In 2020, the net premiums written for auto insurance in Canada amounted to approximately 26.96 billion Canadian dollars. This is an increase of almost 2.8 billion Canadian dollars, despite the economic impacts of the coronavirus (COVID-19) pandemic. For reference, the in 1990 Canadian auto insurance net premiums amounted to 7.12 Canadian dollars.
Net premiums written for auto insurance in Canada from 1990 to 2020
(in billion Canadian dollars)
Figures have been rounded, and taken from multiple publications.
Figures do not include government-owned auto insurers in British Columbia, Saskatchewan, Manitoba and Quebec, which exclusively provide the compulsory component of auto insurance in those provinces.
Profit from additional features by authenticating your Admin account
Please authenticate by going to "My account" → "Administration".
Then you will be able to mark statistics as favourites and use personal statistics alerts.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
Insurance Bureau of Canada. (October 7, 2021). Net premiums written for auto insurance in Canada from 1990 to 2020 (in billion Canadian dollars) [Graph]. In Statista. Retrieved January 28, 2022, from https://www.statista.com/statistics/470720/net-premiums-written-auto-insurance-canada/
Insurance Bureau of Canada. "Net premiums written for auto insurance in Canada from 1990 to 2020 (in billion Canadian dollars)." Chart. October 7, 2021. Statista. Accessed January 28, 2022. https://www.statista.com/statistics/470720/net-premiums-written-auto-insurance-canada/
Insurance Bureau of Canada. (2021). Net premiums written for auto insurance in Canada from 1990 to 2020 (in billion Canadian dollars). Statista. Statista Inc.. Accessed: January 28, 2022. https://www.statista.com/statistics/470720/net-premiums-written-auto-insurance-canada/
Insurance Bureau of Canada. "Net Premiums Written for Auto Insurance in Canada from 1990 to 2020 (in Billion Canadian Dollars)." Statista, Statista Inc., 7 Oct 2021, https://www.statista.com/statistics/470720/net-premiums-written-auto-insurance-canada/
Insurance Bureau of Canada, Net premiums written for auto insurance in Canada from 1990 to 2020 (in billion Canadian dollars) Statista, https://www.statista.com/statistics/470720/net-premiums-written-auto-insurance-canada/ (last visited January 28, 2022)
