Car sharing and its implications for insurance

MARCON Mobility Newsletter

Montreal, QC (Nov. 11, 2013) – The Canadian car-sharing fleets now boast roughly 4,000 vehicles and approximately 150,000 members. This results in a shrinking number of personal vehicles owned by individuals, which in turn has implications for auto insurance premiums and business for both insurers and brokers.

This article provides data from various jurisdictions around the world about the growth of shared vehicles, and projections to possible Canadian numbers by the end of the decade.

The shape of auto insurance is still an open question. Will the auto manufacturers, several of whom own or have invested in auto sharing fleets, take on an insurance role in these fleets directly, or possibly team directly with an insurer or a broker? Or how else might the provision of insurance play out?

Read the newsletter (PDF).


MARCON Management Consultants Inc. is a specialized market research, strategy and management consulting firm based in Montreal. For more information, visit

Source: MARCON