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Alexandra Bosanac
Written by Alexandra Bosanac About Alexandra Bosanac

Alexandra Bosanac, content manager at, focuses on auto insurance. She began reporting on this topic in 2017. Alexandra holds a bachelor’s degree in journalism from Toronto Metropolitan University. Prior to joining in 2021, she contributed to publications such as Canadian Business, the Toronto Star, the National Post, and the CBC.


Content Manager

Updated On May 9, 2024

How does Etobicoke auto insurance work? 

As a driver in Etobicoke, you must have auto insurance — it's the law in Ontario for all drivers. Etobicoke drivers can buy auto insurance from private companies through brokers, agents or directly from some providers.

A standard insurance policy includes third-party liability, statutory accident benefits, and uninsured automobile insurance. Etobicoke drivers can also buy optional car insurance beyond the scope of mandatory coverage, like comprehensive and collision insurance.

Mandatory & optional auto insurance coverages in Etobicoke


Insurance typeMandatory coverageOptional/ Additional Coverage
Third-Party Liability$200,000 minimum. Provides coverage in the event of a lawsuit resulting from an accident where you are at fault.Coverage can be increased to $500,000, $1 million, or $2 million, with up to $2 million limit.
Uninsured Automobile InsuranceProvides up to $200,000 in coverage if you are injured or killed by an uninsured driver, or if your vehicle is damaged as a result of a hit-and-run by an unidentified, uninsured motorist.Family Protection Coverage is an optional coverage that includes additional coverage of up to $1 million in the case of a hit-and-run by an uninsured motorist.
Statutory Accident BenefitsProvides coverage if you are injured in an accident, regardless of who is at fault. Covers medical expenses that aren’t covered by OHIP.Coverage limits can be increased.
Direct Compensation-Property Damage (DC-PD)OptionalDCPD is included in all standard insurance policies, but Ontario drivers can apply to remove it. DCPD pays to repair or replace your car if you're in a collision where the other driver is at fault. You lose this coverage by removing DCPD, as well as your ability to sue the other driver for repairs. 
Collision Coverage (Also Upset Coverage)OptionalCovers the costs of repairing or replacing your vehicle following a collision with another vehicle, an object, or property.
Comprehensive coverageOptionalCovers damages caused by named perils identified under the Specified Perils coverage, as well as losses from other perils like falling or flying objects, theft, fire, hail, windstorms, missiles, and vandalism.
Specified Perils CoverageOptionalCovers damages caused by named perils such as theft, attempted theft, explosions, natural disasters like fire, lightning, windstorm, hail, rising water, earthquakes, and other perils specified in your policy. Specified perils do not cover damages due to vandalism, breakage of glass, etc.
All-Perils CoverageOptionalCombines collision/upset and comprehensive coverage. Also, provides additional protection if a household member or an employee steals your vehicle.
OPCF 20: Coverage for Transportation ReplacementOptionalCovers the cost of your transportation replacement and rental car insurance if you were to get into a car accident or if your vehicle is stolen.
OPCF 27: Liability for Damage to Non-Owned Automobile(s)OptionalCovers if you damage a borrowed or rental vehicle. The coverage limit is usually around $25,000 to $50,000.
OPCF 39: Accident Waiver/ForgivenessOptionalProtect your premium from rising when you have your first at-fault accident.
OPCF 16: Suspension of coverageOptionalhis allows you to suspend your insurance coverage for 30 days or more during periods when you aren't using the car.
OPCF 43: Waiver of depreciationOptionalEnsures your insurance company won't factor in depreciation when settling a claim; you will receive the amount you initially paid for the car.
OPCF 44R: Family protection coverageOptionalEnsures your costs are covered if you and your family are involved in an accident with a driver with less liability insurance than you. This endorsement will cover the remainder.
OPCF 13C: Limited glassOptionalFor a lower premium, you can limit or exclude any coverage for glass damage that might've been in your policy.
OPCF 40: Fire and theft deductibleOptionalAdds a deductible (an amount you must pay before your insurance company chips in funds) for a theft or fire damage claim.

How much does car insurance in Etobicoke cost? 

Etobicoke is a diverse mix of residential, commercial and industrial areas. It borders Mississauga and Brampton and is close to Canada's busiest airport. It services those areas as much as it is home to people who commute to all corners of the Greater Toronto Area (GTA) for work.

According to Insuramap, the average Etobicoke auto insurance premium was $1,937.67 per year. It's slightly lower than the overall Toronto average (which included suburban areas) of $1,953. However, compared to Toronto proper, Etobicoke is a more expensive place to insure one's car. The metro Toronto premium was $1,783.95 — about $155 less than Etobicoke.

Why? Etobicoke is spread-out, and residents need a car to get around. Commuters, parents, young people, and logistics companies all share the roads. The collision risk is higher, which leads to larger insurance premiums.

In Toronto, people aren't forced to drive every day. They have the option to walk, bike, or take public transportation. Many people in the city core live in condos or smaller apartments that are less car friendly than the spacious driveways typical in Etobicoke.





Etobicoke car insurance rates by postal code 

Traffic ground to a halt when the COVID-19 pandemic hit. Etobicoke postal codes bordering Mississauga and some busy industrial areas, including Pearson International Airport, saw some of the largest yearly decreases at nearly 22%.

The average insurance rates in Etobicoke in 2020 reflect how many drivers were on the road pre-pandemic and the amount of risk associated with that density.

The postal codes beginning with M8 also have the cheapest premiums at $1,684 per year. The areas with the highest rates are the M9V and the M9W regions, with an average premium of $2,405 per year. The area that changed the least year-over-year in the M9C area, with an increase of just 1.23%. These areas are more residential and likely saw increased traffic as more people stayed close to home.

Etobicoke postal codeAvg. 2021 premiumAvg. 2020 premiumYoY change

Factors that influence your Etobicoke auto insurance premium

Your age

With age comes experience — at least, that's how Etobicoke car insurance companies see things. The younger a driver you are, the riskier you are, and the more your Etobicoke auto insurance premiums will be. Older, more experienced drivers will often see discounts assuming they have a good safety record.

The vehicle you drive

Not all cars are the same. Similarly, a higher-end vehicle will require more maintenance and is expensive to insure, given its value. Specific makes and models are a thief's dream and, as such, are costlier to insure and replace.

Lower-end cars that are more reliable and safer will be considered less risky by Etobicoke insurance companies. As a result, you may see lower rates for “average” cars that require no special treatment.

Where you live

Neighbourhood matters. Safer communities that are well-lit and have low crime rates will see lower Etobicoke auto insurance rates than neighbourhoods with a higher crime rate. Insurance companies offer discounts if you have an alarm system in your garage or other safety features to protect your vehicle.

Your driving record

Etobicoke car insurance companies will comb through yourdriving history to see if you are a safe driver with few or no infractions. The less of a risk you are to them, the lower your Etobicoke auto insurance premiums will be.

Your insurance history

Past claims will reflect your insurance premiums. Etobicoke auto insurance companies will want to know if you have a history of claims and how much risk you are to them. More claims equal higher rates.

The coverage options you choose to include in your policy

Etobicoke drivers must have basic insurance. But add-ons such as collision and comprehensive insurance will raise your Etobicoke auto insurance premiums.

Your policy's deductibles

By opting for a lower deductible, Etobicoke car insurance companies will have more to pay out in benefits than if you opt for a higher deductible. The more they have to pay, the more you pay them in insurance rates.

If you're bundling other insurance products, like home insurance

Much like your telecom service provider, bundling allows you to get many insurance services from one Etobicoke auto insurance company. Discounts are often part of the bundled packages since you're giving your insurer more business.

Gender and marital status

You may love the single life, but Etobicoke car insurance companies see you as a greater risk. Married people are considered more “responsible” and less risky to insure. Also, young males are the most discriminated against and considered the riskiest.

The number of claims the company has paid in recent years

Insurance payouts are costly. Etobicoke auto insurance companies need to make sure they have money in the bank to pay when it comes time to pay their policyholders' benefits. The more claims filed by drivers in the insurance pool, the more money is needed. This leads to higher Etobicoke auto insurance premiums for individual drivers.

What can I do to get cheaper car insurance in Etobicoke? 

Here are some tips to help you get cheaper car insurance in Etobicoke.


Shop around 

Comparison sites like can provide instant quotes that allow you to compare the top Etobicoke car insurance companies. Ontario’s car insurance regulator agrees. It's fast and easy, and you’ll start saving on auto insurance immediately.


Increase deductibles

For some coverages, auto insurance companies insist drivers pay some money upfront for a claim before receiving a benefits payout. That amount is called a deductible. The more you’re willing to pay, the cheaper your Etobicoke auto insurance will be. The lower your deductible and the more your insurance company has to pay, the higher your rate will likely be.


Make a lump sum payment 

Etobicoke auto insurance companies are happier when policyholders make lump sum payments for insurance premiums. It gives them the capital needed instead of a more drawn-out monthly premium payment. Some Etobicoke auto insurance companies will offer a discount for receiving the full payment upfront.


Bundle all policies 

The more business you provide to your Etobicoke car insurance company, the more likely they will give you a discounted rate. Many car insurance companies also offer home insurance. Buying home and auto insurance from the same provider is known as "bundling."


Insure all your vehicles 

Similar to the bundling tip, insuring more vehicles allows Etobicoke car insurance companies to offer discounts for your loyalty and increase business.


Change tires seasonally 

Because we live in Canada, the weather is a risk factor for drivers. Etobicoke car insurance companies will recognize a change to winter tires as it reduces the likelihood you'll be in a collision. They ultimately can lead to a discount and cheaper auto insurance.


Use a telematics device 

Insurance companies can install devices in your car (with your permission) to monitor your driving behaviour. The insurance industry refers to this technology as "telematics." The device records your driving patterns and allows insurance companies to reduce your rates based on your risk profile. However, having a telematics device can backfire. Ontario insurers can use the data to increase your rate if you start driving recklessly.


Ask about discounts 

It never hurts to ask questions. Beyond the age or tire discounts, Etobicoke auto insurance companies can offer car insurance discounts depending on your needs, vehicle, and more.


Driver’s education 

In the spirit of reducing risk, taking a driver's ed class can increase your skills and driving safety. Etobicoke auto insurance companies recognize that and offer discounts for drivers who take formal courses. And even if they don't, it is always good to sharpen your skills.

Compare quotes and save on Etobicoke auto insurance

For busy families, every dollar and every minute counts. While there are many ways to save on your Etobicoke auto insurance premiums, there is no more effective or faster way than by shopping around and comparing quotes. That's why families have been trusting to find Ontario's lowest car insurance rates since 1994. On average, Etobicoke drivers save $1,402* after comparing car insurance quotes with All it takes is a few minutes to get your quotes from our network of over 50 trusted Canadian insurance providers.

*Shoppers in Etobicoke who obtained a quote on from January to December 2023 saved an average of $818 per year. The average savings represent the difference between the shoppers’ average lowest quoted premium and the average of the second and third-lowest quoted premiums generated by

Frequently asked questions about Etobicoke auto insurance

How can I find the cheapest Etobicoke car insurance?

Finding the cheapest Etobicoke car insurance starts with comparison shopping on sites like With just a few clicks, you'll get the most up-to-date quotes from the top Etobicoke insurance companies.

Who has the best auto insurance in Etobicoke?

Auto insurance in Etobicoke is personal. Insurance companies judge you by your driving habits, needs, neighbourhood, and the make and model of your car. Not only that, but insurance companies have different tolerances for risk. Company A might offer you a lower rate than Company B.

Luckily, drivers have an array of insurance companies to choose from in Ontario's insurance market — take advantage by comparing rates from multiple insurance companies before locking into a policy. gives you quotes from 50+ insurance providers in the time it takes to get one.

Can I get car insurance in Etobicoke as a newcomer?

All drivers in Etobicoke need auto insurance.

First, you’ll need a valid driver's license. If you're licensed in your home country, you have a 90-day grace period from the time you arrive in Ontario to change over your license. Some countries have a licence exchange agreement with Ontario, meaning you can swap licences immediately. If your home country doesn’t have an agreement with Ontario, you can still get credited for your driving experience. You may, however, be asked to take a driving test.

After you've crossed the licensing hurdle, you can get insurance. Some Canadian insurance companies might not count your driving experience, forcing you to start from square one, but some will. It helps to have proof of your insurance history from your previous provider.

There are dozens of auto insurance companies to choose from in Ontario. will help you find the insurance company that can offer you the lowest rate.

About the Author - Alexandra Bosanac

Alexandra Bosanac, Content Manager

Alexandra Bosanac, content manager at, focuses on auto insurance. She began reporting on this topic in 2017. Alexandra holds a bachelor’s degree in journalism from Toronto Metropolitan University. Prior to joining in 2021, she contributed to publications such as Canadian Business, the Toronto Star, the National Post, and the CBC.


Read more about the author