Ontario, Canada sees a near 10% growth in average car premium in 2020

According to rates.ca, the average Ontario auto insurance premium was estimated to be $1,473 in 2018. However, the average premium jumped 9.7% in 2020 to $1,616 annually, a sizeable increase during a pandemic period.

Ontario 2020 sees a 10% increase in auto premiums
A high angle shot of a highway full of cars captured in Toronto, Canada

Rates.ca has outlined the 10 cities with the highest premium in Ontario. Brampton has an estimated average premium of $2,698.

RankCityEstimated Premium
1.Brampton$2,698
2.Mississauga$2,372
3.Vaughan$2.334
4.Richmond Hill$2,286
5.Markham$2,222
6.Toronto$2,201
7.Ajax$2,141
8.Pickering$1,961
9.Whitby$1,777
10.Hamilton$1,755

Also of interest, rates.ca has identified the cheapest cities in the province, outlined below.

  • Grimsby and Waterdown have an average rate of $1,192 per year.
  • Sudbury has an average rate of $1,165 per year.
  • Sarnia has an average rate of $1,159 per year.
  • St. Thomas has an average rate of $1,124 per year.
  • Cornwall, Petawawa, and Russell have an average rate of $1,107 per year.
  • Kingston, Napanee, Port Hope, Cobourg and Brockville all have an average rate of $1,103 per year.

Of interest to insurers, geography or location-based rating may no longer be accepted by the province as the legislative assembly moves towards making the practice illegal.

The rate estimates in the above data are based on a 35-year-old driver of a 2017 Honda Civic with a clean driving record.

Read the rates.ca report https://rates.ca/resources/10-most-expensive-cities-ontario-car-insurance