BMO Car Insurance Canada: 2025 Review

Many search for car insurance options through BMO, expecting to find an auto policy that fits their needs. However, BMO does not currently offer car insurance. While the company may provide other types of coverage, drivers will need to look elsewhere for auto protection.

To find the right car insurance for your situation, we recommend using our free comparison tool, which lets you explore top-rated policies available in your province.

Why trust Hellosafe?

Every year at HelloSafe, our experts analyze the general terms, conditions, and rates of insurance contracts available in Canada to provide you with a reliable and impartial analysis. Over a million users now trust us every month to help them with their most important financial decisions.

About BMO

BMO is a major Canadian provider of insurance and financial services, offering products such as life, health, travel, and creditor insurance. As part of the Bank of Montreal group, BMO is recognized for supporting individuals, families, and businesses with a wide range of protection and investment solutions. The company has established trust within the Canadian market and delivers its services through a blend of digital platforms and personalized advice, while not offering car insurance.

Does BMO offer car insurance in Canada?

No, BMO does not currently offer car insurance plans. The company provides other types of insurance, such as life, home, and travel coverage, but does not cover vehicles.

If you are seeking car insurance in Canada, we recommend using our car insurance comparator—a free and reliable way to compare top policy options and find the protection that best suits your needs.

How to get the best car insurance?

Finding reliable car insurance means weighing your options for protection, price, and customer service. Here are a few expert tips to guide your choice:

• ✅ Start by comparing offers online with our car insurance comparison tool for a fast, easy overview of the market.
• ✅ Carefully review what types of coverage are included, like liability, collision, and comprehensive protection.
• ✅ Select a deductible that fits your budget and risk tolerance.
• ✅ Research customer satisfaction and claims handling for each insurer.
• ✅ Consider bundling insurance types if it results in savings without compromising coverage.
• ✅ Revisit your policy each year, as your needs and prices may change over time.

Daniel Clarke

Personal finance expert

Daniel is a Canadian personal finance expert passionate about making financial literacy more accessible to everyone. He holds a degree in Economics from the University of British Columbia and a Master’s in Financial Planning from York University. Before joining HelloSafe, he worked as a financial coach and content editor for a number of fintech platforms across Canada. At HelloSafe, Daniel writes clear and practical guides on insurance, credit, savings, and budgeting—always with the goal of helping readers make confident and informed money decisions.