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Recent Quotes From Our Users

Monthly PremiumsDate & TimeQuote TypeAgeGenderPostal Code
$84.22Jul 24, 2024, 04:44 PMAuto63FemaleM1J2C8
$43.53Jul 24, 2024, 06:04 PMHome47MaleL7P1Y9
$29.37Jul 24, 2024, 09:54 AMTenant41MaleN8W5N7

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Article Contents
Picture of By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated on May 16, 2024

Visit author page
Picture of By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated May 16, 2024

Visit author page

3 minute read

Article Contents

Quick Facts About Auto Insurance in Cambridge

  • Cambridge car insurance is LESS expensive than the Ontario average.
  • The average annual car insurance cost in Cambridge for a driver with comprehensive/collision coverage and a clean record is around $1,642.
  • Comparing Cambridge auto insurance quotes with MyChoice can save you up to $1,166 annually.

The Best Car Insurance Brokerages in Cambridge

Car insurance brokers can answer your questions and compare deals between multiple insurers to help you choose the right auto insurance policy. 

You can work with Cambridge insurance brokers to find the best insurance deals, so contact them for extra assistance when shopping for car insurance:

BrokerageAddressPhone number
Regal Insurance Brokers159 Main St
Cambridge, ON N1R 1W5, Canada
BrokerLink1165 Franklin Blvd
Cambridge, ON N1R 8E1, Canada
Monteiro Insurance Brokers Ltd12 Cambridge St
Cambridge, ON N1R 3R7, Canada
Conestoga Insurance Brokers Ltd.731 King St E
Cambridge, ON N3H 3N8, Canada

Most Expensive Postal Codes in Cambridge

The annual average auto insurance premium in Cambridge is $1,642, around $30 less than the provincial average of $1,673.

Here’s a detailed look at the most expensive postal codes for auto insurance in Cambridge:

Postal CodeAverage Annual Car Insurance Premium

Least Expensive Postal Codes in Cambridge

N1S (Cambridge Southwest) has the lowest insurance rates in the city, below the average.

Postal CodeAverage Annual Car Insurance Premium

Car Insurance Cost in Cambridge by Age

Auto insurance rates are affected by age because it’s usually related to driving experience.

Age affects your car insurance rates because it’s closely related to your driving experience. Teenagers pay more for insurance because they’re less experienced and are more likely to get in an accident, but their rates will lower as they age. Meanwhile, senior citizens pay more because they’re much more likely to get hurt in an accident. 

Here’s a breakdown of how age influences car insurance rates in Cambridge:

AgeAverage Annual RatesAverage Savings with MyChoice

Car Insurance Cost in Cambridge by Driving History

Your driving history impacts auto insurance premiums because it can predict your accident risk. High-risk drivers are more likely to get in accidents, landing them higher insurance rates. Conversely, safe drivers are less likely to be involved in an accident, giving them lower rates.

Your traffic violations and demerit points will “reset” after two years, but insurance companies usually check your driving record as far as 10 years back. 

Here’s a look at how different driving violations affect your auto insurance rates:

Driving ViolationAverage Annual Car Insurance Premium
Clean driving record$1,642
Insurance cancellation due to non-payment$2,693
Licence suspension for alcohol-related offences$1,970
One accident$3,613
Speeding ticket$2,135

Driving in Cambridge

With its rich architectural heritage, Cambridge is popular with filmmakers and played host to popular movies and TV series like The Handmaid’s Tale, American Gods, 12 Monkeys, and more. It’s also home to a large manufacturing industry that employs roughly 20% of its residents. 

With all these activities, Cambridge can be a busy city to drive in at times. Here are some key facts about driving in Cambridge you should know:

  • Major highways in Cambridge: 8, 24
  • Public transit options: Grand River Transit (bus), GO Transit (bus and train)
  • Ridesharing services: Uber, Lyft
  • Parking space providers: The City of Cambridge, private lots
  • Top tourist attractions: Fashion History Museum, Shade’s Mills Conservation Area, Cambridge Butterfly Conservatory, Queen’s Square Gallery, Riverside Park
  • Busy intersections: Hespeler Road and Bishop Street, Hespeler Road, Maple Grove Road, and Fischer Mills Road, King Street and Bishop Street
  • Airports: Region of Waterloo International Airport

Main Mode of Commuting in Cambridge

An overwhelming majority of Cambridge’s commuters travel by car, truck or van. Out of the 47,590 car users, 43,605 drive while the remaining 3,985 are passengers. Public transit and walking take the second and third-most popular commuting methods at 1,695 and 1,250 respectively. Here’s a closer look at how people commute in Cambridge:

Main mode of commutingCountsRates
Total – 25% sample data51,550100.0
Car, truck or van47,59092.3%
Car, truck or van – as a driver43,60584.6%
Car, truck or van – as a passenger3,9857.7%
Public transit1,6953.3%
Other method8151.6%

Commuting Duration in Cambridge

Most of Cambridge’s 51,550 commuters take 15 to 29 minutes to get to work. A smaller, but still considerable portion of them spend less than 15 minutes on their commute. That said, one-third of Cambridge commuters spend over half an hour commuting. Check this table for more details on commuting times in Cambridge:

Commuting durationCountsRates
Total – 25% sample data51,550100.0
Less than 15 minutes16,69032.4%
15 to 29 minutes18,54036.0%
30 to 44 minutes8,90017.3%
45 to 59 minutes3,4806.8%
60 minutes and over3,9357.6%

Driving Conditions in Cambridge

The weather, commute times, and other factors can affect your auto insurance rates. Here’s a quick look at the driving conditions in Cambridge:

  • Average daily commute time: 46 minutes roundtrip
  • Average annual rainfall: 32.11 mm
  • Average annual snowfall: 28.41 mm
  • Rainy days per year: 154
  • Rainiest month in Cambridge: October
  • Driest month in Cambridge: December
  • Snow days per year: 57
  • Snowfall months in Cambridge: January – May, October – December

Traffic in Cambridge

Cambridge is a city of over 130,000 people, making it the second-most populous city in the Waterloo Region. With its bustling manufacturing industry and frequent film productions, traffic in Cambridge may be heavier than in many other cities.

Here’s a quick look at the key traffic statistics in Cambridge:

  • Population: 138,479 people live within Cambridge’s city limits.
  • City area: Cambridge’s city area spans 112.99 km2.
  • Time spent in traffic annually: Most Cambridge residents spend 46 minutes in traffic daily on average, totalling roughly 280 hours per year.
  • Busiest highways: Cambridge’s Highway 8 connects to Highway 401, North America’s busiest highway that sees over 500,000 vehicles driving through it daily.

The Most Common Questions About Car Insurance in Cambridge

How much is car insurance in Cambridge?

The Average car insurance policy in Cambridge costs $1,642/year.

What information do you need for an auto insurance quote in Cambridge?

To get an auto insurance quote, all you need to provide is basic personal and vehicle information. However, you can get more accurate quotes by providing extra details like your driving history and past traffic violations.

How can you get cheaper auto insurance in Cambridge?

Compare car insurance rates in Cambridge with MyChoice, or visit our main car insurance page to learn other ways of getting cheap car insurance quotes.


Sample Size

We analyzed over 50,000 auto insurance quotes across Canada.


Average rates were calculated using a standard profile and incident profiles. All personal details pertaining to the quotes and policies have been kept confidential.

Standard Profile

Single driver, one car, currently insured, and a pristine driving record. Our base profile is a 35-year-old individual (both male and female) with a spotless driving record.

Incident Profiles

We examined how rates change by evaluating profiles with a clean record (standard), one at-fault accident, a single speeding ticket, license suspension for alcohol related offenses and insurance cancellation due to non-payment.

Vehicle Details

These individuals own a 2018 Honda Civic, commute five days a week, and cover a distance of 15,000 kilometres annually.

Vehicle Models

Costs were also analyzed for different vehicles: Mazda CX-5, Ford Escape, Toyota Corolla, Honda Accord, Chevrolet Equinox, and the base 2018 Honda Civic.

Age and Homeownership

Profiles from age 18-65 (standard: 35 years) were considered. Depending on age, individuals might rent or own their homes. Age-related regulations may vary across provinces.


MyChoice data science, MyChoice research.


1. Mychoice.ca Internal Data, Most Expensive Postal Codes, Ontario, Cambridge, Car Insurance Quotes Collected, 2024.

2. Mychoice.ca Internal Data, Least Expensive Postal Codes, Ontario, Cambridge, Car Insurance Quotes Collected, 2024.

3. Mychoice.ca Internal Data, Rate Cost By Age, Ontario, Cambridge, Car Insurance Quotes Collected, 2024.

4. Mychoice.ca Internal Data, Rate Cost By Driving History, Ontario, Cambridge, Car Insurance Quotes Collected, 2024.

5. City of Cambridge Website, Driving & Transit Information. Data Collected, 2024.

6. Statistics Canada, 2021, Census of Population, Ontario, Cambridge, Main Mode of Commuting. Data Published March 29, 2023.

7. Statistics Canada, 2021, Census of Population, Ontario, Cambridge, Commuting Duration. Data Published March 29, 2023.

8. Weather Network Canada, Historical Averages, Ontario, Cambridge.

9. 511 Ontario Traveller Information, Ontario, Cambridge.

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