Seniors between the ages of 50 and 65 get the cheapest car insurance in Toronto, on average. People in the aforementioned age group have a long insurance and driving history. Owing to their long loyalty to insurance companies and multiple insurance products with the same company, they get lower car insurance rates.

Moreover, seniors over 70 or 80 find their insurance rates rising slightly because insurance companies consider older seniors as high-risk drivers. Further, it usually takes longer for older people to recover once they are injured, plus making more expensive claims to their providers.

Are you a senior who is seeing your insurance premiums have increased with age? If you do, you can compare insurance rates of different providers to find the best rates that yield you savings

Students or young drivers are part of a demographic group that universally pays the highest insurance premiums. This is because of their inexperience as drivers, which can cause them to get into an accident and make claims.

Moreover, students (young drivers) have rates declining in their mid-twenties who had car insurance since age 16. You cannot control your age as a young driver, yet there are ways you can reduce your premiums. The following are some of the tips that you can capitalize on to reduce your premiums:

• Instead of buying your own car, use your parents’ car and ask them to add you as a secondary driver to their policy. 
• Take a driver’s education course that can help you get a discount from your provider with proof.
• Maintain good grades to get student discounts with car insurance from your provider.

You will need to earn an Ontario driver’s license as an immigrant in Toronto from another country. Besides, immigrants have to trade in their driver’s license in Toronto from their previous country with an Ontario driver’s license within 60 days of their arrival. 

Furthermore, you can request your previous car insurance providers to give a reference to your car insurance provider in Ontario about your positive auto insurance and driving history. In addition, you will need to go through Ontario’s graduated licensing system to obtain your license if you have not immigrated to Toronto, Ontario, from select countries.

High-risk drivers get high insurance premiums, with a conviction for a driving offence or driving without insurance coverage. Similar to other Toronto divers, high-risk drivers need to buy car insurance to drive in Toronto. 

Furthermore, there are insurance providers that offer coverage to high-risk drivers. Car Genie partners with the best high-risk insurance drivers to ensure high-risk drivers get the lowest car insurance rates possible.

If you are a high-risk driver, you can get in touch with a licensed agent to find car insurance at the lowest rates.

Toronto postal code with the highest average car insurance premiums is the M6M area in the former City of York. Furthermore, the M6M area covers the following neighbourhoods: Del Ray, Keelsdale, Mount Dennis, and Silverthorne.

In addition, the Toronto postal code with the lowest average car insurance premiums is the M5K district. Further, the M5K districts include a portion of Downtown Toronto, which is on Wellington Street between York and Bay Streets.

No matter whether you are in Toronto with the highest insurance or the lowest premiums, your car insurance agent can help you find the cheapest car insurance in Toronto that best fits your needs and situation.

Car insurance rates in Toronto, on average, are high. However, it is not the only city in Ontario with the highest auto insurance premiums. In fact, car insurance in Toronto is 42 percent cheaper than in Brampton. Furthermore, the following are the top five regions in Ontario where you will find the highest car insurance premiums:

• Brampton
• North York
• Mississauga 
• Scarborough
• Toronto

Nonetheless, car insurance in Toronto is still higher than in the Ontario province on average. Besides, it is a city with loads of road traffic. Car insurance companies know the possibility of theft and collision in Toronto is higher than in smaller cities. For this reason, they charge high insurance premiums to Toronto drivers. Yet, there are ways for drivers to get affordable car insurance in Toronto. For example, they compare rates of different insurance providers to find car insurance with the best rates.   

Moreover, the following are the cities in Ontario with the cheapest auto insurance:

• Ottawa
• Kingston
• Pembroke
• Cornwall
• Brockville

Besides, car insurance in Brockville is 59 percent cheaper as compared to Toronto. In addition, where you live is usually the variable that car insurance companies consider when charging premiums to Toronto drivers.

Car insurance in Toronto is expensive because insurance companies consider certain factors to base their rates on how insured drivers are likely to make claims. The following are some of the factors which lead to high car insurance rates in Toronto:

• Traffic Congestion – The 410 highway is one of the busiest highways in the world, which leads you straight through the city of Toronto. With so many cars on Toronto roads, the likelihood of accidents is higher. It also leads to higher insurance rates.
• Auto Insurance Fraud – Toronto is a big city that faces a lot of insurance fraud. When insurance companies have to compensate fraudulent claims and repairs, they cannot maintain lower premiums, which leads to higher premiums.
• Auto Theft – Driving a car that is most vulnerable to theft in Toronto also increases your premiums.

Nonetheless, there are ways you can find better rates or cheap auto insurance in Toronto. As an example, comparing insurance rates of different providers can help you find better car insurance rates.

You do not need to shop around for better rates until renewal time. The easiest way to find the best rates or affordable car insurance in Toronto is to shop online and compare. Moreover, the following things can also help you get cheaper car insurance rates:

• Taking a ministry-approved training program can help you get your license and also lower your premium.
• Buying and driving a car like the Toyota Camry, Honda Accord, etc., will cost you less to insure.
• Moving to an area in Toronto with lower premiums can lower your car insurance rates, too.
• Marrying recently can help you earn lower insurance premiums, too, with providers considering you as a safer driver.

It is only possible to get the cheapest auto insurance quotes in Toronto if you request a personalized car insurance quote from multiple car insurance providers to compare their rates. Moreover, only some car insurance companies will offer the cheapest rates to every driver in Toronto. Because insurance companies consider many factors when setting their insurance rates. Evaluating the risks, they determine their car insurance rates. Therefore, the best way to get the cheapest car insurance in Toronto is to match your car insurance needs with your provider.

At Car Genie, we make it quick and easy for drivers to find affordable auto insurance in Toronto. You need to provide your few details here to get car insurance quotes from top auto insurance providers in Toronto. Then, you can compare those rates to find the rates that best fit your needs for car insurance.