Average Renters Insurance Cost in Ontario by City

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By Matthew Roberts
Last updated on March 09, 2026

1 minute read

MyChoice follows a strict content review process designed to ensure reliable and unbiased information.

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How Much Is Renters Insurance in Ontario in 2026?

The average cost of renters’ insurance in Ontario is between $190 and $400 per year, depending on your city and personal circumstances. If you’re in the process of apartment hunting in Ontario, knowing how tenant insurance varies can better inform your budget decisions.

How Much Is Tenant Insurance in Toronto and Other Ontario Cities

The Cost of Tenant Insurance Across Ontario Cities

Location is one factor that influences how much you pay for tenant insurance. Here are the average prices for renters’ insurance in Toronto and other Ontario cities.

CityAverage Rate
Barrie$208
Burlington$212
Cambridge$244
Hamilton$208
Kitchener$202
London$211
Markham$349
Mississauga$203
Oshawa$228
St. Catharine’s$234
Sudbury$334
Toronto$217
Vaughan$296
Windsor$311
Source: MyChoice Database, 2026

Ultimately, how much you pay for tenant insurance depends on your unique living circumstances. These are just general averages.

By Matthew Roberts

With over 7 years in the insurance industry, Matt focuses on home and life insurance, offering sharp analysis and insights on underwriting trends, coverage structures, and how market changes impact consumers.

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