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Affordable Car Insurance in Red Deer from $148/month

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Recent Quotes From Our Users

Monthly PremiumsDate & TimeQuote TypeAgeGenderCity
$83.14Dec 17, 2025, 08:11 PMAuto34FemaleSudbury
$45.88Dec 17, 2025, 08:32 AMHome47FemaleBelleville
$21.39Dec 17, 2025, 05:47 PMTenant35FemaleOakville
$39.54Dec 17, 2025, 11:33 PMLife25MaleNiagara Falls

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Updated on December 2, 2025

6 minute read

Quick Facts About Auto Insurance in Red Deer

  • Red Deer car insurance is MORE expensive than the Alberta average.
  • The average annual car insurance cost in Red Deer for a driver with comprehensive/collision coverage and a clean record is around $2,335.
  • Comparing Red Deer auto insurance quotes with MyChoice can save you up to $1,314 annually.

Quote data from MyChoice.ca, November 2025

How Does Car Insurance Work in Red Deer?

Car insurance is mandatory in Alberta, and if you live in Red Deer, it’s important to understand how your premium is calculated and what types of coverage make up a standard policy.

Below is a breakdown of what’s typically included when you get a car insurance quote in Red Deer through MyChoice, divided into mandatory and highly recommended coverages. Together, these form the full picture of what drivers in Red Deer pay on average for insurance.

Coverage TypeWhat’s IncludedAverage Annual
Car Insurance Premium
Mandatory– Third-Party Liability (minimum $204,523)
– Accident Benefits
– Direct Compensation:
Property Damage (DCPD)
$1,118
Highly Recommended– Collision
– Comprehensive
– Uninsured Automobile
– SEF 20 (Loss of Use)
– SEF 27 (Legal Liability for Non-Owned Vehicles)
– SEF 44 (Family Protection)
– SEF 39 (Accident Forgiveness)
– SEF 43R (Limited Waiver of Depreciation)
$1,217
Coverage Total:$2,335

Quote data from MyChoice.ca, November 2025

Mandatory Coverages:

These coverages are required by Alberta law and will always appear in your quote.

Coverage TypeCoverage DetailsAverage Annual
Car Insurance Premium
Third-Party LiabilityProtects you if you injure someone or
damage their property while driving.
Also covers legal expenses if you’re sued.
$626
Accident BenefitsCovers medical costs, rehabilitation, and
income replacement for you and your
passengers, regardless of who caused
the accident.
$172
– Direct Compensation:
Property Damage
(DCPD)
Covers damage to your vehicle and its
contents when you’re not at fault in a
collision with another insured Alberta driver.
$320
Coverage Total:$1,118

Quote data from MyChoice.ca, November 2025

Highly Recommended Coverages:

These coverages are optional, but most Alberta drivers add them for better financial protection.

Coverage TypeCoverage DetailsAverage Annual
Car Insurance Premium
CollisionPays for repairs if your vehicle collides
with another car, object, or rolls over
— even when you’re at fault.
$468
ComprehensiveCovers non-collision damage such as
theft, fire, hail, windstorms, vandalism,
or fallen objects.
$616
Uninsured AutomobileProtects you if you’re hit by an uninsured
or hit-and-run driver. Covers injuries,
death benefits, and damage when the
at-fault driver has no valid insurance.
$18
SEF 20:
Loss of Use
Covers transportation costs (rental car,
rideshare, transit) while your vehicle is
being repaired after a covered loss.
$30
SEF 27:
Legal Liability for
Non-Owned Automobile
Extends your coverage to rental or
borrowed vehicles, protecting you
if they’re damaged while under
your care.
$35
SEF 44:
Family Protection
Protects you and your family if you’re
hit by an underinsured, uninsured, or
hit-and-run driver — up to your own
liability limits.
$21
SEF 39:
Accident Forgiveness
Prevents your rates from increasing
after your first at fault accident (as
long as you stay with the same insurer).
$30
SEF 43R:
Limited Waiver of
Depreciation
Ensures you get the original purchase
price of your new vehicle if it’s written
off within the policy-specified period.
$2
Coverage Total:$1,217

Quote data from MyChoice.ca, November 2025

Most Expensive Postal Codes in Red Deer

Auto insurance in Red Deer, Alberta averages around $2,335.

The Red Deer postal code with the most expensive insurance rates is T4P, which includes the neighbourhoods of Clearview Ridge, Johnstone Park, Johnstone Crossing, Kentwood West, Kentwood Northeast, Michener Hill, and Oriole Park West. 

Postal codeAverage Annual
Car Insurance Premium
T4P$2,344

Quote data from MyChoice.ca, November 2025

Least Expensive Postal Codes in Red Deer

The postal code with the cheapest auto insurance rates in Red Deer is T4N, where you’ll find Downtown Red Deer, Forth, Highland Green Estates, Sunnybrook, West Park, and West Park Extension. 

Postal codeAverage Annual
Car Insurance Premium
T4N$2,316

Quote data from MyChoice.ca, November 2025

How Red Deer Car Insurance Rates Compare to Nearby Cities

Red Deer sits close to Edmonton and Calgary, and insurance rates often fall between the two. Here’s how Red Deer compares to nearby communities with available pricing data:

CityAverage Annual
Car Insurance Premium
Red Deer, AB$2,335
Calgary, AB$2,640
Airdrie, AB$2,598
Edmonton, AB$2,400
St. Albert, AB$2,207
Lethbridge, AB$2,205
Medicine Hat, AB$1,830

Quote data from MyChoice.ca, November 2025

Car Insurance Cost in Red Deer by Age

When calculating premiums, insurers analyse the risks. 

This, unfortunately, does not bode well for young drivers who face some of the highest insurance rates. Young drivers are often perceived as high-risk drivers due to their inexperience and limited driving record. 

Seniors also face higher insurance rates because their declining cognitive abilities and hearing/visual impairment put them at a higher risk of being involved in a crash. They’re also far more likely to be seriously injured in a crash than other age groups. 

Below, we list the average cost of premiums across different age groups:

Age GroupAverage Annual
Car Insurance Premium
Annual Savings
with MyChoice
18–20$6,607$1,314
21–24$3,385$673
25–34$2,708$539
35–44$2,335$464
45–54$1,891$376
55–64$1,821$362
65+$1,938$386

Quote data from MyChoice.ca, November 2025

Car Insurance Cost in Red Deer by Driving History

How well you drive can affect how much you’ll have to pay for your insurance premiums. Insurers charge more to drivers with a history of traffic violations and less to drivers with clean records. Bear in mind that violations can remain on your record for up to two years and affect your premium rates for even longer. 

Take a look at how driving violations can affect insurance rates for drivers in Red Deer below:

Driving ViolationAverage Annual
Car Insurance Premium
Clean driving record$2,335
Insurance cancellation (CNP)$3,339
DUI / Licence suspension$2,778
One at-fault accident$4,296
Speeding ticket$2,919

Quote data from MyChoice.ca, November 2025

Car Insurance Cost in Red Deer by Vehicle Model

Vehicle choice has a major impact on insurance costs in Red Deer. Brands with higher repair costs, luxury features, or strong engine performance typically see higher premiums, while mainstream models tend to be more affordable to insure.

Car ModelAverage Annual
Car Insurance Premium
Honda$2,142
Toyota$2,458
Ford$2,137
Chevrolet$2,195
Mazda$2,177
Hyundai$2,355
Volkswagen$2,147
Subaru$2,026
BMW$2,717
Audi$2,902

Quote data from MyChoice.ca, November 2025

The Best Car Insurance Brokerages in Red Deer

Auto insurance in Alberta can be confusing for non-residents. The Alberta Insurance Act requires drivers to purchase a mandatory amount of coverage, where the rate is set with a grid calculator system. This grid determines the maximum amount that insurance providers are allowed to charge drivers for their mandatory coverage. 

If all of this sounds confusing to you, consider hiring an insurance broker. Brokers walk drivers through the intricacies of purchasing auto insurance and help them find the best rates possible. 

Check out our list of the best auto insurance brokers in Red Deer to get started: 

BrokerageAddressPhone number
BrokerLink4311 54 Ave Suite 120
Red Deer, AB T4N 4L9, Canada
+14033586062
Western Financial Group Inc.4320 50 Ave #101
Red Deer, AB T4N 3Z6, Canada
+14033472692
Rogers Insurance1110-5001 19 St
Red Deer, AB T4R 3R1, Canada
+14033425074
Beyond Insurance Inc5589 47 St Unit 205
Red Deer, AB T4N 1S1, Canada
+14033926118

Driving in Red Deer

Red Deer is a small city located about an hour and 30 minutes away from Calgary and Edmonton. Due to its proximity to these two big cities, Red Deer has become a commuter town for those working outside the city. 

Typically, smaller cities have more affordable insurance rates than major cities, particularly because the risk of traffic accidents and theft is lower. As such, car insurance in Red Deer is considerably cheaper than it is in Calgary or Edmonton.

Learn more about driving in Red Deer, Alberta below:

  • Major highways in Red Deer: Highway 2, Highway 11, Highway 595
  • Public transit options: Red Deer Transit (local bus), Action Bus (paratransit), BOLT (regional on-demand transit)
  • Ridesharing services: Uber, Lyft
  • Parking space providers: The City of Red Deer
  • Top tourist attractions: Bower Ponds, Canadian Falls Rodeo, Kerry Wood Nature Centre, Alberta Sports Hall of Fame, Canyon Ski Resort, Kraay Family Farm, Discovery Canyon
  • Busy intersections: Gaetz Avenue and 32 Street 
  • Airports: Red Deer Regional Airport 

Main Mode of Commuting in Red Deer

Cars, trucks, and vans are preferred by 92% Red Deer commuters, making it by far the most popular mode of commuting. Out of the 37,380 personal vehicle commuters, 34,640 of them drive themselves, with 2,735 commuters preferring to be passengers. Take a closer look at the modes of commuting in Red Deer here:

Main mode of commutingCountsRates
Total – 25% sample data40,625100.0
Car, truck or van37,38092.0%
Car, truck or van – as a driver34,64085.3%
Car, truck or van – as a passenger2,7356.7%
Public transit1,0302.5%
Walked1,3203.2%
Bicycle2650.7%
Other method6251.5%

Commuting Duration in Red Deer

Long commute times in Red Deer are relatively rare. Only around 15% of the city’s commuters spend over 30 minutes on the road. The other 85% can expect to spend less than half an hour on their commute. Check out a detailed look at Red Deer’s commute times here:

Commuting durationCountsRates
Total – 25% sample data40,625100.0
Less than 15 minutes18,46045.4%
15 to 29 minutes15,87039.1%
30 to 44 minutes3,5758.8%
45 to 59 minutes9102.2%
60 minutes and over1,8054.4%

Driving Conditions in Red Deer

Red Deer’s terrain is made up of rolling hills, which inexperienced drivers may find rather challenging. Snowstorms and extremely cold temperatures are fairly common in Red Deer as well. Winter tires are a must if you want to stay safe. 

Here is an overview of driving conditions in Red Deer, Alberta:

  • Average daily commute time: 45 minutes round trip
  • Average annual rainfall: 381 mm
  • Average annual snowfall: 686 mm 
  • Rainy days per year: 117.1 days
  • Rainiest month in Red Deer: June
  • Driest months in Red Deer: February, December
  • Snow days per year: 80.8 days
  • Snowfall months in Red Deer: January – May, September – December

Traffic in Red Deer

Red Deer is sandwiched between two big cities, Calgary and Edmonton, so a lot of commuters drive through or to Red Deer for work. Traffic can be a challenge during rush hour. 

66% of all traffic accidents in Red Deer occur at intersections. One of the most accident-prone intersections is the busy Gaetz Avenue and 32 Street intersection. 

Below are some more fast facts about traffic in Red Deer, Alberta: 

  • Population: Red Deer has a population of 100,844 people. 
  • City area: Red Deer has a total land area of 104.34 km².
  • Time spent in traffic annually: Most Red Deer residents spend 270 hours in traffic annually.
  • Busiest roads: Queen Elizabeth II Highway or Highway 2

The Most Common Questions About Car Insurance in Red Deer

How much does Red Deer car insurance cost?

Car insurance in Red Deer averages around $2,283.

Is car insurance cheaper in Red Deer than in Calgary?

Car insurance is slightly cheaper in Red Deer than in Calgary, which has an average rate of $2,582.

Why should you compare car insurance rates in Red Deer?

You should always compare auto insurance rates because rates vary across insurance providers. Each provider has their own unique way of calculating rates.

What is the grid rating system in Red Deer all about?

Alberta’s grid rating system is a program that defines the maximum premium allowed for basic coverage for all kinds of driving records. The grid only applies to basic coverage premiums.

How can you get cheaper car insurance in Red Deer?

Compare car insurance rates in Red Deer 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, How Car Insurance Works, Alberta, Red Deer, Car Insurance Quotes Collected, 2025.

2. Mychoice.ca Internal Data, Most Expensive Postal Codes, Alberta, Red Deer, Car Insurance Quotes Collected, 2025.

3. Mychoice.ca Internal Data, Least Expensive Postal Codes, Alberta, Red Deer, Car Insurance Quotes Collected, 2025.

4. Mychoice.ca Internal Data, Car Insurance Rates in Nearby Cities, Alberta, Red Deer, Car Insurance Quotes Collected, 2025.

5. Mychoice.ca Internal Data, Rate Cost By Age, Alberta, Red Deer, Car Insurance Quotes Collected, 2025.

6. Mychoice.ca Internal Data, Rate Cost By Driving History, Alberta, Red Deer, Car Insurance Quotes Collected, 2025.

7. Mychoice.ca Internal Data, Rate Cost By Vehicle Model, Alberta, Red Deer, Car Insurance Quotes Collected, 2025.

8. City of Red Deer Website, Driving & Transit Information. Data Collected in 2025.

9. Statistics Canada, 2021, Census of Population, Alberta, Red Deer, Main Mode of Commuting. Data Collected in 2025.

10. Statistics Canada, 2021, Census of Population, Alberta, Red Deer, Commuting Duration. Data Collected in 2025.

11. Weather Network Canada, Historical Averages, Alberta, Red Deer. Data Collected in 2025.

12. Transportation Alberta Mapping, Alberta, Red Deer. Data Collected in 2025.

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