Choose an Insurance Quote
Find Cheap Car Insurance in Cambridge
Compare and save $500 or more on car insurance with Rates.ca.*
Get car insurance quotes with other top providers in Cambridge
Freelance writer
How much does car insurance cost in Cambridge in 2026?
In 2026, the average car insurance premium in Cambridge is $2,207 per year (about $184 per month). Premiums in Cambridge are 16.81% lower than the provincial average of $2,653. This makes Cambridge 135th out of 181 Ontario communities for car insurance affordability.
Key numbers: Cambridge car insurance
- Drivers in Cambridge pay an average of $184 per month and $2,207 per year for car insurance.
- Cambridge is 135th out of 181 Ontario communities for car insurance affordability.
- Rates vary by postal code within Cambridge. Premiums are lowest in N3E at $2,144 and highest in N3C at $2,220.
- After years of increases, premiums are stabilizing — now is a good time to shop around and compare quotes.
As of March 2026
Changes coming to Ontario car insurance in 2026
Car insurance prices in Ontario will continue rising in 2026, but not as sharply as they did in 2023. Still, many drivers may notice higher premiums when their policies renew this year.
- Factors like increasing healthcare costs, cars being more high-tech, and auto theft are leading to higher insurance claims payouts. Insurance companies have raised premiums to cover these costs.
- On July 1, new rules will also change how accident benefits work in Ontario. Some benefits that used to be included automatically will now become optional.
- If you get a new policy after July 1, many accident benefits will not be included unless you ask for them.
- Choosing to do away with the newly optional accident benefits may save up to 5%, but you could lose access to tens of thousands of dollars in critical benefits.
- With the cost of everything rising, it can be tempting to cut down on coverage. Comparing car insurance quotes can help you save without giving up protection.
Cambridge auto insurance rates compared to Ontario’s largest cities
Where you live plays a large role in what you pay for car insurance. For instance, average premiums in Toronto are $3,168 per year, representing a $961 (43.56%) difference compared to what drivers typically pay in Cambridge, which is about $2,207 per year.
In general, car insurance costs tend to be highest in large, dense urban centres like Toronto, where higher traffic volumes, congestion, and claims frequency increase risk for insurers.
As you move farther from major population hubs, premiums often decrease — a pattern that helps explain why mid‑sized cities such as London typically have lower average rates than Toronto, but still higher premiums than smaller or less densely populated communities.
Some cities, such as Ottawa, can buck this trend due to unique local factors, including higher vehicle theft rates, regional driving patterns, or claims experience that differs from other cities of a similar size.
Overall, Cambridge pricing reflects a fundamental concept in auto insurance: premiums are closely tied to localized risk.
Compared with Ontario’s largest and most congested cities, smaller places like Cambridge tend to benefit from lower traffic density and fewer high‑severity claims, which can translate into more moderate insurance costs.
Cambridge vs. Ontario’s largest cities: average car insurance rates (2026)
| Rank | City | Monthly premium | Annual premium |
|---|---|---|---|
| 1 | Ottawa | $173 | $2,071 |
| 2 | Cambridge | $184 | $2,207 |
| 3 | London | $201 | $2,407 |
| 4 | Hamilton | $205 | $2,457 |
| 5 | Toronto | $264 | $3,168 |
Ontario average premium: $2,653
Updated March 2026
Cambridge car insurance rates by postal code
The lowest average premium in Cambridge is found in the N3E area, where drivers pay $2,144 annually. Meanwhile, drivers in N3C have the highest average premiums at $2,220 per year.
Car insurance rates in Cambridge vary by postal code. Differences in neighbourhood characteristics — such as claims frequency, collision rates, theft patterns, and traffic density — influence what drivers in any given area pay, since insurers use these factors to predict how likely customers will be to file a claim.
Cambridge car insurance: average premiums by postal code (2026)
| Rank | Postal code | Annual premium | Monthly premium |
|---|---|---|---|
| 1 | N3E | $2,144 | $179 |
| 2 | N1S | $2,206 | $184 |
| 2 | N1R | $2,206 | $184 |
| 2 | N1T | $2,206 | $184 |
| 2 | N1P | $2,206 | $184 |
| 2 | N3H | $2,206 | $184 |
| 7 | N3C | $2,220 | $185 |
Why we don't show complete postal codes
The first three characters of your postal code signfy the forward sortation area (FSA). An FSA covers a specific geographic region used to sort and deliver mail. Each FSA contains multiple postal codes.
Auto insurers also use FSAs to understand risk in an area. For example, if an FSA has more accidents or vehicle thefts than average, insurers may see that area as higher risk. This can lead to higher insurance premiums for people who live there.
We look at premiums at the FSA level because it shows clearer, more reliable pricing patterns. Since each FSA contains many postal codes, using the whole FSA helps smooth out small differences between individual addresses and gives a more accurate view of trends in your area.
Recent auto insurance quotes in Cambridge
Recent auto Insurance Quote from Cambridge, Ontario
Female, 28 years old
2013 MAZDA MAZDA3 GS SKY 4DR
June 06, 2026
Cheapest Quote
$ 109 / month
$ 1,308 / yearAverage Quote
$ 296 / month
$ 3,549 / yearSavings
$ 187 / month
$ 2,241 / year
63 %
Recent auto Insurance Quote from Cambridge, Ontario
Male, 59 years old
2018 TOYOTA RAV4 LIMITED 4DR 2WD
June 05, 2026
Cheapest Quote
$ 98 / month
$ 1,179 / yearAverage Quote
$ 152 / month
$ 1,824 / yearSavings
$ 54 / month
$ 645 / year
35 %
Recent auto Insurance Quote from Cambridge, Ontario
Male, 49 years old
2017 BUICK ENCLAVE 4DR AWD
June 05, 2026
Cheapest Quote
$ 91 / month
$ 1,093 / yearAverage Quote
$ 137 / month
$ 1,643 / yearSavings
$ 46 / month
$ 550 / year
33 %
The best car insurance companies of 2026
Drivers should always compare multiple quotes to find the best policy for their needs, and that doesn’t always mean the lowest-priced premium. Instead, a great rate should provide value and quality, with attentive customer service, an easy claims process, and personalized policy offerings.
The Rates.ca Annual Best Auto Insurance Study surveyed 14,676 auto insurance customers in Ontario about their experiences with Canada’s top auto insurance providers. These customers are from five major insurance brokerages that collectively serve more than 220,000 personal line customers.
Customers were asked about their satisfaction levels across multiple categories, from claims processing to ease of communication, as well as coverage options and overall trustworthiness.
Here are the top-ranking auto insurance companies in 2026.
Rates.ca Annual Best Auto Insurance Study 2026
CAA Insurance Company
About the winner
CAA Insurance Company ranks as the top insurer for the third year in a row, also placing first in: Most Trustworthy, Best Product & Value, and Best Communication & Clarity.
Customers praise its low rates and strong claims service. Many use its recommended repair shops.
Its products address real needs, like MyPace, which rewards low-mileage drivers skeptical of traditional usage-based insurance.
Key takeaways
- CAA Insurance leads the market with strong customer satisfaction.
- Competitive rates are the top reason customers choose it.
- The company scores highly for product value, meeting customer needs, and policy innovation.
- It also excels in communication clarity, with nearly all respondents satisfied with their policy documents and over half reporting they are very satisfied.
Intact Insurance
About the winner
Intact Insurance achieved outstanding scores for its claims process. Customers find Intact reps easy to reach, knowledgeable, and proactive. The vast majority report quick claims resolutions.
Over half of customers bypassed their broker and went straight to Intact, underscoring its reputation for hassle-free service.
Of all insurers, Intact Insurance customers are also the most likely to use the company’s app for updates.
Key takeaways
- Intact Insurance is a trustworthy brand, according to the majority of customers surveyed.
- Top-ranked for ease of its claims process; customers say it’s clearly outlined and that reps are helpful.
- Quick claims handling drives satisfaction, with nearly two-thirds of those very satisfied.
- Intact Insurance customers are more likely to reach out directly than calling their broker.
Northbridge Insurance
About the winner
Northbridge Insurance promises quick support: calls are answered within 20 seconds, and an adjuster follows up within three hours.
This speed and efficiency helped drivers rank it among Canada’s best car insurers.
It earns strong marks for claims experience, and customers say it delivers solid value for the premiums they pay without compromising service.
Key takeaways
- Northbridge Insurance is a trustworthy brand according to survey respondents.
- Earned top marks for claims experience across virtually all aspects of the claims process
- Ease of claims handling and expert representatives are key strengths for Northbridge Insurance.
- High ratings for product offerings and overall value.
How we got our ranking
To properly evaluate how great an insurance company is, you have to look way beyond online reviews. In collaboration with Pollara Strategic Insights, we surveyed 14,676 drivers in Ontario about their interactions with their insurers and specific experiences when filing claims to capture new trends and evolving expectations.
According to our methodology, we also asked them to rate their satisfaction with their insurance companies across a few critical areas, including: brand trustworthiness, claims experience, communication, products and billing.
This year, we also expanded the field and allowed insurers to rank for the following titles:
- Best Overall
- Most Trustworthy
- Best Auto Claim Experience
- Best Product & Value
- Best Communication & Clarity
To find the best overall scores, we took the scores for each survey category and weighted averages based on customer demographics, brokerage and insurance carrier.
Mandatory and optional car insurance in Cambridge
| Protection type & status | Coverage details & risks |
|---|---|
| Third-party liability [MANDATORY] | $200,000 minimum in coverage is required. Provides coverage in the event of a lawsuit resulting from an accident where you are at fault. Ontario drivers are encouraged to buy at least $1M in third-party liability insurance. |
| Accident benefits: Basic medical & rehab [MANDATORY] | Provides coverage if you are injured in an accident, regardless of who is at fault. Covers medical expenses that aren’t covered by OHIP. |
| Accident benefits: Income & family support [OPTIONAL] | Replaces lost wages, caregiver costs, and funeral expenses. After July 1, 2026, this coverage is no longer included by default on new policies; you must actively opt-in to keep your income safety net. Renewing policies will keep this coverage. |
| Uninsured automobile [MANDATORY] | Provides up to $200,000 in coverage if you are injured or killed by an uninsured driver, or if your vehicle is damaged as a result of a hit-and-run by an unidentified, uninsured motorist. |
Direct compensation property damage [OPTIONAL] | DCPD is a standard coverage. It covers damage to your car, or loss of use of your vehicle, if someone else is at fault. DCPD is automatically included in all policies, but an insurance professional can remove it using form OPCF 49. Insurance experts, as well as the Ontario regulator, warn against this. |
| Collision [ADD-ON] | Covers the costs of repairing or replacing your vehicle following a collision with another vehicle, an object, or property. Usually required for leased vehicles. |
| Comprehensive [ADD-ON] | Covers damages caused by named perils identified under the specified perils coverage, as well as losses from other perils like falling or flying objects, theft, fire, hail, windstorms, missiles, and vandalism. Usually required for leased vehicles. |
| Specified perils [ADD-ON] | Covers damages caused by named perils such as theft, attempted theft, explosions, natural disasters like fire, lightning, windstorm, hail, rising water, earthquakes, and also other perils specified in your policy. Specified perils do not cover damages due to vandalism, breakage of glass, etc. |
| All-perils [ADD-ON] | Combines collision/upset and comprehensive coverage. Also provides additional protection if a household member or an employee steals your vehicle. |
| OPCF 20: Replacement vehicle [ADD-ON] | Covers the cost of your transportation replacement and rental car insurance if you were to get into a car accident or if your vehicle is stolen. |
| OPCF 27: Rental car liability [ADD-ON] | Covers if you damage a borrowed or rental vehicle. The coverage limit is usually around $25,000 to $50,000. |
| OPCF 39: Accident forgiveness [ADD-ON] | Protect your premium from rising when you have your first at-fault accident. |
| OPCF 43: Depreciation waiver [ADD-ON] | Protects you by removing your insurer's right to deduct depreciation from the value of your vehicle when settling a claim. This coverage is for new vehicles with fewer than 5,000 kilometres. |
| OPCF 44R: Family protection [ADD-ON] | Increases your coverage if you're injured or killed in a collision involving an underinsured, uninsured, or unidentified driver. This coverage also applies if you or a family member is injured as a passenger, pedestrian, or cyclist. |
| OPCF 49: DCPD opt-out [ADD-ON] | Removes DCPD coverage from your insurance policy. |
| Legend | Essential: Critical coverage you should always have, with few exceptions Caution: Think carefully before removing Optimal: Useful add-on |
When insurance providers are determining a car insurance premium for a driver in Cambridge, the key factors they most closely consider include:
- Claims history: If you’ve made a car insurance claim in the past, you could be subject to a higher premium because providers consider you to be more likely to make a claim in the future. On the other hand, if you have no claims history, you can expect to enjoy a lower premium.
- Driver profile: Drivers with a clean record tend to have lower premiums. If you have a history of infractions, you’ll pay more. Any conviction for serious infractions such as stunt driving can impact your rate for years.
- Location: If you live and drive in an area where there’s a high volume of cars on the road and/or a considerable amount of car theft, expect to pay more. Drivers who commute a significant distance each day are likely to pay more than those who use their vehicles intermittently to travel short distances.
- Vehicle type: If you drive a car that’s expensive to repair or replace, expect to pay more. Drivers with vehicles that are deemed safe, including features such as car alarms and multiple air bags are more likely to enjoy lower premiums.
Top 7 tips for getting cheap car insurance in Cambridge
To manage your car insurance costs, consider the following seven tactics. In isolation, each can save you money, in aggregate, the savings can increase considerably:
- Bundle: Having each insurance policies held by a single provider is the single most effective way to bring down your overall insurance costs. For example, you can add your home insurance policy to receive a home and auto bundling discount.
- Buy a cheap vehicle: When the cost of repairing or replacing your car is lower, you can expect to have a lower premium.
- Comparison shop: Comparing available rates every time your car insurance policy is up for renewal can help you save hundreds of dollars each year.
- Customize your policy: We recommend that you examine your coverage each year and make sure that you’re only getting car insurance coverage you need, nothing more. For example, if you added a depreciation waiver to your policy when your vehicle was new to ensure you’d receive back the full value of the car if it was totaled in a collision, you may no longer need it for an older vehicle.
- Increase your deductible: If you’re likely to have the cashflow available to cover a higher deductible in the event of a claim, consider increasing it in order to enjoy lower monthly premiums.
- Install winter tires: When drivers in Cambridge install winter tires, they will receive a discount of 5-15%. The exact amount is at the discretion of the provider.
- Telematics: Drivers who agree to have their driving monitored may enjoy a discount on their rates, particularly if their driving confirms to the insurance provider that they’re at a low risk of making a claim.
How to get Cambridge car insurance quotes on Rates.ca
1. Tell us about your vehicle
Answer a few basic questions about your driving & car insurance history.
2. Compare your quotes
See quotes from multiple car insurance companies side by side.
3. Choose the right coverage
Find the right protection for your vehicle.
4. Secure your rate
Connect with the provider and secure your rate.
What people say about our quotes
Based on 6,691 reviews
All good and I could understand the…
All good and I could understand the people who interacted with me
Francois Bilodeau
1st time Scoop client
What a great experience! I needed to find a more economical bundle for my auto & home insurance and Scoop more than delivered. Daniel Ruddach was so knowledgeable with advice & suggestions that I truly appreciated. With all his patience with my questions and concerns Daniel helped me make a confident and easy choice.
VA
Rates .ca was very helpful to me
Rates .ca was very helpful in to me. All I had to do is full in my information and they use it to find the best quote for me. I actually got a better offer which I was able to save an extra $60. Per month. Excellent service at a reasonable time.
Sylvester Bartley
Understood all I was told and will view…
Understood all I was told and will view the actual quote.
Reginald Tuff
Communication was on time
Communication was on time. The person listened to my concerns and gave constructive response.
Cal Bigelow
My experience was great
My experience was great. The person on the phone was wonderful and they helped me out a lot.
Jeffrey C
Everything went smoothly
Everything went smoothly Explained everything well
Fernando DeAlmeida
Excellent service
Excellent service. I received all the companies with the quotes and had a very smooth transaction. I highly recommend Rates.ca
Hi
Very good experience
The broker I spoke to was very well informed. I felt at ease speaking with the gentleman. I usually don’t like dealing with insurance, probably due to my very limited knowledge of it but the broke made it that much more easy to deal with.
Rozeee
Frequently asked questions about car insurance in Cambridge
Which company has the cheapest car insurance in Cambridge?
There’s no single insurance provider that offers cheap car insurance in Cambridge. Instead, getting the best coverage at the lowest rate depends on how any given provider assesses your application. They’re trying to gauge how likely you are to make a claim. If you have no history of making a car insurance claim and have a clean driving record, you can expect to have a lower premium. On the other hand, if you’re deemed by a provider more likely to make a claim, expect to pay more.
In addition to your driving record and claims history, there are lots of ways to manage your insurance costs. When it comes to car insurance, some of the easiest changes to implement include comparison shopping every time your policy is up for renewal, bundling your policies so each is held by a single provider, customizing your policy, installing winter tires and increasing your deductible.
What are the best car insurance companies in Cambridge?
The best car insurance company in Cambridge is the one that offers you the best coverage at the lowest rate. We recommend that every time your policy is up for renewal you carefully consider your coverage needs. There are so many different variables that each company considers that two drivers who live next-door to each other in Cambridge are the same gender and have the same car and the same driving habits could end up with different premiums.
Can I get month-to-month car insurance in Cambridge?
Finding a car insurance policy with less than a one-year term is not impossible, though they are not common. In general, car insurance providers offer one-year-term policies.
How do I get car insurance as a new driver in Cambridge?
If you’re a new driver in Canada, you’ll pay a higher premium until you build up a driver history. If you try to purchase car insurance with no driver history, the provider will consider you an unknown risk and likely charge you more.
After you’ve driven in Canada for at least one year and managed to avoid getting any tickets or file a claim, you can expect to pay a lower car insurance premium.
If possible, one easy way to build up your driver profile when you’re a new driver is to be added as a secondary driver on the policy of an experienced driver. For example, young drivers and students can be added to the policies of their parents or guardians.
Is ride sharing insurance available in Cambridge?
Yes, if you use your vehicle for ride sharing you will be required by the company to purchase their coverage. However, it is likely to only be applicable when you’re using the app. So, additional coverage through your existing car insurance policy is necessary.
We recommend that you immediately alert your car insurance provider if you’re using your vehicle for ride sharing. If they’re unaware and you’re in a collision, coverage could be denied.
Ready to see your savings?
Take a few minutes to start a new money-saving habit. Join thousands of Ontario drivers who have found better coverage for less.
Katie Rook, Freelance writer
Content Manager
Katie Rook was a content manager at Rates.ca, specializing in home insurance. She has been a full-time reporter at CTV, National Post, and The Globe and Mail. Her work has also appeared in DowJones MarketWatch, Toronto Star, Toronto Life, Saint John Telegraph-Journal and VICE. Katie is a graduate of Ryerson and Dalhousie universities.
Latest auto insurance articles:
How to reduce risk of your car getting caught in an underground parking garage flood and details on your insurance coverage options.
With only 13% of Canadians open to buying autonomous vehicles, experts expect adoption to begin through ride-hailing services before widespread ownership.
Rising auto theft could increase car insurance rates for everyone. Follow these tips to prevent your vehicle from being stolen.
Save on car insurance in 2026 with proven strategies like bundling policies, usage-based programs, higher deductibles, and comparing quotes annually.
Only use your vehicle a few months of the year? Explore different types of seasonal car insurance options available.
Cyclists in Ontario can be at fault in a road accident. While insurance isn’t required, cyclists have multiple options to cover expenses from a road accident.
Find more great auto insurance rates
Disclaimers
*More than 50% of Rates.ca users in Ontario who obtained an auto insurance quote from January to December 2025 saw savings ranging from $250 to $1,050, with an average savings of $583.87. The average savings amount represents the difference between the users’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by Rates.ca.
**The Registered Insurance Brokers of Ontario (RIBO) is the self-regulatory organization in charge of overseeing insurance brokers working in the province. Its mandate is to protect the public by ensuring that brokers meet provincial standards for licensing, professional competence, and ethical conduct. It maintains a public database of registered brokers, which displays a broker's licensing status and their standing within RIBO.