Most expensive city for car insurance in Ontario

Have you ever wondered where the most expensive place to insure your car in Ontario is? According to a new report released by InsuranceHotline.com, Brampton takes the top spot for the highest car insurance premiums in the province.

The report compares the average car insurance rates across Ontario cities and found that Brampton has an average rate of $2,698 per year, which is almost double the provincial average of $1,505. Factors such as a high population density and accident rates contribute to Brampton’s high rates.

Other cities that made the top 5 list include Mississauga, Vaughan, Toronto and Markham, with all of their average rates being above the provincial average.

It’s important to note that insurance rates vary depending on a variety of factors, including driving record, insurance history, and type of vehicle.

For those who live in these high-rate areas, it’s highly recommended to shop around for insurance quotes and compare prices to find the best deal possible.

As car insurance is mandatory in Ontario, it’s crucial to be aware of the costs associated with it. Understanding the factors that affect your insurance rates and taking steps to mitigate them can save you a lot of money in the long run.