We're raising our families in Toronto just like you, so we understand the high car insurance rates Toronto drivers face. That's why we're proud that InsuranceHotline.com has been helping drivers save money by providing online car insurance quotes from over 30 competing insurance companies since 1994. Our network of brokers and insurance agents provides you with instant, free, real-time Toronto auto insurance quotes to help you easily compare and find the best rate available today.
It's how we protect our cars and our families, and how millions of other Canadians protect theirs too. Completing a quote takes less time than your coffee order and there is absolutely no obligation to buy. Save time and money by comparing rates today.
3. Pick Your Price
Choose your plan from your custom list of great rates. It pays to shop around!
|Western Assurance Company||$1274|
|Royal & SunAlliance||$1503|
|Range of quotes $498|
|Dominion of Canada||$1452|
|Range of quotes $186|
|Pembridge Insurance Company||$1402|
|Range of quotes $640|
|Royal & SunAlliance||$1461|
|Intact Insurance Company||$1503|
|Western Assurance Company||$1515|
|Range of quotes $66|
When it comes to determining your auto insurance rates, where you live matters. Your insurance company takes into consideration the likelihood of a claim occurring not just in your city, but in your neighbourhood too. Toronto and the GTA have a number of unique circumstances that contribute to higher car insurance rates.
Generally speaking, the more vehicles on the road in your area, the higher your risk factor of having to file a claim.
Toronto is a busy and growing metropolis. According to the 2016 Census, 2.7 million people live in the City of Toronto, of which 575,260 (approx. 46 per cent) use their vehicle to drive to work. Your commute is another variable that factors into your auto insurance rate, including the average kilometres your drive each year.
Toronto is part of Ontario, which is notorious for having the highest auto insurance rates in the country. This is in part a result of the significant amount of fraud that happens in this province. According to the Ontario Auto Insurance Anti-Fraud Task Force, the majority of instances of insurance fraud happens in the GTA, putting Toronto drivers at higher risk.
Unfortunately, some of the cost of this fraud is passed onto drivers in Toronto (and across the province) through higher than average auto insurance rates.
This is why it's so important to compare car insurance quotes in Toronto. With so many variables at play, rates can fluctuate widely from one insurance provider to the next.
We ran the numbers, and based on quotes completed on InsuranceHotline.com, found that drivers in Toronto paid an average of $1,864 in auto insurance premiums in 2017, or approximately $155 a month.
If you haven't yet checked to see how much you could be saving, complete a quote today. It takes less than five minutes and pulls rates from 30+ insurance providers in the same amount of time it takes to make a coffee or allow your tea to steep. Find out how much you could save today.
Toronto drivers saved an average of $128 on their car insurance premiums in 2017 (that's almost equivalent to one free month of auto insurance) by comparing quotes on InsuranceHotline.com.
The best way to find out how much you could save is to compare Toronto auto insurance quotes today.
Very few things will drive up your auto insurance premiums faster than causing an accident. If you're living in the city of Toronto or frequently drive in it, you need to be aware of the local laws so you can avoid hurting yourself, others, your driving record and/or your insurance history.
Here are some things to be mindful of when driving in Toronto:
On average, InsuranceHotline.com shoppers save $450 after comparing car insurance quotes with us.
Increase your deductibles
Save five to 10 per cent by increasing your deductibles to $1,000 if they’re currently sitting at $500.
Pay your premiums all at once
Pay your premiums annually, instead of monthly, to avoid administrative fees that often come with monthly payments.
Bundle your policies
Save five to 15 per cent when you buy your home insurance from the same company that covers your car.
Insure all vehicles, together
If you have more than one set of wheels, save up to 10 to 20 per cent by insuring them on the same policy.
Change your tires seasonally
Let your insurer know if you have winter tires. A winter tire discount could save you about five per cent.
Review your policy annually
Each year, review your optional coverages. If they’re no longer needed, this is one way to shave off some costs.
Ask about discounts
There are oodles of discounts. Ask your provider about the ones they offer. You never know what you might find.
Encourage young drivers to take driver’s training. The insurance savings typically offsets the cost of the course, in the first year.
Your key to savings is to find the car insurance company that offers the lowest rate available. Busy families don't have time to call the plethora of Toronto car insurance companies to get comparative quotes. This is why getting instant online Toronto car insurance quotes saves you time and money.
Compare rates from more than 30 trusted Canadian insurance companies in the same amount of time it takes to get just one quote.
Average car insurance savings for drivers in Toronto in 2017: $128
Average car insurance premiums paid by Toronto drivers in 2017: $1,864
Most popular vehicle insured by married couples: 2017 Volkswagen Jetta 4DR
Most popular vehicle insured by singles: 2017 Honda Civic EX 4DR
Percentage of drivers in Toronto who have had no accidents in the past 10 years: 90%
Percentage of Toronto drivers who have taken an accredited drivers training course: 49%
Average annual mileage for drivers in Toronto: 13,178 km
Percentage of drivers in Toronto who use their vehicle for business reasons: 6%
Here's a bit more insight into exactly what's involved in using InsuranceHotline.com to getting cheaper car insurance in Toronto.
The first step to locking in extra savings for your Toronto auto insurance is to fill out our easy step by step quote form.
The entire process takes 5 minutes or less and at the end you are instantly provided with the lowest Toronto car insurance quotes available from our network of licensed insurance professionals. It really is that simple.
Our unbiased search technology takes your profile and compares your rate against more than 30 Canadian insurance companies to help find you a lower insurance rate in Toronto. Try it now & join the more than 1 million Canadians who have used our service to lock in car insurance savings.
Once you have your Toronto car insurance quote, the next step is to lock in your savings by speaking to a professional insurance broker or agent directly.
Our drivers have told us that they prefer speaking with an actual human who can answer their questions, which is why we connect you right away with a licenced professional in Toronto who can help get you setup with your new policy.
We make the entire process of shopping for Toronto auto insurance quick and easy so that you can get back to your day. Life can be busy and complicated. Shopping for the best car insurance doesn’t need to be. Not anymore.
Saving money on your car insurance today is great, but why not extend the benefits beyond your initial quote?
At InsuranceHotline.com we can actively monitor our network and alert you when a better rate becomes available. Our rate alert service is free, non-intrusive, customizable and occurs every 3 to 6 months depending on your level of preference. Just like mortgage rates, car insurance premiums in Toronto can change frequently. We help you stay informed and we will even remind you when it’s time for your next auto insurance renewal, which is the perfect time to compare again and save.
Have anymore questions? Check out the FAQs on our main car insurance quotes page.