Many Etobicoke commuters live near major arteries and highways that serve as transit hubs for much of the GTA. Highways 401 and 427, the QEW and the Gardiner are among the major GTA routes surrounding Etobicoke drivers, while the airport and numerous busy arterial roads add to congestion. Short drives can sometimes be long.
Car theft is also a significant problem in some areas of North Etobicoke. Since 2022, M9W in Rexdale has recorded 2,708 vehicle thefts, the most of any Toronto postal code in our data set, while neighbouring M9V has recorded another 1,078.
On this page you will find out what the typical driver in Etobicoke pays for car insurance. You will learn how rates differ based on your postal code, age, driving record and vehicle type, as well as see a breakdown of where your premium dollars go.
These rates are calculated based on more than 600 actual car insurance quotes submitted by Etobicoke drivers via MyChoice beginning in 2026.
Quick Guide to Etobicoke Car Insurance Costs
In Etobicoke, the median annual car insurance rate is $3,055, or approximately $255 per month. This is 30.3% above the Ontario median. Furthermore, it is much higher than Toronto rates in our study, so don’t take a Toronto-wide average as an accurate guide for your car insurance rates in Etobicoke.
| Median annual premium | $3,055 |
| Median monthly premium | $255 |
| Etobicoke premium vs. Ontario Median | 30.3% more expensive |
| Cheapest Postal Code | M8Y ($2,774) |
| Most Expensive Postal Code | M9R ($3,296) |
Cheapest and Most Expensive Postal Codes in Etobicoke
But there’s also variation within Etobicoke. There is a difference of $522 a year between the median car insurance premium of $2,774 in M8Y and the median of $3,296 in M9R.
That’s nearly a 19% gap between the cheapest and most costly locations listed above. If you are moving within Etobicoke, it might be beneficial to get a quote for your new address to see if your car insurance premium will remain relatively consistent.
| Postal Code | Median Annual Car Insurance Premium |
|---|---|
| M9R | $3,296 |
| M9W | $3,183 |
| M9C | $3,079 |
| M9A | $3,055 |
| M9B | $3,052 |
| M9P | $3,046 |
| M6S | $3,024 |
| M9V | $3,012 |
| M8X | $3,012 |
| M8Z | $3,000 |
| M6P | $2,988 |
| M8V | $2,973 |
| M8W | $2,853 |
| M8Y | $2,774 |
Accident Rates by Postal Code in Etobicoke
Not every neighbourhood in Etobicoke has the same accident rate, and postal code is one of the primary inputs insurers use when pricing coverage. Drawing on more than 50,000 MyChoice quotes, the map reports the share of drivers with an accident in each Etobicoke postal code.
Source: MyChoice Quote Database
The average percentage of drivers with an accident on their record in Etobicoke is 9.6%. However, this can vary from 4.1% to 16.7%, depending on the area.
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).
Highway Interchanges and Airport-Area Traffic in Etobicoke
Etobicoke roadways have some of the GTA’s most complex interchanges, on-ramps, off-ramps and arterial roads. Traffic, construction and heavy congestion can lead to sudden lane changes and stop-and-go collisions, especially near the 401, 427, QEW and Gardiner approaches. Maintain your space, change lanes ahead of time and avoid driving during peak hours if you can.
Etobicoke Premiums Compared with Surrounding Cities
Etobicoke has much higher costs than Toronto (overall) and Oakville but costs are well below Brampton and Mississauga.
Among the comparisons, Vaughan is nearest at just 2.6% below Etobicoke. The result places Etobicoke closer to pricier GTA suburbs than to the dataset’s Toronto-wide average.
| City | Median Annual Car Insurance Premium | Difference from Etobicoke Premium |
|---|---|---|
| Etobicoke, ON | $3,055 | — |
| Toronto, ON | $2,456 | -19.6% |
| Mississauga, ON | $3,683 | +20.6% |
| Brampton, ON | $4,210 | +37.8% |
| Vaughan, ON | $2,977 | -2.6% |
| Oakville, ON | $2,390 | -21.8% |
Breaking Down an Etobicoke Auto Insurance Premium
This makes Etobicoke unique, as approximately 64% of your auto insurance premium goes towards protecting your vehicle. Mandatory coverage only represents about 30% of that total, while optional Accident Benefits and endorsements represent the remainder.
The vehicle and the price of insuring its damage risk can materially shape an Etobicoke premium. For an older car, consider whether collision and comprehensive protection still provides value. With a newer or frequently stolen model, removing that protection to cut cost could transfer a much larger potential loss to you.
| Part of the policy | What is included | Median Annual Car Insurance Premium |
|---|---|---|
| Legally required coverage | Third-Party Liability; mandatory medical, rehabilitation and attendant care; Uninsured Automobile | $902.02 |
| Vehicle damage protection | DCPD; Collision; Comprehensive | $1,941.18 |
| Optional Accident Benefits | Selected optional benefits shown below | $205.28 |
| Optional endorsements | OPCF 44R – Family Protection | $6.51 |
| Coverage Total: | $3,055 |
Ontario’s July 1, 2026 auto insurance changes made many Accident Benefits optional. Here’s everything you need to know about the reform.
What Etobicoke Drivers Pay at Different Ages
Ages 18–20 have a $5,668 median, about 86% above the car insurance rate for ages 35–44.
What this means for young Etobicoke drivers is that choosing the right vehicle could save a lot of money. For example, the median rate for drivers aged 21–24 is $4,319, as insurance prices remain high through the early 20s. Get an insurance estimate before purchasing a car so you don’t go over budget by looking only at the vehicle’s purchase price.
| Age | Median Annual Car Insurance Premium |
|---|---|
| 18-20 | $5,668 |
| 21-24 | $4,319 |
| 25-34 | $3,564 |
| 35-44 | $3,055 |
| 45-54 | $3,290 |
| 55-64 | $2,610 |
| 65+ | $2,558 |
What Tickets and Claims Can Cost Drivers in Etobicoke
The median rate without any violations is $3,055, which increases to $6,173 after an at-fault accident, which is unusually high, more than doubling the median car insurance rate. A minor speeding ticket will increase the median car insurance rate in Etobicoke to $3,840, an increase of about 26%.
Because premiums already start high in Etobicoke, a clean record may save a driver thousands across multiple renewals.
| Driving record | Median Annual Car Insurance Premium |
|---|---|
| Clean | $3,055 |
| Minor speeding ticket | $3,840 |
| One at-fault accident | $6,173 |
| Insurance cancellation (non-payment) | $3,888 |
| Licence suspension | $4,160 |
| Impaired driving conviction | $7,176 |
| Stunt driving conviction | $4,686 |
Read More: How Auto Insurance Fraud Affects GTA Premiums
Which Vehicles Cost More to Insure in Etobicoke?
According to your table, the 2013 Kia Rio has the lowest median car insurance premium ($2,712), while the 2022 Toyota RAV4 LE has the highest median car insurance premium ($4,490).
The 2026 Honda CR-V Hybrid is also expensive at $4,090, despite costing substantially more to buy. That said, if you’re looking for a new SUV in Etobicoke, it may be worth getting an insurance quote before you decide on the car. Repair costs, theft history and model-specific claims could create an ownership cost gap far wider than the MSRP would imply.
| Make | Model | Model year | Vehicle price | Median premium |
|---|---|---|---|---|
| Honda | Accord Se 4Dr | 2017 | $28,970 | $3,845 |
| Kia | Rio5 Lx 5Dr | 2013 | $15,692 | $2,712 |
| Honda | Cr-V Touring Hev 4Dr Awd | 2026 | $53,760 | $4,090 |
| Toyota | Rav4 Le 4Dr 2Wd | 2022 | $30,293 | $4,493 |
| Hyundai | Tucson Preferred 4Dr Awd | 2019 | $32,810 | $3,875 |
Read More: How Vehicle Theft Influences Insurance Rates in the GTA
