Car insurance in Canada is driven up by several unique economic and structural factors, most notably mandatory high minimum injury and accident benefit limits, complex provincial legal frameworks, and rising vehicle repair costs. Furthermore, urban centers face severe issues with auto theft epidemics, high rates of staged insurance fraud, and intense traffic congestion along major highway corridors. Because insurers must fund expensive statutory accident benefits and absorb billions in annual vehicle theft and collision claims, baseline premiums remain high compared to many international markets.
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