Compare cheap car insurance quotes in Ontario

The following types of car insurance are mandatory in Ontario – it is standard for all auto policies across the province to include these coverages. 

• Third-party liability – This protects you in the event you cause damage to other people or their property when driving. While it's mandatory across Canada, the minimum coverage required differs by province – you'll need at least $200,000 in other Ontario. Most drivers default to $1 million in coverage but you can also increase your limit further to $2 million for the additional peace of mind. 
  
  
• Accident benefits – Accident benefits covers the medical expenses if you’re injured in a crash – whether you’re at fault or not – paying for services outside of the provincial coverage, such as rehab, income replacement, and attendant care. In the worst case scenario, it can also cover the cost of funeral expenses. And this type of insurance can also extend to the injuries of passengers, pedestrians, and cyclists too. 
  
  
• Uninsured motorist – Uninsured motorist coverage protects financially against injuries you and your family members sustain in a crash caused by an uninsured motorist. It can also cover your vehicle damages, if the uninsured driver is able to be identified. If not, you'll need to rely on collision or comprehensive to foot the repair bill. 
  
  
• Direct compensation for property damage (DCPD) – If another driver is at fault in an accident, DCPD covers the damage to your vehicle and its contents, as well as loss of use of your vehicle while it's being fixed. If you're at fault, however, you'll need collision insurance to help cover the repair or replacement bill. Not all provinces run with DCPD insurance – this coverage only applies if the crash occurs where it's mandatory (which includes Ontario), if two or more insured vehicles are involved, and if both insurers are licensed within that DCPD province.

Here are a few optional coverages you can add to your Ontario auto insurance policy to increase your protection, as well as your peace of mind. 

• Collision insurance – This protects you against damages after a collision in Ontario and across North America where you're partially or wholly at fault. It covers you if your car is damaged in a crash – whether it's into another vehicle or you slam into a stationary object like a guardrail or tree.
  
  
• Comprehensive insurance – This protects you against any losses you may suffer from events while your car is parked, whether it's on a street, on a driveway, or in a garage. Such losses can include theft, vandalism, damage from an attempted burglary, and even environmental damage from floods, fallen trees, and hail.
  
  
• Emergency roadside assistance – This service covers you for roadside emergencies, such as dead batteries, towing, flat tires, keys locked in your car, and an empty gas tank. Many insurance companies offer roadside assistance either included or in addition to other coverages. You can also buy this separately from third-party providers like CAA, or you may have a credit card that offers roadside assistance. 
  
  
• Specified perils – This covers any financial losses from risks that you specifically name in your policy which can include fire, theft, vandalism, weather, explosions, riots, falling objects, and more. It's a cheaper option than comprehensive to name your perils explicitly, but it can also leave you exposed to risks you don't name.
  
  
• All perils – This combines both collision and comprehensive insurance with a little more coverage– it provides additional protection in the event a member of your household or an employee steals your vehicle.

You can also opt-in for various Ontario Policy Change Forms (OPCFs), also known as car insurance endorsements – let's take a look at four popular choices. 

• Loss of use (OPCF20) – This covers the cost of your temporary transit, such as a rental vehicle or taxi, while your car is being repaired or replaced due to an insured event.
  
  
• Liability for damage to non-owned vehicles (OPCF27) – This ports your existing auto insurance policy, including the coverages and limits, to a vehicle you rent or borrow.
  
  
• Removing depreciation deduction (OPCF43) – This removes depreciation when your insurer calculates the value of your car during a claims settlement. 
  
  
• Accident forgiveness (OPCF39) – This voids your insurance provider's ability to increase your premium after your first at-fault accident.