Auto Insurance
We’ll do the shopping for you to find you the best prices on auto insurance in Ontario. We’ll make sure you know exactly what’s covered and what’s not, so you feel completely comfortable with your policy and rate.
Auto Insurance
Your vehicle gets you everywhere. Make sure your insurance does too.
Personal auto insurance is about more than simply checking a box because the law requires it. It protects you, your vehicle, your passengers and your financial future when something goes wrong on the road.
Your policy can provide third-party liability coverage if you injure someone or damage their property, as well as protection for your own vehicle through coverages such as collision, comprehensive and specified perils. Depending on your policy, you may also have coverage for increased accident benefits, rental vehicles, waiver of depreciation and transportation expenses such as rental vehicles.
And accidents aren't the only concern. A vehicle can be stolen, vandalized, damaged by hail, or become undriveable after a collision. The right coverage can help get you back on the road without turning an unfortunate day into a financial disaster.
You can't control what happens on the road. You can control whether you're properly insured when it does.
Auto insurance in Ontario. What’s covered?
If you drive in Ontario, you’re required to have at least the mandatory minimum insurance coverage:
Third party liability
If you have an at-fault accident, you can be sued for property damage or hurting someone. Covers court awards, out-of-court settlements and legal fees. Minimum $200,000 coverage. We recommend $2M.
Direct compensation
If another driver is at fault for an accident, direct compensation – property damage (DCPD) coverage pays to repair your vehicle, with no deductible. Also covers any stuff in your vehicle and a rental car.
Accident Benefits
Covers medical costs beyond government health plans. Includes rehab, attendant care. The majority of this coverage is required, but there are options.
Uninsured auto
If you get in a car accident with a driver who doesn’t have insurance, uninsured automobile coverage allows you to recover damages in court or out-of-court as if they did. It also covers hit-and-runs.
Other options to consider
Family protection
Although not a requirement, the OPCF44R endorsement is on almost all of our policies. It protects you and eligible family members if injured or killed by an at-fault, inadequately insured, or uninsured driver.
Comprehensive
Comprehensive coverage pays to repair or replace your vehicle if it’s stolen or damaged by fire, vandalism, extreme weather, or flying debris on the road.
Waiver of Depreciation
OPCF43. It protects the vehicle’s original purchase value for a specified period, meaning if the vehicle is written off due to a covered loss, depreciation generally won’t reduce the amount used to settle the claim.
Collision coverage
Collision coverage pays to repair or replace your car after an accident. For a small additional premium, loss of use coverage pays for a rental while your car’s in the shop.
All perils
This coverage is a bundle of the comprehensive and collision coverage with some additional perils included as well. Often a good option for financed or leased vehicles.
Rental car coverage
For not at-fault claims, this coverage is already included. For at-fault claims you need to have separate coverage listed. It will have a monetary coverage limit or number of days available following an accident.
Frequently asked questions about auto insurance
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Ontario drivers pay an average of $1,500 to $2,000 annually for auto insurance–at least 50% more than other Canadians. Claims costs are also higher. Rates vary significantly by city, with averages as low as $1,000 in Kingston, Napanee, and Belleville, and climbing to $2,500 in some regions in the Greater Toronto Area.
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Here are some reasons why certain cars are cheaper to insure than others:
How well the car protects you in an accident
Safety features that may prevent accidents
How often that type of vehicle is stolen
Cost of car repairs/replacement
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Insurance companies factor in the age of the driver and the number of year of experience into their ratings. Being more senior absolutely is cheaper. There is also a retiree discount that we can add to all insurance policies.
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You’ll need the year, make and model of the vehicle you want to buy for an accurate quote. If you’re car shopping and trying to decide between different makes and models, you can get a quote for each of them. But keep in mind that you can’t actually get insurance until you show proof of ownership.
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No, not in Ontario. Every insurance company that sells car insurance in Ontario needs to get approval from the provincial regulator, FSRA, whenever they want to change their rates. To steer clear of unpleasant rate increases on renewal, avoid tickets and at-fault accidents, make payments on time and always provide accurate info to your broker and insurance company.
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If you use your car, truck or van for business (including Uber) you’ll need special auto insurance.
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This depends on your circumstances. In many instances, working with a broker for your car insurance can save you money. But that’s not always the case. Sometimes going with an agent or a direct writer may get you the best price.
Car insurance rates are determined by many different factors that are unique to you, including where you live, your driving experience, the type of vehicle you’re insuring, if you’ve had tickets or at-fault accidents, and more. Insurance brokers work with multiple insurers to find clients different coverage options and rates. Using a brokerage that has partnered with a large number of insurance companies will give you a higher chance of finding the best price that’s out there for you. It will also save you a lot of time too.
Save on property insurance with bundle discounts
Combine your home and auto coverage to save 10-20% on your premium.