Toronto Auto Insurance May 2026

If you don't make changes, your policy will likely renew with your current level of coverage, though insurers must notify you of the option to opt out of certain benefits in writing. Required vs. Optional Coverage

Rates vary significantly by neighborhood. Metro Toronto averages approximately $2,888 annually, while North York, Etobicoke, and Scarborough often see higher premiums due to higher urban density and theft rates. toronto auto insurance

The average cost typically ranges from $1,800 to $3,500 per year. If you don't make changes, your policy will

Many benefits that are currently mandatory—such as income replacement, caregiver, and housekeeping benefits—will become optional . Starting , Ontario will shift to a more

Starting , Ontario will shift to a more flexible auto insurance model.

In Toronto , auto insurance is mandatory for all drivers, governed by provincial law under a . This means that in the event of an accident, you typically deal with your own insurance company for claims, regardless of who caused the collision. Average Costs in Toronto