Now the average annual insurance rate is $1,718. Which Postal Codes Have the Cheapest Car Insurance in Ontario. 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. This price is not too far from the average provincial rate of $1,544.
Will car insurance rates be based on postal codes in Toronto?
© THE CANADIAN PRESS IMAGES/Dominic Chan Afternoon traffic congestion on Bloor Street near Sherbourne Street in downtown Toronto on Thursday, June 25, 2020. Ontario Premier Doug Ford suggested Thursday that car insurance rates based on postal codes will "come to an end."
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.
How do you compare car insurance rates in Brampton?
Kanetix.ca, an insurance rate comparison tool, has designed a snazzy map so all of us in Brampton can simultaneously shake our fists at people living in postal codes with lower premiums. The map has colour coded all postal codes across the province: green is for places that have relatively cheap rates, red is for places for with the highest rates.