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Types of coverage we provide
Provides coverage to repair/replace your car if it's damaged in an at-fault accident, hit and run, or with an uninsured driver.
Typically covers fire, hail, theft, collision with an animal, vandalism, and falling objects, among others. (subject to a deductible).
Protects you or a family member if injured or killed in an accident caused by an uninsured/under-insured motorist.
Allows one 'free' at-fault accident, meaning your rates will not increase on your first accident if you remain with the same provider.
Windows are included in comprehensive*, however, you have the option to remove this coverage to lower your premium. (*Not included in Alberta.)
You can extend your car insurance coverage to protect you while driving a rental vehicle, up to a certain limit.
In the event of a "total loss", this coverage will protect you from depreciation. You’ll be entitled to the original price you paid/current sale price.
This allows for the protection of your “claims-free discount” in the event of your first claim.
Recent auto quotes for Prince Edward Island
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Our Reviews
I highly recommend Anchal as an insurance broker. She is extremely professional, knowledgeable, and reliable. What truly sets her apart is that she is always available and genuinely cares about the people she works with.
She takes the time to understand individual needs, explains everything clearly, and makes sure you feel confident in your decisions. With Anchal, you never feel like just another client — you feel supported and well advised.
It is rare to find someone so dedicated, responsive, and truly committed to helping others.
Patti my insurance broker is always fast to respond and very easy to deal with. I have trust in Patti due to her excellent customer service over the years.
Veronique Abbott Is the Insurance Advisor that helped me with my motorcycle insurance. I was very impressed by the timeliness and ease of setting up the insurance with her. I then realized I needed to change the effective date and she did this after hours before a holiday weekend. Outstanding service that I greatly appreciated. Thank you
PEI Auto Insurance Rates Vs. the Rest
Prince Edward Island is in the top of most affordable provinces to purchase a home in. However, insurance can vary depending on your property type. Also being on the east coast there can be a lot of active weather. Make sure you have the right coverage at the right price. Start a free quote with us today and find out!
Province |
Average Rates |
|---|---|
Prince Edward Island |
$1,494 |
Ontario |
$2,816 |
Alberta |
$2,316 |
Newfoundland & Labrador |
$2,756 |
Northwest Territories |
$1,867 |
Nunavut |
$1,468 |
Nova Scotia |
$2,003 |
New Brunswick |
$1,720 |
Yukon |
$1,728 |
Car Insurance in Prince Edward Island
Car insurance in Prince Edward Island is based on many factors such as demographics, driving history, and car model and each online auto insurance company rates these things differently. A Surex Advisor can help by automatically comparing quotes to find you the best coverage and rate for your situation. As of 2020, the average annual price for car insurance in PEI is $816. Of course, it is always recommended that you plan to pay more in case the rate you get is above average.
The cheapest auto insurance company in PEI will vary, but your auto insurance quote is based on a few factors, including:
- Your personal driving history
- The amount of coverage you require
- Car insurers history of insuring a vehicle in your area (the amount of car insurance claims near you)
The best insurance broker can help by automatically comparing quotes from the different carriers we work with: RSA, Intact, Economical, Travelers, Wawanesa, and Aviva to find you the best automobile insurance quote and rate for your situation.
Auto insurance is regulated by the Island Regulatory and Appeals Commission. Auto insurance is the only type if of insurance regulated in PEI. The Office of the Superintendent of Insurance regulates the business of insurance granting licenses to insurers, agents, and adjusters operating in the province.
Prince Edward Island car insurance uses a no-fault system. This means that you only ever deal with your own insurance company for any claims regardless of who was at fault for the accident. Under the no-fault model, anyone injured in traffic accidents is entitled to full medical and rehabilitation treatment, income replacement, and other benefits depending on the severity of their injuries. But, if you are a victim of an accident caused by a careless or bad driver, you do not collect damages from them.
Pros: quick claim payouts and a reduced number of lawsuits for minor injuries.
Cons: raises car insurance premiums and is difficult for drivers to get compensation for pain and suffering.
The three types of auto insurance available are:
- Third-Party Liability: this is the legal minimum of car insurance coverage needed in NB. Third-party liability insurance aims to protect you if you are involved in an accident, and may have to make a payment to another party.
- Liability, Collision & Comprehensive: Also known as full coverage, this is the maximum auto insurance coverage available.
- Liability & Collision OR Comprehensive: If you own your vehicle outright and are looking for more than the minimum auto or car insurance coverage, but not quite the maximum amount, this is where you’ll find what you need.
If you’re leasing or financing a vehicle, there’s a 99% chance that liability, collision & comprehensive coverage -- full coverage -- is required on the vehicle, as part of your leasing/financing agreement.
Mandatory PEI auto insurance coverage includes:
- Third-party liability
- Accident benefits
- Uninsured automobile insurance
- Direct Compensation Property Damage (DCPD)
Similar to home insurance, if you feel you need more coverage, you can easily ask your insurance advisor for additional optional coverages.
Optional PEI car insurance coverage includes (full descriptions below)
- Collision insurance
- Comprehensive car insurance
- Specified perils
- All perils
As Prince Edward Island’s online car insurance marketplace, Surex has partnered with the top car insurance companies in the province to get you cheap auto insurance in PEI. Our auto insurance partners include RSA, Intact, Economical, Travelers, Wawanesa, and Aviva.
The easiest way to get low cost auto insurance rates in Prince Edward Island is by being a driver who is eligible for car insurance discounts. Having partnered with the top car insurance carriers in PEI, Surex is able to offer an array of discounts to people looking to lower their annual car insurance premiums. Auto insurance discounts include:
- Good credit discount - Auto insurers want clients that always pay their bills. Having a credit score above 650 (we will verify this by doing a soft hit of your credit score, with your permission) can save you up to 20% off your annual car insurance premium amount.
- Claims-free discount - If you’ve gone at least 6 years without an at-fault accident, this extended run of safe driving highlights to car insurers that the odds of you being at fault in an accident is lower than normal. Because of this, some auto insurers will offer a claims-free discount to you, which can save you up to 10% off your annual auto insurance premium amount.
- Conviction-free discount - Another way to demonstrate that you’re less of a risk to auto insurers is by going at least 3 years without a driving ticket (photo radar & parking tickets don’t count). Similar to a claims-free discount, a tickets-free discount can save you up to 10% off your annual automobile insurance amount.
Depending on your past history of paying your auto insurance bills on time, car insurers can give you the option to choose whether you pay for your annual premiums annually or monthly.
If you pay your car insurance amount in full, upfront, this will save you 2-5% off your annual auto insurance premium amount, compared to paying monthly, if that option is available to you.
Yes. In the vast majority of cases, car insurers will give you -- their valued client -- the option to pay by credit card or direct deposit. There may be different benefits associated with different payment methods, so make sure you understand all the benefits your PEI insurance provider offers.
As Prince Edward Island’s online car insurance marketplace, Surex has partnered with the top car insurance companies in the province to get you cheap auto insurance in PEI. We can help you get an online car insurance quote from our auto insurance partners, including:
- RSA
- Intact
- Economical
- Travelers
- Wawanesa
- Aviva
Surex helps you get insurance online by comparing quotes from several insurance providers to help you find a rate and an auto insurance coverage plan that fits you. We shop around for you to find the best package for you. You could save a significant amount by comparing quotes from several car insurance companies, and Surex does that. Surex also leverages our partnerships with our insurance providers to get you deals for auto insurance in PEI that may not be available anywhere else. We compare insurance companies and quotes for you. We do our best to help you understand them, to help you get the plan that works best for you.
If you cannot get car insurance because you are considered a high-risk driver, then you can use the Facility Association. This is an organization that works with insurance companies to guarantee the best insurance coverage for those in need.
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The Best Road-trip destinations in Prince Edward Island
Hit the road with confidence knowing you’re covered with the right car insurance for your needs at
the lowest possible rate. Here are some of the top spots in Prince Edward Island to explore on your next road trip.
Best Coastal Drives in Prince Edward Island
- Northe Cape Coastal Drive
- Central Coastal Drive
- Points East Coastal Drive
Best Road Trips in Prince Edward Island
- Summerside to Cap-Egmont
- Skinners Pond to Judes Point
- Mill River to West Point
Best Scenic Heritage Roads in PEI
- Walls Road
- Hackeney Road
- Millman Road
Surex insurance tips & advice
Canada plans to strengthen vehicle anti-theft standards to combat rising auto theft, improve security, and potentially help stabilize or lower insurance rates.
Ontario’s G1 licence is the first step in graduated licensing, with strict driving rules. Understanding these limits helps avoid penalties and keep insurance costs lower.
Distracted driving remains a major issue in Canada, costing $10 billion annually and causing many teen accidents, with cell phones and other activities contributing significantly.
