Date Published: 2023/06/30
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Are you a newcomer ready to explore Canada from behind the wheel? We understand that purchasing car insurance can be a complicated process, especially for those who are new to the country.
In this article, we’ll provide an overview of car insurance for new Canadians, ensuring you have the coverage you need to hit the road with confidence.
In Canada, all drivers are required to have a valid car insurance policy to legally drive a vehicle. It is a serious offence to drive without the necessary insurance coverage, whether you are new to the country or not.
Each province has its own regulations regarding the minimum coverage requirements and insurance options available. Research the specific requirements in your province to make sure you have the coverage you need before getting behind the wheel.
1. Obtain a Canadian driver's license. To legally drive in Canada, you'll need a Canadian license. The timelines and processes for exchanging your foreign license vary by province. For example, in Ontario, you can drive for up to 60 days with a foreign driver’s license, after which you need to apply for an Ontario license to continue driving.1 To exchange your license, you'll need to meet a series of requirements set by your province of residence. These requirements often include knowledge testing and road testing. Visit your local licensing office or check their website for detailed information on timelines and requirements for getting your Canadian license.
2. Get your records in order. When applying for car insurance in Canada, you’ll typically need to provide your:
Having proof of your existing out-of-country licensing and insurance may help you secure a better rate. However, not all insurance companies will consider driving history outside North America when calculating your premiums. Be prepared to provide documentation and inquire with insurance providers about their policies regarding international driving experience.
3. Research insurance providers in your area. Look for insurance companies with a good reputation, strong customer service and competitive rates. Reading online reviews and seeking recommendations from friends and family can also help you make an informed decision.
4. Compare multiple quotes. Requesting quotes from different insurance providers allows you to compare coverage options and premiums to find the best fit for your needs. Don't hesitate to ask questions about the coverage details and any discounts available.
As a new Canadian, you will likely have to pay a higher insurance premium. While car insurance is a necessary expense, there are steps you can take to reduce your premiums.
As a new Canadian, securing the right car insurance coverage is important for your safety and peace of mind on Canadian roads. We're here to support you throughout the process and help you navigate the complexities of car insurance in Canada. If you’re shopping for car insurance and would like to request a quote, reach out to an Orbit broker at 877-976-7248.
If you’re a current Orbit policyholder and have any questions about your insurance coverage, call 877-976-7248 to review your policy or learn more about your coverage options.