Find the best car insurance in London, Ontario. Compare car insurance quotes from the top London providers get your lowest rate in a couple of minutes.
Talk to a licensed advisor
1-855-550-5515
Years experience
Proudly Canadian
Licensed advisors
Private & secure
The average cost of car insurance in London is $2,267 per year. This is about $194 less than the provincial average of $2,461.
London car insurance rates are known for being lower than or on par with the provincial rates. Comparatively, there are fewer highways, fewer accidents, and safer driving conditions exist. Highway 401 passes along the south side of the city.
Even with reasonable rates, there are still opportunities to lower your payments even more when you compare London car insurance quotes every year. Our insurance experts will guide you through the quote process. We'll ensure you get the insurance you need at the best rate. Expect great value without sacrificing your coverage.
Current rate data reflects a rolling 12-month average of ThinkInsure quote submissions as of May 2026.*** See our methodology.
is the average auto insurance cost in London
is the cheapest postal code area
insurance rates for mature drivers
average premiums in Ontario
Car insurance in London averages about $2,267 per year, roughly $189 per month, based on of ThinkInsure quote data as of May 2026. That is about $194 below the provincial average for car insurance in Ontario ($2,461), and lower than most large Ontario cities. Your own rate depends on your postal code, vehicle, age, and driving record.
The city has some of the lowest rates compared to other large cities in the province. Even though London has a sizeable population (422,324 as of the 2021 census), the city doesn't have the high traffic volume and congestion of the GTA. There are fewer collisions and claims.
Here's a breakdown of how much you can expect to pay for different time periods:
Current rate data reflects a rolling 12-month average of ThinkInsure quote submissions as of May 2026.*** See our methodology.
Enter your vehicle and driving information.
Instantly see quotes from multiple insurance companies.
Choose the best rate and confirm your policy details with us.
Helping London drivers save on auto insurance!
Notable changes are on the horizon for Ontario auto insurance in 2026, and drivers in London should take note. While insurance premiums are still expected to rise, upcoming provincial reforms aim to give motorists more flexibility and greater control over both their coverage selections and insurance costs.
For the full breakdown of what's changing, who's covered, and how to decide what's right for you, see our Ontario auto insurance reforms guide.
London typically has higher rates than other nearby cities. This generally has to do with the city being much larger and having more traffic.
However, when compared to other similar-sized cities, rates are comparable. Premiums in London sit just above Windsor ($2,164) and just below Kitchener ($2,307), all within a couple hundred dollars of each other.
| City | Average Annual Premium |
|---|---|
| St. Thomas | $1,960 |
| London | $2,267 |
| Chatham | $1,743 |
| Woodstock | $2,047 |
| Strathroy | $1,818 |
| Tillsonburg | $1,688 |
| Sarnia | $1,704 |
The cheapest car insurance in London is in Central London (N6B), around $1,674 per year, with North London (N6A) close behind near $1,907. The most expensive area is East London (N5W) at about $2,711. The gap across London postal codes is more than $1,000 a year.
The area you reside in within a city can influence your insurance expenses. In London, your address could impact your premiums by over $1,000 annually.
Central London (N6B) has the lowest premiums at $1,674 per year. East London (N5W) has the highest premium at $2,711.
Here is a breakdown of premiums by postal code:
| Area in the City of London | Postal Codes | Avg Premium |
|---|---|---|
| East London | N5W | $2,711 |
| Carling | N5Y | $2,371 |
| Fanshawe, Stoneybrook, Northcrest, Uplands | N5X | $2,303 |
| North London | N6A | $1,907 |
| Central London | N6B | $1,674 |
| South London | N6C | $2,085 |
| London West | N6H | $2,019 |
| Byron | N6K | $2,406 |
London car insurance rose about 2.5% from 2024 to 2025, with the calendar-year average reaching $2,153. Rates have stayed fairly steady since 2019, mostly between $1,900 and $2,250. The current rolling 12-month average is about $2,267 per year, still below the provincial average.
Car insurance rates have increased 2.52% in London from 2024-2025. Fluctuations in insurance rates occur frequently, as they are determined by insurers using collected data on claims, repair expenses, accidents, and various other factors.
Your driving history and eligibility for additional discounts also play a role in the changes observed. In the case of London, costs decreased during the pandemic but are on the rise once again.
| Year | Average annual premium |
|---|---|
| 2025 | $2,153 |
| 2024 | $2,100 |
| 2023 | $2,238 |
| 2022 | $1,924 |
| 2021 | $1,761 |
| 2020 | $2,143 |
| 2019 | $2,107 |
| Average rate (2019-25) | $2,060 |
There's no question that price is important. However, you also need to consider the coverage and services you'll receive from your auto insurance company. Sometimes it makes sense to pay a little more to get additional protection.
Ontario requires a minimum level of coverage, but most London drivers carry more than the provincial minimums and for good reason. Proper car Insurance coverage protects you against the cost of accidents, theft, and claims.
Here is what your London car insurance policy must include and what you should consider adding.
| Mandatory coverage | Included in all auto insurance policies | Policy limits |
|---|---|---|
| Third-party liability (TPL) | Covers liability claims against you from an at-fault accident. Basic plans have $200,000 in TPL coverage. | Coverage can be increased up to $2 million. |
| Accident benefits (AB) |
Covers the driver and passengers if injured in an accident, including costs above what OHIP covers. Includes medical, rehabilitation, attendant care, caregiver, funeral, disability income, death benefits, and income replacement. Limits apply and can be increased.
NOTE: As of July 1, 2026, several accident benefits become optional under the Ontario government's reforms outlined in the 2024 Ontario Budget. Medical, rehabilitation, and attendant care remain mandatory. Other benefits (including income replacement and caregiver benefits) become opt-in. See our Ontario auto insurance reforms guide for the full breakdown. |
Increase standard limits for both non-catastrophic ($130,000) and catastrophic ($2 million) injuries. |
| Uninsured motorist |
Also known as uninsured automobile coverage. It covers you if you are
injured by an uninsured driver or in a hit-and-run.
Standard coverage is $200,000. |
Additional coverage up to $1 million. |
| Optional insurance coverage | Coverage can be added to your policy | Recommended |
|---|---|---|
| Collision coverage | Protection if you are involved in an accident with another vehicle or an object (e.g., a tree, street sign, or light post). |
|
| Comprehensive coverage | This protects you from loss or damage from non-driving events. Coverage includes theft, vandalism, falling objects, and damage from the weather (wind, hail, flooding). |
|
| All perils | This combines collision and comprehensive. You have protection for all perils unless they are expressly excluded. | |
| Specified perils | Your policy protects all the perils listed. Anything listed is covered. This is more affordable than comprehensive while still providing most of the protection. | |
| Direct compensation property damage (DCPD) | DCPD covers damage for accidents when you are not at fault. It also covers loss of use. This is part of the no-fault system. As of January 1, 2024, drivers have the ability to opt out of this coverage using OPCF 49. |
|
| Emergency roadside assistance | Get roadside assistance when you need it. Many insurers offer this as part of their policy or as an add-on. Some services include towing, battery boost, flat tire, and more. |
| Endorsements | Coverage to customize your policy | Recommended |
|---|---|---|
| Agreed value of automobiles (OPCF 19A) | Insurers agree to pay a specific amount if your vehicle is a total loss. | |
| Transportation replacement (OPCF 20) | Covers rental car insurance and transportation if your vehicle was stolen or while getting repaired. |
|
| Rental car coverage (OPCF 27) | Coverage for when you drive vehicles that are not your own, such as a rental car. |
|
| Accident forgiveness (OPCF 39) | Protects your driving record after your first at-fault accident. Your first collision will not impact your premiums. |
|
| Waiver of depreciation (OPCF 43) | Insurers cannot deduct depreciation from your vehicle's value when making a claim. |
|
| Family protection (OPCF 44R) | Covers you or your family if you are injured, even if you're not in the car when the accident happens. |
|
| Agreement Not to Recover for Loss or Damage from an Automobile Collision (OPCF 49) | Removes DCPD coverage from your policy. |
Most London drivers qualify for multiple car insurance discounts. From bundling policies to safe-driving programs, insurers offer a wide range of discounts. Here are the most common discounts:
Install winter tires on your vehicle.
Save up to 5%
Insure all your vehicles with the same insurer.
Save up to 10%
Park in your private garage or driveway.
Save up to 8%
Get rewarded for your good driving habits.
Save up to 30%
Complete an approved driver education program.
Save up to 10%
Drive an eco-friendly vehicle and save more.
Save up to 10%
Do you want to save more on car insurance in London? Compare quotes for free from multiple providers in a couple of minutes.
Get QuotesSaving on car insurance in London is a priority for you. In addition to working with us to get a quote, here are some effective ways London drivers can get lower car insurance:
We've served the Ontario insurance market for over 50 years.
RIBO licensed advisors to assist you with all your insurance needs.
Compare coverage and rates from our large selection of auto insurance providers.
Get exceptional customer service. We like happy customers and have a 4.7/5 Google rating.
Yes, London is cheaper than many other big cities in the province. It's also more expensive in some cases. London car insurance costs about $2,267 annually. This is below the provincial average. However, rates can be higher or lower based on your specific situation. Compare car insurance quotes to see how much you can save.
They may increase, but they may not. Many factors affect London car insurance premiums, some of which you can control and others of which you cannot. Focus on the factors you can control to get the lowest rate. This includes the car you drive, your driving record, and diligently comparing quotes.
No. Paying off your car loan will not reduce your auto insurance rates in London. But when you own a vehicle outright, you have more options. This could reduce your premium.
You have access to a large selection of car insurance companies in London. Each insurer offers unique pricing, plans, and coverage. Therefore, it's important for you to find a company that offers a plan that meets your specific driving needs. This will be the best car insurance company for you.
ThinkInsure partners with the leading insurance companies in Canada. They include Aviva, CAA, Intact, Travelers, Wawanesa, Economical, Pembridge and so many more. You can get a quote from these providers anytime.
Celeste Raymond
2026-08-04 09:10:34
★★★★★
The insurance broker who supported me was Dylan Smith. Dylan was very knowledgeable, patient, friendly and professional. He took his time walking me through several different options, answered all my questions and made sure that I left the conversation feeling supported and that I left with the right insurance plan to meet my needs. This was truly one of the best customer service experiences I’ve had!
Paula Souza Realtor
2026-07-29 15:53:22
★★★★★
Working with Betsy Bannon was a great experience. She made the process of getting our commercial auto insurance simple and stress-free. She kept us informed every step of the way, responded promptly, and was always friendly and professional. I really appreciated how smoothly everything went and would definitely recommend her.
Nate Smith
2026-07-29 15:45:25
★★★★★
Had a great experience working with Betsy Bannon. She was easy to deal with, answered my questions, and got our commercial auto insurance set up much faster than I expected.
Nate Smith
2026-07-29 15:44:40
★★★★★
Betsy Bannon made the whole process of getting our commercial auto insurance set up really easy. She was friendly, quick to respond, and got everything taken care of without any hassle. Really appreciated all the help.
Accounting Infinite Mechanical Solutions
2026-07-29 15:43:38
★★★★★
Betsy Bannon was a huge help in getting our commercial auto insurance set up! she was super pleasant to deal with, and she was very fast
Michele Jaques
2026-07-22 22:22:43
★★★★★
Patrick worked diligently in insuring that our businness is sufficiently covered given changes to tenants, tyope of business and up grades. He is very conscientious and work collaboratively to build good a good working relationship. Thank you agaib Patrick for all your efforts.
Stephen Johnston
2026-07-09 02:00:38
★★★★★
I contacted ThinkInsure sure for last minute insurance for my house while I was renovating. My sales broker was Dylan Smith, and he was excellent. He was extremely communicative and proactive and talked me through all the steps of applying for my insurance policy. Because it was somewhat last minute, he also bent over backwards and communicated with the insurance company to make sure I got my insurance effective on the day I needed it. I couldn’t have experienced better service.
Steven Liao
2026-07-08 03:49:25
★★★★★
I have been getting parent super visa insurance from Think Insurance for past 2 years. Parminder helped us in getting the coverage needed and everything had been smooth.
The cost of car insurance premiums in London can be affected by many things. One of the biggest factors that can directly impact your rates is your location. Your vehicle, driving history, drivers on your policy, theft, fraud, and more also matter.
These factors contribute to insurance companies arriving at different premiums. They are based on specific algorithms they use to determine rates. Policy costs can vary significantly between insurers for the same quote information.
Your age, driving record, and vehicle matter most for London car insurance. Drivers under 25 pay about 39% more than the average driver, while those 50 and over pay about 33% less. A single ticket adds about 15%, an at-fault accident about 52%, and a licence suspension about 71%.
How much you pay for auto insurance is dependent on your driver classification. Factors like age, demographics, driver classification, and driving record are taken into account by insurance companies to set your premiums. To assess the influence of these factors on your payments, we analyzed our customer quote data. This is what we observed:
| Premium | Monthly | Difference | |
|---|---|---|---|
| Driver type | |||
| Young drivers (25 and under) | $2,888 | $241 | 38.71% |
| Middle age (25 - 50) | $2,194 | $183 | 5.38% |
| Mature/senior drivers (50+) | $1,402 | $117 | -32.66% |
| Demographics | |||
| Male | $2,035 | $170 | -2.26% |
| Female | $1,905 | $159 | -8.50% |
| Married | $1,722 | $144 | -17.29% |
| Single | $2,139 | $178 | 2.74% |
| Driving record | |||
| 1 ticket within the past 3 years | $2,400 | $200 | 15.27% |
| 1 accident in 3 years | $3,169 | $264 | 52.21% |
| 1 cancellation in 3 years | $2,431 | $203 | 16.76% |
| 1 suspension in 3 years | $3,563 | $297 | 71.13% |
Having more than one vehicle is increasingly common. Combining these vehicles under one policy will save you more money. On average, Londoners save $314 per vehicle when they add a second car to their policy.
| Average rate | Average rate per vehicle | Total savings | Savings per vehicle | |
|---|---|---|---|---|
| 1 car | $2,267 | $2,267 | ||
| 2 cars | $3,278 | $1,639 | $628 | $314 |
The cheapest vehicle brands to insure in London are GMC (about $1,610 per year), Ford ($1,776), and Toyota ($1,890). The most expensive include Audi ($3,247), BMW ($2,807), and Subaru ($2,734). Choosing a lower-cost, safer vehicle can save you hundreds of dollars a year.
Your car brand is a big factor to consider when comparing insurance premiums. Our consumer data shows premiums can fluctuate by more than $1,000 based on your car brand. Here are the rates by brand for Londoners:
| Vehicle brand | Premium | Monthly payment |
|---|---|---|
| All brands | $2,153 | $179 |
| Honda | $2,356 | $196 |
| Toyota | $1,890 | $158 |
| Ford | $1,776 | $148 |
| Hyundai | $2,564 | $214 |
| Kia | $2,549 | $212 |
| GMC | $1,610 | $134 |
| Chevrolet | $2,155 | $180 |
| RAM | $2,173 | $181 |
| Dodge | $2,173 | $181 |
| Jeep | $2,518 | $210 |
| Subaru | $2,734 | $228 |
| Mazda | $2,130 | $178 |
| Nissan | $1,891 | $158 |
| Volkswagen | $2,469 | $206 |
| Mercedes | $2,635 | $220 |
| BMW | $2,807 | $234 |
| Tesla | $2,308 | $192 |
| Audi | $3,247 | $271 |
Our RIBO licensed advisors have got you covered for finding the best auto insurance rates and coverage. Get non-biased auto insurance advice, personalized coverage and the lowest rates with a London insurance broker.
Our advisors will ensure you have proper coverage for your unique driving needs.
We will instantly compare quotes and discounts from our large selection of insurance providers to find you the lowest rate. By comparing quotes, we help London drivers save an average of $453*.
Choose the provider that offers the best coverage and rate for your needs. We often can get you insured with a new automobile policy on the same day.
Call us if you have complex coverage needs, need to renew today or want to insure multiple vehicles.
As an insurance professional, one of my favourite tips for saving you money each month is bundling your home and auto insurance. You could see discounts of 20% or even more! Plus, it just makes life easier having everything with one company, it's a real win for you.
Felicia Owoyemi
Insurance Broker (RIBO)
Monday-Friday: 8am-6pm
Disclaimer:
* Based on the difference between the average lowest premium and the overall average premium in London for estimates completed from January 31, 2025, to January 31, 2026.
** Estimated premiums from 2019-2025.
*** Estimated premiums are based on data entered by drivers on ThinkInsure.ca from May 31, 2025, to May 31, 2026.
Content Marketing Manager
Nolan is a content marketing manager and writer at ThinkInsure. He has 15+ years of experience in the insurance industry, working with brokerages and direct insurers to create compelling insurance content, specializing in auto, home, and commercial.
Read our insurance blog to get helpful tips, information and news.
Learn how car insurance deductibles work in Ontario. Discover how choosing a $500 vs. $1000 deductible impacts your auto insurance premiums and claim payouts.
The Statutory Accident Benefits Schedule in Ontario ensures certain benefits are available to any person injured in a car accident. In this blog, we’ll discuss what the statutory accident benefits schedule is and the role it plays in insurance and accident benefits claims.
Accumulated a few demerit points on your driving record? Here are some of the most common questions about demerit points in Ontario, how the demerit points system works, and if they can impact insurance.
There are situations where you will want or be required to have additional insurance, often in the form of optional enhancements called the Ontario Policy Change Form (OPCF).
