Yes, all Ontario drivers including drivers in Thunder Bay are required by the Financial Services Commission of Ontario (FSCO) to have a minimum of $200,000 worth of Third Party Liability Coverage, Statutory Accident Benefits Coverage, Uninsured Automobile Coverage, and Direct Compensation & Property Damage Coverage.

There are three types of auto insurance coverage in Canada. 

• Collision car insurance: coverage for when you and another car or stationary object collide to cover the cost of the repair. 
• Comprehensive car insurance: provides coverage for hitting an animal, fire, theft, vandalism, flood.
• Liability car insurance: is required, by law, for all drivers. This insurance protects others from damages caused while you are driving, including property damage, bodily injury, and death.

Car insurance policies are offered by personal lines insurance providers across Canada. Contact an insurance broker so they can provide you with an online car insurance quote from leading insurance providers so you can compare prices and the best insurance coverage options!

Car insurance in Thunder Bay is an agreement between customers and insurance providers that commits to protecting against financial losses in the case of a car accident or automobile theft.

The average cost of car insurance in Thunder Bay is approximately $1,900 per year for 2021, an increase of over $700 from the 2020 average. 

Drivers should shop around online to get the best car insurance rate possible in Thunder Bay. Getting a free car insurance quote at an online insurance brokerage like Surex will allow you to speak to the best insurance broker to see which discounts you qualify for.

Various factors affect how affordable car insurance rates are in Thunder Bay, including the amount you drive, your driving history, the state of the vehicle, your coverage, as well as your deductibles.

Drivers must provide a few documents to get insurance online in Thunder Bay. These include a valid driver’s license, proof of driver’s education training (if completed), vehicle registration, driving history (obtained through Service Ontario), license plate number, current car insurance policy, which drivers will use the vehicle, and payment information. 

Your online auto insurance company will send a renewal notice in the mail or online when you policy comes close to expiration. Policies will have 30 days before they expire, at which point customers can decide to renew or switch up their policies.

The most affordable auto insurance company will depend on every customer’s unique situation. All of the top rated car insurance companies in Ontario have their own formula, meaning some criteria like driving record or age may weigh more than others. It’s a good idea to compare insurance companies with Surex so that licensed insurance advisors can shop the market for you.

You can contact your assigned Surex insurance broker/advisor or contact the top rated Ontario automobile insurance companies. Make sure you have your insurance policy # and details of the claim prepare when you call.