Guide · Auto Insurance · Ontario

How Much Is Car Insurance in Ontario?

Published June 6, 2026 · Updated September 26, 2026

FSRA reported an average annual auto insurance premium of $2,164 in Ontario and $2,810 in the GTA as of October 2025. These are useful benchmarks, but your own price depends on your vehicle, driving history, location and coverage.

Source: FSRA — Your average premium (opens in new tab).

Ontario and GTA insurance costs

Region	Average annual premium
Ontario	$2,164
Greater Toronto Area	$2,810
Other urban areas	$2,076
Rural areas	$1,740

Source: FSRA, as of October 2025 (opens in new tab). These figures describe private passenger vehicles insured during the preceding 12 months. They are historical averages, not current quotes or Covera prices.

Why your city and postal code matter

Your address is one of the factors insurers use to price a policy. Toronto, Brampton, Mississauga and Vaughan sit within the GTA, but a regional average cannot tell you what a particular driver in any of those cities will pay.

The same principle applies in Ottawa, Hamilton, London and Kingston. Compare using your own address, vehicle and driving details rather than treating a city ranking as your expected premium.

What changes your premium

Your driving history. Experience, claims and driving convictions can affect the price.

Your vehicle. The make, model and year matter. Get an insurance quote before committing to your next car.

How you drive. Your annual distance and use of the vehicle help determine the premium.

Your coverage. Limits, optional protections and deductibles change both the price and what you could pay after a loss.

The insurer. Different insurers can price the same driver differently.

Sources: Wawanesa — Auto insurance rates (opens in new tab) and FSRA — How to save on auto insurance (opens in new tab).

How to compare and save

Start with a few quotes using the same coverage, deductibles and start date. Compare the annual cost and any instalment charges.

Ask about home and auto, multi-vehicle, winter-tire and eligible group discounts. Update your mileage and vehicle use if they have changed.

A higher deductible can lower the premium, but choose an amount you can afford after a claim. If you switch before renewal, check the cancellation cost.

Source: FSRA — How to save on auto insurance (opens in new tab).

Keep a simple comparison sheet: insurer, annual premium, deductibles, liability limit, optional benefits, rental coverage and the main exclusions. It will make differences easier to spot.

Ontario's 2026 coverage changes

For policies entered into on or after July 1, 2026, medical, rehabilitation and attendant care benefits remain mandatory, while other accident benefits are optional. Review the selections on a new or renewing policy, especially income replacement and benefits relevant to your family.

Ask a licensed broker or insurer how your auto coverage works alongside workplace or personal benefits before removing protection.

Source: FSRA — Customize your liability and accident benefits coverage (opens in new tab).

FAQ

How much should I budget for car insurance?

Use the regional figures above as a rough starting point, then get quotes for your own profile. A regional average cannot account for your vehicle, coverage or driving history.

Why is my quote different from a friend's?

Your address, vehicle, driving experience, claims, annual mileage and coverage choices can all differ. Comparing the same insurer is only useful when you also compare the details.

Is a cheaper premium always a better deal?

Check what changed. A lower price may come with a higher deductible, different limits or fewer optional protections. Compare the coverage before deciding.

Can switching insurers save money?

It can. Get a like-for-like comparison and include any cancellation cost if you plan to switch before renewal.

Compare with more confidence.

Covera is bringing home and auto comparisons, clear coverage explanations and policy management into one place. Launching first in Ontario.

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Sources

Sources checked September 26, 2026.