If you are not redirected within 30 seconds, please click here to continue.
Samedi: 10h – 16h HAE
If you are not redirected within 30 seconds, please click here to continue.
If you are not redirected within 30 seconds, please click here to continue.
We are now transferring you to LowestRates.ca to complete your quote.
Table of Contents
The Financial Services Regulatory Authority (FSRA), Ontario’s car insurance regulator, published no approved rate changes in April 2021, meaning there was no change to the Ontario auto insurance market last month.
One insurer was approved in March by FSRA to decrease its rate (The Commonwell Insurance Group).
You can track every insurer’s rate changes with RATESDOTCA’s Ontario Auto Insurance Rate Tracker. Our Rate Tracker allows you to select the insurance companies that have had a rate change approved in the last year from a dropdown menu, and find out what the percentage rate change is, as well as its effective date.
There are several factors insurers consider when determining your premium. For example, your driving record, insurance history, the type of vehicle you have, and how many kilometres you drive annually all figure into the equation. So too do things such as your age, gender, marital status, and where you reside.
That’s all the more reason to shop around. A recent RATESDOTCA survey found Ontario drivers are less likely to shop around for car or home insurance than for other common household expenses such as cellphone plans or internet services. Less than one in four Ontario residents shopped around for car (23%) or home (22%) insurance last year, the survey found, compared to nearly one in three that shopped around for a new internet provider.
FSRA recommends taking the time to compare policies and premiums to know if you’re getting the best price for the coverage you need.
Don't waste time calling around for auto insurance
Use RATESDOTCA to shop around, and compare multiple quotes at the same time.
Liam Lahey, Freelance writer
Liam Lahey is a versatile marketer with experience as a staff and freelance writer for many business and technology publications and newspapers. He previously worked as the editor and media spokesperson for RATESDOTCA, handling home, auto, and travel insurance topics.
Latest Auto Insurance Articles
The first rule of driving in Canada is to get insured. The second rule of driving in Canada? Stay insured.
Buying a car out of province requires extra effort, like vetting options, ensuring compliance with home regulations, and budgeting for travel, but it offers access to better deals, unique models, and a wider selection.
Collisions with wildlife can have an impact on your vehicle. But what about your insurance?
Not long ago, EVs seemed like a no-brainer—eco-friendly, cheaper to fuel, and rebate-backed. But our latest RATESDOTCA survey with Leger shows a shift: 32% have ruled buying an EV out entirely.
Before you purchase optional insurance for your rental car, check your credit card, as it may already offer coverage for rental cars. Here are our picks for the best credit cards for rental car insurance in Canada.
If you’re in Alberta, whether you’re a long-time resident or a recent arrival, here’s everything you need to know about getting your driver’s license.
If you’re thinking about buying a used car, there’s much to consider — including inflated prices.
Here is what you should do if an everyday road hazard or an unforeseen event triggered by poor weather or construction damages your vehicle.
Get money-saving tips in your inbox.
Stay on top of personal finance tips from our money experts!