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

Updated on February 12, 2024

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

Updated February 12, 2024

Visit author page

11 minute read

Article Contents

How Can You Get Cheap Car Insurance in Lethbridge?

You can get lower premiums and cheap car insurance in Lethbridge by finding the best policy deals and lowering your risk profile. Here are several ways to get cheap Lethbridge auto insurance:

Shop and Compare Policies

Different insurance providers offer different rates. By shopping between several companies, you can get the best Lethbridge auto insurance rates.

Bundle Home and Auto Insurance

Insurance companies like it when you bundle home and auto insurance because you’re giving them more business in one go. Bundling home and auto policies from one insurer typically gets you better rates than individual policies from two companies.

Remove Unnecessary Optional Coverage

Taking all the available auto insurance coverage protects you from many things but raises your premiums. If you want to lower insurance rates, double-check your policy and remove any optional coverage you likely won’t use.

Pay Yearly Premiums

Insurers often give discounts to customers who pay their auto insurance premiums in bulk. The initial payment might look expensive, but it’ll save you money compared to monthly premiums. Some insurers also offer half-year premium payments if you can’t afford to pay full-year premiums.

Drive Safely

Driving violations and accidents stay on your insurance record for years and negatively influence your auto insurance rates. If you have a clean driving record, ensure it stays that way to get the best Lethbridge car insurance rates.

Take Pay-As-You-Go Insurance

Consider pay-as-you-go insurance if you’re a safe driver who doesn’t travel much. This type of insurance determines your rates by analyzing your driving habits and car mileage. Pay-as-you-go insurance helps safe drivers save up to 30% on insurance premiums.

Get a Higher Deductible

You must pay deductibles when claiming insurance before the carrier covers the remaining expenses. A higher deductible means you pay more out of pocket in case of an accident, but it often comes with lower insurance premiums. Conversely, a lower deductible often means you pay less money in an accident but pay higher insurance rates.

Buy Safe Cars

Cars with high safety ratings often get lower insurance premiums because they’re less likely to experience serious damage in an accident. Check the car model’s safety rating before buying to ensure you won’t overpay for insurance.

Quick Facts About Auto Insurance in Lethbridge

  • Lethbridge car insurance is LESS expensive than the Alberta average.
  • The average annual car insurance cost in Lethbridge for a driver with a clean record is around $1,199.
  • Comparing Lethbridge auto insurance quotes with MyChoice can save you up to $851 annually.

Who Provides Car Insurance Quotes in Lethbridge?

Insurance brokers, agents, aggregators, and direct writers provide car insurance quotes in Lethbridge. Here’s an overview of these four insurance quote providers:

Insurance Brokers

Insurance brokers are independent providers who can compare insurance providers and find you the best policy deals. Brokers are often very knowledgeable about the Lethbridge auto insurance market, so they’re well-equipped to answer your questions about insurance.

Direct Writers

Direct writers are similar to agents in that they only sell products from one insurer. They are usually cheaper because they don’t have physical offices, but you can’t book a face-to-face meeting with them.

Insurance Agents

Insurance agents are employed under a certain insurer, so their policy selection may be limited compared to brokers. However, they know the company’s insurance policies like the back of their hand and can give you discounts not available to brokers. Insurance agents can also close sales independently, ensuring your policy sale finishes quickly.

Insurance Aggregators

Aggregator websites like MyChoice gather offers from multiple insurers in one place to help drivers find the best deals. These sites are entirely free for customers, so you can get quotes and find the right policy without spending anything.

How Does Car Insurance Work in Lethbridge?

Car insurance in Lethbridge works by providing an agreed-upon amount of money when you’re involved in an auto accident. Auto insurance in Canada is mandatory, which means you must have an insurance policy to avoid fines and suspensions.

On top of facing fines and suspensions, you could be flagged as a high-risk driver by insurers if you’re caught driving without insurance. High-risk drivers get higher auto insurance premiums, meaning it’ll be even harder for you to drive legally in Lethbridge.

Auto insurance coverage in Lethbridge is split into two types:

  • Mandatory: You need mandatory coverage to drive legally. 
  • Optional: Optional coverage provides extra protection in specific situations.

Alberta provincial law requires all drivers to have three types of insurance coverage:

Third-Party Liability (TPL)

TPL insurance coverage provides benefits if you’re at fault for an accident that causes vehicular damage or results in somebody getting hurt or killed. Alberta provincial law requires you to have a minimum of $200,000 in TPL protection.

Direct Compensation for Property Damage (DCPD)

DCPD insurance covers your vehicle’s damage if another insured driver is at fault. This coverage became mandatory in January 2022 and is automatically applied to all current auto insurance policyholders in Lethbridge.

Accident Benefits

Accident benefits cover medical bills, income replacement, and potential funeral expenses if you, your passenger, or a pedestrian are hurt or killed in an accident.

While you only need the three mandatory coverage options to drive legally in Lethbridge, you may need extra protection for various reasons. Here are some extra coverage options we recommend for Lethbridge drivers:

Additional TPL Coverage

The bare minimum $200,000 TPL coverage is relatively small, so some Lethbridge drivers opt for additional third-party liability protection worth up to $2 million. 

Extra Accident Benefits

Accident benefits often have a claims cap – in 2022, the cap is $5488. If that number seems too small, ask your insurer about raising the accident benefit cap.

Collision Insurance

Many people don’t realize that the mandatory coverage doesn’t cover repair costs if you’re at fault. We recommend getting collision insurance because you never know when you might be at fault for an accident, and car repair costs can be expensive.

Comprehensive Insurance

Vehicle collisions aren’t the only potential danger to your car. Your car can also be damaged by bad weather, vandals, fire, or even animal collisions. Comprehensive insurance coverage protects you from just about any danger aside from vehicular collisions.

Limited Depreciation Waiver

Car theft is unfortunately very common in Lethbridge, meaning you need insurance protection from it. With a limited waiver of depreciation, you can get a refund on your car’s purchase price if it was stolen or totalled in an accident. 

Ridesharing Coverage

Regular auto insurance in Lethbridge doesn’t provide coverage for ridesharing drivers because they have a higher risk profile than regular drivers. Some common risks for ridesharing drivers include driving long distances, entering dangerous areas, and increased chances of theft and accidents.

Fortunately, ridesharing coverage is designed specifically for this subset of drivers. If your car gets stolen or involved in an accident when working as a rideshare driver, this coverage will pay out.

How Your Car Insurance Quotes Are Calculated in Lethbridge

Your Lethbridge car insurance rates are calculated based on how risky the insurer thinks you are. Generally, you’ll pay higher premiums if the insurer believes you’re more likely to get into an accident.

Here are the key criteria for determining your Lethbridge car insurance quotes:

Personal Demographics

Personal demographics are one of the main consideration factors for your Lethbridge auto insurance premiums because they affect your risk profile greatly.

Younger drivers must pay higher premiums because insurers generally see them as accident-prone. Fortunately, insurance rates start declining at 25 years old because insurers see you as an experienced driver by then. Your rates rise again when you hit 65 because seniors tend to have worse eyesight and are more vulnerable to injuries or death in accidents.

Women often get lower insurance rates than men because insurers believe them to be more careful drivers. The same goes for married people, who insurers assume will take fewer risks because they have family waiting at home. Moreover, married people usually bundle home and auto insurance, further driving their premiums down.

Location

Insurers charge higher insurance rates if you live in big cities like Calgary and Edmonton. Big cities are riskier for drivers because there are more cars and a higher risk of theft.

Driving History

People with a clean driving history get lower premiums because insurers see them as low-risk drivers who are unlikely to get in accidents. Conversely, people with several accidents to their name get higher premiums because history may repeat down the line.

Driving Frequency

The more you drive, the more likely you will get into an accident. This is why insurers ask about your driving habits when determining your Lethbridge auto insurance premiums.

Vehicle Safety Record

Insurers use CLEAR (Canadian Loss Experience Automobile Rating) to measure a car model’s risk profile. Car models that are a frequent target of thieves and get into accidents often get a lower CLEAR score, marking them as high-risk vehicles. 

If you want to save on Lethbridge car insurance premiums, you should check a model’s CLEAR score before buying a car.

Coverage Chosen

Insurers use CLEAR (Canadian Loss Experience Automobile Rating) to measure a car model’s risk profile. Car models that are a frequent target of thieves and get into accidents often get a lower CLEAR score, marking them as high-risk vehicles. 

If you want to save on Lethbridge car insurance premiums, you should check a model’s CLEAR score before buying a car.

Most Expensive Postal Codes in Lethbridge

Lethbridge’s average annual cost of car insurance is $1,199 which is slightly under the average provincial rate in Alberta of $1,211. 

The Lethbridge North region T1H has the highest rates of car insurance premiums:

Postal codeAverage Annual Car Insurance Rate
T1H$1,248

Least Expensive Postal Codes in Lethbridge

Lethbridge, Alberta has some of the cheapest rentals in the entire country but also some of the highest auto insurance premiums. However, you can save some money if you live in an area with lower premiums. 

The area with the lowest car insurance premiums is the region of T1J, or Lethbridge West And Central, home to Lethbridge University.

Postal codeAverage Annual Car Insurance Rate
T1K$1,185
TIJ$1,191

Car Insurance Cost in Lethbridge by Age

Age is one of the factors that influence your auto insurance premiums the most. The price you pay for car insurance can vary by hundreds of dollars depending on, for example, if you’re under 20 or over 40. 

Younger adults and seniors usually pay more as they’re more likely to get into car accidents. Car insurance goes down for older adults but then goes up again for seniors. 

Take a look below at the cost of car insurance in Lethbridge per age group:

Age groupAverage Annual Car Insurance RateAnnual savings with MyChoice
18-20$4,280$851
21-24$2,446$487
25-34$1,631$324
35-44$1,199$238
45-54$983$196
55-64$836$166
65+$953$189

Car Insurance Cost in Lethbridge by Driving History

Your driving history also makes a big difference when looking for rates of auto insurance premiums in Lethbridge. Insurers check your history and give you a quote that varies based on past accidents, speeding and parking tickets, and other violations.

If your driving history is clean, it shows you’re a low-risk driver so insurers give lower rates. If not, the price goes up considerably. Driving safely is one of the ways you can get the cheapest car insurance rates in Alberta

Driving violationAverage Annual Car Insurance Rate
Clean driving record$1,199
Insurance cancellation due to non-payment$1,966
Licence suspension for alcohol-related offences$1,439
One accident$2,638
Speeding ticket$1,559

Other Factors That Affect Car Insurance Prices in Lethbridge

Many factors influence your Lethbridge car insurance rates. In addition to the ones we covered previously, here are other criteria that may increase or decrease your premiums:

Car Model Age

Older car models tend to land higher premiums because they don’t have the safety features of newer models, and their spare parts may be harder to find. Factor this larger insurance cost into your budget before buying a vintage car.

Service Centre or Dealership Availability

Cars that are hard to repair usually have higher insurance premiums. This includes import and luxury cars without a large dealership or service centre presence in Canada.

Vehicle Mileage

The more you drive, the higher the likelihood of you getting into an accident – this is why high-mileage cars get higher rates.

Local Crime Rates

Living in high-crime areas means your car is at a higher risk of being stolen or damaged. Insurers generally give residents of high-crime areas higher rates because they’re more likely to make theft or vandalism claims.

Loyalty Bonuses

Insurers love loyal customers and may even reward a long-term policyholder with discounts or other benefits. Ask your insurance agent about rate reductions or discounts if you’ve had your policy for years.

The Best Car Insurance Brokerages in Lethbridge

You can work with car insurance brokers in Lethbridge, to get affordable, comprehensive deals. Here’s a look at some of the best brokers in Lethbridge:

BrokerageAddressPhone number
Westland Insurance1201 3 Ave S
Lethbridge, AB T1J 0J8, Canada
+14033287777
Armour Insurance, Car, Home, Business, Farm & Life, Lethbridge1122 3 Ave S #3
Lethbridge, AB T1J 0J6, Canada
+14033274014
Chaparral Insurance Brokers Lethbridge3120 32 St S #150
Lethbridge, AB T1K 7B4, Canada
+14033882386
Astro Insurance & Registry100-542 7 St S
Lethbridge, AB T1J 2H1, Canada
+14033281000

Driving in Lethbridge

The City of Lethbridge is the industrial, commercial, financial, and transportation centre of Southern Alberta. It provides around 86,000 jobs for people living within a 100 km radius who commute to and within the city daily. 

Here are some key facts about driving in Lethbridge:

  • Major highways in Lethbridge: Highways 3, 4, 5, and 25
  • Public transit options: Lethbridge Transit (public bus), Red Arrow Motorcoach (e-bus and inter-city coach), Access-A-Ride (specialized transportation)
  • Ridesharing services: Uber, Lyft
  • Parking space providers: The City of Lethbridge, Precise Parklink
  • Top tourist attractions: Galt Museum, Nikka Yuko Japanese Garden, Fort Whoop-Up, High-Level Bridge, Southern Alberta Art Gallery, 4 UNESCO World Heritage Sites
  • Busy intersections: Scenic Dr. S and 3 Ave S, 6 Ave S and 13 St S, 32 Ave S and 32 St S 
  • Airports: Lethbridge Airport (YQL)

Main Mode of Commuting in Lethbridge

A vast majority of commuters in Lethbridge do so by car, truck, or van. Out of the 37,285 personal vehicle commuters, there are 34,845 drivers and 2,445 passengers. Coming in second place are pedestrians, with public transit users coming in third. Examine the table below for more information on the modes of commuting in Lethbridge:

Main mode of commutingCountsRates
Total – 25% sample data40,715100.0
Car, truck or van37,28591.6%
Car, truck or van – as a driver34,84585.6%
Car, truck or van – as a passenger2,4456.0%
Public transit9302.3%
Walked1,4653.6%
Bicycle3901.0%
Other method6401.6%

Commuting Duration in Lethbridge

Over half of the commuters in Lethbridge spend under 15 minutes getting to work. Meanwhile, 35.5% of commuters spend between 15 to 29 minutes getting to work. In a city of over 100,000 residents, these are reasonably fast commute times. Learn more about commuting durations in Lethbridge by examining the table below:

Commuting durationCountsRates
Total – 25% sample data40,715100.0
Less than 15 minutes21,35052.4%
15 to 29 minutes14,44535.5%
30 to 44 minutes2,7056.6%
45 to 59 minutes9352.3%
60 minutes and over1,2753.1%

Driving Conditions in Lethbridge

The cost of your insurance premiums is also affected by local driving conditions like how much it rains or snows. Here’s an overview of Lethbridge’s driving conditions:

  • Average daily commute time: 32 minutes round trip
  • Average annual rainfall: 271.1 mm
  • Average annual snowfall: 130.5 cm
  • Rainy days per year: 25.74 days
  • Rainiest month in Lethbridge: June
  • Driest month in Lethbridge: January
  • Snow days per year: 51.2 days
  • Snowfall months in Lethbridge: October – April 

Traffic in Lethbridge

Lethbridge is 100 km north of the American border and on the CANAMEX corridor. This has made it a major shipping destination and has contributed to its population growth of 15% since 2011.

  • Population: The City of Lethbridge has 101,482 residents. 
  • City area: Lethbridge has a city area of 127.2 km².
  • Time spent in traffic annually: The average Lethbridge resident spends 32 minutes in traffic daily, totalling roughly 195 hours per year.
  • Busiest roads: Lethbridge’s busiest roads are Whoop-Up Drive, Mayor Magrath Drive, Crowsnest Trail, Stafford Drive, Scenic Drive, University Drive West, 13 St, 6 Ave S, and 3 Ave S.

The Most Common Questions About Car Insurance in Lethbridge

Is ridesharing insurance available in Lethbridge?

Yes, ridesharing is available in Lethbridge. You can check if you are eligible for it with your insurance provider. 

How much does Lethbridge car insurance cost?

Car insurance in Lethbridge costs $1,199 on average per year. 

Is car insurance cheaper in Lethbridge than in Calgary?

Yes, car insurance is cheaper in Lethbridge than in Calgary. The average annual cost of car insurance in Calgary is $1,512 and $1,199 in Lethbridge. 

What are the best car insurance companies in Lethbridge?

The best car insurance companies in Lethbridge are X. When choosing the best car insurance company for you, check if they offer the coverage and services you need. 

Why should you compare car insurance rates in Lethbridge?

As rates can vary based on the insurer and your specific case, you should compare car insurance rates in Lethbridge to make sure you get the best deals.

What information do you need for an auto insurance quote in Lethbridge?

The information you need for an auto insurance quote in Lethbridge is:

Your age;
The car you drive;
Your driving history;
Your postal code.

Car insurance providers also use other information about you to give you a more accurate quote, like your gender and your licence level. 

Can I use my Lethbridge car insurance to drive in the United States?

Yes, you can use your Lethbridge car insurance to drive in the United States. That said, check with your insurance agent or broker first to ask what your policy covers. 

Are winter tires mandatory in Lethbridge?

No, winter tires aren’t mandatory in Lethbridge according to Alberta law. However, it’s a good idea to use them as they’ll grip icy winter roads better than summer tires. Plus, they can lower your premiums. If you decide to use winter tires, check out the top winter tire brands in Canada.

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, Lethbridge, Car Insurance Quotes Collected, 2023.

2. Mychoice.ca Internal Data, Least Expensive Postal Codes, Alberta, Lethbridge, Car Insurance Quotes Collected, 2023.

3. Mychoice.ca Internal Data, Rate Cost By Age, Alberta, Lethbridge, Car Insurance Quotes Collected, 2023.

4. Mychoice.ca Internal Data, Rate Cost By Driving History, Alberta, Lethbridge, Car Insurance Quotes Collected, 2023.

5. City of Lethbridge Website, Driving & Transit Information. Data Collected, 2023.

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

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

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

9. Transportation Alberta Mapping, Alberta, Lethbridge.

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