Compare car insurance in New Brunswick

The average cost of car insurance in New Brunswick, according to IBC.ca, is $867 per year - or about $75 per month. If you're paying more than that, consider shopping around and comparing New Brunswick car insurance quotes to see if you can find a better rate. 

Also keep in mind that auto insurance in major urban areas like Fredericton, Moncton, and Saint John will be more expensive than a smaller towns or rural areas with less congestion and lower chances of theft. 

Getting cheap New Brunswick auto insurance starts with a long, clean driving history, a safe car that isn't a target for thieves, and reducing the kilometres you drive. There are some factors in your control such as comparing quotes. Others, like moving to another city, are a little more difficult to achieve. 

Yes, everyone who drives a car is required to buy auto insurance in New Brunswick. There are mandated minimums but most people up their minimums for more coverage.

Much of the credit for cheap car insurance in New Brunswick goes to the provincial government. In the early 2000’s car insurance premiums were on a dramatic rise causing some drivers to cancel their insurance altogether. The province put reforms in place offering more choice to consumers. Now, drivers can pick from 65 different car insurance companies and a big variety of options therein. Due to the high level of competition, the more the people of New Brunswick get auto insurance quotes the cheaper their car insurance rates.

No, you don’t need winter tires on your vehicle, but it can save you up to 5% on insurance. Winter tires are also a great safety measure - they’re softer proving a stronger grip on ice and snow.

No, but it can save you money on car insurance. It’s also great for peace of mind in case of a battery failure, tire puncture, or you need a tow.

Call your private insurance company. You can use the internet to find their number or their contact details are often on the insurance slip people usually keep in the glove box. Make sure you’re ready when you call and have as many details available as you can - driver’s license numbers, the make of the cars and the license plates. If someone is injured or hurt, or a car cannot be moved, it’s best to call the local police.

New Brunswick operates on a rating program which considers minor and major convictions in the past three years and any criminal code violations will stay active within the past 3-4 years

As of February 1, 2023, New Brunswick insured drivers were now able to use electronic vehicle insurance cards as proof of insurance. These digital pink slips can be downloaded on to your personal mobile device. Digital pink slips will not be required, as physical paper pink slips will still be available and accepted as proof of insurance. Going digital is just to give drivers more options and access to their insurance documents to make it easier to keep it on you at all times.

It is recommended you keep a physical copy of insurance still in your car at all times as a back up in case of electronic issues. Another best practice is to download the digital document and store it on your device, so you don't have to worry about cellular service issues.

You can learn more about the pros and cons of digital pink slips in New Brunswick here from CBC's recent article.

According to a recent report from CBC News, the New Brunswick Insurance Board continues to make more approvals, allowing insurance companies to use a driver's credit score when calculating auto insurance rates. This is despite the fact that the province's drivers have higher incidents of poor credit compared to any other area within Canada.

In the summer of 2022, the board approved requests from two more insurers after a few other companies, including Wawanesa – the province's largest auto insurer – was approved to do so in the previous year. Wawanesa was the first company to raise the idea, citing that bad credit can correlate with risky personal behaviour, leading to a higher likelihood of road accidents.

While credit score is commonly used as a rating factor for home insurance in Canada, the same can't be said for auto insurance. As for the future, New Brunswick drivers may see more insurers adopt the use of credit scores when calculating rates – so improving your credit may be one way to improve your premium.