In 2025, Alberta auto insurance has entered the realm of horror-comedy. The going rate to insure a Honda Civic—the car of choice for broke students and midlife crisis deniers—is now $7,080 a year. That’s not insurance, that’s ransom.
Insurers, when asked why, mutter about “rising costs” and “risk factors,” corporate jargon that translates to: we’ve realized you’ll pay anything rather than bus with strangers. Economists note that Albertans are now choosing between coverage and groceries, a false choice given that groceries are already unaffordable.
One Calgary man described his Civic as “a $20,000 coffin on wheels” since he can’t afford both insurance and therapy. Others are canceling their policies and just praying no one hits them—finally merging faith with finance. At this rate, the cheapest way to own a car in Alberta may be to simply steal one and let fate, or God, insure it.
