I have two cars, and I am the only driver

by Peter
(Alliston, ON)

I have two cars, and I am the only driver. Moved to Canada, and I have to pay full insurance on the second car.


If insurance is a game of numbers then something does not work here In Ontario, Canada. Or, they just rip the customers here, right into their face. I just can't drive two cars at the same time. So I just could not be double liability.

OK, given that occasionally someone else will drive the other car, like perhaps 5 times during a year, and there is %50 chance for it, so it should calculate 5/365 times normal premium which is $800 times %50 = $5.48, give suckers 10 times more, so its $54.80,not $800.

I had the same cars insured in US and paid $400 for the second car. So they ripped me of, damn Yankees. But Canadians charge me double of that, $800 for the second car. Would that make Canadian Insurance Business the top swindlers of the world?

Insurance on Second Car in Ontario


Hi Peter,
Welcome to Canada! ;-)

The typical discount for a second car is in the neighbourhood of 10-20%.

One thing you can do to reduce rates further is make sure both cars are rated appropriately. For instance, you might drive one car for work, or for commuting to work. That car would be rated higher. The other car might be rated as pleasure use, which would reduce its rates.

Another thing you can do is park one vehicle for weeks at a time and reduce coverage to comprehensive or fire & theft only.

The final step you should take is to shop around aggressively. The best time is at renewal.

Please be sure to discuss this further with a licensed insurance representative.

Or Ask another question at Ontario Auto Insurance Questions and Answers

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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Note: Always speak with a licensed insurance professional about your specific situation. 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.

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.  Make sure you review the "please read" page. Always speak with a licensed insurance professional about your specific situation.

Always speak with a licensed insurance representative about your specific situation.

This site is general in nature and there may be errors or ommissions

Please Read

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