What is the average cost of car insurance in Ontario?
Now the average annual insurance rate is $1,718. Ontario has the highest car insurance rates in the country. So, it does not come as a surprise that there are few cities where car insurance rates are cheap. There are small villages and towns in Ontario that have low insurance rates. The average insurance ranges from $1,486 to $1,530 per year.
What are the cheapest cities for car insurance in Ontario?
To get a better idea of where to find the best rates, the following are the cheapest cities for car insurance in Ontario: Belleville, Kingston, Napanee, and Coburg. What Makes a City’s Auto Insurance Cheaper? There are many factors that contribute to a city’s average auto insurance rates.
How much did car insurance rates drop in Ontario in 2021?
In 2021, car insurance rates dropped in Ontario by almost 4%. Compared to 2020, the average insurance rate in the province was 3.8% lower in 2021. That’s a pretty significant rate decrease, and it’s related to the reduction in driving (mainly commuting) due to more people working from home during the second year of the pandemic.