Cheapest Car Insurance Ontario Canada
Car insurance costs vary considerably throughout the country.
Cheapest car insurance ontario canada - While the province no longer holds the title of most expensive auto insurance in the country that award now goes to british columbia ontario drivers still face rates higher than the majority of canadians. The average cost of an insurance policy for an ontario driver is 1 505 according to 2020 estimates from the insurance bureau of canada. Only during 2018 more than 830 000 new vehicles were delivered to customers.
Car insurance in ontario and across canada is a requirement for all drivers but there are some provincial differences in coverage requirements. Use our comprehensive guide to reducing your insurance payments using several tips that can add up to big savings. According to the insurance bureau of canada the average annual car insurance premium for ontario is 1 445.
Nissan canada has three offers in the top 10 cheapest car in canada under starting msrp of 16 370 cad. That s why it s so important to compare quotes online. The chevy cruze is the first compact car to make the list for cheapest cars to insure in ontario in 2018.
See how this compares to the province s most expensive cities for auto insurance. So if you have a car new or used here is our list of the cheapest cars to insure in ontario. Not only does ontario have more drivers than in any other province in canada it also has some of the highest car insurance costs.
Brampton 2 494 72 60 higher than average 2. That s an achievement considering how small it is. Car insurance estimator tools geared for canadian drivers require less information but this also makes them less accurate.
How car insurance coverage works in ontario. The average monthly car insurance cost in ontario is approximately 120 according to the insurance bureau of canada. Where many other vehicles on this list get high safety ratings for their natural size the cruze remains cheap to insure through its design even as a compact car.
Cheapest car in canada for 2020. Car insurance is one of the biggest regular costs of owning a car. The following list goes from starting msrp 9 988 to 16 370 for the first 10 cheapest cars in canada.
With more than 14 million habitants almost the 40 of all canada ontario is the province where most cars are sold in the entire country. The winner or cheapest in this case is the nissan micra and at the same time the smallest. Ontario auto insurance is provided by private insurance carriers and available coverage is broken down into two categories mandatory and optional.
Vaughan 2 128 47 27 higher than average 3. Cars that required by the law must have insurance to be on the roads. The 10 most expensive cities for ontario car insurance.
You can save or cost yourself a lot of money depending on how your is insurance policy is set up.
