Moncton drivers need to consider a variety of factors when buying car insurance, including the region’s busy roads, daily commutes from Dieppe and Riverview, and harsh winter driving. Wheeler Blvd, Route 15, and the Trans-Canada Highway all have heavy traffic, with commuters, tourists and large commercial trucks sharing the roadways. And, snow and ice mean that there is a higher chance of collision and weather damage to your vehicle.
Here we tell Moncton drivers what to expect to pay for car insurance, how rates change based on your postal code, driving history and car and what coverages are included in the prices shown.
What Drivers Pay for Car Insurance in Moncton
The median annual quote for Moncton is $1,460, or about $122 a month. Use that as a local reference point. Your address, vehicle, record and selected protection still determine the actual quote.
| Median annual premium | $1,460 |
| Median monthly premium | $122 |
| Moncton premium vs. New Brunswick Median | 2.4% more expensive |
| Cheapest Postal Code | E1X ($1,204) |
| Most Expensive Postal Code | E1K ($1,781) |
Cheapest and Most Expensive postal codes in Moncton
The highest median premium in this comparison is $1,781 for both E1K and E1H. The lowest median is $1,204 for E1X. Thus, there’s a $577 gap between the two extremes displayed here.
| Postal Code | Median annual car insurance premium |
|---|---|
| E1K | $1,781 |
| E1H | $1,781 |
| E1N | $1,742 |
| E1E | $1,507 |
| E1G | $1,460 |
| E1B | $1,456 |
| E1C | $1,422 |
| E1A | $1,393 |
| E1X | $1,204 |
What Makes Up the Moncton Premium?
Moncton’s $1,460 median annual premium includes $891 for required coverage. Another $557 is spent on collision and comprehensive, which covers damage to your own car.
| Part of the policy | What is included | Median annual car insurance premium |
|---|---|---|
| Legally required coverage | Third-Party Liability; DCPD; Uninsured Automobile; Accident Benefits | $891 |
| Vehicle damage protection | Collision; Comprehensive | $557 |
| Optional endorsements included | SEF 44 – Family Protection | $12 |
| Coverage Total: | $1,460 |
What Tickets and Claims Can Cost Drivers in Moncton
The speeding ticket bumps the Moncton median from $1,460 to $1,639. And one at-fault accident has the biggest impact here, bringing the figure up to $2,714. Ask your insurer how long a claim stays on your record, because it varies from company to company as does the surcharge.
| Driving record | Median annual car insurance premium |
|---|---|
| Clean | $1,460 |
| Minor speeding ticket | $1,639 |
| One at-fault accident | $2,714 |
| Insurance cancellation (non-payment) | $2,279 |
| Licence suspension | $1,752 |
| Impaired driving conviction | $2,695 |
| Stunt driving conviction | $2,178 |
Read More: What New Brunswick’s Impaired-Driving Penalties Mean for Moncton Drivers
Regional-Hub Traffic and Winter Weather in Moncton
Wheeler Boulevard and the Trans-Canada serve as the commuter routes for Moncton. Visitors use them too, as do commercial vehicles. So, report your annual kilometres and regular trips correctly, and increase your following distance while driving in freezing rain as stopping distance can vary greatly in these conditions.
Read More: How to Drive More Safely in Moncton’s Freezing Rain
The Most Common Questions About Car Insurance in Moncton
How much does Moncton car insurance cost?
This page has a median rate of $1,460/year for the clean driver profile used in this article. Your own individual rate will vary widely based on car, location, driving history and coverage amounts. Be sure to compare the same policy details before deciding if one is more competitive than another.
Does my Moncton car insurance work in the US?
If you’re travelling to the U.S., you’re likely covered in that country for short visits on a New Brunswick auto policy (subject to your policy’s territory, limits and exclusions). Check with your insurer about any extended visit, as well as if you need higher liability limits for driving abroad.
Why should you compare car insurance rates in Moncton?
Several Moncton car insurance companies could give different prices for the same car owner. When comparing quotes at the same liability coverage level, deductibles and any other optional coverages, you can tell which insurance company gives you the most affordable rate.
How can you get cheaper auto insurance in Moncton?
You can also compare car insurance prices in Moncton through MyChoice. Or see our main car insurance page for other ways of getting cheap car insurance quotes.
