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Car Insurance Canada 2026: Cheapest Rates by Province + Save $1,102

Ontario: Why You Pay $2,258/Year in 2026

Ontario has the highest rates in Canada due to private insurance + high fraud claims. Toronto ZIP codes like M5V pay up to $3,400/year.

3 ways to save in Ontario:

  1. Bundle home + auto: Save 15% average = $338/year
  2. Usage-based insurance: CAA MyPace or Aviva Drive saves 25% for low mileage
  3. Increase deductible to $1,000: Cuts $200/year off premium
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