How Much Is Car Insurance In Toronto

Savings are calculated by deducting the lowest available quote from the second lowest available quote.
How much is car insurance in toronto. Overwhelming the most popular vehicle in the city is the honda civic. Toronto drivers pay a lot for auto insurance but you can help bring the average down. Based on toronto auto insurance quotes in the last year we ve observed the following. Get a personalized car insurance quote today and see how much you can save.
Some insurers offer discounts and cost savings if you pay your policy in full annually. If you get caught driving without insurance the minimum punishment is a fine starting at 5 000. We all love toronto it is a sprawling metropolis with a population of 6 13 million people which represents approximately 44 percent of the population of ontario 13 8 million making it the largest city in canada and the fourth largest in north america statistics canada 2016 in fact ontario is home to more drivers than any other province. The lowest cost areas inside toronto s city limits.
Toronto s high auto insurance premium problem. To help you better understand how much insurance rates can fluctuate based on these factors it can help to look at an example. In 2019 the average savings for toronto drivers were 510 63. It s as simple as that to find the cheapest rate for the coverage you need.
Rounding out the top five are the honda accord. Car insurance is mandatory in toronto and you must have valid insurance in order to operate a vehicle. Finding the best auto insurance rate in toronto. Working with a broker makes comparing auto insurance quotes so much easier and stress free.
However this task can be difficult and time consuming. Finding ways to lower your rates. Compare auto insurance quotes in toronto. This number represents the average of all toronto quotes completed on our site excluding drivers who are deemed high risk due to previous traffic convictions.
Why not let us do it for you. Toronto drivers love their honda civics. Whereas the average person in ontario will pay less than 2 000 annually for car insurance a male driver under the age of 25 living in toronto could pay 3 to 4 times that average. How much is car insurance in toronto.
The cost of car insurance in toronto is 3 090 per year according to our user database. Based on the annual average cost of toronto car insurance 2 071 annually drivers can expect to pay 172 58 per month in toronto for car insurance. It outnumbered its closest rival the mazda mazda3 in auto insurance quotes by almost two to one. Finding the best auto insurance rate in toronto doesn t have to be onerous.