No the insurance requirements of Quebec and Ontario are not the same. In Ontario as you should be aware that if you own a vehicle you are required to, at the very least, purchase the following automobile insurance coverages:
Third Party Liability Coverage - This type of coverage protects you if someone else is killed or injured, or their property is damaged. It will pay for claims as a result of lawsuits against you up to the limit of your coverage, and will pay the costs of settling the claims. By law you must carry a minimum of $200,000 of Third-Party Liability Coverage.
Statutory Accidents Benefits Coverage - This provides you with benefits if you are injured in an automobile accident, regardless of who caused the accident including supplementary medical, rehabilitation, attendant care, caregiver and income replacement benefits.
Direct Compensation - Property Damage (DC-PD) Coverage - This section of an Ontario auto insurance policy covers damage to your vehicle or its contents, and for loss of use of your vehicle or its contents, to the extent that another person was at fault for the accident. It is called direct compensation because even though someone else causes the damage, you collect directly from your own insurer, instead of the person who caused the damage.
[Let CarInsurance.com help you find affordable auto insurance now.] Uninsured Automobile Coverage - This required coverage is for you and your family if you are injured or killed by a hit-and-run driver or by an uninsured motorist. It also covers damage to your vehicle caused by an identified uninsured driver.
In addition to the mandatory minimum coverages that are required by law in Ontario, you may purchase higher Liability limits under your Third-party Liability coverage, as well as increased Accident Benefits coverages. You can also get optional coverages of Collision and Comprehensive.
In Quebec they have an auto insurance plan which entitles everyone residing in Québec to compensation for injuries sustained in any road accident involving an automobile, whether the injured party is the driver, a passenger, a cyclist or a pedestrian. This coverage applies all over the world, and does not require identifying who was at fault.
This public auto-insurance plan is funded by contributions included in the cost of drivers' licenses and car registrations. The plan is managed by the SAAQ (Québec motor vehicle bureau). Its goal is to insure and protect everyone residing in Québec from the risks associated with road travel. The SAAQ is also responsible for issuing driver's licenses and car registration certificates.
So with regards to bodily injury, Quebec has a pure no fault system, which means there is no right to sue the at-fault driver for pain and suffering or additional medical and economic expenses.
Under the Automobile Insurance Act, everyone who wants to drive a car in Quebec must by law buy a minimum amount of third-party Liability insurance, $50,000, with a private insurer and has the option to buy more to suit their needs. Liability covers you for property damage inside Quebec and personal injury and property damage outside Quebec.
The mandatory automobile insurance coverages in Ontario are: $200,000 of third party liability, statutory accident benefits, uninsured automobile and direct compensation-property damage. While in Quebec you are required to have third party Liability for Property Damage of $50,000. With a Quebec policy Section A (civil liability) covers any damage you may cause to the property of a third party in an accident that occurs in Quebec. In addition to Section A, you can purchase insurance to cover physical damage to your vehicle. This is termed Section B of your policy and is optional.
Under Section B on a Quebec policy different types of coverage are available separately, such as fire, theft, vandalism, broken windshields, etc. Various options are also available and fall into four categories: Comprehensive, Collision or Upset, Named Perils, and All-Perils coverage.
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Those are the basic differences between an Ontario and Quebec auto insurance policy. So when you move your coverages in Quebec will be different than those you had on your vehicle while in Ontario. As for your ability to have monthly payments, you will need to check with a Quebec private insurer to see what their underwriting rules allow. If in Ontario you were cancelled for non-payment than it likely will be an issue in Quebec as well until you can prove that you will pay on time and keep your coverage up to date.
For information on all of Canada and the various types of auto insurance required by each province you can go to the Insurance Bureau of Canada (IBC) site and read our article on the Basics of Canadian Car Insurance. | 
