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Cheapest Insurance Ontario

Looking for the cheapest car insurance in Ontario? Look no further! We’re Insurance Heroes and we’re here to protect your car and your wallet. We make sure you get the car insurance coverage you need at rates you can afford. We also have the information you need to help you get the cheapest car insurance in Ontario. Details below.

Driving Record Impact On Getting The Cheapest Insurance in Ontario

When insurance providers determine an auto insurance premium will be for a driver, they are making a risk assessment of that driver. The risk you pose to an insurance company for having to pay a claim on your behalf has a direct impact on the price you pay for car insurance. Simply put, the better your driving record and claims history, the cheaper your car insurance in Ontario.

Click here and get an online quote for Ontario Car Insurance in minutes or call us at 1 (855) 777-4376

When it comes to your driving record specifically, the number of traffic violations and the severity of those convictions can increase your cost for car insurance and possibly cause your car insurance provider not to renew your policy. Most insurance carriers will look at convictions on your record for the 3 years prior to your application or renewal.

Vehicle Considerations in Cheap Car Insurance in Ontario

Like they do with drivers, insurance companies complete a risk assessment on the vehicle you’re insuring. They want to know how likely it is they would have to pay for a claim and, on average, how much that claim would cost.

Click here and get an online quote for Ontario Car Insurance in minutes or call us at 1 (855) 777-4376

Generally speaking, high-end luxury cars are more expensive to insure because they are more likely to be targeted for theft and they are more expensive to repair or replace. Insurance companies look at historical data gathered by insurance associations as well as the statistics they’ve gathered over the years related to each type of vehicle and claims that have been paid out for them.

If you’re thinking about purchasing a car but want to know which vehicle will get you the cheapest car insurance in Ontario, you can look up the Insurance Bureau of Canada’s annual “How Cars Measure Up” report and the CLEAR score (Canadian Loss Experience Automobile Rating) for vehicles you’re considering. These are two of the resources insurance companies use to help them with their risk assessments and determine car insurance rates.

Click here and get an online quote for Ontario Car Insurance in minutes or call us at 1 (855) 777-4376

Car Accident Coverage Considerations

Before looking for the cheapest car insurance in Ontario, you’ll want to know what’s covered by a mandatory car insurance policy and what would have to be covered with an optional policy (which we cover in the next section).

Mandatory car insurance in Ontario provides the following coverages:

  • Third-Party Liability coverage which protects you if you’re at fault for an accident that causes property damage, injury or death.
  • Accident Benefits if you or a passenger in your vehicle is injured or killed, regardless of fault, and can pay for medical expenses like rehabilitation, attendant care, income replacement and more.
  • Direct Compensation – Property Damage which covers damage to your vehicle if you’re not at fault or partially at fault. 
  • Uninsured motorist coverage for injuries or death caused by a hit-and-run driver.

Click here and get an online quote for Ontario Car Insurance in minutes or call us at 1 (855) 777-4376

Car Insurance Optional Coverages to Consider

If you drive a newer vehicle, rely heavily on your car or simply can’t afford to pay for major repairs to your car or to replace it, you may want to consider optional coverages that provide more protection than what you get with mandatory car insurance.

For example, if you:

  • Sideswipe a parked car
  • Accidentally rear-end another vehicle
  • Hit a low railing in a parking lot you didn’t see
  • Swerve to avoid hitting an animal and end up crashing into a tree

Or cause any other collision, only having mandatory auto insurance coverage means having to pay to fix your car yourself. Optional collision coverage can pay for damage to your car related to driving even if you are at fault – minus the deductible. It can also compensate you for a replacement vehicle if your car is written off.

Click here and get an online quote for Ontario Car Insurance in minutes or call us at 1 (855) 777-4376

Another optional coverage you may want to consider, especially in Ontario, is comprehensive car insurance. It can cover you for theft or damage to your car for non-driving-related incidents like:

  • Fires, floods, windstorms and natural disasters
  • Flying and falling debris
  • Vandalism and more

Other optional car insurance coverages include:

  • Accident Forgiveness
  • Rental Vehicle Coverage
  • Roadside Assistance
  • Disappearing Deductible Feature
  • Replacement Cost Coverage

Click here and get an online quote for Ontario Car Insurance in minutes or call us at 1 (855) 777-4376

FAQs

  1. What determines the cost of auto insurance?

Factors that are used to determine the cost of your auto insurance policy are:

    • Your personal profile which includes:
      • Your driving record 
      • Where you live  
      • Age, marital status and, although this is changing, gender
      • The amount of driving you do
    • The amount of coverage you purchase. 
    • The amount of your deductible. 
    • Your insurance company. 
  1. How do I find the cheapest auto insurance policy rates?

You’ve already found them! That’s the Insurance Hero mission, to get you the cheapest auto insurance rates for the coverage you need.

  1. What do I need to be eligible for car insurance in Ontario?

To be eligible for car insurance in Ontario you must be a resident of Canada and have a full driver’s license. You may also have to provide:

    • Your personal information. 
    • Vehicle information including year, make and model, registration papers, the VIN number and license plate number. You may also have to provide a bill of sale or leasing agreement as well as information on any modifications made to it.
    • Your driving record and any past driving or insurance fraud convictions. Although the insurance company will likely get this information themselves, it’s an offence to lie if asked about these questions if asked.
    • Information about your current insurance provider, broker or agent.
    • The personal information of other licensed drivers who may have access to your car.

Temporary Car Insurance Ontario

Like car ownership, most people think of car insurance as a costly long-term investment. In Ontario, all registered vehicles must have insurance coverage that covers:  Third-party liability of at least $200,000. Accident benefits for medical costs that exceed your provincial health coverage. Direct...
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