Canada insurance rates by province, 2026
Where you live is the single biggest factor in what you pay — a public auto system is not comparable to a private-market premium, and home cover in BC carries the highest risk loading in the country. The table below is the baseline; where a market works differently (SK’s two layers, MB’s single public insurer) the basis is stated instead of leaving you with a number you cannot read.
| Province | Auto / year | Home / year | Market structure & 2026 driver |
|---|---|---|---|
| BC | $1,800–2,200 | $1,500–2,200 | Public basic (ICBC) plus private optional. Highest wildfire and flood exposure; 2024 insured catastrophe losses in Canada reached $9.4B (IBC). |
| ON | $1,600–2,400 | $1,200–2,000 | Fully private market. Auto up about 11.8% year over year; the 44-city average benchmark is $2,132 (MyChoice 2026). |
| AB | $1,500–2,000 | $1,300–1,800 | Fully private. Fastest auto inflation in Canada at about +21.3% year over year; home insurance CPI up 9.07% (StatCan). |
| SK | $1,850–2,000 | $1,260–2,100 | Two-tier: public SGI Auto Fund basic + private Auto Pak extension. The auto figure above is the all-in cost — roughly $1,400 basic, plus a typical extension ($292–300), the $68 registration fee and 6% PST. Each layer is still quoted separately: a public basic rate is not comparable to a private-market premium. |
| MB | $1,300–2,000 | $1,200–2,000 | Single public system (MPI Autopac). MPI files one province-wide rate, so movement is smaller than in private markets. The range above runs from the ~$1,300 province average to the top of the published Winnipeg full-coverage band ($2,000) — and that public rate is not directly comparable to a private-market premium. |
Rebuild costs have risen about 69.4% since 2020 (StatCan construction cost index) — that is why sum insured, not market value, is the number to check before you compare home quotes.
What is moving in each province
- BC
- ICBC basic rates were held flat for 2026, so movement comes from optional coverage and private insurers — and from claims, with 2024 catastrophe losses reaching $9.4B nationally (IBC). Home cover stays the most expensive in Canada.
- ON
- Fully private and the biggest market: car insurance ran about 11.8% higher year over year, and city risk spreads 2× — Brampton is roughly twice the Ottawa average (MyChoice 2026). Home premiums track rebuild cost, not house prices.
- AB
- The fastest auto inflation in Canada at about +21.3% year over year, on top of hail exposure that already pushes property claims up; home insurance CPI rose 9.07% (StatCan). Alberta’s 22-carrier rating tool is the reference point for quotes.
- SK
- Two layers: SGI Auto Fund basic (public, a province-wide rate — roughly $1,400 a year) and a private Auto Pak extension ($292–300 typical). The table’s auto figure is the all-in cost including the $68 registration fee and 6% PST. Keep the layers apart when you judge a price: compare the extension against private markets and the basic against SGI’s own filing.
- MB
- Single public system: MPI Autopac files one rate for the province, so annual movement is smaller and more predictable than in private markets. Home cover still tracks rebuild cost and sewer-backup exposure.
Where these numbers come from
- Premium ranges use the InsurVibe engine rate pack SIM-2026.10 (province and city factors, carrier relativities) for a common profile: a clean 35-year-old driver and a $400k home with a $1,000 deductible.
- Market structure, year-over-year movement and catastrophe losses come from published sources: StatCan CPI and construction cost index, IBC catastrophe reports, MyChoice 2026 Ontario city quotes, AAIRB 2026 Alberta rating tool, ICBC Basic Tariff, SGI Auto Fund and MPI Autopac filings.
- Figures are reviewed quarterly (January, April, July, October). When the engine rate pack changes, this page changes with it — the table is the same data the quote tool uses, not a static marketing number.
- Ranges are estimates for comparison, not quotes. Final premiums depend on the full application: driving record, claims history, property details, coverage choices and underwriting.
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Questions about these figures
Why is Quebec not in the table?
Quebec runs a public auto scheme (SAAQ) with private home insurance, and it is the cheapest market in Canada on every public ranking. We do not yet quote there, so instead of publishing a number we cannot stand behind, we say so.
How do I read the Saskatchewan and Manitoba auto figures?
Neither province is a plain private market. SK is two layers — the public SGI Auto Fund basic (about $1,400 a year, province-wide) plus a private Auto Pak extension ($292–300 typical) — and the table shows the all-in cost including the $68 registration fee and 6% PST, so it is comparable to a full private-market policy. MB runs a single public insurer, MPI Autopac: the low end of its range is the ~$1,300 province-wide average, the high end the top of the published Winnipeg full-coverage band. In both, keep the public layer in mind before comparing with Ontario or Alberta.
Why did home insurance go up more than auto in some provinces?
Rebuild costs. Construction cost inflation of about 69.4% since 2020 raises the sum insured on every policy, and catastrophe losses — wildfire, hail, flooding — are repriced into the next renewal rather than paid out of an existing premium.
Can I get a quote for my exact address and vehicle?
Yes — the quote tool prices by province, city and postal code, and BC home addresses are matched against assessment data for year built, floor area and value. The table above is the baseline; your own numbers will differ.
Related pages
Figures reviewed October 2026. Estimates only; final premiums are subject to underwriting.