Why First-Timers Pay More
Lack of driving history, higher statistical risk, no established insurance record. But you can mitigate.
Coverage You Need
- Liability (required): get coverage well above the legal minimums — at least $100K/$300K/$100K
- Collision: covers your car in an accident. Required if financed.
- Comprehensive: theft, vandalism, weather, animal strikes. Also required by lenders.
- Uninsured/Underinsured: covers you if someone without adequate insurance hits you.
Coverage You Can Skip
- Rental reimbursement: self-insure with emergency savings
- Roadside assistance: if your car is under warranty or you have a separate roadside plan
- Gap insurance (if 20%+ down): unlikely to be underwater
How to Save
Shop around every renewal. Loyalty isn't rewarded. Ask about: good student, defensive driving course, multi-policy (bundle with renters/home), low annual mileage (<12,000 km/year). Consider usage-based insurance if you're a safe driver.