Stay at home Canadians are making auto insurers rethink

Published: February 20, 2019

Updated: February 28, 2019

Author: Luke Jones



Canadians are fleeing the nest later in life than they ever have before. Data from Statistics Canada shows the percentage of people aged 25 years or older living with parents has almost doubled over the last two decades.

The organization reports 5% of Canadians aged 25 to 64 in 1995 still lived with one or more of their parents, a figure that represented 900,000 people. In 2017, the number had nearly doubled, with 9% (1.9 million people) living with a parent.

Auto insurance brokers have plenty to think about:

“If your young adult lives at home and does not have their own vehicle (but they have a driver’s licence), then they’ll need to be listed on your policy,” advises, part of Kanetix Ltd.

Auto insurers widely expect a person to be included as a named driver if they regularly use your vehicles or live with you.

During 2017, 19% of Canadian women aged 25 to 34 lived with a parent, compared with 24% of men, Statistics Canada shows. The information was presented in the Spotlight on Families in Canada blog, part of StatsCan’s Family Matters article series.

“The majority of adults who live with a parent have paid employment,” Statistics Canada said in Spotlight on Families in Canada.

Almost three-quarters (74%) of adults aged 25 to 64 who lived with a parent in 2017 were employed in the week prior to their participation in the GSS on Family. This was lower than the proportion of adults in this age group who did not live with a parent (80%).

“Adults aged 25 to 64 who lived with a parent were also less likely to have worked in full-time permanent jobs in the year prior to the survey compared with other adults. In 2017, 72% worked 41 to 52 weeks in the year prior to the survey, compared with 82% of those not living with a parent.”

“Culture plays a role in the decision to live with parents,” StatsCan adds. “In 2017, 21% of South Asians and 19% of Chinese aged 25 to 64 lived at home, compared with 9% of the total Canadian population aged 25 to 64.”