FPQ 5 Price in 2026: Ranges, Factors and Payment
How much does replacement insurance really cost in Quebec? Detailed ranges by value and term, monthly payment options, and factors that affect your premium.
Get your exact priceThe price of an FPQ 5 (replacement insurance) contract in Quebec varies according to three main factors : the purchase value of the vehicle (excluding taxes), the duration of the contract and the driver’s profile. Here are the ranges observed in 2026 with insurers authorized by the Autorité des marchés financiers (AMF), for information purposes only.
Price ranges by value and duration
| Value of the vehicle | 24 months | 36 months | 48 months | 60 months | 84 months |
|---|---|---|---|---|---|
| $15-25K | $450-650 | $550-800 | $650-950 | $800-1,200 | $1,100-1,600 |
| $25-35K | $550-800 | $600-900 | $750-1,100 | $900-1,400 | $1,300-1,900 |
| $35-50K | $750-1,100 | $900-1,300 | $1,100-1,600 | $1,300-1,900 | $1,800-$2,600 |
| $50-75K | $1,100-1,500 | $1,300-$1,800 | $1,600-2,200 | $1,900-$2,600 | $2,500-$3,500 |
| $75-120K | $1,600-2,400 | $2,000-$2,900 | $2,400-$3,500 | $2,900-4,200 | $3,800-5,500 |
| $120-150K | $2,200-$3,200 | $2,700-$3,900 | $3,200-$4,600 | $3,900-5,500 | Not eligible (max 60 months) |
*2026 indicative rates in dollars, excluding 9% QST. The 72 and 84-month contracts are only available for certain vehicles (see qualifying terms).
What Affects Your FPQ 5 Premium
Purchase price excluding taxes
The premium is calculated solely on the price of the vehicle excluding taxes, excluding extended warranties, warranty contracts and negative balance.
Duration of the contract
The longer the term, the higher the total premium — but the cost per month decreases. 60 months is often the best ratio.
Vehicle Type
New, demo or used change the pricing. A used model year 10 vehicle is more expensive to protect than a new one of the same value.
Available payment methods
| Formula | How it works | For whom |
|---|---|---|
| Full Payment | A single payment at the time of purchase (often financed with the car loan) | Buyers with cash, or financing included |
| 3 bonus payments | divided into three instalments, interest-free | Spread without committing the entire term |
| Monthly 24-60 months | Monthly payments over the term of the contract. The 72 and 84 month contracts are payable over 60 months max. | Predictable monthly budget |
Accepted Modes
Payment by credit card or direct debit. A 2.5% fee applies only for credit card payments.
Concrete numerical examples
2026 Toyota RAV4
$40,000 · 60 months
≈ $1,400 total — that’s about $23/month over 60 months.
2026 Tesla Model Y
$65,000 · 60 months
≈ $2,200 total — that’s about $37/month over 60 months.
2026 Mercedes GLE
$95,000 · 60 months
≈ $3,500 total — or about $58/month over 60 months.
Indicative figures for 2026 for a driver with a clean record in the metropolitan area. The actual premium is set by the insurer.
Frequently Asked Questions About the Award
Is FPQ 5 price negotiable?
Should the QST be added to these prices?
Why aren’t the 84 months available above $120,000?
Can I finance FPQ 5 with my car loan?
Does the price change depending on the region of Quebec?
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