The cost of auto insurance in Quebec is 10 years lower

The average premium paid for the Quebec automobile insurance has reached its lowest level in 10 years.

The data from the Association of Motor Insurers (GAA) reveal that in 2012 the average premium paid by motorists quebecois has established a $ 532 to cover the cost of material damage.

Ten years earlier, in 2002, the average was $ 562. She had reached $ 589 in 2005.

Statistics collected show that theft of vehicles is also declining. The number of stolen vehicles have been the subject of a claim was established in 7484 in 2012, compared to 18,163 in 2002.

The Association of Motor Insurers significant variations between regions, particularly with regard to the frequency of accidents.

Montreal, Quebec and Chaudiere-Appalaches displayed the highest, 14 and 15 per cent frequencies. However, Lanaudière, Mauricie, Centre-du-Quebec and Saguenay - Lac-Saint-Jean have the lowest average was 8 percent, almost twice less.

These disparities may be why the higher premiums are found in Montreal at $ 710 per year, while for the Bas-Saint-Laurent and Chaudière-Appalaches region (excluding the suburbs of Quebec) found an average premium of $ 412.

The driving experience and driver behavior also influence premiums. Provides a more had accidents with responsibility, the higher the risk of seeing add other accidents plug for the current year.

The age, which can also be tied to the driving experience also plays a role. Among young drivers 16 to 20, who do not possess all the insurance in their name, the frequency of collisions with responsibility reaches 10 percent among boys against 9 per cent among young women in 2012.

For all other insured, this type of accident, they are responsible is 4 percent.

Source: Association of Motor Insurers (GAA)