A public auto insurance system is operated in several Canadian provinces—British Columbia, Saskatchewan, Manitoba and Quebec—while car insurance is privately provided in the rest of the country. Ontario offers the highest car insurance premium rates in Canada with an annual average cost of 1,920 Canadian dollars as of August, 2015. It is closely followed by British Colombia, Alberta, and Nova Scotia. Some of the biggest names in Canada’s auto insurance industry—and also among some of the leading insurance companies in Canada—include: Intact Financial, TD Insurance, Desjardins General and The Co-operators Group. The net claims incurred by the Canadian auto insurance industry in 2015 amounted to approximately 15.28 billion Canadian dollars.
Basic car insurance is mandatory throughout Canada with each province determining the type of benefits for minimum required auto insurance coverage and benefit options available for additional coverage such as protection against theft of the vehicle and damage from things other than in traffic collisions. The number of fatalities caused by road traffic collisions in Canada was reported to be at around 1,834 as of 2014.