Planned out a perfect itinerary, booked your flights, and found just the right hotel?
Well, there seems to be just one more thing you need for a perfect trip: travel insurance.
[H2] The Cost of Car Insurance Across Albertan Cities
Car insurance premiums can differ greatly depending on the city you live in. Certain cities are known for higher accident rates, while others have lower crime rates, which can impact your insurance rate. As a car owner, you want to make sure you’re not overpaying for insurance.
Let’s go over the Alberta cities with the cheapest and most expensive car insurance premiums so that you can make a more informed decision about your car insurance.
Edmonton is one of the most expensive cities in Alberta when it comes to car insurance premiums. The average insurance premium for a vehicle in Edmonton is around $ Premiums_MEAN_AUTO_Edmonton per year.
One of the reasons for the high cost of insurance in Edmonton is the high number of collisions that take place on the city’s roads. In 2019, there were over 42,000 collisions in Edmonton.
Calgary, like Edmonton, is another city in Alberta where you can expect to pay higher insurance premiums. The average cost for car insurance in Calgary is around $ Premiums_MEAN_AUTO_Calgary per year.
One of the factors that affect the cost of insurance in Calgary is the city’s location, as it’s situated close to the mountains, which can lead to more severe accidents. Additionally, there are more cars on the road in Calgary, which can lead to a higher likelihood of accidents.
- Red Deer
Red Deer is a city that has seen a decline in the number of accidents in recent years, which means that insurance rates have also dropped. The average cost of insurance in Red Deer is around $ Premiums_MEAN_AUTO_RedDeer per year, making it one of the more affordable cities in Alberta to own a vehicle.
Lethbridge is another Alberta city with relatively affordable insurance rates. The average cost of car insurance in Lethbridge is around $ Premiums_MEAN_AUTO_Lethbridge per year. The city has a lower population density than other major cities in Alberta, which could play a role in the lower insurance rates.