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The Best Selling Cars in Canada (and the cost to insure them)

Tyler Wade

Every year we’re inundated with lists of the best selling cars in Canada – any vehicle type from trucks, to cars, to the SUV’s – and which are the most popular, the top-selling, the best for dependability, or the best for performance.

We decided to take the top ten list of best selling cars in Canada to figure out which of these vehicles are the cheapest for car insurance. The problem when you buy or lease a vehicle is we typically look at the monthly car payments, the fuel efficiency to save on gas, and maybe the cost to maintain the car. We often forget about insurance, despite it being one of your vehicles’ biggest expenses.

We took this list of best selling cars in Canada, broke them down into their respective categories, and then changed their rating in terms of the cost to insure the vehicle.

The best selling cars in Canada are as follows:

  1. Ford F-Series
  2. Dodge Ram 1500
  3. Honda Civic
  4. GMC Sierra
  5. Toyota RAV4
  6. Chevrolet Silverado
  7. Honda CR-V
  8. Toyota Corolla
  9. Ford Escape
  10. Hyundai Elantra

*list provided by

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The make and model of your car are important factors when researching car insurance quotes. With that in mind, we thought it best to break down the list into their respective categories to get proper comparisons.

Best Selling Sedans in Canada

  • Hyundai Elantra
  • Toyota Corolla
  • Honda Civic

Best Selling SUVs in Canada

  • Ford Escape
  • Honda CR-V
  • Toyota RAV4

Best Selling Trucks in Canada

  • Chevrolet Silverado
  • GMC Sierra
  • Dodge Ram 1500
  • Ford F-series

Then, to understand and properly compare these cars based on their insurance premiums, we used a control – a 35-year-old male with a clean driving history. He has winter tires, a 25km commute, and will put about 10,000-15,000 kilometres driving his car every year.

Also, because another factor affecting your premium is where you live, we decided to use postal codes from Toronto, Oakville, Brampton, Ottawa, and London to get an average of Ontario car insurance quotes thus eliminating any postal code discrimination.

Cheapest cars to insure in Ontario

The cheapest insurance among the best selling cars in Canada goes to the Hyundai Elantra. The Honda Civic was a close second, followed by the Toyota Corolla. The gap between them ranged from as low as $3, but as high as $19 every month depending on the postal code.

When buying a car, the opportunity to save up to $228 per year on auto insurance may be an enticing factor when deciding which car to buy.

On another note, the Ottawa car insurance quotes were the lowest for all 3 cars across the cities, by as much as $110 per month.

Cheapest SUVs to insure in Ontario

The cheapest insurance among the best selling cars in Canada for SUVs goes to the Honda CR-V with an average Ontario car insurance price of $146 per month. The Ford Escape comes in second place at just over $5 extra per month in car insurance premiums or $60 per year. The Toyota RAV4 finishes third at a rough average of about $16 more per month for the cost of car insurance. The greatest discrepancy was found in Brampton where a Toyota RAV4 would cost you an extra $216 per year in auto insurance premiums. Ottawa wins for the cheapest car insurance for the five Ontario cities rated as the top 3 best selling SUVs in Canada.  

Cheapest Trucks to insure in Ontario

Of the trucks in the list of the best selling cars in Canada, the one that is the cheapest to insure is the GMC Sierra 1500, but really, the cost difference between each truck’s insurance is not significant enough to sway your buying decision.

All 4 trucks come in at reasonable and competitive pricing in regards to car insurance. The cheapest truck to insure is the Dodge Ram 1500 at $80 per month, but it comes with a big caveat, you have to live in Ottawa. If you live in Brampton, you’re doubling the cost of monthly car insurance payments to around $160.

Here are the best selling vehicles in Canada which are the cheapest to insure

  1. GMC Sierra 1500
  2. Dodge Ram
  3. (tie) Ford F-150/Chevrolet Silverado
  4. Honda CR-V
  5. Ford Escape
  6. Toyota RAV4
  7. Hyundai Elantra
  8. Honda Civic
  9. Toyota Corolla

There are many factors that go into a car insurance quote. An insurance provider will look at your individual demographics, your personal driving activity and history, as well as the make and model as this article points out.  

The type of coverage you choose will also impact your car insurance premium – if you’re buying one of these new cars, you should consider adding collision and comprehensive car insurance to your auto insurance policy which would cost more.

Finally, after you receive your quote, make sure to ask about applicable car insurance discounts. For instance, if you bundle your car insurance with your home insurance, you could save 15%. There are also discounts for being a member of a union or professional organization and loyalty discounts if you remain with the same insurer – you should always ask your insurer which discounts they offer and which ones you might be able to use to your advantage.  

Our goal with this article is to get you thinking about car insurance when buying a car since it can be a significant cost. Car insurance pricing is personalized to you, so the smartest thing you can do is buy a car with insurance in mind. It can save you a lot of money every year. Happy shopping!



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