Car Insurance in Toronto

If you’re set up for automatic renewal, your policy may roll over without you lifting a finger. If not, just let your provider know by phone, email, or in person that you want to renew. Don't forget to review your current coverage to make sure it still fits your needs.

Most of the time, yes. An at-fault collision in Toronto can lead to higher insurance rates. The exception is if your policy includes accident forgiveness and it’s your first at-fault crash. Accident forgiveness is an optional add-on many Toronto drivers choose to help protect their rates in a city where bumper-to-bumper traffic often leads to fender-benders.

Not usually. While insurance helps replace a stolen car with comprehensive coverage, if your phone, laptop, or wallet is taken from inside, that’s typically not covered by auto insurance. Personal belongings are generally covered by your home or tenant insurance.

Yes. To insure your vehicle in Toronto, you’ll need a valid Ontario driver’s licence. If you’re adding other drivers to your policy, like a spouse or child, you’ll need their licences, too.

Car insurance brokers in Toronto can help you find everything from mandatory coverage in Ontario to optional auto insurance coverage, like comprehensive, collision, and accident forgiveness. They can also help tailor policies for different drivers, whether you’re a new G2 driver in North York or a senior commuting from Etobicoke for family visits.

Yes. You can request a free quote online, over the phone, or in person with a broker. A Toronto broker can compare cheap car insurance rates across multiple providers to help you find a competitive price for your neighbourhood and driving habits.

Luxury cars and high-value models usually generally cost more to insure, since they’re more expensive to repair or replace. That said, Toronto insurance rates depend on so much more than the type of car you drive, which is why two drivers in the same neighbourhood can see very different premiums, even with the same car.

You can lower your car insurance premiums in Toronto by choosing a high policy deductible, bundling insurance policies together, or taking advantage of auto insurance discounts like student discounts, winter tire discounts, telematics discounts, group insurance discounts, and more.

Yes. In Toronto, insurance follows the vehicle, not the driver. So, if someone has an accident in your car, your car will still be covered, as long as the driver was not doing something illegal or if they’re listed as an excluded driver on your policy.

Yes. A speeding ticket is a driving infraction, and once it’s on your record, it can raise your premium. The rate increase usually shows up at your next policy renewal. With enforcement cameras on the Gardiner, Allen Road, and school zones across the city, Toronto drivers should take care to adopt good driver habits to avoid those fines.

Insurance companies are constantly underwriting behind the scenes. They review risk factors every year, which is why you may see increases even without claims. City-wide issues like rising repair costs, more theft claims, or provincial rule changes can also affect Toronto premiums.

On average, car insurance in Toronto costs about $220 per month, which is about 31.5% higher than the provincial average. This is based on FSRA’s October 2024 data, which reported an annual premium of $2,638 in the GTA. Your own rate, however, will depend on factors like your neighbourhood in Toronto, your driving history, the vehicle you drive, and the coverage you choose.

There isn’t one universally cheapest car. Two Toronto drivers with the same vehicle can pay very different premiums based on their records, addresses, and experience. We suggest you pick a car you like, then ask a broker to help you find the most affordable policy available.

There isn’t one single ‘best’ car insurance company in Toronto. The right choice depends on your needs. Each company offers different products and strengths, which is why we recommend working with a broker. A broker can compare multiple companies on your behalf and match you with coverage that fits your budget, driving habits, and lifestyle.

Everyone who drives in Toronto needs car insurance. The easiest way to shop is through a local broker, who can compare multiple insurers and find affordable coverage that actually fits your needs.

Heavy traffic means a higher risk of collisions, which can lead to higher car insurance premiums. Insurers look at how often and where you drive, so if you're regularly stuck on the Don Valley Parkway or Gardiner, or if you spend a lot of time driving up and down Yonge Street, your rates may reflect that risk.

The three mandatory coverages in Toronto are liability, accident benefits, and uninsured automobile coverage. You can also purchase additional coverage like DCPD, collision, comprehensive, and accident forgiveness.

Heavy traffic means a higher risk of collisions, which can lead to higher premiums. Insurers look at how often and where you drive, so if you regularly use the Don Valley Parkway or Gardiner, or if you spend a lot of time driving up and down Yonge Street, your rates may reflect that risk.

Generally, yes. Downtown areas tend to have higher car insurance rates due to heavier traffic, higher theft rates, and more collisions. Suburban neighbourhoods usually have a lower risk of both and lower premiums to match.

Toronto Police data shows West Humber-Clairville, York University Heights, and Etobicoke City Centre had some of the highest vehicle theft rates between 2020 and 2024.

Not directly. But if you regularly drive through event-heavy or high-traffic areas, they may take that into consideration. Plus, these areas can increase your risk of fender benders, which could impact your insurance rates if you file a claim.

Yes. You can ask about winter tire discounts, student discounts, low-mileage discounts, multi-policy bundles, or usage-based programs. Many Toronto drivers also save by combining their home and auto insurance under one policy with the same insurance provider.

Generally, yes. Longer daily commutes, such as commuting from Toronto to Mississauga, mean you're spending more time on the road, which increases your risk of collisions and usually raises your premiums.

No, occasional out-of-town trips usually won’t affect your car insurance premiums. However, you should let your broker know if it becomes a regular habit. They can help make sure your coverage fits your updated driving patterns.

They don’t change your rate directly, but they can contribute to congestion or accidents. If a detour plays a role in a collision, it may be relevant in your insurance claim.

Snow, ice, and freezing rain make driving riskier and collisions more common. That's where additional coverage, like collision and comprehensive, along with winter tires (which can earn you a discount), can help you stay protected in and around Toronto.

Yes. In 2024, Toronto Police Services reported the highest car theft rates in West Humber-Clairville, Etobicoke City Centre, and York University Heights. This means that if you live or work in or near these areas, it could lead to higher insurance rates.