Historical Ontario auto insurance rates Since the start of the year 2000 the Ontario car insurance industry has seen significant change in the average rates they charge to consumers.

Auto insurance rates ontario. Auto Insurance Rates for the Fourth Quarter of 2019 Bill 5 Auto Insurance Rates for the Third Quarter of 2019 Bill 5 Auto Insurance Rates for the Second Quarter of 2019 Bill 5 Auto Insurance Rates for the First Quarter of 2019 Bill 5 2018. In 2020 and according to RATESDOTCAs Insuramap the average premium was approximately 1616 annually a 97 increase from two years ago. According to the Insurance Bureau of Canada IBC auto insurance rates in Ontario are almost 50 higher than the.

2 rows We conducted our own analysis and found that an Ontario driver would see a 15 increase in their. Fires floods windstorms and natural disasters. BC Manitoba and Saskatchewan and Quebec which actually has a hybrid public-private regime.

Still Ontario car insurance is expensive with residents paying an average of 1505 annually the second highest in the country. On average there has been a 5235 increase in cost of car insurance in Ontario. The provinces with the highest car insurance premiums are Ontario and BC.

Most drivers pay in the range of 1300 to 1800 annually. Auto Quarterly Rate Approvals. Regulatory regime - Some provinces have public insurance.

Elsewhere in Canada auto insurance is provided by. Another optional coverage you may want to consider especially in Ontario is comprehensive car insurance. There are multiple factors that affect rates in each province.

Looking at averages alone is not useful and not an accurate estimate for the cost of your insurance premiums. The May numbers show. Auto Insurance Rates for the Fourth Quarter.