Ontario Car Insurance

There is no single company that has the cheapest car insurance in Ontario. Some companies prefer good drivers and others will accept a couple of accidents or tickets. Some offer good prices in cities while others do in rural areas.

Companies also change their rates often based on claims experience and other considerations they use to determine premiums. A good way to find out who has the lowest rate is to compare quotes from multiple providers.

Auto insurance rates in Ontario are some of the highest in Canada. British Columbia is the only province with more expensive insurance. One of the main reasons why it is so expensive is the prevalence of fraud in the province. This raises the amount paid out by insurance companies for claims.

Other factors include higher car repair expenses and more claims. Get quotes frequently to make sure you are not overpaying.

The make, model, MSRP, safety rating, and chance of being stolen all affect the price of insurance. When it comes to the cheapest car to insure, models like the Honda Odyssey, Jeep Wrangler, and Toyota Prius, and Chevy Silverado are consistently the lowest in their category.

There are many reasons to compare car insurance quotes in Ontario. The most important reason is to save money! Prices change all the time. Companies frequently file to increase or decrease their rates with FSRAO based on claims policyholders make and their overall profitability.

There may also have been some updates to your driving profile such as a ticket falling off your record or maybe you got a new vehicle. Comparing quotes annually from multiple providers is the best way to ensure you are getting the most affordable rates.

Ontario auto insurance rates continue to go up. Automobiles are more sophisticated and expensive to repair or replace. Insurance companies are paying out more. Here are the top factors :

• Inflation : Operating expenses rise each year due to inflation and other economic considerations.
• Crime : More crime and fraud are increasing the amount providers have to payout.
• More collisions : The number of claims submitted each year is on the rise. Distracted driving is one of the main causes of collisions in the province.
• Costs for repairs : The expense repairs continues to go up as vehicle features and technologies become more sophisticated.

You must be 16 years of age to be eligible for a driver’s licence. The province operates using a graduated driver’s licencing system.

Drivers must complete all levels to become fully licenced. The G1 is your learner's permit. You must be at least 16 and pass a written test. A fully licenced driver must accompany you to drive. It is recommended for drivers with this licence to be added to a parents or guardians plan to pay less.

To obtain a G2 licence, you must have your G1 for one year. It can be 8 months if you complete a driver training course. With this licence you can drive alone. Coverage can be expensive because of your age, relative inexperience, and the chance of being in a collision.

To obtain a full G driver’s licence you must have your G2 for at least one year. You must pass the G2 exit test. No restrictions apply if you are over 21. At this point, you will see some savings.

If you are an experienced driver, adding a new driver will cause your rate to go up. Teenagers with a G1 or G2 pay the highest amount. Ensure they take a driving course to qualify for the most savings.

Accident forgiveness is a feature available in Ontario auto insurance. It allows you to have one at-fault accident without affecting your rate. It's viewed as a way for an insurance company to reward good driving habits and a having a claims-free record. Not all companies offer this perk. To qualify, you must be in good standing, have a clean record and meet other criteria.

In Ontario, your auto insurance coverage follows the vehicle, not the driver. Anyone you permit to drive your vehicle is insured under your policy. This also means that if they are an accident the claim will go on your record.

It depends on what is included in your policy. The OPCF 27 endorsement, Legal Liability For Damage To Non Owned Automobiles, should be added to your policy. This will cover you if you drive another person’s vehicle. This is often included with comprehensive insurance. If you are not sure if you have this, check with your insurer for clarification.

You are not automatically eligible for basic car insurance in Ontario. You must meet a series of residency rules to be eligible to get a standard personal use automobile policy :

• You must reside in Ontario and be a Canadian resident.
• You must have a valid Ontario driver’s licence (G, G2, G1).
• Anyone listed on the policy must have a valid licence.
• Your vehicle is to be used for personal use only. You will need commercial auto insurance if you use your car for business purposes.
• Your vehicle must be roadworthy and pass a car safety inspection. Any modifications must be reported to your insurer.
• You do not have previous fraud convictions.
• No serious past convictions or payment issues on your driving record.
• You must fully disclose all information about yourself, vehicle and driving history.

Yes. An insurance company can deny you standard auto insurance coverage in Ontario. You have the right to receive a written reason why you were denied. If you’ve been denied, you can still qualify for high-risk auto insurance or through the Facility Association.

It is rather straightforward to add a driver to your Ontario auto insurance. You should contact your insurer. Provide them with the driver’s information and licence number. They will ask you some questions about their driving history.

You do not need to add an occasional driver if they are only using your vehicle one time. For example, lending your automobile to a neighbour or a relative who is visiting on vacation. You are required to add licenced drivers who reside in your home and use your vehicle occasionally.

No. Credit score checks are not required to buy car insurance in Ontario. They also do not have any impact on the price of premiums.

New permanent residents are required by the government to have an Ontario driver’s licence and auto insurance from a provider in the province. This is the case whether you are moving from another province or another country.

You need to exchange your licence from your previous province or country within 60 days of moving. The provincial government officially recognizes licences from many countries, including the United States, Australia, France, Germany, Great Britain, and others.

If your country is not part of the licence exchange agreement with the province, you will have to complete the graduated licencing process.

It is advisable to obtain a record of insurance from your previous insurer. This can help you show proof of your history. It can also help you get cheaper car insurance.

Distracted driving continues to be a serious risk to road safety. If you are caught driving while distracted, you can expect to pay higher premiums. Plus, you face further penalties. Fines start at $1,000, a 3-day licence suspension, and 3 demerit points.

After your first conviction, the price could go up to 10% - 20% more. A second conviction could see increases by 30% or more.

Yes. You can be insured with Uber insurance and ridesharing coverage in Ontario. If you are planning to work for a ridesharing service, speak with your insurer. It is important to make sure you have the right coverage in place. Being insured properly will protect you and your customers when the meter is on.

If you are involved in an auto accident that involves significant damage or injury, you need to report it to your insurance company. Report it as soon as possible to start the car insurance claims process.

Here is how the basic process works :

• Report the accident to the police or accident reporting centre.
• Open a claim by providing the accident information to your insurance company.
• An adjuster will be assigned to your case to determine fault.
• Get an estimate for the repairs. Determine if repairs are needed or the vehicle is a total loss.
• Your insurer will determine who is at-fault.
• Your automobile is repaired.
• The claim will be closed.
• If you are found to be at-fault, your rates will likely go up on renewal.

Claims with injuries can require additional steps. Speak with your provider for more details about the specific steps they required.