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Recent Quotes From Our Users

Monthly PremiumsDate & TimeQuote TypeAgeGenderPostal Code
$84.22Jul 24, 2024, 04:44 PMAuto63FemaleM1J2C8
$43.53Jul 24, 2024, 06:04 PMHome47MaleL7P1Y9
$29.37Jul 24, 2024, 09:54 AMTenant41MaleN8W5N7

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Article Contents
Picture of By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated on May 16, 2024

Visit author page
Picture of By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated May 16, 2024

Visit author page

5 minute read

Article Contents

Quick Facts About Auto Insurance in Edmonton

  • Edmonton car insurance is MORE expensive than the Alberta average.
  • The average annual car insurance cost in Edmonton for a driver with comprehensive/collision coverage and a clean record is around $1,412.
  • Comparing Edmonton auto insurance quotes with MyChoice could save you up to $1,003 annually.

The Best Car Insurance Brokerages in Edmonton

Finding the best insurance plan in Edmonton is not easy. Thankfully, insurance brokers can do all that hard work for you. Edmonton’s insurance brokerages know the ins and outs of the insurance game and can help you get exactly the coverage you need. 

Here are some of the best car insurance brokerages in Edmonton:

BrokerageAddressPhone number
Leibel Insurance Group17415 102 Ave NW #102,
Edmonton, AB T5S 1J8
+17804848880
Capital Insurance Brokers
– East Edmonton
4363 167 Ave NW #207,
Edmonton, AB T5Y 3Y2
+15878472748
ARC Insurance Brokers – South3596 Allan Dr SW,
Edmonton, AB T6W 3G9
+17802445050
Armour Insurance, Car, Home,
Business, Farm & Life, Edmonton
5750 75 Street NW,
Edmonton, AB T6E 5X6
+17804750959

Most Expensive Postal Codes in Edmonton

Edmonton’s average auto insurance rate is $1,412 and depending on where you live in the city you might have to pay higher than the average rate. The postal codes with the most expensive rates are T5A, T5B, T5C, T5E, T5G and T5H, with an average rate of $1,719.

Here’s a table with a detailed breakdown of the most expensive postal codes for car insurance in Edmonton:

Postal codeAverage Annual Car Insurance Rate
T5A, T5B, T5C, T5E, T5G, T5H$1,719
T5X, T5Y, T5Z, T6V$1,676
T5V, T6B, T6C, T6P, T6S, T6A$1,666

Least Expensive Postal Codes in Edmonton

There are still a few postal codes in Edmonton where you can find a lower insurance rate. The postal codes T6J and T6T come in at $1,285, making them the best places in Edmonton to live if you want to get cheap car insurance.

Here’s a look at the postal codes where you can get the cheapest car insurance in Edmonton:

Postal codeAverage Annual Car Insurance Rate
T6J, T6T$1,285
T5M, T5N, T5P, T5R, T5S$1,432

Car Insurance Cost in Edmonton by Age

Your driver risk profile varies depending on how old you are. If you’re a new driver in your teens or early twenties, insurance companies will consider you a higher-risk driver than a driver in their thirties who’s been driving for a decade or so. That said, once you reach a certain age, your premiums start to go up again because your accident probability increases again.

Here’s a table of car insurance costs in Edmonton by age:

AgeAverage Annual Car Insurance RateAverage savings with MyChoice
18-20$5,041$1,003
21-24$2,880$573
25-34$1,920$382
35-44$1,412$281
45-54$1,158$230
55-64$984$196
65+$1,122$223

Car Insurance Cost in Edmonton by Driving History

A huge factor in determining your Edmonton car insurance premiums is your driving history. If you have speeding tickets, accident records, or other violations, insurance companies will jack up the prices of your premiums due to being a high-risk driver.

In Edmonton, the difference between a good driving record and a bad driving record can be massive. If you have a driving violation on your record, you may end up paying more than twice the annual premium compared to someone with a good driving record.

Here’s an example of how your Edmonton auto insurance premiums can be affected by a bad driving record:

Driving violationAverage Annual Car Insurance Rate
Clean driving record$1,412
Insurance cancellation due to non-payment$2,316
Licence suspension for alcohol-related offences$1,694
One accident$3,106
Speeding ticket$1,836

Driving in Edmonton

As Alberta’s capital city, Edmonton houses more than 1 million people, making it the fifth-largest city in Canada. Commuting to and from the city proper is relatively common for Edmonton workers.

Here’s a summary of what it’s like to drive in Edmonton:

  • Major highways in Edmonton: 216, 2, 16
  • Public transit options: Edmonton Transit (bus and trains)
  • Ridesharing services: Uber, Lyft
  • Parking space providers: Private parking lots and parkades
  • Top tourist attractions: Royal Alberta Museum, Elk Island National Park, Beaver Hills, Fort Edmonton Park, Ukrainian Cultural Heritage Village, Muttart Conservatory, Art Gallery of Alberta
  • Busy intersections: 107 Avenue and 142 Street, Yellowhead Trail and 149 Street, Yellowhead Trail and 97 Street, Yellowhead Trail and 127 Street, 34 Avenue and 91 Street, 34 Avenue and Gateway Boulevard
  • Airports: Edmonton International Airport

Main Mode of Commuting in Edmonton

An overwhelming majority of Edmonton’s commuters use cars and other personal vehicles to commute. Most of these commuters drive themselves, with drivers making up 78% of total Edmontonian commuters. Meanwhile, only 6.7%  of them are passengers. Here’s a breakdown of how Edmontonians commute:

Main mode of commutingCountsRates
Total – 25% sample data380,315100.0
Car, truck or van323,70585.1%
Car, truck or van – as a driver298,32078.4%
Car, truck or van – as a passenger25,3806.7%
Public transit30,8608.1%
Walked13,4303.5%
Bicycle3,3550.9%
Other method8,9702.4%

Commuting Duration in Edmonton

Almost half of Edmonton’s commuters take 15 to 29 minutes to get to their workplace. In fact, two-thirds of Edmontonians spend less than half an hour on their commutes. Here’s a detailed look at the commuting times in Edmonton:

Commuting durationCountsRates
Total – 25% sample data380,315100.0
Less than 15 minutes86,41522.7%
15 to 29 minutes174,83046.0%
30 to 44 minutes82,10021.6%
45 to 59 minutes19,0505.0%
60 minutes and over17,9204.7%

Driving Conditions in Edmonton

In a 2022 survey, Edmonton ranked in the worst three Canadian cities for road conditions. If you’re planning to drive in Edmonton in the winter months, we recommend investing in winter tires, as it can get very icy on Highway 216.

Here are some facts about the driving conditions in Edmonton:

  • Average daily commute time: 51 minutes round trip
  • Average annual rainfall: 3338 mm
  • Average annual snowfall: 123.5 cm
  • Rainy days per year: 108
  • Rainiest month in Edmonton: July
  • Driest month in Edmonton: October
  • Snow days per year: 141
  • Snowfall months in Edmonton: October to April

Traffic in Edmonton

Edmonton is a growing city center in Alberta, with a city population of over 1 million and a metropolitan population of over 1.4 million. With so many people driving in and around Edmonton, it’s surprising that traffic is on the lighter side.

Here’s a quick look at what driving in Edmonton is like:

  • Population: Edmonton has 1,010,899 residents within its city limits. 
  • City area: Edmonton’s urban area spans 684.4 km2.
  • Average commute distance: Most Edmontonians travel 6.8 km to their workplace or school.
  • Time spent in traffic annually: Most Edmontonians spend 310 hours every year stuck in rush hour traffic.
  • Busiest highways: Edmonton is surrounded by Highway 216, which serves as its main thoroughfare.

The Most Common Questions About Car Insurance in Edmonton

How much is car insurance in Edmonton?

Car insurance in Edmonton averages out to $1,412 a year. Your actual rate depends on a lot of factors like your age, driving history, and the kind of vehicle you’re driving.

Why does insurance cost more in Edmonton than it does in other Alberta cities?

Insurance costs more in Edmonton than in other Alberta cities because of its large driving population. Edmonton has also seen more insurance claims being filed than other Alberta cities, which drives insurance premiums up.

Is ridesharing insurance available in Edmonton?

Yes, ridesharing insurance is available in Edmonton for drivers who use a ridesharing app.

Does fault matter in a car accident in Edmonton?

Yes, fault matters in a car accident in Edmonton. Depending on whether or not you’re at fault, you can claim damages from your own collision coverage or from the Direct Compensation for Property Damage (DCPD) program implemented in Alberta in 2022.

Does my Edmonton auto insurance work in the US?

Yes, your Edmonton auto insurance will work in the US. This is because Canada and the US share a lot of the same insurance laws and regulations.

How can you get cheaper auto insurance in Edmonton?

Compare car insurance rates in Edmonton with MyChoice, or visit our main car insurance page to learn other ways of getting cheap car insurance quotes.

Methodology

Sample Size

We analyzed over 50,000 auto insurance quotes across Canada.

Profiles

Average rates were calculated using a standard profile and incident profiles. All personal details pertaining to the quotes and policies have been kept confidential.

Standard Profile

Single driver, one car, currently insured, and a pristine driving record. Our base profile is a 35-year-old individual (both male and female) with a spotless driving record.

Incident Profiles

We examined how rates change by evaluating profiles with a clean record (standard), one at-fault accident, a single speeding ticket, license suspension for alcohol related offenses and insurance cancellation due to non-payment.

Vehicle Details

These individuals own a 2018 Honda Civic, commute five days a week, and cover a distance of 15,000 kilometres annually.

Vehicle Models

Costs were also analyzed for different vehicles: Mazda CX-5, Ford Escape, Toyota Corolla, Honda Accord, Chevrolet Equinox, and the base 2018 Honda Civic.

Age and Homeownership

Profiles from age 18-65 (standard: 35 years) were considered. Depending on age, individuals might rent or own their homes. Age-related regulations may vary across provinces.

Team

MyChoice data science, MyChoice research.

Sources

1. Mychoice.ca Internal Data, Most Expensive Postal Codes, Alberta, Edmonton, Car Insurance Quotes Collected, 2024.

2. Mychoice.ca Internal Data, Least Expensive Postal Codes, Alberta, Edmonton, Car Insurance Quotes Collected, 2024.

3. Mychoice.ca Internal Data, Rate Cost By Age, Alberta, Edmonton, Car Insurance Quotes Collected, 2024.

4. Mychoice.ca Internal Data, Rate Cost By Driving History, Alberta, Edmonton, Car Insurance Quotes Collected, 2024.

5. City of Edmonton Website, Driving & Transit Information. Data Collected, 2024.

6. Statistics Canada, 2021, Census of Population, Alberta, Edmonton, Main Mode of Commuting. Data Published March 29, 2023.

7. Statistics Canada, 2021, Census of Population, Alberta, Edmonton, Commuting Duration. Data Published March 29, 2023.

8. Weather Network Canada, Historical Averages, Alberta, Edmonton.

9. Transportation Alberta Mapping, Alberta, Edmonton.

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