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Auto Insurance Rates in Ontario

Auto insurance rates in Ontario are climbing steadily. Many insurers have raised their rates substantially over the past few years. In fact, most insurers have raised rates several times in the past few years. You can see for yourself right from this page FSCO (The Financial Services Commission of Ontario) regulates auto insurance in Ontario and the statistics quoted are compiled from their website

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Read how to get the best auto insurance rates in Ontario

Percentage of Ontario auto Insurance Company's that changed Rates in 2010

  • In the first quarter of 2010 97.18% of the market had rate changes for an average increase of 5.53%
  • In the second quarter of 2010, 100% of the market had rate changes for an average decrease of 1.03% (note that this might result in average rates being the same)
  • In the third quarter of 2010, 45.30% of the market that had rate changes approved, the average rate change was -0.21%
  • In the fourth quarter of 2010, 54.15% of the market that had rate changes approved, the average rate change was +3.57%

Find out how much each Ontario Auto Insurer raised rates in 2010: auto insurance rates in Ontario - 2010

Wondering How to get the Best Ontario Auto Insurance Rates?

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Percentage of the Ontario Insurance market that raised rates in 2009

  • In the first quarter of 2009 31%
  • In the second quarter of 2009 55%
  • In the Third quarter of 2009 34%
  • In the Fourth quarter of 2009 55%

Rates in Ontario - 2009

Shopping around is your best defense against rising auto insurance rates. Use the following site to get great Auto insurance rates in Ontario:

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Find more information at car insurance in Ontario Canada

Note: Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility. Make sure you review the "please read" page.


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