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Insurance Renewal Increase Calculator
Compare your previous premium with your renewal and see the exact annual, monthly and percentage change.
C$
C$
YOUR RENEWAL CHANGE+15.0%
Previous$2,400.00
New$2,760.00
Annual difference+$360.00
Monthly difference+$30.00
How to read the result
A positive percentage means your premium increased. A negative percentage means it decreased. The monthly difference simply divides the annual change by 12, so it is useful for budgeting even when your insurer uses a different payment schedule.
No quote data is used here. This calculator performs arithmetic only. It does not predict your premium or provide insurance advice.
Why renewals can change
Insurance premiums can move for many reasons, including claims experience, location, vehicle or property changes, rating updates, coverage choices and broader repair or replacement costs. Canada Rate Lab will link province-specific explanations and verified rate data here as those datasets are completed.