Car insurance in the Yukon is determined by a variety of factors. Three prominent ones are:

• Insurance data - The geographic area in the YT you live in can impact your auto insurance rates. For example, if you live in an area where there are minimal car insurance claims, then your auto insurance rates will be lower -- all things equal -- compared to if you resided in a place with frequent auto insurance claims.
• Your personal driving history - The car insurer you choose for your auto insurance policy will verify your driving record. They need to know the amount of at-fault accidents you’ve had, as well as driving convictions. For both, the less you have, the better your rates can potentially be.
• The type of auto insurance coverage you’re looking for - In the YT, there are three degrees of auto insurance coverage for you to choose from:
• Third-Party Liability: As per the Yukon law, this is the minimum car insurance coverage required.
  • Liability, Collision & Comprehensive: This is the maximum car insurance coverage available in the YT. Many refer to this as full coverage.
  • Liability, Collision OR Comprehensive: If auto insurance was sized like parkas, this would be the medium. If you want more than the minimum but feel the maximum auto insurance coverage is too much for your needs, you can choose to add one of collision or comprehensive to your liability coverage.

It is important to note that If you are leasing or financing a vehicle, there’s a very high chance full coverage — liability, collision & comprehensive coverage — will be required on your vehicle, as per your leasing/financing agreement.

Aside from teaming up with the best insurance broker, the easiest way to get affordable car insurance in the Yukon is by being eligible for car insurance discounts. The top car insurance companies in Canada will offer discounts to people that they deem their ideal client. The largest discounts people can get relate to paying your bills always on time and being a good driver. Simply put, if you always pay your bills and you have a great driving record, auto insurers want you!

• Good credit discount - This is, usually, the largest discount car insurers will offer. Whether you’re a good driver or a bad driver, as long as you always pay what is owed, auto insurers will want your business. When completing an online car insurance quote on our website, you’ll be asked if we can do a soft hit of your credit score. This soft hit will not impact your credit rating. If the soft hit shows a credit score of 650+, you can be eligible for a car insurance discount of up to 20% off your annual auto insurance premium amount.
• Claims-free discount - If you’re looking for a way to lower your car insurance premiums, be a good driver! Insurance companies will vary for how long their count an at-fault accident against you. If you’ve gone 6+ years, some insurers will offer a claims-free discount to you, which can save you up to 10% off your annual car insurance amount.
• Conviction-free discount - If you’ve gone 3+ consecutive years with a traffic conviction (parking tickets & photo radar tickets don’t count), then you can be eligible for a convictions-free discount, which can lower your annual car insurance premium amount by up to 10%. Be sure to mention this to your insurance broker when you get an auto insurance quote.

The best way to lower your car insurance rates in the Yukon as a new driver is to take, and pass, a certified driver’s training course.

New drivers have yet to build up a history of their driving, which is why rates tend to be a little higher for them -- because it’s unknown whether they’re going to be a safe driver or not. Statistics show new drivers, as a whole, tend to be more involved in accidents compared to more experienced drivers.

This is where passing a certified driver’s training course can really help a new driver, be it a teenage driver or someone new to Canada without proof of their driving history. Passing a certified driver’s training course increases your driver star rating by 2. Essentially, this is like adding two years of clean driving onto your driving record. Adding these “two years’’ of clean driving onto your record can lower your annual car insurance premium amount by up to 15%.

If you’re a new driver looking for an automobile insurance quote for the best insurance coverage, this is the best route to do so.