event_availableUpdated · Estimates reviewed October 2026
Ontario auto insurance is sold by private insurers and brokers; rates are filed with and approved by FSRA.
Key Ontario risks insurers price in: vehicle theft concentrated in the Greater Toronto Area; basement flooding and sewer backup after intense summer storms; ice storms and freezing rain.
Local estimate · October 2026
Instasure’s pricing model estimates the following range for an example profile. Your actual premium depends on your details and the insurer.
$137–$212/mo
Example profile: 40-year-old driver in Ontario, 15+ years licensed, 0 tickets, 0 at-fault claims, standard vehicle, full coverage.
Mandatory + liability
$106/mo
Full coverage
$171/mo
Full + endorsements
$197/mo
infoOntario: since July 1, 2026 several accident benefits are optional — your advisor will show the price of each option.
Example estimates · October 2026
| Driver profile | Typical | Range |
|---|---|---|
| Age 20, licensed 2 years | $340/mo | $272–$422 |
| Age 25, licensed 7 years | $212/mo | $170–$263 |
| Age 40, licensed 15+ years | $171/mo | $137–$212 |
| Age 40, one at-fault claim | $231/mo | $185–$287 |
| Age 40, one minor ticket | $202/mo | $162–$251 |
| Age 65, licensed 15+ years | $154/mo | $123–$191 |
Assumptions: standard vehicle, full coverage. These are modelled estimates for example profiles, not quotes or offers. Your price depends on your details and the insurer; a licensed advisor confirms real quotes.
Insurers price these risks by postal code. An advisor can tell you which endorsements are available at your address.
What’s changing in Ontario
Mandatory. Pays for injury or damage you cause others. Most drivers carry $1–2 million.
Medical, rehabilitation and income benefits after a collision (structure varies by province).
Repairs to your car after a collision, regardless of fault (optional).
Theft, fire, vandalism, hail and other non-collision damage (optional).
Accident forgiveness, rental car, waiver of depreciation for new vehicles.
Licensed in Ontario
Since July 1, 2026, only medical, rehabilitation and attendant care benefits are mandatory on Ontario auto policies. Here's what became optional and how to decide what to keep at renewal.
Read guide arrow_forwardA personal auto policy may not cover you while you drive for Uber, Lyft, DoorDash or Skip. Here's how to close the gaps in Ontario, from the OPCF 6A endorsement to your accident benefit choices after July 2026.
Read guide arrow_forwardThere is no official national average. The latest official figures put Ontario at $2,164 a year, Alberta at $1,903 and British Columbia at $1,358 for Basic and Optional coverage, each measured its own way. Here are all 13 provinces and territories and 15 cities compared.
Read guide arrow_forward
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Every request is matched with an advisor licensed in your province who compares insurers for you, explains the fine print and handles the application. No cost to you and no obligation to buy.
Sources: fsrao.ca, northbridgeinsurance.ca, intact.ca. Estimates are modelled by Instasure for the example profile shown and are not quotes. Last reviewed October 2026.
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