MyChoice, a tech company that compares insurance rates across providers, compared thousands of quotes in 2023 and 2025. The study found the average 2025 annual insurance premium in Kelowna was around $300 cheaper. The average BC consumer is spending almost 150% more on insurance now than they did in 2010. The only cities where insurance rates dropped from 2023 to 2025 were Calgary, Edmonton and Grande Prairie, but another Alberta city topped the list. Taking up nearly a fifth of monthly mortgage payments, the average 2025 insurance quote in Medicine Hat was $3,875, according to the report.