For young men like dasko in the 16 to 24 age group the hit is the worst classified by the industry as high risk they are charged stratospheric rates. The 10 most expensive cities are in the greater toronto area and hamilton region.
Ontario has the highest auto insurance rates in canada with the average annual premium at 154486 in 2012 45 per cent more than in alberta the second most costly.
Average car insurance toronto. Eastern ontario fares the best. If you havent yet checked to see how much you could be saving complete a quote today. Brampton has the dubious distinction of being at the top of the list 44 per cent ahead of the ontario average.
Further analysis reveals that 714 of drivers shopping for car insurance toronto are males and 286 are females. Yonge and dundas is the busiest intersection in toronto with an average of 6000 pedestrians and 2000 vehicles passing through in a single hour. Unfortunately for the millions of drivers in toronto and ontario auto insurance rates have risen considerably with premiums in toronto averaging 27 percent higher 2017 for a 35 year old than the already high provincial average of 1538.
Kingston napanee and belleville have the lowest averages in the province just over 1000 annually. Many of our customers save up to 500 or more on auto insurance. Each city in the top ten is above that figure.
For example the average car insurance rates in ontario are 1920 per year but annual insurance premiums are only 912 in quebec and 1092 in nova scotia. There is one simple reason auto insurance rates in toronto tend to be higher on average than any other city in the country. The average resident in the toronto area who shops for car insurance is between 35 and 36 years of age.
Call a thinkinsure savings expert now. The 10 most expensive cities in ontario for car insurance. The most expensive is brampton where a single 35 year old driver with a clean record would have an average annual premium of 2392 65 per cent higher than the provincial average of 1448.
The median ontario cost to insure a vehicle for that driver is 1538 per year. Well annual car insurance premiums in ontario can be compared to a few things 1222 medium coffees at tim hortons 640 single fares for adults or 960 single fares for seniors in toronto. Failing to get a toronto car insurance quote could cause you to miss out on cost savings.
Toronto is number four on the list at 27 per cent above average. According to studies ontario motorists pay 1500 annually on average for their car insurance while people from other parts of the country pay rates down to 650.