Compare Car Insurance Quotes

In 3 Minutes, Save 32% on Average. Compare Quotes from 50+ Providers for Free!

Imported Cars

There is a big reason why a lot of people choose not to import cars. The price for parts can be quite steep. Oftentimes, imported cars come in right-hand drive as well. Traditionally cars in Canada have always been left-hand drives. This can take some getting used to and it can have an impact on how safe you are when operating your vehicle. Insurance companies want safe drivers and no risk, so an imported car isn’t exactly the best option from an insurance perspective.

What Does It Mean If A Car Is An Import?

imported car

An imported car just means a car that was produced elsewhere in the world. Imported cars are not something you are likely to find on the road in Canada. The cars were produced to be driven elsewhere in the world and therefore they must be imported in on an individual car basis. Usually imported cars are expensive classic or luxurious vehicles.

How Much Does It Cost To Insure An Exotic Car?

The faster your luxury vehicle is and the more it is worth, the more it will cost you for insurance. Insurance companies also take into consideration how safe a vehicle is to drive in Canada. If something has a super large engine, minimal line of sight, and minimal safety features, you are likely going to pay more to insure it. To give you an idea about what the cost could look like, an average male over 25 has to pay around $3000 per year for coverage on a Porsche and about the same for a top-of-the-line Mercedes Benz with more safety features built-in.

How Old Does A Car Have To Be To Be Considered A Classic?

Usually, insurance companies will consider classic cars as restored vehicles or “well kept” vehicles over 25 years of age. However, there are exceptions to this rule. If you want to get insurance on what you consider to be a classic car, you are likely going to need an appraisal. Usually, when a car gets older it loses a ton of value. This value can be restored if work or a lot of maintenance is done to the vehicle. When this kind of work is done it can be very expensive. Due to this reason, it is likely you will need a specialized insurance policy with more coverage.

Do Right Hand Drive Vehicles Cost More To Insure?

right hand drive

As cool as right-hand drive cars look, you are going to have to pay more to insure them. These cars change your field of vision and make it a little more difficult to judge where you are on the road. There is a reason why you have to drive on the right side of the road in Canada. This rule is in place to avoid confusion and to prevent as many head-on collisions as possible since the road lines are directly in your field of vision. With a right-hand drive vehicle, you can’t see the centerline or passing lanes as well and therefore it is going to be more expensive to insure.

Do Imported Cars Cost More To Insure?

Yes, imported cars do cost more to insure. This is largely due to the cost of repairing imported vehicles. The more a vehicle costs to import, the more expensive it will be to insure.  Insurance companies have to pay to import parts to fix an imported vehicle. Finding the parts can take time, which costs an insurance company money. Depending on the value of the part, it might be worth it just to buy out your vehicle. This is why it is so important to have adequate insurance and have someone appraise your vehicle.

What Is A Vehicle Import E-Form?

A vehicle import E-Form is a form that you have to fill out when importing. At the Canada Border, you will be required to use a vehicle import form if you wish to bring a vehicle across. The form can be printed off of the Registrar of Imported Vehicle’s website. Once you print off the form, you just have to fill it out and give it to customs officers at the border.

How Do You Import A Car?

You are not allowed to import a car made outside of North America if it wasn’t manufactured to Canadian standards when it was first manufactured. In order to be able to import from a foreign market, you need to import a car that is at least 15 years old. When you are importing cars from the United States, the rules are not as strict. You can import a vehicle so long as you pay taxes and duties. On top of these, your vehicle has to be free of recalls and it has to pass an inspection.

How Do You Temporarily Import A Vehicle?

You can temporarily import a vehicle that is not certified to Canadian standards. However, you can only do this under certain circumstances. The vehicle has to be being used for a particular purpose. It has to be used in some kind of vehicle exhibition, entertainment show, or a demonstration if a regular person is bringing it in. If a manufacturer is bringing it in, they can bring it in for testing, manufacturing purposes, or projects. You must submit a Schedule VII Declaration in order to temporarily import a vehicle.

What Is A Temporary Vehicle Import Declaration?


A Schedule VII Declaration is what you have to give to the customs agent when you get to the border with the vehicle you want to import. When using this declaration your vehicle must pass inspection. This means you cannot have organic material in or on your vehicle. This also means that you must pass an emissions test as well as have the proper registration for your vehicle. This form is the last step towards getting your temporary import into Canada, so make sure you fill it out appropriately.

To Conclude

Imported vehicles can be extremely pleasant to drive. However, it is important to make sure that you know the costs of an imported vehicle before you get one. Not only will your insurance be more expensive, but your repairs will be more expensive as well. The more your vehicle costs to start with, the more you are going to have to pay out in the long run.

About the Author: Ashley Miller

Ashley is an insurance content professional and very knowledgeable on all related subjects. Ashley has over 12 years of insurance content writing experience working with various insurance companies throughout her career.