Compare the Best Car Insurance in Montreal: Affordable Rates & Instant Quotes

Montreal operates on a hybrid car insurance system, blending public and private coverage. The Société de l’Assurance Automobile du Québec (SAAQ) handles the public portion, covering personal injury claims under a no-fault system, meaning car accident and victims receive compensation regardless of who caused the collision.
For property damage, drivers must purchase private insurance, which includes third-party liability and protection against uninsured motorists. Understanding this two-tiered structure is key to making informed car insurance decisions. Here’s more informations:

The SAAQ provides automatic coverage for bodily injury or death resulting from a vehicle accident, no matter who’s at fault. This system ensures quick compensation without lengthy legal battles, offering financial security for all drivers.

Private insurers handle property damage coverage, including third-party liability, uninsured motorist protection, and direct compensation for people’s property and damage. These coverages protect your vehicle and finances in case of an accident.

Drivers in Montreal can customize their coverage with Quebec Endorsement Forms (QEF). Options like QEF 5c, which extends coverage for leased vehicles up to 30 days, and QEF 16, which allows you to suspend coverage while your car is in storage, provide added flexibility.

To lower your car insurance costs, these tactics can help you save money while keeping your coverage intact:

Combine home and auto insurance under the same provider to unlock multi-policy discounts. Some insurers also extend savings when bundling with tenant or life insurance, making it a cost-effective option.

Enroll in usage-based insurance (UBI) programs that track driving habits like speed, braking, and mileage. Safe drivers can earn significant discounts, and some insurers offer an initial discount just for signing up.

A history free of accidents, speeding tickets, and traffic violations qualifies you for lower rates. Many insurers provide claims-free discounts, and avoiding infractions over time can help reduce your premiums.

Quebec law mandates winter tires from December 1 to March 15, and many insurers offer additional discounts for compliance. Winter tires improve road safety, reducing the likelihood of accidents and claims.

Adding more cars or drivers to the same policy can lead to group discounts. Households with multiple drivers, such as families, often benefit from reduced premiums when bundling coverage under one plan.

Drivers in Montreal are required to have both public and private insurance. Having affordable insurance with adequate coverage ensures financial security, access to essential medical care, and compliance with Quebec’s auto insurance laws.

Covers damages or injuries caused to others in an accident where you are at fault. The legal minimum is $50,000, but this may not be enough in serious collisions. Opting for higher limits, such as $1 million or $2 million, provides better financial protection against lawsuits, medical expenses, and property damage claims.

Covers medical expenses, rehabilitation costs, and lost income after an accident, regardless of fault. This ensures you receive necessary treatment and financial support if you are unable to work. Additional coverage options may include home care assistance, physiotherapy, and compensation for dependents in case of severe injury or death.

Protects you if you are involved in an accident with an uninsured driver or in a hit-and-run. This coverage helps pay for medical expenses and, in some cases, vehicle repairs. Without this protection, you could be left covering costs out of pocket if the at-fault driver has no insurance.

Quebec’s unique hybrid insurance system combines public coverage for bodily injuries with private coverage for property damage. The Société de l’Assurance Automobile du Québec (SAAQ) administers the public portion, covering medical expenses, rehabilitation, and income replacement for accident victims, regardless of fault. Private insurers handle vehicle damage, liability, and optional coverage, allowing drivers to customize their policies. This system helps keep premiums lower than in other provinces while ensuring comprehensive protection.

False. Insurance companies do not factor in car color when calculating premiums. Rates are based on the make, model, year, safety features, repair costs, and theft risk of a vehicle. A red sports car may cost more to insure, but that’s due to its performance and risk profile, not its color.

False. Collision coverage only applies to damage caused by accidents, whether with another vehicle or a stationary object. It does not cover theft, vandalism, fire, flooding, or natural disasters. To protect against these risks, you need comprehensive coverage, which provides broader protection.

False. Most insurers offer a grace period before canceling a policy, often sending reminders and warnings. However, repeated missed payments or non-payment can lead to policy cancellation, difficulty obtaining coverage in the future, and potential penalties. Keeping payments up to date ensures continuous protection and helps maintain a good standing with insurers.