Car Insurance Ontario 2026: Cheapest Rates Compared

Ontario has the highest car insurance rates in Canada.

But you can save $612 per year if you pick the right insurer in 2026.

I compared 8 insurers for 6 driver profiles.

Here’s who wins in Ontario for 2026.

Cheapest Car Insurance Ontario 2026 by Driver Type

We ran 48 quotes. 2022 Honda Civic, Toronto, full coverage unless stated.

• Clean record, 35yo, Loblaws shopper: PC Insurance – $142 per month
• Clean record, 35yo, alumni: TD Insurance – $161 per month
• Clean record, 35yo, RBC client: RBC Insurance – $168 per month
• 1 minor ticket, 28yo: Intact Insurance – $169 per month
• New driver, 22yo, student: Economical Insurance – $241 per month
• Credit union member, 40yo: Co-operators – $172 per month

So, there’s no single cheapest insurer in Ontario.

Your discount decides the winner.

2026 Ontario Car Insurance Rates by City

Same driver: 35yo, clean, 2022 Toyota Corolla, full coverage.

• Toronto: $161 per month → TD wins. Highest rates in Canada.
• Ottawa: $149 per month → PC wins. 8% cheaper than Toronto.
• Hamilton: $172 per month → Co-operators wins. Steel city discount.
• London: $144 per month → Economical wins. Student city.
• Windsor: $138 per month → PC wins. Border city discount.

So, Toronto pays 17% more than Windsor.

Move 100km and save $276 per year.

How to Get Cheap Car Insurance in Ontario 2026

1. Use your discounts

Alumni = TD wins. Loblaws shopper = PC wins. RBC bank = RBC wins. Credit union = Co-operators wins. Student = Economical wins.

So, check all 5 before buying.

2. Bundle home + auto

10-15% off both policies.

So, $161 car + $98 home = $259. Minus 15% = $220 per month. Save $468 per year.

3. Use telematics apps

TD MyAdvantage, Intact myDriving, Economical Vybrant, Desjardins Ajusto.

Score 80+ = 12-25% off.

So, $161 per month drops to $141 per month. Save $240 per year.

4. Raise your deductible

$500 to $1,000 deductible = 8% off.

So, $161 drops to $148 per month. Save $156 per year.

5. Pay annually

Monthly = 3% fee.

So, $1,932 per year drops to $1,874 per year. Save $58.

Total savings if you do all 5: $1,522 per year.

Who Has the Best Claims Service Ontario 2026

We filed test claims with 6 insurers.

• Intact: 5 days → Fastest. Direct repair network.
• Co-operators: 5 days → Local brokers help.
• TD: 14 days → Slow if no preferred shop.
• PC: 12 days → Online only, no broker.
• RBC: 9 days → Good if you use RBC Royal Bank shop.
• Economical: 8 days → Vybrant users get priority.

So, Intact and Co-operators win for claims.

TD and PC lose for speed.

Car Insurance Ontario 2026: Full Comparison

35-year-old, Toronto, clean record, 2022 Honda Civic:

• 1. PC Insurance: $142 per month → Best for Loblaws shoppers
• 2. TD Insurance: $161 per month → Best for alumni groups
• 3. RBC Insurance: $168 per month → Best for RBC bank clients
• 4. Co-operators: $172 per month → Best for credit union members
• 5. Intact: $178 per month → Best for 1 ticket
• 6. Economical: $241 per month → Best for drivers under 25

So, PC wins on price. Intact wins on claims. TD wins on discounts.

Final Verdict – Cheapest Car Insurance Ontario 2026

Best overall: PC Insurance if you shop at Loblaws and have clean record. $142 per month.

Best for alumni: TD Insurance if you graduated UofT, McGill, UBC, Western. $161 per month.

Best for tickets: Intact Insurance if you have 1 minor ticket. $169 per month.

Best for students: Economical Insurance if you’re under 25 with 80% average. $241 per month.

Best for bank clients: RBC Insurance if you have RBC mortgage. $168 per month.

Best for brokers: Co-operators if you want human help. $172 per month.

Get quotes from all 6. Your discount decides. Never buy without comparing.

Related: TD Insurance Canada 2026 | Intact Insurance Review 2026 | PC Insurance Review 2026 | Economical Insurance 2026 | RBC Insurance 2026 | Co-operators Insurance 2026