insurance providers is the best way to save on Edmonton car insurance. All you have to do is spend a few minutes on our site and we’ll show you multiple rates side by side. Finding the best coverage for the lowest price has never been this easy.

First things first, compare rates. The easiest and quickest way to comparison shop for cheap car insurance in Edmonton is through RATESDOTCA. Alternatively, drivers should talk to their providers about discounts. Discounts are available that reward drivers for their experience on the road, for bundling policies, and installing anti-theft devices, among other things. 

Edmonton has a lot to offer its citizens and visitors. It is the capital of Alberta and has a population of about 1 million. As a result, a dense population results in more cars, leading to more collisions, theft, and insurance claims.  

As a large metropolitan city serving a dense population, Edmonton residents can take advantage of ridesharing programs. Companies that provide ridesharing programs in Edmonton include: 

• Uber 
• Ridesharing.com (free sign-up to find carpool buddies in the area) 
• TappCar
• Lyft 

Many of these companies offer insurance coverage to their drivers. For example, as of 2020, Uber provides commercial insurance by Economical Insurance in Ontario, Quebec, and Alberta. Drivers receive: 

$2 million of uninsured/underinsured motorist coverage, $2 million of third-party liability coverage, loss or damage to a vehicle and coverage between trips. The insurance provides $1 million of third-party liability coverage if your insurer denies coverage.   

Just remember to always inform your insurance provider of your plans to become a driver for a ridesharing app, even if the app offers coverage. Not doing so could void your personal auto insurance policy (and having one is a prerequisite for rideshare drivers).

Each province is different when it comes to temporary car insurance. Alberta does not have temporary options. The province allows drivers to use an existing plate and registration for up to 14 days. There are no six-month policies available in Alberta.