Average Car Insurance Ontario By City
The average car insurance policy in ontario costs 1 920 per year compared to the canadian average of 1 320.
Average car insurance ontario by city - One of the most expensive places to purchase car insurance in canada is without a doubt ontario. That number is more than 80 cheaper that the most expensive rate in brampton 2 393. Because quotes vary for every individual comparing rates is often the best way to find savings on car insurance.
Meanwhile the province with the lowest insurance costs is quebec with an average of 717 according to the ibc. The average cost of a car insurance policy is 937 per year or 78 per month for a policy that meets the minimum requirements of each state. However car insurance rates vary significantly across canada.
Eastern ontario fares the best. Car insurance rates across ontario are decreasing but not as much as promised by the liberal government and they vary wildly between cities. But the price of your policy will be unique to your situation.
The average car insurance in ottawa is about 1150 annually. Which ran quotes for every city in ontario based. The average car insurance in london is about 1300 annually.
Lowestrates ca 1910 yonge street suite 401 toronto ontario canada m4s 3b2. For example the average car insurance rates in ontario are 1 920 per year but annual insurance premiums are only 912 in quebec and. Driving up and down the 401 doesn t come cheap.
Applying the round number 10 figure to this sample price would see the cost rise by approximately 150 to around 1 650. Car insurance cost is significantly higher than the cost of house insurance and it s even higher than most life or health insurance premiums. Kingston napanee and belleville have the lowest.
According to the ibc ontario has an average cost of auto insurance which sits at around 1 505. The four cities mentioned had an annual auto insurance average of 1 014. There are many factors that contribute to a city s average auto insurance rates.
The cheapest car insurance area in ontario is the north eastern area of the province. Ontario the most populous province is the second most expensive province when it comes to car insurance. Here are the average car insurance costs for ontario cities.
According to studies ontario motorists pay 1 500 annually on average for their car insurance while people from other parts of the country pay rates down to 650. Cities such as kingston and belleville average about 1000 per year.