Based on FSRA, the average Ontario car insurance premium was $1,651 annually or $137.6 per month as of March 2021.
How much is car insurance in Ontario 2022?
According to insurance brokerage ThinkInsure.ca, the average cost of insuring a car in Ontario in 2022 is $1,634 per year, or $137 per month. However, your insurance costs will vary based on a number of factors, including your driving record, the vehicle you drive, and where you live.
How much is car insurance per month in Ontario?
The average monthly car insurance rates in Ontario are between $125 to $158, depending on which part of the province you live in. This is the highest average car insurance rate among all provinces in Canada.
How to find cheapest auto insurance in Ontario?
In Ontario, the types of auto insurance you need to have by law are: Liability Coverage, Direct Compensation, Uninsured Automobile Coverage, and Accident Benefit Coverage.