Car Insurance for Students in Canada: What You Should Know
Introduction
For students studying in Canada—whether domestic or international—car insurance can be one of the biggest expenses. This article is a complete guide on how students can get affordable car insurance in Canada, the documents required, and how to legally drive while managing costs.
Do Students Need Car Insurance in Canada?
Yes. If you plan to drive, either with your own car or a shared vehicle, you must be insured. Driving without insurance is illegal and can lead to fines, license suspension, and legal consequences.
Student Insurance Options
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Own Policy
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Students can purchase their own policy if they own a vehicle.
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Add to Parent’s Policy
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Best for younger students living at home or using a parent’s car.
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Named Driver on Someone Else’s Policy
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Cheaper than owning a policy but depends on the insurer’s terms.
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Best Provinces for Student Drivers (Lowest Premiums)
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Quebec
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Prince Edward Island
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New Brunswick
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Nova Scotia
Average Costs for Students
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Ontario: $3,000–$5,000/year
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Alberta: $2,200–$4,000/year
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BC: $2,500–$4,500/year
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Quebec: $1,000–$2,500/year
Tip: First-time student drivers without Canadian driving history pay the most.
Documents Required for Student Car Insurance
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Valid driver’s license (G2 or full)
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Proof of enrollment in school/university
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Vehicle registration and ownership
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Driving record or abstract (if applicable)
How to Lower Student Car Insurance
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Join your parents’ policy
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Choose a used, safe vehicle (lower repair and theft risk)
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Maintain a clean driving record
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Take an accredited driving course
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Ask for “student discount” or “good grade” discount
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Install winter tires in applicable provinces
Top Insurers Offering Student Discounts
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TD Insurance
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Belairdirect
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Sonnet
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Desjardins
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CAA
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Allstate
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Economical Insurance
Car Ownership vs. Sharing for Students
| Option | Pros | Cons |
|---|---|---|
| Owning your car | Flexibility, independence | High insurance, maintenance costs |
| Using parents' car | Lower insurance | Limited use |
| Car sharing (Zipcar, Turo) | Cheap short-term solution | Not for daily drivers |
International Students: Special Notes
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Some insurers accept foreign driving experience
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Must provide translated driving history
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May face higher rates due to lack of Canadian record
Conclusion
Students in Canada have multiple ways to get insured, but it's essential to compare rates, understand coverage, and take advantage of discounts. With smart decisions, student drivers can stay safe and save money.
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