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Compare cheap car insurance quotes in Ontario

In less than five minutes, compare personalized car insurance quotes from Ontario's top providers – your lowest rate is just a few steps away.

How to compare Ontario car insurance quotes with Ratehub.ca

  1. Share information

    Tell us a little about yourself and your auto coverage needs.

  2. Compare quotes

    We instantly show you auto insurance quotes from top Canadian providers.

  3. Save money

    Choose your quote and secure your car insurance rate online.

Recent Ontario car insurance quotes from Ratehub.ca

Thousands of drivers across the province come to Ratehub.ca weekly, looking to uncover savings for their next car insurance policy. Here are a few sample quotes Ontario users received from us on February 11, 2024 – to find out how much (or how little) you could be paying, take advantage of our free auto insurance quote comparison tool today.

  • $117/month

    Ottawa car insurance

    for a 52-year-old male, driving a 2024 Hyundai Tucson

    get a quote
  • $118/month

    Kitchener car insurance

    for a 38-year-old male, driving a 2020 Volkswagen Tiguan

    get a quote
  • $138/month

    Windsor car insurance

    for a 35-year-old male, driving a 2024 Ford Mustang

    get a quote
  • $192/month

    Toronto car insurance

    for a 32-year-old male, driving a 2020 Mazda CX-30

    get a quote

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Is car insurance mandatory in Ontario?

Car insurance in Ontario – as well as the rest of Canada – is required by law. It's there to protect you financially from all different driving-related incidents, such as liability claims, medical needs, and vehicle damage. Without it, you could see a fine anywhere between $5,000 to $50,000, your license may be suspended, and your car could be impounded.

How does car insurance work in Ontario?

Ontario runs on a no-fault auto insurance system. This doesn't mean that you'll never be found at fault for a driving incident. Instead, it means that drivers look toward their own insurance companies for compensation after an accident, regardless of fault. 

Auto insurance in the province is provided by private insurance companies, but the Financial Services Regulatory Authority of Ontario (FRSA) is there to ensure rate increases are substantiated. The agency exists to protect consumer rights and review complaints when insurers aren't following the rules.

Recent Ontario auto insurance news

As incidents of vehicle theft continue to rise, some Ontario auto insurance companies are taking matters into their own hands – by asking policyholders to install anti-theft tracking devices, such as Tag.

According to a recent article from CTV News, one local driver received a letter from their insurance provider, TD Insurance, claiming that he must install an anti-theft device or face a significant rate increase otherwise. While the insurer agreed to reimburse the cost of the installation, the ask still came as quite a shock.

Other companies have also asked customers who drive highly stolen vehicles to install tracking devices. This includes Aviva Canada, Intact Insurance, and Desjardins Insurance.

As insurers attempt to minimize losses from auto theft, the hope is that these devices will ultimately contribute to the reduction in auto insurance premiums for customers. The effectiveness of such measures offers a promising outlook for the fight against car theft within Ontario – but only time will tell as to whether this will actually help drivers (and of course, insurance companies) in the long run.

read more about anti-theft devices

Standard types of car insurance in Ontario

In Ontario, a basic auto insurance policy comes with four different coverages – let's take at the minimum requirements you need to carry.

Third-party liability


Accident benefits


Uninsured motorist


Direct compensation for property damage (DCPD)


Optional types of car insurance in Ontario

Along with the four basic coverages, you can also increase your protection with optional add-ons – here's a quick overview of common choices for Ontario drivers.

Collision


Comprehensive


Specified perils


All perils


Emergency roadside assistance


Endorsements (Ontario Policy Change Forms)


Are you getting the best price for Ontario auto insurance?

In less than five minutes, you can compare multiple car insurance quotes from Ontario's top providers, free of charge.

The average cost of car insurance in Ontario

According to the Financial Services Regulatory Authority of Ontario (FSRA), Ontario's average annual auto insurance premium as of October 2023 was $1,796. Drivers in the GTA saw an average of $2,391 while those in rural areas paid an average of $1,404. We decided to take it a step further and break down the average cost of car insurance in the province based on our own user data.

Last updated in January 2024 – quotes are representative of the average monthly rate Ratehub.ca users received and expressed an interest in within the last 30 days.

Average monthly quote by age and gender


Average monthly quote by Ontario city


Average monthly quote by vehicle make


Factors that impact your Ontario car insurance quote

Aside from your coverage options and your policy limits, there are many individualized factors auto insurance companies look at when calculating your quote. Here are a few you should be aware of, plus some interesting Ratehub.ca user statistics from January 2024.
 

  • Age

    The younger you are, the more expensive your auto insurance will be. Based on our data, the average Ontario driver comparing quotes is 38 years old.

  • Gender

    Males tend to face higher auto insurance premiums than females. Our Ontario user demographic breakdown is about 62% male and 38% female.

  • Location

    High-risk areas come with high-rate insurance. Our Brampton users see the most expensive rates, with the average being $434 per month.

  • Vehicle type

    Cars that cost more to replace, cost more to protect. Based on our average rates, the Kia Sportage is one of the cheapest vehicle to insure.

  • Driving history

    Getting ticketed doesn't just hurt your record – it can also hurt your insurance. According to our Ontario data, 8% of users have a conviction.

  • Driving behaviour

    The more you drive, the more your insurance rate drives up too. On average, our Ontario users commute 14 km each day.

  • License class

    Insurers value experience, so fully-licensed drivers receive the cheapest car insurance rates. 86% of our Ontario users have their G license.

  • Vehicle use

    Business-use cars are more expensive to insure than pleasure-use ones. 92% of our Ontario users come to us to insure a pleasure-use vehicle.

How to get cheap car insurance in Ontario

  1. Shop and compare

    You won't know which Ontario insurer offers the cheapest premium until you shop around – thankfully, comparing quotes is free with us.

  2. Bundle your policies

    Insuring multiple products (e.g. car, house, condo, boat) under one provider is a great way to rack up some savings.

  3. Get a multi-car discount

    If you own more than one car, insuring them together under one policy, instead of purchasing coverage separately, can lead to substantial savings.

  4. Track your driving

    Tracking your driving with usage-based insurance (or telematics) is ideal for safe, low-range drivers – you'll be rewarded for exhibiting good habits.

  1. Keep a clean record

    Traffic convictions and at-fault accidents inevitably lead to higher rates. So stay safe on the road to maintain your cheap insurance.

  2. Install winter tires

    Ontario winters don't always come with the safest driving conditions – some insurers offer a discount for installing the right tires.

  3. Increase your deductible

    Your deductible is the amount you'll be paying before your insurer provides the rest. Higher deductibles lead to cheaper auto insurance.

  4. Get a group rate

    It never hurts to ask about group discounts. Many providers offer lower rates for corporation members and special alumnus.

The inflation of auto insurance in Ontario

According to the Consumer Price Index from Statistics Canada, auto insurance premiums for passenger vehicles increased by 5.9% nationwide year-over-year in December 2023. Ontario drivers, on the other hand, saw a 9.7% increase. To combat the added cost, make sure you shop the market with us today.

learn more about inflation

How Ratehub.ca users are saving on Ontario auto insurance

When comparing car insurance quotes with us, opting for usage-based insurance and auto-home bundling are two additional steps you can take to ensure you're getting the cheapest rate possible. Here's what we found when looking at Ratehub.ca Ontario user data from January 2024.

48% of Ontario users opt-in for telematics – When exhibiting safe driving habits, drivers can save between 10 to 30% by participating in a telematics (or usage-based insurance) program. Keep in mind, however, that you may also see a surcharge in Ontario if you're deemed a risky driver. 

32% of Ontario users opt-in for auto-home bundling – Every P&C insurer offers its own version of a bundling discount (typically up to 25% off), so be sure to opt-in if you're also looking for property coverage. And the savings aren't just limited to your car policy – you'll see a discount on your home insurance too. 

48%

of Ratehub.ca users opt-in for telematics.

32%

of Ratehub.ca users opt-in for auto and home bundling.

The best car insurance companies in Ontario

The best auto insurance provider for yourself will be the one that meets all your coverage needs for the lowest rate possible, so be sure to research all your options carefully. Here's a quick overview of some of the top car insurance companies across Ontario.

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Frequently asked questions about Ontario auto insurance

How much is car insurance in Ontario?


Who can drive my car under my insurance in Ontario?


Do I need auto insurance in Ontario?


Does my Ontario car insurance cover me if I drive for Uber or Lyft?


Can you register a car without insurance in Ontario?


How do I report a claim in Ontario?


Why does car insurance in Ontario cost so much?


Is roadside assistance required in Ontario?


How long do driving offences last on my driving record in Ontario?


What is the cheapest car insurance company in Ontario?


What insurer offers the best car and home insurance bundle in Ontario?


How do you get car insurance in Ontario?