How Much Is Car Insurance Per Month In Ontario

They are twice the rate of similar drivers and cars in small town Ontario.

How much is car insurance per month in ontario. 108 per month 1292 per year Intact Insurance. The biggest factor is your location in Ontario. In fact a RATESDOTCA report estimates the typical Toronto driver pays an average of 2201 for their car insurance.

If you live in Toronto we bet its more than the provincial average of 1505 reported by the Insurance Bureau of Canada IBC or the 1664 the provinces regulator says Ontario drivers pay. Alberta is considered to have the second most affordable insurance rates in the country when considering the fact that insurance expense only accounts for 27 of disposable income. Ontario 1445 average annual premium.

In Ontario as per FSCO it is mandatory to have active car insurance if you own a vehicle to drive on the roads. Get Free Quotation Buy Online Now. For example the average car insurance rates in Ontario are 1920 per year but annual insurance premiums are only 912 in Quebec and 1092 in Nova Scotia.

Get Free Quotation Buy Online Now. 114 per month 1368 per year. Car insurance policies are generally either comprehensive third party theft or third party only.

141 per month 1692 per year. Well annual car insurance premiums in Ontario can be compared to a few things 1222 medium coffees at Tim Hortons. How Much Car Insurance Do I Need Ontario.

In Ontario estimates for average car insurance premiums for a year range from about 1500 to 1900. With the money you save on only ONE MONTH insurance premium going down from the shameful Ontario-like prices of 400 500 or even 600 per month to 100 per month you can buy. Published on Feb 18 2019 Last updated Nov 24 2020 4 minute read The average monthly car insurance rates in Ontario are between 125 to 158 depending on which part of the province you live in.