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Ontario's Best Car Insurance Rates

Car Insurance Ontario

Saving on car insurance is easier than you think

We know Ontario drivers are tired of paying too much for car insurance. Finding affordable coverage doesn’t have to be difficult. ThinkInsure car insurance advisors help hundreds of drivers save on their car insurance coverage every month.

Let us help you with :

  • Comparing the cheapest auto insurance quotes.
  • Savings tips and advice.
  • Understanding the types of auto insurance coverage in Ontario.
  • All your customer service needs.
  • And so much more.

Having proper car insurance in Ontario is more important than ever

There are more than 13.5 million residents in Ontario and this number continues to grow. This means more drivers, more traffic congestion, and a greater risk for auto accidents on roadways. So it's important to have a car insurance policy that provides the best coverage and protection. Then you can drive with confidence.

We'll help you get the best coverage for your needs at the best price.


How To Get Cheap Ontario Car Insurance Quotes

It's easy to get the cheapest Ontario car insurance quotes. Quickly compare rates in 3 minutes or less from the leading providers to save.

To get the most accurate quote it is helpful to have :

  1. Address and driving information
  2. Your vehicle information

Simply fill out information about yourself, your driving history and vehicle :

Step 1

Start Your Quote


Enter your postal code and some basic information.

Start
Step 2

Enter Your Driving Information


Enter details about your driving and vehicle information.

Step 3

Compare The Cheapest Quotes


Compare quotes from the leading companies.

Step 4

Choose The Best Rate


Choose the lowest rate and get your policy.

What You Need To Know About Car Insurance In Ontario

Ontario is the second most expensive province to get car insurance in behind British Columbia. The average annual car insurance rate in Ontario increased by $60 in 2019 to $1,505 from $1,455 in 2018. It's not only Ontario drivers who face increased rates as they are increasing in most provinces.

The average rates data comes from the Insurance Bureau of Canada.

Average 2019 car insurance rates by province

Province Average Annual Rate
British Columbia $1,832
Ontario $1,505
Alberta $1,316
Saskatchewan $1,235
Newfoundland & Labrador $1,168
Manitoba $1,140
Nova Scotia $891
New Brunswick $867
Prince Edward Island $816
Quebec $717

The Financial Services Regulatory Authority of Ontario FSRA regulates the insurance industry and car insurance in Ontario.

Insurers can apply to have their rates increased. This occurs because of changes in coverage offerings. It helps to offset claims costs. Requests to increase rates must be reasonable. The FSRA can require insurers to lower rates when auto insurance system changes occur.

Ontario rates have increased for 9 consecutive quarters (Oct 1, 2017 to Dec, 31 2019). Here is a summary of insurance rate changes since 2014 :

Quarter Overall Rate Change
Q4 2019 +1.56%
Q3 2019 +2.60%
Q2 2019 +2.00%
Q1 2019 +2.70%
Q4 2018 +3.35%
Q3 2018 +2.06%
Q2 2018 +1.10%
Q1 2018 +2.23%
Q4 2017 +1.03%
Q3 2017 -0.10%
Q2 2017 +0.76%
Q1 2017 +1.24%
Q4 2016 -0.14%
Q3 2016 +1.50%
Q2 2016 +0.33%
Q1 2016 -3.07%
Q4 2015 -0.15%
Q3 2015 -0.50%

Car insurance rates vary significantly based on the driver profile and record. Younger drivers often pay higher premiums as they have less driving experience. Mature drivers with good records pay less pay much less as they get in less accidents.

Here’s a sample of car insurance rates from Ontario drivers who did an online quote with us.

Driver Type Average Quote (per year)
Mature Drivers (35-45 years old) $2,220
Senior Drivers (60-70 years old) $1,642
Young Drivers (20-25 years old) $4,128
Male Drivers (all ages) $2,890
Female Drivers (all ages) $2,515
Drivers With 2 Tickets (all ages) $2,940
Drivers With 1 At-fault Accident (all ages) $3,065

Insurers use many factors to set car insurance rates across Ontario. Here are some of the key factors that impact the cost of a policy :

Experience Behind The Wheel

Driving experience is a key factor. Experienced drivers are less likely to get into accidents compared to novice drivers. How long have you been driving? What level of graduated licence do you have? A clean driving record and a longer insurance history lower rates over time.

Your Age, Gender, Marital Status

Insurers consider personal information such as your age, gender and marital status. Why? New drivers have less experience. Younger drivers, males, and single people are more likely to engage in risky driving. They are more likely to be in accidents and get tickets. Studies show that women are less likely to be in accidents.

Driving Record - Do You Have Traffic Violations?

A clean driving record can make a huge difference in how much you pay for coverage. How is your driving record? Do you have recent tickets or claims? Accidents, traffic violations, and claims will increase your rates. Rates can decrease when tickets are removed from your driving record. Drive safe!

The Vehicle Your Drive

What vehicle do you drive – SUV or a sedan? How old is your car? Is it a common target for thieves? Does it have a good safety rating? The car you drive, its MSRP, vehicle features, repair costs, and vehicle type can make a big difference.

How You Drive And Use Your Vehicle

Do you use your car to drive to work? How many kilometers do you drive per year? Do you use your car for business? If you drive occasionally, you may qualify for a low kilometer discount.

Insurers consider :

  • Length of your daily commute
  • How you use your vehicle
  • How many kilometres you drive annually

Where You Live And Drive

Location, location, location. It can matter just as much for insurance as it does for real estate. Insurers consider where you live. If your neighbourhood has higher statistics for car theft and accidents, your insurance premiums will reflect the higher risk. City, neighborhood, and even postal code matter.

Coverage Limits And Deductible Amount

The type of coverage you select will impact your rates. More coverage will increase costs. It will also provide you with greater protection. Adjusting your deductible amount for collision or comprehensive insurance will impact premium costs. As a general rule, increasing your deductible will lower your premiums. Choose your coverage and deductible amounts wisely.

Your Insurance And Claims History

Your history as an insured driver matters. Gaps in coverage, payment issues, or too many claims will impact your ability to get coverage. It will also increase your rates.

All drivers are subject to car insurance rules in Ontario. Insurance laws are regulated by the Financial Services Regulatory Authority of Ontario (FSRA). These rules are in place to help regulate drivers and insurers.

There are rules for :

  • Insurance eligibility
  • Coverage requirements
  • Buying coverage
  • Filing claims
  • Consumer rights and responsibilities
  • Proof of coverage
  • Cancellations
  • And much more

All drivers should become familiar with all Ontario car insurance rules and laws. Breaking these rules could result in fines, loss of coverage, increased premiums, and even criminal charges.

How Much Does Car Insurance Cost In Ontario?

Auto Insurance  Ontario Cost

The average cost of Ontario car insurance is $1,505 according to the Insurance Bureau of Canada (IBC). Car insurance rates are higher for drivers who live in large cities such as Toronto, Mississauga, and Hamilton. Rates tend to be cheaper in more rural areas and in Northern Ontario.

What Are Some Tips To Get Cheap Car Insurance In Ontario?

We understand that you want to get the cheapest car insurance rates. Here are some great tips to help you get the lowest rates and save on Ontario auto insurance :

  1. Shop Around For Quotes : Insurance rates vary between providers. When you shop around, you’ll get different rates for the same car and driver. An insurance expert can help you quickly find and compare quotes based on your driving record, vehicle and coverage needs.
  2. Compare Car Insurance Discounts : Car insurance providers offer many different discounts. Find an insurance expert who can compare multiple discounts at once to save you time and find the you the best savings.
  3. Benefit From The Experience Of A Car Insurance Professional : Licenced professionals continually update their education and knowledge. They provide unbiased savings advice based on your situation. Get the clarity you’ve been looking for. Get your car insurance questions answered.
  4. Stay Up-to-date With The Latest Car Insurance Industry News : Things change quickly in the insurance industry. Staying up-to-date allows you to make the best decisions. You'll capitalize on new discounts, rate changes, and cost saving opportunities.
  5. Be An Educated Car Insurance Consumer : Know what your policy means and the type coverage you need. If you are not sure about a specific insurance term, talk with your provider to get clarity. Never make assumptions about your coverage. You don’t want to be under insured.
  6. Focus On Value When Comparing Quotes : Price is important, but it’s not the only thing. When comparing policies, make sure you understand value - the level of coverage you will receive for your quoted car insurance rate.
  7. Consider Insurance Factors Before You Buy A Car : The car you drive will impact your rates. Inquire about the insurance rates of vehicles you are considering before you make your final vehicle purchase decision. The vehicle you drive could impact your rates by hundreds of dollars.
  8. Review Your Policy Each Year : A lot can change in a year. Review your policy each year prior to renewal. Does your coverage match your driving needs? Do you need to add or remove coverage types?
  9. Pay Your Premiums In Advance : Pay your insurance premium in advance to avoid administrative fees. Some insurers offer a slight discount for paying in full.
  10. Complete Driver Training : This is particularly important for new and young drivers. Completing driver training with an accredited driving school helps to lower your rates.

What Does Your Ontario Car Insurance Policy Cover?

Ontario auto insurance policies have different levels of coverage. All drivers must have a minimum amount of coverage. It may not be enough to fully cover costs of an accident, injuries, and lawsuits. Car insurance policies cover the repair/replacement of your vehicle, medical costs, and liability.

Get the auto insurance policy that meets your unique driving needs. Choose from standard, optional, and enhanced coverage to customize your policy.

What Is Mandatory Car Insurance Coverage In Ontario?

In Ontario, there are four types of coverage required by law to be included in your policy. They are liability coverage, accident benefits, direct compensation property damage, and uninsured motorist. This applies to vehicles leased, financed or owned by the driver.

Third Party Liability

All drivers must have a minimum of $200,000 in third party liability coverage. This coverage protects you in the event you cause damage or injure someone. You can increase your coverage amount for added protection.

Statutory Accident Benefits

Drivers get certain medical benefits and other expenses if injured or killed in an auto accident. You can purchase additional coverage for most accident benefits.

Here is the minimum coverage included in a standard auto insurance policy :

  • Medical payments : Up to $65,000 for non-catastrophic injuries or up to $1 million for catastrophic injuries.
  • Funeral expenses : Up to $6,000.
  • Disability income benefits : $185/week for 104 weeks.
  • Death benefits : Minimum of $25,000 to spouse and $10,000 to dependants.
  • Income replacement: 70% of gross wages. Maximum of $400 per week.

Direct Compensation Property Damage (DCPD)

This covers damage to your vehicle in accidents where you are not at fault. For this coverage to take effect, the accident must occur in Ontario and must involve another insured vehicle.

Uninsured Automobile

This provides coverage in the event of injury or death by an uninsured driver. It also applies if you’re involved in a hit and run.

Enhanced Coverage And Endorsements

What is enhanced car insurance coverage in Ontario?

You have insurance options. Choose from a variety of policy options to get more coverage above and beyond the minimum :

Accident Forgiveness

Your rates will not increase if you have you first at fault accident.

Rental Car Insurance

Ensure you are covered when you drive a rental car.

Roadside assistance

Get access to roadside assistance through your insurer.

Coverage For Business Use

Get commercial auto insurance coverage if you use your vehicle for business purposes.

Disappearing Deductible

Your deductible will decrease each year you don’t make a claim.

Replacement Value

Get coverage for the actual amount of money it will cost to replace your car without depreciation.

Optional Car Insurance

What is optional car insurance coverage in Ontario?

Ontario drivers can add extra coverage that is above and beyond the minimum insurance. Optional coverage includes :

Comprehensive Coverage

Comprehensive insurance coverage provides you with protection for vehicle damage by weather events, theft, vandalism, fire, earthquake, and falling objects.

Collision Or Upset

Collision insurance coverage protects against damage from a collision by another car or object. This coverage applies to most types of accidents. This includes hit and runs and if you hit stationary objects such as a street sign.

Specified Perils

Specified perils protects against pre-defined risks outlined in your policy. Specified perils can include theft, fire, wind, hail, water, and other types of damage. You have coverage for the perils listed in your policy only.

All Perils

All perils coverage combines comprehensive and collision. You have coverage for all types of risk unless they are explicitly excluded in your policy.

Do You Have Proper Auto Insurance Coverage?

Do you have the right amount of coverage? You could be under or over insured. Get your car insurance needs assessed by a ThinkInsure car insurance expert to ensure you are getting the coverage you need.

Learn about coverage options and adjust your policy to serve your specific driving needs. You will also be able to compare quotes and find new savings.

Ontario Car Insurance Coverage

Ontario Car Insurance FAQs

Here are some of the common questions we get about car insurance in Ontario :

Auto insurance rates in Ontario are some of the highest in the country. British Columbia is the only province more expensive car insurance rates. One of the main reasons why it is so expensive is the prevalence of insurance fraud. This increases claims costs.

Other factors that impact car insurance rates include higher repair costs, more accidents, and increased average claims costs.

Getting the cheapest car insurance in Ontario is unique to each driver. There are many factors that contribute to getting lower rates. Insurance deductibles, coverage limits for collision and comprehensive coverage impact how much you pay.

Other factors like your driving record, claims history, vehicle, and insurance discounts also affect your insurance premiums. Comparing quotes from multiple providers is the best way to get cheap insurance.

Toronto and the GTA is the most expensive region. Other cities like Ottawa and Hamilton also have higher rates.

Smaller towns in rural areas have the most affordable rates. So areas in Southwestern and Northern Ontario tend to have lower auto insurance rates.

The Ontario Government has announced significant changes to the auto insurance system as part of the 2019 Ontario budget. The proposed changes seek to simplify the auto insurance system. The aim is to make it more competitive and reduce insurance costs for drivers.

The key areas of the plan are :

  • Driver care plan
  • Fraud prevention
  • More insurance coverage options
  • More ways for drivers to save
  • Reduced regulation
  • Increase online access to insurance services, payments, and better communication

Read more about the proposed auto insurance changes in the 2019 Ontario budget.

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

There Are Many Ways To Get The Lowest Ontario Car Insurance Quotes

Are you taking advantage of eligible discounts? Call is to find out which ones you qualify for. We'll ask you few questions and help you save as much as possible,

Bundle Insurance

Combine your home and auto insurance policy with the same insurer. Save up to 20%.

Use Winter Tires

Install winter tires on your vehicle and save up to 5% right away.

Multi Vehicles

Insure all your vehicles with the same insurer. Save up to 15% on all vehicles included in your policy. This includes the vehicles of family members living at the same residence.

Drive A Green Vehicle

It pays to go green. Reduce your impact on the environment and reduce fuel costs. Save up to 10% when you drive an electric or hybrid vehicle.

Loyalty

It pays to be loyal. Get rewarded for your loyalty with up to 10% in savings. Your savings can increase each year you renew your policy and stay with your current provider.

Drivers Training

All drivers who pass an MTO approved driver training course save up to 10%.

Retirees And Seniors

Retired? Qualify as a senior? Insurers reward driving experience. Save up to 10% on your insurance policy.

Anti Theft Device Installation

Anti-theft devices reduce the risk of vehicle theft. Insurers reward you for reducing driving risks. Save up to 15% by installing an anti-theft or burglar deterrent device.

See a complete list of Ontario car insurance discounts.


Save Up To 30% On Auto Insurance For Good Driving

All drivers are different. The safer you drive, the amount you drive and the times you drive can impact your rates. Why pay more if you don't need to. You could save up to 30% per year with usage based insurance.

Immediate discounts are available. Speak with us for more details and to get a quote.

Ontario Auto Insurance And Driving Facts

Ontario is home to more people and drivers than any other province. There are more than 14 million people and more than 10 million registered drivers across the province.

Do you commute daily on the 401 or QEW? Spend your weekends driving in the country side or cottage country? Enjoy Niagara wine country? Or, do you love to head up north to explore the natural wonders of Northern Ontario? You need a good insurance policy.

Drivers need to understand driving and auto insurance in Ontario. Here are key stats and facts :

  • Licenced drivers and registered vehicles : According to MTO, there are 10,417,581 licenced drivers. There are 9,855,487 registered motor vehicles in the province.
  • Private coverage : Drivers get insurance from private insurers. There is no public insurance coverage.
  • No fault : Ontario operates on a no fault insurance systems. Drivers deal with their own insurer for accidents and claims.
  • Rates are increasing : There has been a large increase in auto insurance rates since 2004.
  • Rates are higher in the city : Drivers pay more for auto insurance if they live in the GTA. Rates are cheaper up north and in rural areas.
  • Insurance fraud : Its estimated fraud costs the insurance industry about $1.3 billion a year in Ontario. Insurers use between 15-20% of insurance premiums to cover the increasing cost of fraud and theft.
  • Vehicle theft : Police reported about 85,000 vehicle thefts in Ontario in 2007. According the IBC, car theft occurs every 7 minutes in Canada.
  • Distracted driving : According to Ontario.ca, deaths from collisions caused by distracted driving have doubled since 2000. Injuries in a distracted driving collision happen every 30 minutes.
  • Accidents : According to the MTO, in 2018, there were 35,746 reported collisions.

Why Choose ThinkInsure For Car Insurance In Ontario?

ThinkInsure car insurance experts are on your side. We work for you, not the insurers. We are an independently owned company so we’re unbiased. We can help you get the best best coverage and rates for your needs.

Compare And Save

Drivers can save up to $500 or more on when comparing quotes. We can quickly get quotes from the best insurance providers in Ontario. It only takes 3 minutes to compare the lowest rates and save.

Expert Savings Advice

Our auto insurance experts are licenced and trained professionals. We can answer all your insurance questions. We provide you with the guidance you’re looking for.

One Stop For Car Insurance

We’ll take care of all your car insurance needs. Get quotes, get coverage and get service. We take pride in helping our customers and by providing top level customer service. If you need assistance, just give us a call!

Safe And Secure

Your information is safe with us. We never share your information without your consent.

24/7 Claims Service

Accidents can happen at any hour. You can get 24/7 claims service from the leading insurers in Ontario. We will be there to help you in the event of an accident when you need us most.

Coverage Assessment

Get a car insurance needs assessment to find the proper coverage and understand your policy details. We will also recommend ways for you to save with our wide range of products and discounts.

We can compare auto insurance quotes and much more!

ThinkInsure is much more than a comparison site for auto insurance rates. Unlike other comparison sites, we do not sell your quote information to insurance providers.

We want to help you with all your auto insurance needs. From getting the best rates and coverage to providing top level customer service, we will be there for you when you need help. We’ll work hard to save you money on your insurance year after year.

See Our Customer Reviews

ThinkInsure is a leading provider of Ontario car insurance coverage. We have helped thousands of Ontario drivers quickly get the coverage they need at the lowest rates. See what our customers are saying about ThinkInsure on Google.

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Our insurance brokers have access to all types of insurance coverage :

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