# data[].attributes.attachment_link.readable_text
A Brief History

Widespread use of the automobile began after the First World War. Cars were relatively fast and dangerous by that stage, yet there was still no compulsory form of car insurance anywhere in the world. Injured victims would seldom get any compensation in an accident, and drivers often faced considerable costs for damage to their car and property.

Compulsory car insurance was first introduced in the United Kingdom with the Road Traffic Act 1930. This ensured that all vehicle owners and drivers had to be insured for their liability for injury or death to third parties whilst their vehicle was being used on a public road.

On November 1st, 1996 the Automobile Insurance Rate Stability Act became law within Canada. This act set out provincial minimum standard automobile insurance. To deter persons from intentionally driving without insurance, the maximum fine for a first office is set at $25,000 and a maximum fine of $50,000 is set for secondary offences

Basic auto insurance is mandatory throughout Canada with each province's government determining which benefits are included as minimum required auto insurance coverage and which benefits are options available for those seeking additional coverage.

Some provinces in Canada have implemented some form of no-fault insurance. The primary purpose of no-fault automobile insurance plans is to provide benefits to persons insured regardless of who is at fault. In Ontario, a threshold no-fault system is used. Under this plan, legal action against the responsible party is not permitted unless a certain "threshold" is exceeded (serious impairment, disfigurement, etc.).

* "Canada's private automobile insurers pay out more than $7 billion dollars each year for injuries, death and damage to property. Over 4000 people die in car automobile accidents and another 275,000 are injured in Canada every year."

Mandatory Coverages in Ontario (OAP 1):

1. Liability (PL/PD)

2. Accident Benefits

3. Uninsured Automobile Coverage

4. Direct Compensation - Property Damage Coverage

Optional Coverages in Ontario (OAP1):

1. Increased Liability Limits

2. Physical Damage (Loss or Damage Coverage)

3. Optional Accident Benefits Coverage

4. Other Coverages or Endorsements

*Source: 2009 Facts; Insurance Bureau of Canada (IBAC)

# data[].attributes.attachment_link.description
A Brief History Widespread use of the automobile began after the First World War. Cars were relatively fast and dangerous by that stage, yet there was still no compulsory form of car insurance anywhere in the world.

# data[].attributes.attachment_link.title
Ontario Car Insurance – Here’s what you need to know

# data[].attributes.attachment_link.readable_text
When we fantasize about buying a new car, we usually picture the keys being dropped in our hand, driving off the lot, burning down the tree-lined country road or cruising a downtown strip. Rarely do we envision sitting at a desk and paying for car insurance. That's not quite as exciting. But proper automobile insurance is as important to the car owning experience as filling up your gas tank.

# data[].attributes.attachment_link.title
What Is the Cost of an Average Car Insurance Plan per Province & Where Is the Cheapest?

# data[].attributes.attachment_link.description
When we fantasize about buying a new car, we usually picture the keys being dropped in our hand, driving off the lot, burning down the tree-lined country road or cruising a downtown strip. Rarely do we envision sitting at a desk and paying for car insurance. That's not quite as exciting.

# data[].attributes.body
Getting your license and learning to drive is an exciting part of growing up and unlike in the movies where you turn 16 and get handed your license and car keys, it will require some planning. After passing your written exam and filing all the paper work you have to get insurance. If you've never gotten insurance it can be overwhelming and scary because of all the options, questions asked and the expense. In the following videos, articles and images I'll explain what the options are, why rates differ from person to person, what the purpose of insurance is, what makes Ontario an expensive place to purchase insurance, and how you can save.

# data[].attributes.body
The articles published by Canada drives talks about the variations in insurance rates across the 10 provinces. With the cost of living ranging across Canada its no surprise that other living expenses like insurance also vary. Its widely know that British Columbia is a very expensive province to live in and that a province like Prince Edward Island would be cheaper and this is reflected by the insurance rates. British Columbia has the most expensive insurance rates with an average premium of $1832/annually while PEI, second cheapest, has an average insurance premium of $816/Annually.

One thing I found extremely interesting and therefore useful is that even though Ontario is the most populated province its not the most expensive. I would have thought the province with the most amount of people, therefore most number of motorists would have the highest insurance rates because of the extra cars on the road, therefore increasing the likelihood of a crash and putting motorists at a higher risk.

# data[].attributes.attachment_link.readable_text
Why you need car insurance

You must have car insurance if you own a car or other vehicle.

Car insurance may protect you from:

having to pay to repair your car or other vehicle if it's damaged or in an accident

liability claims if you're held responsible for an accident causing damage to another person's vehicle or injury to other people​

Insurance companies may refer to car insurance as property and casualty insurance. Property and casualty insurance also includes home insurance, business insurance and disaster insurance.

Who a car insurance policy covers

If you get into a car crash, your insurance may cover:

​the driver

all passengers

other people who are involved

In some provinces, injured passengers or other people involved in the accident who have their own insurance policy must make a claim under their policy first.

The principal driver is the person who drives the car most often.

Additional drivers are other drivers in the household who may use the car as part of their routine, such as driving to school or work. Your insurance policy must list additional drivers. If additional drivers have a poor driving record, your premiums may increase.

Occasional drivers are drivers who only use the car from time to time.

What a car insurance policy covers

Coverage is the maximum amount of money the insurance company will pay you if you make a claim for a loss or an event covered by your policy.

Mandatory insurance coverage

Canadian provinces and territories require drivers to have mandatory coverage. Some provinces may require more coverage than others.

Liability insurance

Liability insurance covers losses, such as injury or death, which your vehicle causes to other people. It also covers damage your vehicle causes to other vehicles. If the cost of the losses or damage is more than your liability limit, you'll need to pay the balance of the settlement yourself.

Liability insurance does not cover the cost of repairs to your own vehicle. You may need to consider additional insurance to cover these costs.

Accident benefits/bodily injury insurance

Accident benefits cover the cost of your own medical expenses and loss of income when you're in a car accident.

In Quebec, you're automatically enrolled for insurance that covers bodily injury. Premiums are paid as part of your driver's licence registration. You don't need to buy extra coverage for this.

Additional insurance coverage

Your car insurance policy may also provide you with additional benefits.

Collision insurance

Collision insurance covers the cost of repairing or replacing your car if you hit another car or object. This is sometimes included with your mandatory insurance coverage.

Ask your insurance company what coverage your policy provides.

Comprehensive insurance

Comprehensive insurance covers the cost of repairing or replacing your car due to other types of damage or loss. This may include:

Comprehensive insurance doesn't cover loss or damage to your car if you hit another car or object in a collision.

Ask your insurance company what coverage your policy provides.

Optional insurance coverage

Depending on your driving record, you may not be eligible for all types of optional insurance.

You can to buy extra insurance to pay for risks not covered in your basic policy. Insurance companies call this a rider or an endorsement. You'll pay extra for this.

You may also want to consider if you'd need additional insurance coverage for:

renting a car or using alternate transportation while your car is being repaired

repair to physical damage to a rental car

emergency road-side assistance

collision forgiveness which keeps your premium from increasing following the first accident for which you're at fault

depreciation to make sure you receive the full value that you paid for your car

Ask your insurance company what your policy covers and does not cover. Ask for what risks you might need extra coverage.

What a car insurance policy does not cover

Most car insurance policies don't cover the loss of personal possessions, such when a thief steals golf clubs, clothing or personal electronics from your vehicle. Your home or tenant's insurance usually covers these losses.

Check your home insurance policy to find out if it provides coverage for the theft of personal items from your vehicle.

Read your car insurance policy carefully. Always make sure you understand what it does and does not cover. Keep it in a safe and accessible place. Refer to it when needed.
Learn about what home insurance policies usually cover.
How an insurance company calculates premiums

Premiums are the amount you pay to buy insurance.

When determining how much you'll pay for premiums, insurance companies may consider factors such as:

your age

your gender

where you live

what car you drive

how much you use your car

your driving record

your claim history

the type of coverage you choose

the amount of your deductible

A deductible is the amount of your claim you agree to pay before your insurance company pays the rest.

Shop around for the lowest insurance premiums

Your premiums will vary from one insurance company to another. It's important to shop around, ask for quotes, and compare prices before deciding on one insurance company. In some cases, you may be eligible for a discount by combining your home and car insurance.

When shopping for a car, check the insurance rating for the car you're thinking of buying. Insurance companies assign ratings based on the claims made on different makes and models. Cars with better ratings are cheaper to insure. You can get rating information from:

In most provinces and territories, an insurance company can charge higher premiums based on your credit rating.
Learn how your credit rating may affect your premiums when shopping around for insurance.
What to do if your car insurance premiums increase

In some cases, your car insurance premiums may increase.

Re-evaluate your needs

Review your insurance needs with your insurance company. You may want to consider asking about the following options for lowering your car insurance premiums:

raising your deductible

dropping collision coverage if your car has a low resale value

a package deal for insuring your home and car, or more than one car, with the same insurance company

Shop around

Shop around, get quotes and compare prices from different companies and brokers to make sure you're getting the best deal.

Car insurance settlement options

Your insurance company will review your claim and decide how it will settle your claim.

When you make a claim, you're always responsible for paying the deductible. How much money you get from your claim depends on your insurance benefits.

Remember that the amount of your deductible may reduce the amount you get from a claim.

Repair or replace

Your insurance company will pay for your car to be fixed or rebuilt to the same condition it was in before it got damaged.

Betterment

Your insurance company will only pay for your car to be fixed to the same condition it was in before it got damaged. If your car needs any additional repairs on things that were broken before the accident, you'll be responsible for paying the additional cost for these improvements to your car.

Write-off

Your insurance company may decide to treat your car as a write-off instead of repairing it, if the cost to fix your car is more than the value of your car before it was damaged. Your insurance company would provide you with a cash settlement based on the value of your car before it was damaged.

Settling a claim if you have a car loan

If you have a car loan, your car insurance policy will usually include a loss payee clause. A loss payee clause makes your lender your beneficiary. In case of loss or damage to your car, your insurance company will pay your lender (your beneficiary) up to the remaining balance of your car loan when you make a claim.

When you make a claim, your insurance company may, at its discretion, give the money to either:

you, so you can fix your car when you submit a claim

your lender, who would then give you the money for repairs after you submit receipts proving they were done

Related links

Report a problem or mistake on this page

Thank you for your help!

You will not receive a reply. For enquiries, contact us.

# data[].attributes.attachment_link.keywords[]
personal finance; consumer protection; insurance; insurance companies; property and casualty insurance; automobiles; premiums; motor vehicles

# data[].attributes.attachment_link.description
You must have car insurance if you own a car or other vehicle. Car insurance may protect you from: having to pay to repair your car or other vehicle if it's damaged or in an accident liability claims if you're held responsible for an accident causing damage to another person's vehicle or injury to other people​ Insurance companies may refer to car insurance as property and casualty insurance.

# data[].attributes.body
Auto Insurance is a monthly or yearly payment you make to a company that will provide protection in the case of an accident. When an accident happens, depending on who’s at fault, insurance will pay for repairs on your car and others involved in the accident if they are repairable. They will also deal with the other persons insurance to find who was at fault and whose insurance is liable to pay for damages.  Insurance policies are customizable with you having to have a minimum of third-party liability with the option to add additional coverage.

What I failed to realize before about insurance was that the deductible is your portion of the financial responsibility during a crash. I thought the monthly premium was the only thing you had to pay and that if you got in an accident everything was covered by insurance. If your insurance rates aren’t affordable, then raising your deductible could lower your rates but increases your financial burden in the case of an accident. If you are a safe driver, who isn’t at risk of getting in a crash then it might be a good idea to raise your deductible in the likelihood you won’t have to pay it.

# data[].attributes.body
The United Kingdom was the first place to introduce mandatory insurance because before then, victims in accidents would rarely get compensation and no one was held accountable. In late 1990’s auto insurance became the law and it offered protection for motorists and anyone on or around motorways. Anyone operating a motor vehicle had to have a basic insurance policy and to make the process of transitioning to mandatory insurance go by smoothly, hefty fines were issued to anyone who did not comply.

It’s a little concerning to think that insurance was first introduced to Canada less than 26 years ago, and yet the price increase for certain provinces insurance premiums have increase nearly nearly 60% since 2015. The increase in cost in such a short amount of time makes me wonder if our provincial governments are doing enough to stop the rapid and high price increases.

# data[].attributes.body
Canada requires a minimum liability insurance of $200,000 that covers the damages when you’re deemed at fault in an accident. It covers bodily harm liability and property damage liability which protects the other person if they or their property is hurt/damaged. This type of insurance doesn’t cover your damages or medical expenses if you have them, it only protects a 3 rd party. Additional coverage can be added like uninsured motorist coverage, direct compensation property damage coverage, comprehensive coverage, collision coverage and accident benefit coverage which will all protect you in the case of an accident.

Something interesting is that even though $200,000 is the minimum it still wont cover a large majority of accidents, so people pay for additional coverage to have extra protection. If the average accident is going to cost more than $200,000 then why don’t we raise the minimum to 1 million in coverage, which is the average people usually get.

# data[].attributes.attachment_link.title
What Factors May Affect Your Car Insurance Premium? | Allstate Insurance

# data[].attributes.body
In Canada there are a lot of factors that can raise or lower your premiums. The make and model of your car can affect your premiums because a more expensive car will require a more expensive repair if it gets damaged. Your driving record, years of driving experience and age will determine how much of a risk you are, as well as how much you drive, where you live and where the car is parked/stored. The two factors that you can use to lower your premium is the type of coverage you want, only 3 rd party will get you a lower premium, and your deductible, high deductible means a lower premium.

One thing I found surprising was that gender no longer affects premiums. When I used to get insurance quotes, one question they would always ask is what my gender was. Looking farther into why it isn’t asked anymore I found that with more openness towards gender identities the need to ask the question when accessing risk as an insurer was no loner useful because they didn’t have data for people who didn’t identify or who weren’t cis female and cis male. With minimal data to support a higher or lower premium based on identity they couldn’t justify charging more or less for a certain gender identity.

# data[].attributes.body
The image is of the 401 if you were standing on the bridge at keele. In 1958 the 401 was one of the busiest highways and yet because of the low number of cars on the road it only required 4 lanes to carry the amount of people using it.

Knowing what the 401 now looks like, with its minimum of 12 lanes it must mean that there has been a significant increase in cars on the road and that could be a huge factor in why Ontario residents pay one of the highest insurance rate premiums.

# data[].attributes.attachment_link.title
Business Report: Ontario's most expensive auto insurances rates

# data[].attributes.body
In 2020 Brampton used to have the highest insurance rates but during 2021 rates.ca published an updated report that showed Vaughn had the number one highest insurance premiums. Ajax came in at the second highest, Richmond Hill third and Brampton, which used to be the number one highest is now the 4 th most expensive city for insurance rates.

Toronto came 7 th on the list of most expensive cities to get insurance rates for if you live there and it was shocking because they are the most populated city in Ontario and yet they don’t even rank in the top 5 most expensive insurance rate premiums. The amount of people on the road effects your rates and that’s why more populated cities generally have higher premiums than a small town would, but sine Toronto doesn’t have the highest premiums It makes me wonder if maybe Vaughn has the most amount of traffic and people driving on the road there and that’s why their premiums are so much higher.

# data[].attributes.attachment_link.title
🆕 How To Get Cheap Car Insurance in Ontario | 13 ways to get Cheaper Ontario Auto Insurance

# data[].attributes.body
Getting insurance for the first time can be the most expensive rates you will ever pay because of the limited driving experience and lack or driving record. Some ways to get cheaper insurance would be to increase the deductible, pay annually and get a 3% price decrease with most companies, take a certified driving school course, and drive less kilometres. Some companies will also have additional price reductions for installing winter tires and all seasons, living away from major cities and signing up for a safe driver program that monitors your driving habits. By far the best way to get a deal is to shop around for the best deals and lower your limits and deductibles if you don’t have a lot of the risk factors for getting in an accident.

If you can afford to pay for the annual amount of insurance up front, its worth it to get the 3% price reduction and then you don’t have to think about it until insurance renewal in 12 months. These are great ways to save as someone who doesn’t have a lot of driving experience because without a record of clean driving its difficult to get discounts especially if you cant bundle home and auto or don’t have multiple cars to insure at once to get a bundle deals. I think this is a great video because it has plenty of ways to save as a young driver or teen.

# data[].attributes.attachment_link.readable_text
What auto insurance company is the best in Ontario for young drivers? Turns out the answer is different depending on whether you're a man or a woman. For female drivers 25 and under, Aviva has the best average premiums. For males, it's Intact. But it gets even more complicated than that. We ran quotes for 12 young drivers in our quoting system, and seven different insurance companies had the best rate for at least one of them.

Finding the best auto insurance company for young drivers is no easy task. The first thing you need to know is that insurance companies see young men very differently than young women. So we created 12 different fictional driver profiles, six men and six women, all 25 or younger, and ran quotes for them. As suspected, the story was a little different for men than it was for women.

For males aged 25 or under, we found that Intact Insurance has the best rates, on average, in the province. For females in the same age bracket, Aviva Canada offers the lowest average auto insurance premiums. But that just scratches the surface of what we learned.

Aviva Canada has the best auto insurance rates, on average, for females 25 and under.

Intact Insurance has the best average rates for male drivers 25 and under.

Seven different insurance companies (Aviva, Intact, Pembridge, SGI, CAA, Coachman, Jevco) offer the best rate for at least one of the 12 driver profiles we created.

Aviva appears to be the best insurer for young G2 drivers, regardless of gender.

Before we go on to share the details of our study, it's important to note that there's much more to determining the best insurance companies than just price. We focus on price here because it's the one factor that definitely varies by age. Check out our Best Insurers blog post, where we talk about other factors like service and claims experience, and share Google and JD Power ratings.

The Rankings

Here is how our top auto insurers stack up against each other when it comes to prices for young drivers.

In order to be a useful ranking, we had to generate separate lists for men and women, and for high-risk vs. regular market insurers.

High-risk insurers are ranked separately because the nature of the customers they take on (drivers with a history of non-payment of premiums, at-fault claims, tickets etc.) means that their premiums are naturally higher than those of regular market insurers.

Rankings for male and female drivers are separate because young men are statistically much worse drivers than young women, and are viewed very differently by insurance companies. This difference fades with age, and all but disappears by age 25.

How we came up with the rankings

There are a number of ways to evaluate insurance companies. You can base it on how easy it is to get a quote and buy a policy, reviews of their customer service, or the experience of policyholders who have had to make a claim. Because in this case we are talking about how insurance companies cater to a particular market, the only way to reliably rank them is on price, as that is the only factor that is significantly different for young drivers.

So to determine how insurance companies perform in terms of pricing, we created 12 fictional driver profiles, six men and six women, and ran quotes for each of them. Although the drivers are made up, the prices we generated accurately reflect what someone with similar circumstances (age, gender, location, driving record) would pay in the real world.

Just to make sure we compared apples to apples, all of the quotes were based on the same coverages, policy limits, deductibles and discounts, as follows:

With the exception of G2 drivers (Riley and Isa), everyone got their G1 the day they turned 16, G2 one year later, and G license one year after that

Winter tire discount was included on all quotes

No honour student discounts

No multi-vehicle or home bundle discounts

Coverage details:

$1 million liability coverage

Zero deductible for direct compensation claims

$1,000 deductible for collision and comprehensive claims

Accident forgiveness where available

Replacement cost coverage where available (mostly for cars under three years old)

$1,500 coverage for loss of use (rental car)

$50,000 coverage for damage to unowned vehicle (rental, loaner, etc.)

Family protection endorsement in case you or your family are injured by another driver who's inadequately insured

Meet our young male drivers

We ran quotes for the following young male drivers:

Riley, Male, 17 (G2 license), single, Woodstock (N4T), clean record
Drives a 2017 GMC SIERRA 1500 CREW CAB 2WD

Keegan, Male, 20, single, Cornwall (K6K), following too close in 2018
Drives a 2010 VW GOLF 2.0 TDI WAGON

John-Paul, Male, 21, single, Burlington (L7P), clean record
Drives a 2010 TOYOTA MATRIX WAGON

Hakim, Male, 23, common-law, Goderich (N7A), at-fault and speeding in 2017
Drives a 2014 NISSAN 370Z ROADSTER

Jock, Male, 25, married, Lindsay (K9V), speeding in 2018
Drives a 2018 MINI COOPER COUNTRYMAN 4DR

Zachary, Male, 24, divorced, Port Hope (L1A), speeding in 2019, 2020, impaired and at-fault in 2021
Drives a 2011 ACURA TSX SPORT WAGON

And here are the quotes. Note that Zachary was not included when we calculated average premiums, because his record makes him a high-risk driver, and so his best quotes are from high-risk insurers.

Rates provided by Mitchell & Whale's car insurance quoter, with access to 40+ insurance companies in Ontario. Note: If Zachary lived in Toronto, his best insurer would be Pafco, and he'd be paying over $10,000 a year.

Intact is the clear winner with young male drivers in the regular market. They have the lowest average, offer the best quote for two drivers, and they are no worse than fourth on any profile. But if you're Riley (G2 driver), Intact will cost you 28% more than Aviva.

Meet our young female drivers

We ran quotes for the following young female drivers:

Isa, Female, 18 (G2 license), single, Kanata (K2L), clean record
Drives a 2017 FORD FOCUS ELECTRIC 5DR

Wren, Female, 19, single, Scarborough (M1G), speeding ticket in 2019
Drives a 2016 CHRYSLER 300 S 4DR

Akilah, Female, 22, single, Kenora (P9N), clean record
Drives a 2015 CHEVY IMPALA LS 4DR

Karlee, Female, 23, married, Whitby (L1N), at-fault claim in 2018
Drives a 2019 BMW 330i Xdrive 4DR AWD

Grey, Non-binary², 25, common-law, Georgetown (L7G), speeding ticket in 2019
Drives a 2020 HYUNDAI TUCSON URBAN EDITION 4DR AWD

Dalilah, Female, 20, married, Strathroy (N7G), impaired driving and speeding in 2020
Drives a 2008 MAZDA MX5 MIATA GT CONVERTIBLE

² Non-binary or gender X drivers are rated as males, then as females, and are given the lower of the two rates. For young drivers, this effectively means they are rated as females.

And here are the quotes. Dalilah was not included when we calculated average premiums because the best quotes are from high-risk insurers.

For young women drivers, Aviva is the overwhelming winner, with the lowest average quote, and offering the best price for three out of six profiles. But if you happen to be Grey or Akilah, you don't care that Aviva loves young female drivers, because their quote for you is 20-25% higher than the lowest rate offered by another insurer. The moral of the story is that insurance pricing is very specific to the individual, and the only way to know you're getting the best rate is to get quotes from as many companies as you can.

Will these rankings change over time?

Rankings based on rates are accurate at the time the quotes are run. History shows that some companies remain competitive over years in certain market segments, but exact rates often vary every few months and certainly over a year or more.

The rankings in this piece are based on rates that insurance companies file every quarter with the Financial Services Regulatory Authority of Ontario (FSRA). Not every company changes their rates every quarter, but many do, and they have to justify their new rates with evidence of how much money they've spent in paying claims. When a company has a quarter with lower claims costs for a particular market segment, say young drivers, they may reduce their rates for that segment. If their claims go up, well, obviously they will have to collect more premium to cover those costs, and rates will increase.

So the auto insurance market is constantly fluctuating, with some companies lowering rates to attract more of a particular type of customer, and others increasing rates for that same group, just to stay profitable. It's not likely that one insurer will be the cheapest in a given segment for very long. If they are, and they can make a profit, eventually others will lower their rates to try to mimic their success.

How can young drivers save on auto insurance?

1. Get insured under your parents

All of the quotes included in this piece are for standalone policies, meaning that the person in question is the primary driver on the vehicle. By far the most affordable way for young drivers, especially those under 20, to gain experience is to be listed as an occasional driver on their parents' policy.

Take Keegan, for instance. He's 20, lives in Cornwall, and had a conviction for following too close in 2018. On his own, his best rate would be $2,195 with Intact Insurance. But assuming he's still living with his parents, he could be listed as an occasional driver on the same car for only $917 more than his parents are already paying with CAA (only $339 if he was a girl). This can make an even bigger difference in the GTA, where rates are much higher for young drivers.

2. Prove you're a good driver (telematics)

Even if you're a conscientious, safety-oriented individual, you are paying for the sins of every young driver that came before you, because you haven't had a chance yet to build a 10 or 20-year record of clean driving. This can seem incredibly unfair, especially for young men, who even with a clean record, can sometimes pay three or four times the provincial average for insurance.

The only way for young drivers to mitigate this effect is to opt for a telematics device that measures how you drive and can save you big bucks if you drive safely. To illustrate, we ran quotes for a G1 driver, Erik, whose best rate would ordinarily be $5,051 with Aviva, but if he opted to go with telematics, he would automatically get a 10% discount for signing up with Intact's "my Drive" program. So his base rate would be $4,672, and could go as low as $3,884 by the end of the policy term if he drove like a saint.

3. Avoid tickets and accidents

If you're 50 and you've been driving for 30 years, having one speeding ticket or even an at-fault on your record won't necessarily affect your premium that much. If you're under 25, tickets and at-faults will cost you dearly.

In the quote examples above, Wren's best rate, with Aviva, is $7,432. If she didn't have a speeding ticket on her record, Aviva would still be her best choice, but the premium would be $5,467. That's an extra 36% she's paying, for one speeding ticket.

Your best insurer is here

We want all Ontario drivers to end up with the insurance company that is best suited to their individual needs. Depending on who you are, how old you are, where you live and how clean your record is, your best insurance company could be any one of seven or more. There's really only one way to always hit the bullseye. Shop with a licensed insurance brokerage like Mitchell & Whale. With 40+ insurance company partners, we've got the best insurer for you, regardless of your circumstances. We're waiting for your call.

# data[].attributes.attachment_link.title
The Best Car Insurance Companies For Young Drivers in Ontario

# data[].attributes.attachment_link.description
What auto insurance company is the best in Ontario for young drivers? Turns out the answer is different depending on whether you're a man or a woman. For female drivers 25 and under, Aviva has the best average premiums. For males, it's Intact. But it gets even more complicated than that.

# data[].attributes.body
For every 10 kilometres expect to pay roughly $10 – 20 over $191/month. For every 5 years that your car is older expect to pay $33-$34 less. Each new generation can expect to pay 1.3 times the amount as the previous generation.

I like this type of median because it makes it easy to see the breakdown of cost over the years. It also gives 3 different sets of data in a concise manner that has all the relevant information.

# data[].attributes.body
The most surprising thing to learn was what a deductible was. I had always been under the impression that what you pay monthly was all you had to pay and that in the case of an accident insurance would take care of everything financially that had to do with damages and injuries.

# data[].attributes.headline
Provide a real life example of how this topic is relevant to you

# data[].attributes.subject
Provide a real life example of how this topic is relevant to you

# data[].attributes.body
I’m now 20 and have had insurance for the past 4 year but haven’t had to purchase insurance solely for myself yet, it’s always been done by my parents. In the next year I’ll have to purchase my own insurance and go through the process so knowing how my location, age, driving record, deductible, liability limits and car model effects my premiums I can make changes that will lower my rates.

# data[].attributes.headline
What knowledge I would pass to my friends/family.

# data[].attributes.subject
What knowledge I would pass to my friends/family.

# data[].attributes.body
I think the most important thing I would pass onto a family member or friend would be that if they don’t drive very much, stay away from the city and highways, and have a low risk of getting in an accident then they could raise their deductible and save money. I would also tell them that they kind of car they want will impact their premium cost.

# data[].attributes.body
Mitchell and Whale team created 12 driver profiles and got insurance quotes from several different companies to find the best companies for high-risk female and males under 25 and for the average male and female driver under 25. All the profiles had the same time period for getting their license, winter tire discount and coverage details. They found that for females and males under 25 with regular driving habits, Aviva was the best for females and Intact was the best for males. For females and males under 25 with high risk driving habits they found that Jevco was best for females, and Coachman was best for males.

I really like how the website showed the price difference between the rates for male and females and I also like how the specimen pool was large and used the same or similar data as other profiles to ensure the most accurate quotes for insurance premiums.