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Car Insurance Companies in Vancouver

vancouver car insurance

There are many companies throughout Metro Vancouver to choose to buy your ICBC car insurance plan from. Many of them also bundle home, life insurance and travel insurance.

Top 3 car insurance companies in Vancouver:

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Waypoint Insurance

Home, auto, and business insurance across the Lower Mainland and Vancouver Island.

InsureBC

Personal, auto, life, and business insurance provider.

Poco Insurance

Insurance company that's been in Port Coquitlam for 26 years – business, home and auto insurance.

Westland Insurance

Insurance company with 500 employees and over 130 locations across Western Canada.

3

Wong’s Insurance

Auto, homeowner and travel insurance company with Main Street (Vancouver) and Aberdeen Centre (Richmond) locations. Open 7 days per week.

Intact Insurance

The largest casualty insurance company in Canada with $28 billion in assets. Offers vehicle, home and business insurance.

Aviva

Global home, auto, and business insurance company.

B&W Insurance

Personal and business insurance provider in Langley.

About Car Insurance in Vancouver

ICBC is a crown corporation and the mandatory insurer for any driver in British Columbia. The basic car insurance plan is called Autoplan. There are over 900 Autoplan brokers in BC.

There are three Autoplan terms:

  • Annual – 1 year plan (most popular)
  • Medium term – 3 to 11 month plan
  • Short term – 1 to 15 day plan

The annual is commonly split into a month-to-month payment. You can learn more about the Autoplan and payments on the ICBC website.

Cost of car insurance in Vancouver

Costs will vary on your driving history, use and location of your vehicle, and the amount of coverage you select.

Despite it being a government owned company, people in BC still pay some of the highest premiums in the country. The average annual rate is around $1,700 which is the second highest amount, only second to Ontario.