What is the cheapest car to insure in Ontario Canada?

Which cars have the cheapest insurance in Canada?

If you are looking for a cheap car to insure in Canada, here are some models that you can consider:

  1. Chevrolet Spark. …
  2. Mitsubishi Mirage. …
  3. Toyota Corolla. …
  4. Honda Civic. …
  5. Toyota Camry. …
  6. Chevrolet Cruze. …
  7. Nissan Sentra. …
  8. 2009 Dodge Journey.

How do I get the lowest car insurance in Ontario?

5 Ways to Get Affordable Car Insurance in Ontario

  1. Raise your Deductible to Get Cheap Car Insurance. …
  2. Save on Car Insurance by Bundling your Policies. …
  3. Drive Less and Let Your Insurer Know. …
  4. Pick a Car that Costs Less to Insure. …
  5. See if You Qualify for Lifestyle Discounts. …
  6. Compare Car Insurance Policies to Get Cheaper Rates.

Which car model has cheapest insurance?

Cheapest cars to insure among popular models

IT IS IMPORTANT:  You asked: Can a car lease be broken?
Rank Average annual insurance premium Starting MSRP
1. Subaru Outback $1,392 $26,645
2. Jeep Wrangler $1,416 $28,295
3. Honda CR-V $1,439 $25,050
4. Subaru Forester $1,465 $24,495

What is the cheapest car in Ontario?

The 10 cheapest new cars in Canada

  • Chevrolet Spark LS – $10,195.
  • Nissan Micra S – $10,488.
  • Mitsubishi Mirage – $10,998.
  • Hyundai Accent – $14,599.
  • Nissan Versa Note – $14,698.
  • Kia Rio – $14,895.
  • Honda Fit – $15,590.
  • Toyota Yaris – $16,595.

Which city in Ontario has the lowest auto insurance?

Cheapest cities in Ontario for car insurance

  • Kendal $1,271.
  • Port Hope $1,175.
  • Amherstview $1,132.
  • Brockville $1,132.
  • Iroquois $1,132.
  • Martintown $1,132.
  • Elizabethtown $1,132.
  • Cornwall $1,132.

Is it more expensive to insure a new or old car?

Older cars are cheaper to insure than newer cars, all else being equal. An older vehicle is cheaper to insure mainly because older cars are less valuable, so an insurer won’t have to pay out as much in the event of a total loss.

How much is car insurance per month in Ontario?

The average monthly car insurance rates in Ontario are between $125 to $158, depending on which part of the province you live in. This is the highest average car insurance rate among all provinces in Canada.

What’s the best car insurance company in Ontario?

Top Car Insurance Companies in Ontario (2022 Update)

  • Allstate.
  • Aviva.
  • Belairdirect.
  • Canadian Auto Association (CAA)
  • Desjardins Insurance.
  • Echelon.
  • Economical.
  • Gore Mutual.

How can I lower my insurance rates in Ontario?

How can I lower my premium rate in Ontario?

  1. Bundle your policies. Bundling your policies is a great way to save some money on your premium. …
  2. Take advantage of discounts. There are so many discounts available for car insurance policies in Ontario. …
  3. Adjust your payments. …
  4. Review your existing policy.
IT IS IMPORTANT:  Can I pay my car payment with a credit card Wells Fargo?

Which SUV has cheapest insurance in Ontario?

Cheapest SUVs To Insure

SUV Model Premium Monthly Payment
Honda CR-V $2,195 $183
Jeep Wrangler $1,968 $164
Hyundai Santa Fe Sport $2,463 $205
Dodge Journey $2,065 $172

What is the most expensive car to insure in Canada?

Most Expensive Cars to Insure in Ontario

  • 1 1. Toyota Camry.
  • 2 2. Toyota FJ Cruiser.
  • 3 3. Acura MDX.
  • 4 4. Acura RDX.
  • 5 5. Honda Civic.
  • 6 6. BMW X5.
  • 7 7. Porsche Cayenne.
  • 8 8. Acura TLX.

Which car has the cheapest insurance in Toronto?

The 10 Cheapest Cars to Insure in Ontario Based on Sales

  • Toyota RAV4. 32,393. 43,688. -25.85%
  • Honda Civic. 27,915. 44,306. -36.99%
  • Honda CR-V. 24,704. 38,547. -35.91%
  • Toyota Corolla. 20,512. 33,457. -38.69%
  • Hyundai Kona. 15,753. 17,532. -10.15%
  • Mazda CX-5. 14,500. 18,225. -20.44%
  • Hyundai Elantra. 14,389. 26,565. …
  • Hyundai Tucson. 14,273. 19,948.

What is the cheapest brand new car in Ontario?

1st-place: 2021 Chevrolet Spark LS Manual – $10,198 CDN

If buying the most affordable new vehicle in Canada is your goal, welcome to the 4-seater Chevrolet Spark. Although a bit pricier than last year, the Spark costs more like a used car but comes with a 3-year/60,000-kilometre warranty.

What is the best affordable car to buy?

Comparison of the best affordable cars for 2021

Category Name Base Price
Best affordable small car 2021 Hyundai Elantra $20,655
Best affordable midsize car 2021 Toyota Camry $25,965
Best affordable full-size car 2021 Dodge Charger $31,490
Best affordable hybrid car 2021 Honda Accord Hybrid $27,565

Is Honda Fit cheap insurance?

Average Honda Fit insurance cost is $1,168 per year, or around $97 per month, for a full coverage policy. The Fit ranks #2 out of 28 vehicles in the 2020 compact car class for insurance affordability. … The Fit EX-L Hatchback is the most expensive to insure at $1,222 per year.

IT IS IMPORTANT:  Should I take a personal loan out to buy a car?