Mississauga car insurance

city of Mississauga skyline

Mississauga has some of the highest car insurance rates in Ontario averaging $2,717 per year. That is $256 more than the Ontario provincial average of $2,461.

Rates increased 6.72% year-over-year due to rising claims costs, vehicle theft, repair expenses, and high traffic density on Highway 401 and across Peel Region.

The good news is that rates vary by insurer. So, comparing multiple quotes is the quickest way to find the cheapest car insurance in Mississauga. Rates may vary significantly based on your postal code, driving history, vehicle type, and coverage selections.

If your auto policy is set to renew soon, speak with one of our licensed advisors. ThinkInsure compares Mississauga car insurance quotes from leading Canadian providers to help drivers find the lowest rate available for their specific needs.

Quick facts about Mississauga car insurance

  • The average cost of car insurance in Mississauga is $2,717 per year or $226 per month.
  • Mississauga drivers pay, on average, about $256 per year more than the provincial average.
  • Auto insurance premiums increased 6.72% in Mississauga from 2024 to 2025.
  • Residents living in postal code areas L5H and L5G have the most affordable premiums.
  • L4W and L5W postal codes have the most expensive premiums.
  • Mississauga has the third-highest rates in the GTA region.

Current rate data reflects a rolling 12-month average of ThinkInsure quote submissions as of May 2026.*** See our methodology.