Car Insurance in Etobicoke at a Glance
| Average annual premium: | $2,431 |
| YoY city rate change: | +6.3% |
| Average monthly premium: | $203 |
| Etobicoke premium vs. Ontario average: | +14.0% more expensive |
| Cheapest postal code: | M8Z ($2,294) |
| Most expensive postal code: | M8V ($2,587) |
| Maximum savings with MyChoice: | $1,387 |
How Does Car Insurance Work in Etobicoke?
Car insurance is mandatory in Ontario, but it’s important to understand the factors that influence your insurance premium and the types of coverage you should consider.
Below is a breakdown of what’s included in your car insurance package in Etobicoke when you get a quote with MyChoice, categorized by mandatory and highly recommended coverages. Together, the mandatory and recommended coverage premiums reflect the average car insurance cost in Etobicoke referenced above.
| Coverage Type | What’s Included | Average Annual Car Insurance Premium |
|---|---|---|
| Mandatory | – Third-Party Liability – Accident Benefits – Uninsured Automobile | $1,085 |
| Highly Recommended | – Direct Compensation: Property Damage – Collision – Comprehensive – OPCF 20 – OPCF 27 – OPCF 44R – OPCF 39 – OPCF 43 | $1,346 |
| Coverage Total: | $2,431 |
Quote data from MyChoice.ca, May 2026
*Starting July 1st, 2026, Ontario is splitting Accident Benefits into mandatory and optional components. Income replacement, caregiver benefits, and death benefits are no longer automatically included. Your policy will auto-renew with your current coverage, but if you’re buying a new policy after July 1, you’ll need to actively choose these add-ons.
Mandatory Coverages:
The coverages below are mandatory in Etobicoke and will always be included in a standard car insurance quote.
| Coverage Type | Coverage Details | Average Annual Car Insurance Premium |
|---|---|---|
| Third-Party Liability | Protects you if you injure someone or damage property while driving, and covers legal costs if you’re sued. | $340 |
| Accident Benefits | Covers medical costs, income replacement, and more for you and others injured in an accident, regardless of fault. | $726 |
| Uninsured Automobile | Protects you if you’re hit by an uninsured or an unidentified driver and suffer injuries or vehicle damage. | $19 |
| Coverage Total: | $1,085 |
Quote data from MyChoice.ca, May 2026
Highly Recommended Coverages:
Any of the highly recommended coverages listed below for Etobicoke may be removed from your quote. However, we strongly recommend keeping them to ensure adequate protection.
| Coverage Type | Coverage Details | Average Annual Car Insurance Premium |
|---|---|---|
| Direct Compensation: Property Damage | Covers damage to your own vehicle if you’re not at fault in an accident with another insured driver in Ontario. | $597 |
| Collision | Covers your vehicle if you hit another car or object and you’re found at fault. | $363 |
| Comprehensive | Covers damage to your vehicle from non-collision events like theft, vandalism, fire, or weather. | $263 |
| OPCF 20: Loss of Use | Pays for rental or other transportation if your car is out of service after an at-fault accident or comprehensive claim. | $30 |
| OPCF 27: Rental Vehicle | Extends your coverage to rented or borrowed vehicles, protecting you if damage occurs while you drive them. | $32 |
| OPCF 44R: Family Protection | Covers you and your family if you’re hit by an uninsured, underinsured, or hit-and-run driver and their coverage isn’t enough. | $24 |
| OPCF 39: Accident Forgiveness | Prevents your insurance premiums from increasing after your first at-fault accident, as long as you stay with the same insurer. | $35 |
| OPCF 43: Waiver of Depreciation | Ensures you get the full purchase price back—not a depreciated value—if your new vehicle is written off. | $2 |
| Coverage Total: | $1,346 |
Quote data from MyChoice.ca, May 2026
How Etobicoke Car Insurance Rates Compare to Nearby Cities
Etobicoke’s car insurance rates are some of the highest in the region. You can see how they compare to some of the neighbouring cities in the table below.
| City | Average Annual Car Insurance Premium | Difference from Etobicoke Premium |
|---|---|---|
| Etobicoke, ON | $2,431 | – |
| Toronto, ON | $2,348 | -3.4% |
| Mississauga, ON | $2,494 | +2.6% |
| Brampton, ON | $3,471 | +42.8% |
| Vaughan, ON | $2,705 | +11.3% |
| Oakville, ON | $1,970 | -19.0% |
Quote data from MyChoice.ca, May 2026
Cheapest Postal Codes to Insure a Car in Etobicoke
M8Z and M8X are among the cheapest postal codes for auto insurance in Etobicoke.
| Postal Code | Average Annual Car Insurance Premium |
|---|---|
| M8Z | $2,294 |
| M8X | $2,334 |
Quote data from MyChoice.ca, May 2026
Most Expensive Postal Codes to Insure a Car in Etobicoke
At $2,431 per year the cost of car insurance in Etobicoke is relatively expensive. However, prices vary within the area, M8V, M9P, and M9R are among some of the most expensive postal codes with slightly higher than above-average rates.
| Postal Code | Average Annual Car Insurance Premium |
|---|---|
| M8V | $2,587 |
| M9P | $2,542 |
| M9R | $2,515 |
Quote data from MyChoice.ca, May 2026
Accident Rates by Postal Code in Etobicoke
Not all parts of Etobicoke have the same accident risk, and your postal code is one of the main factors insurers use to set your premium. The map below shows the percentage of drivers who have been in an accident across Etobicoke’s postal codes, based on over 50,000 quotes analyzed by MyChoice.
Source: MyChoice Quote Database
On average, 9.6% of Etobicoke drivers have an accident on their record. But that varies by area — from as low as 4.1% in some areas to 16.7% in others.
Areas with the highest accident rates:
- M9P — Westmount: 16.7% of drivers have an accident on record
- M9R — Richview / Kingsview Village: 12.0%
- M8V — New Toronto / Humber Bay Shores: 11.9%
- M9W — Rexdale / Humberwood: 10.3%
- M9A — Islington Avenue: 10.0%
Areas with the lowest accident rates:
- M8W — Long Branch / Alderwood: 4.1%
- M8Z — Queensway West / Royal York South: 5.2%
- M8X — The Kingsway / Old Mill: 7.2%
- M9V — Thistletown / Mount Olive: 8.9%
- M8Y — Sunnylea / Humber Bay: 9.4%
Drivers in Westmount (M9P) are 4x more likely to have an accident on their record than drivers in Long Branch / Alderwood (M8W).
Car Insurance Cost in Etobicoke by Age
Younger drivers are often subject to more expensive insurance rates because of their lack of driving experience. As such, insurance companies consider student drivers hitting the road for the first time to be high-risk drivers. However, there are ways to reduce insurance rates, such as enrolling in defensive driving classes, shopping for student discounts, or enlisting as a secondary driver on a parent’s existing policy.
Similarly, senior drivers also get higher rates because they are more likely to be severely injured in a crash. Still, many insurance companies are willing to insure younger and older drivers for reasonable rates.
The median age for Etobicoke drivers is 45.8, with female drivers generally older (47.5) than males (43.8).
See below for how your age can affect insurance rates in Etobicoke:
| Age | Average Annual Car Insurance Premium | Annual Savings with MyChoice |
|---|---|---|
| 18-20 | $6,977 | $1,387 |
| 21-24 | $3,598 | $715 |
| 25-34 | $2,772 | $551 |
| 35-44 | $2,431 | $483 |
| 45-54 | $2,067 | $411 |
| 55-64 | $1,921 | $382 |
| 65+ | $1,969 | $392 |
Quote data from MyChoice.ca, May 2026
Car Insurance Cost in Etobicoke by Driving History
Insurance companies typically prefer drivers without a claims history, as they are cheaper to insure.
While drivers with a bad record can still get reasonable prices, local and out-of-province speeding tickets, collisions, and other incidents can increase premiums. In addition, violations can stay on your record for three to 10 years, depending on your location and jurisdiction. After this period, insurers can no longer penalize you for them.
New drivers may be subject to higher premiums regardless of age.
Check out how specific driving violations can affect your car insurance rates:
| Driving Violation | Average Annual Car Insurance Premium |
|---|---|
| Clean driving record | $2,431 |
| Insurance cancellation due to non-payment | $3,379 |
| Licence suspension for alcohol-related offences | $2,552 |
| One at-fault accident | $4,765 |
| Minor speeding ticket | $2,941 |
Quote data from MyChoice.ca, May 2026
Car Insurance Cost in Etobicoke by Vehicle Model
Below is a breakdown of the estimated insurance costs for various car models in Etobicoke. This should give you an idea of what you can expect to pay for car insurance based on the vehicle model you drive.
| Car Model | Average Annual Car Insurance Premium |
|---|---|
| Honda Civic | $2,588 |
| Toyota RAV4 | $2,673 |
| Honda CR-V | $2,807 |
| Hyundai Elantra | $2,701 |
| Toyota Corolla | $2,394 |
| Tesla Model 3/Y | $2,841 |
| Nissan Rogue | $2,330 |
| Mazda CX-5 | $2,579 |
| Honda Accord | $2,687 |
| Audi Q5 | $3,223 |
| Hyundai Tucson | $2,546 |
| Mazda 3 | $1,941 |
| Volkswagen Jetta | $2,404 |
| Volkswagen Tiguan | $2,533 |
| Hyundai Santa Fe | $2,430 |
Quote data from MyChoice.ca, May 2026
The Best Car Insurance Brokerages in Etobicoke
If you don’t have the time or knowledge to compare insurance quotes, working with a car insurance brokerage can take the weight off your shoulders. Below are the top car insurance brokerages in Etobicoke:
| Brokerage | Address | Phone number |
|---|---|---|
| Billyard Insurance Group – Etobicoke | 5405 Eglinton Ave W #209 Etobicoke, ON M9C 5K6, Canada | +16475578773 |
| Monika Vohra- All-Risks Insurance Broker’s Ltd | 100 Westmore Dr #12C Etobicoke, ON M9V 5C3, Canada | +16477100850 |
| Vachon Insurance Group | 5468 Dundas St W Etobicoke, ON M9B 6E3, Canada | +14162393373 |
Driving in Etobicoke
Etobicoke is a residential and industrial city with a relatively dense population compared to the rest of the Greater Toronto Area (GTA). It is also home to some of the busiest highways in the GTA, so expect to run into heavy traffic daily.
Here are a few facts to note when driving in Etobicoke:
- Major highways: Highways 401 and 427
- Public transit options: Toronto Transit Commission (bus)
- Ridesharing services: Uber, Lyft
- Parking space providers: City of Etobicoke, Impark, JustPark, private lots
- Busy intersections: Islington Avenue to Finch Avenue West
- Airports: Billy Bishop Toronto City Airport, Toronto Pearson International Airport
Commuting Duration in Etobicoke
Due to its density and high population, commuting in Etobicoke can take a while. Most of the city takes 15 to 44 minutes to get to work. Fortunately, extra-long commutes are relatively rare because only 20% of the city’s commuters take over 45 minutes to get to work. Here’s a detailed look at Etobicoke’s commuting times:
| Commuting duration | Counts | Rates |
|---|---|---|
| Total – 25% sample data | 115,935 | 100.0 |
| Less than 15 minutes | 20,850 | 18.0% |
| 15 to 29 minutes | 40,400 | 34.8% |
| 30 to 44 minutes | 30,245 | 26.1% |
| 45 to 59 minutes | 11,490 | 9.9% |
| 60 minutes and over | 12,965 | 11.2% |
Driving Conditions in Etobicoke
While Etobicoke summers are warm, winters are typically freezing and can make for some precarious driving. In addition, it’s partially cloudy year-round, so you’ll want to take special care on the road.
Below are a few facts about Etobicoke to remember when driving:
- Average daily commute time: 42 minutes round trip
- Average annual rainfall: ~830mm mm
- Average annual snowfall: 86.36 mm
- Rainy days per year: 39 days
- Rainiest month in Etobicoke: April
- Driest months in Etobicoke: February
- Snow days per year: 55-65 days
- Snowfall months in Etobicoke: November – April
Traffic in Etobicoke
Over 84,000 people drive themselves to work in Etobicoke daily. The roads are often congested, as Etobicoke is densely populated.
Below is some vital information to put traffic conditions in Etobicoke into perspective:
- Population: Roughly 365,143 people are living in Etobicoke.
- City area: The Etobicoke city limits span 123.9 km2.
- Busiest highways: The busiest highways in Etobicoke include Highways 401, 401, and 427. Other busy highways include Queen Elizabeth Way and the Gardiner Expressway.