Most and least expensive Ontario cities to buy car insurance revealed
Ontario has some of the highest car insurance rates in the country, but for the first time in a long time premiums are actually coming down.
"It's definitely good news," Tanisha Kishan, insurance expert with RatesDotCa, told CTV News Toronto.
With so many people still working from home during the second year of the pandemic and traffic remaining light on many highways, car insurance premiums in Ontario have dropped an average of 3.8 per cent.
"A lot less vehicles on the road equals a lot less claims, which translates into premium decreases for consumers," Kishan said.
According to RatesDotCa, the average Ontario auto insurance premium in 2020 was $1,616. Last year it dropped to $1,555, a 3.8 per cent decrease.
The City of Brampton, which has long held the title as the most expensive city in Ontario to insure a car, saw the largest decline in premiums of 27 per cent.
"I think that Brampton premiums were high for so long they just had the most room to fall," Kishan said.
The city with the most expensive auto insurance in the province is now Vaughan, with an estimated annual premium of $2,179.
It's followed by Ajax, Richmond Hill, Brampton and Mississauga.
Despite being the most expensive, all five cities still saw a reduction in rates.
The Financial Services Regulatory Authority of Ontario (FSRA) has approved more than 100 rate reductions and 42 various rebates during the pandemic.
"We would definitely agree that rates have stabilized and in many cases are quite a bit lower," said Tim Bzowey, Executive Vice President of Auto Insurance Products at FSRA.
While not every driver will see a reduction in rates, it may be advisable to shop around to find a better deal.
"Rates vary a lot from insurer to insurer, so please shop around to make sure you are getting the best rate available to you at the time," said Bzowey.
Not every city saw decreases and one of the largest hikes in the province took place in Oshawa, where insurance premiums jumped 12 per cent.
Among the most inexpensive places to insure a car were in Cobourg, Port Hope, Picton and Kingston where each had an average annual premium of about $1,100.
FSRA said the lower rates won't last forever as it's expected when the pandemic ends and driving habits return to normal premiums will start to creep back up.
Top ten most expensive cities in Ontario for car insurance
- Vaughan $2,179
- Ajax $2,104
- Richmond Hill $2,025
- Brampton $1,976
- Mississauga $1,971
- Pickering $1,959
- Toronto $1,953
- Oshawa $1,833
- Whitby $1,792
- Nobleton, Schomberg, Orangeville, King City $1,766
Cheapest cities in Ontario for car insurance
- Kendal $1,271
- Port Hope $1,175
- Amherstview $1,132
- Brockville $1,132
- Iroquois $1,132
- Martintown $1,132
- Elizabethtown $1,132
- Cornwall $1,132
- Kingston $1,132
- Gananoque $1,132
Toronto Top Stories
CTVNews.ca Top Stories
With the price of gas rising above $2 per litre and setting new records in Canada this year, CTVNews.ca looks at what goes into the price per litre of gasoline and where the situation could go from here.
Canada's Chief Public Health Officer Dr. Theresa Tam says the federal government is monitoring monkeypox cases and their chains of transmission after two cases were confirmed in this country.
Russia claimed to have captured Mariupol on Friday in what would be its biggest victory yet in its war with Ukraine, following a nearly three-month siege that reduced much of the strategic port city to a smoking ruin, with over 20,000 civilians feared dead.
Premier Jason Kenney spoke publicly Friday for the first time since dropping the bombshell announcement that he plans to step down as UCP leader and premier of Alberta.
An Ontario woman believes her daughter was discriminated against after she was allegedly kicked out of a local activity centre over her choice to wear a face mask.
The World Health Organization was due to hold an emergency meeting on Friday to discuss the recent outbreak of monkeypox, a viral infection more common to west and central Africa, after more than 100 cases were confirmed or suspected in Europe.
On the heels of news that Canada is banning Huawei Technologies and ZTE from participating in the country’s 5G wireless networks, Prime Minister Justin Trudeau said the decision wasn't easy to make. The prime minister also defended the timing of the decision, saying that while it will be years before all use of products from these Chinese companies will be outlawed, it's happening before the country is even more interconnected by the next-generation telecommunications infrastructure.
A man who used a sword to kill and maim victims in Quebec City's historic district on Halloween night 2020 has been found guilty of murder.
Rising global temperatures could reduce the amount of sleep people get every year, according to a new study.
Quebec's College of Physicians and some top lawyers say there's lots of grey area in how Bill 96 will play out in health care -- even after multiple requests to the province to clear up confusion.
Montreal police officers are among search and rescue teams patrolling a stretch of the St. Lawrence river following reports that a man may have fallen in.
The federal government said it is exploring the possibility of using its limited stockpile of smallpox vaccines to protect Quebecers from the recent outbreak of the disease's cousin, monkeypox.
Dave Willacy was out early Friday to get his boat in the water and tuned up.
A 60-year-old London man is facing multiple charges after police seized several shotguns, ammunition, and brass knuckles during a search.
London police have deemed a fire at Ark Aid Street Mission that caused an estimated $50,000 ‘suspicious.’
The City of Cambridge is investigating after a mysterious foam erupted from the intersection of Fountain Street and King Street twice in the past 24 hours.
A lot has changed locally since the last time voters headed to the polls for a provincial election. A local political scientist breaks it down.
Provincial police have provided new information about the age of a young girl whose body was found in the Grand River near Dunnville, Ont. earlier this week.
With the May long weekend finally here, the Ontario Provincial Police and boating safety advocates are reminding boaters to follow safety rules, especially with so many other boaters out there.
Severe thunderstorms could develop Friday afternoon in communities across northeastern Ontario, Environment Canada said.
Dozens of cats arrived in Barrie from Northern Ontario, hoping to be adopted by their forever families.
Ottawa has plenty of events for Victoria Day which not only could be popular with the hometown crowd, but for tourists as well.
Your long weekend road trip will be a little cheaper today, as gas prices drop below $2 a litre at Ottawa stations.
Country star Brett Kissel has postponed his concert at Ottawa's Arena at TD Place tonight due to an issue with his voice.
Better late than never: Border city boaters wish CBSA's reopening of small vessel reporting sites happened sooner
As a member of the Sun Parlour Boat Club in LaSalle, Ont., where watercrafts of all sizes sit along the Detroit River, Sam Zlotnik says one of his favourite things to do is visit the U.S. by water.
With the warmer weather and steep gas prices, many are turning to their bikes to get around.
A safe believed to be over 100 years old was opened Friday after its discovery during the demolition of an antique store in downtown Harrow.
Provincial police are investigating after a New Tecumseth resident discovered a rabbit shot with an arrow in her backyard.
Police slapped a motorist with a hefty fine Friday morning in Whitchurch-Stouffville as they patrol the roads for careless drivers this long weekend.
The Victoria Day long weekend could kick off with hail and strong wind gusts in parts of Muskoka and Grey Bruce, according to Environment Canada.
A section of Dartmouth's Burnside Industrial Park was shut down Friday after a fire in a scrapyard triggered alerts and air quality warnings.
Some warmer temperatures are expected for the Maritimes during the upcoming May long weekend. With that, however, brings a few rounds of showers with a risk of thunderstorms.
The public inquiry into Nova Scotia's mass shooting has already cost $25.6 million to investigate the April 18-19, 2020, rampage -- and there are still about five months remaining in its mandate.
Police say the victim, a 14-year-old girl, was walking to school at the time.
Matthew Tkachuk says all of the Flames are behind Oilers fan Ben Stelter.
Manitoba RCMP are reminding all drivers to respect road barricades that are blocking people from driving in flooded areas.
Three Ukrainian families are settling into their new homes in Dauphin.
Manitoba First Nations leaders are calling on the provincial and federal governments to collaborate and end flooding in Peguis First Nation.
The number of COVID-19 patients in B.C. hospitals reached its lowest point in weeks on Thursday, and regional data from the B.C. Centre for Disease Control shows the decline was driven by hospitals in the Lower Mainland.
A body found in a ditch near Vancouver International Airport on Thursday is that of a man reported missing earlier this month, Richmond RCMP confirmed Friday.
A father allegedly brought his young child along while robbing a gas station in B.C.'s Southern Interior this week, a crime authorities described as "deeply disturbing."
Terry Dell has been living on the streets of central Edmonton for a few months now, and he's scared.
You have three days off and don't know what to do? You've come to the right place. CTV News Edmonton has compiled a list of events around the city this weekend.
Alberta is the latest Canadian province to have found avian influenza, or bird flu, in another species.