Can you guess which city in Ontario has the most expensive car insurance?
First, let’s take a look at a surprising detail.
A 3.8% DECREASE IN INSURANCE COSTS
It’s reported that car insurance prices dropped by 3.8% due to reduced traffic during the pandemic as more people worked from home. Did you notice this reduction in your insurance? I doubt it. In my opinion, there’s a massive cartel keeping prices high.
MOST EXPENSIVE AND CHEAPEST CITIES FOR INSURANCE
Brampton loses its top spot to Vaughan.
For years, Brampton led as the city with the highest car insurance rates. Now, Vaughan takes the lead, followed by Ajax and Richmond Hill.
TOP 10 MOST EXPENSIVE CITIES FOR CAR INSURANCE IN ONTARIO
1. Vaughan – $2,179
2. Ajax – $2,104
3. Richmond Hill – $2,025
4. Brampton – $1,976
5. Mississauga – $1,971
6. Pickering – $1,959
7. Toronto – $1,953
8. Oshawa – $1,833
9. Whitby – $1,792
10. Nobleton, Schomberg, Orangeville, King City – $1,766
TOP 10 CHEAPEST CITIES FOR CAR INSURANCE IN ONTARIO
1. Kendal – $1,271
2. Port Hope – $1,175
3. Amherstview – $1,132
4. Brockville – $1,132
5. Iroquois – $1,132
6. Martintown – $1,132
7. Elizabethtown – $1,132
8. Cornwall – $1,132
9. Kingston – $1,132
10. Gananoque – $1,132
DID YOU KNOW?
Taking online and in-car lessons from driving schools can save you an average of $40-$80 per month on car insurance, which adds up to around $600 annually.