Car Insurance Halifax: Free Quotes for 2024

Looking for car insurance in Halifax? We've got you covered.

In our comprehensive guide, you'll discover everything you need to know about Halifax car insurance: mandatory coverage, optional extras, cost, and more.

Use our free tool to compare car insurance quotes from Canada's top providers and find the best and cheapest car insurance plan that suits your needs and budget right here.

Car insurance Halifax: How does it work?

A single company does not offer car insurance in Halifax. Many national and regional insurance companies like TD Insurance, Intact and Sonnet directly offer car insurance policies.

You can also get in touch with a broker. Brokers work with multiple insurance companies to find you the best rate and coverage based on your needs.

Then we have the Nova Scotia Utility and Review Board (NSUARB) that regulates car insurance in the province.

• NSUARB oversees and approves car insurance rate changes proposed by insurance companies. This helps ensure fair pricing for consumers.
• Also, if you have a dispute with your car insurance provider, you can file a complaint with the NSUARB. It will investigate the issue and work towards a fair resolution.

The best way to get the perfect car insurance plan is by comparing multiple options. You can use our free tool below to compare car insurance quotes from the best companies right here and get results instantly.

Compare Canada's best car insurance plans

Start saving today

Car insurance Halifax: Mandatory coverage

Car insurance in Nova Scotia requires a specific set of mandatory coverages for drivers in Halifax. Here's what you need:

1. Third-party liability coverage: This covers injuries and property damage caused to others if you're at fault in an accident. The minimum required limit is $500,000. With rising costs, many opt for higher coverage limits, reaching up to $2 million.
2. Accident benefits coverage: Helps you and your passengers with medical expenses, income replacement and funeral benefits in case of an accident, regardless of who's at fault.
3. Uninsured/underinsured motorist coverage: This protects you if you're hit by a driver with no insurance or not enough insurance to cover your damages.
4. Direct compensation property damage (DCPD): DCPD allows you to claim repairs for damage to your vehicle, and its contents and even covers loss of use due to an accident, regardless of who is at fault. Think of it as no-fault coverage for your car.

By law, you must have these four coverages in place to legally drive your car on the roads of Halifax, Nova Scotia.

Car insurance Halifax: What is optional coverage?

Mandatory car insurance in Halifax provides a strong foundation for financial protection on the road, but it doesn't cover everything. Optional coverages allow you to customize your insurance policy to fit your specific needs and vehicle.

Here's a breakdown of some popular optional car insurance Halifax coverage options:

• Collision coverage: Protects your car from financial loss if it's damaged in a collision with another vehicle, a stationary object or even flips over.
• Comprehensive coverage: Covers your car for losses beyond collisions, such as theft, vandalism, fire, weather events (hail, falling objects) and damage caused by animals (collisions with deer, etc.).
• Loss of use coverage: Reimburses you for the cost of renting a car or using public transportation while your car is being repaired after a covered incident.

Additional optional coverages

• Accident forgiveness: Protects your good driving record by preventing your premium from rising after your first at-fault accident (coverage and eligibility may vary).
• Waiver of depreciation: Ensures you receive the full value of your car (up to the policy limit) in case of a total loss, regardless of depreciation (may have limitations).
• Roadside assistance: Provides 24/7 help with towing, flat tires, battery jumps and lockouts, offering peace of mind in case of breakdowns.

How much is car insurance in Halifax?

The exact cost of car insurance in Halifax can vary significantly depending on several factors. That said, drivers with a clean record can expect to pay around $1,629 for their car insurance Halifax premiums, while those with blemishes on their record can pay up to $3,590.

Here are some key factors that influence your car insurance premium in Halifax:

1. Your driving record: A clean driving history with no accidents or tickets typically leads to lower rates.
2. Your age: Young drivers generally face higher premiums due to statistically higher accident risks.
3. Your car: The make, model, year and performance of your car affect the insurance cost.
4. Your location: Where you park your car at night (street parking vs. garage) and postal code can also impact the premium.
5. Your annual mileage: How much you drive per year can influence the cost.
6. Your coverage selection: The type and amount of coverage you choose (mandatory vs. optional) will affect the overall price.

Since the cost is highly personalized, the best way to determine your specific rate is to get quotes from multiple insurance companies in Halifax, using our comparator.

Compare Canada's best car insurance plans

Start saving today

Can I get any auto endorsements in Halifax?

In Halifax, car insurance endorsements, also known as Standard Endorsement Forms (SEFs), are optional add-ons to your base policy that provide additional coverage beyond the mandatory and common optional coverages.

Here are some commonly chosen endorsements in Halifax:

SEF Number	Description	Coverage
SEF 20	Rental Vehicle Coverage	Covers the cost of renting a car while yours is being repaired or replaced after a covered incident.
SEF 27	Non-Owned Vehicle Coverage	Extends your insurance coverage to any rental car you use or a car you borrow occasionally.
SEF 39	Accident Forgiveness	Offers some forgiveness for your first at-fault accident. Prevents your premium from increasing as a penalty, helping you maintain a good driving record.
SEF 43	Waiver of Depreciation	If your car is a total loss due to a covered incident, this endorsement ensures you receive the vehicle's full insured value (up to the policy limit) without factoring in depreciation.
SEF 44	Increased Third-Party Liability	Increases the coverage limit for third-party liability beyond the mandatory minimum ($500,000).

How to get the cheapest car insurance in Halifax?

Okay, let’s get this straight: the lower the coverage, the lower the cost. There’s no secret. Take a look at this example to get a better idea:

Includes	Third-party liability ($1,000,000 limit)	Collision Coverage ($1,500 deductible)	Comprehensive Coverage ($1,500 deductible)	All Perils ($1,500 deductible)
$61.17/month $734/year		No	No	No
$67.67/month $812/year	Yes	Yes	No	No
$82.42/month $989/year	Yes	No	Yes	No
$88.92/month $1,067/year	Yes	Yes	Yes	Yes

Here are the best ways to find the cheapest car insurance plan:

• Shop around and compare quotes using our HelloSafe tool
• Consider raising your deductible
• Choose the right amount of coverage
• Maintain a good driving record
• Ask about discounts like winter tires, bundling, and EV discounts if you have an electric car

Who offers the best car insurance in Halifax?

Car insurance rates and coverage are highly individual. Factors like driving record, age, car type and coverage needs all influence the cost. The best company for one person might not be the best option for you.

Here are some well-reputed companies that you can consider. Click on them for detailed guides

1. Intact Insurance
2. TD car insurance Halifax
3. Pafco
4. Sonnet
5. Co-operators

While choosing, consider factors like customer service reputation, coverage options and ease of claims processing when making your decision. Use our comparator to compare your options and get personalized car insurance Halifax quotes.

Compare Canada's best car insurance plans

Start saving today