4.9
4.9/5
50+ Ratings on Google!

Etobicoke Car Insurance

3 minutes can save you hundreds. Enter your postal code below and join thousands of Canadians saving on car insurance.

Secure. No Spam. No Fees.

Why You Can Trust MyChoice

MyChoice serves as an independent intermediary between you, financial institutions and licensed professionals without any additional charge to our users. In the interest of transparency, we disclose that we partner with some of the providers we write about – we also list many financial services without any financial gain. MyChoice does not operate a financial institution or brokerage and to ensure accuracy, our content is reviewed by licensed professionals. Our unique position means that we hold no recurring stake in your policy, ensuring our mission to help Canadians make better financial decisions is free of bias or discrimination. 

How to Compare Car Insurance Quotes with MyChoice

Comparing car insurance quotes with MyChoice is as simple as it gets:

Share Your Car Insurance Needs​

Tell us what you want out of your auto insurance.

Shop for the Best Deals​

Compare auto insurance quotes from the best Canadian insurers.

Secure Your Rates​

Pick the best deal and lock your rates on our site.​

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

How MyChoice Works

0

Canadians

have compared rates and saved money over the last 24 hours
Secure. No Spam. No Fees.
Article Contents
Picture of By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated on May 15, 2024

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

Updated May 15, 2024

Visit author page

4 minute read

Article Contents

Quick Facts About Auto Insurance in Etobicoke

  • Etobicoke car insurance is MORE expensive than the Ontario average.
  • The average annual car insurance cost in Etobicoke for a driver with comprehensive/collision coverage and a clean record is around $2,030.
  • Comparing Etobicoke auto insurance quotes with MyChoice can save you up to $1,441 annually.

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:

BrokerageAddressPhone number
Billyard Insurance Group – Etobicoke5405 Eglinton Ave W #209
Etobicoke, ON M9C 5K6, Canada
+16475578773
Monika Vohra- All-Risks Insurance Broker’s Ltd100 Westmore Dr #12C
Etobicoke, ON M9V 5C3, Canada
+16477100850
Vachon Insurance Group5468 Dundas St W
Etobicoke, ON M9B 6E3, Canada
+14162393373

Most Expensive Postal Codes in Etobicoke

At $2,030/year, the cost of car insurance in Etobicoke is relatively expensive. However, prices vary within the area, M8V, M9P, and M8W are among some of the most expensive postal codes with slightly higher than above-average rates.

Postal CodeAverage Annual Car Insurance Premium
M8V$2,110
M9P$2,058
M8W$2,045

Least Expensive Postal Codes in Etobicoke

By comparison, M8Z and M9A are among the cheapest postal codes for auto insurance.

Postal CodeAverage Annual Car Insurance Premium
M8Z$1,991
M9A$1,996

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:

AgeAverage Annual RatesAverage Savings with MyChoice
18-20$7,247$1,442
21-24$4,141$824
25-34$2,761$549
35-44$2,030$404
45-54$1,665$331
55-64$1,415$281
65+$1,613$321

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 ViolationAverage Annual Car Insurance Premium
Clean driving record$2,030
Insurance cancellation due to non-payment$3,329
Licence suspension for alcohol-related offences$2,436
One accident$4,466
Speeding ticket$2,639

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: Highway 427, Highway 401, Highway 409, Queen Elizabeth Way, Gardiner Expressway
  • Public transit options: Toronto Transit Commission (bus)
  • Ridesharing services: Uber, Lyft
  • Parking space providers: City of Etobicoke, Impark, JustPark, private lots
  • Top tourist attractions: Humber Bay Park, Colonel Sam Smith Park, Casa Loma, CN Tower, Royal Ontario Museum, Chinatown
  • Busy intersections: Islington Avenue to Finch Avenue West 
  • Airports: Billy Bishop Toronto City Airport, Toronto Pearson International Airport

Main Mode of Commuting in Etobicoke

Most Etobicoke residents prefer commuting by car, but car users only make up 73.1% of all commuters. This is because Etobicoke has a robust public transit system that boasts 23,295 regular users, making up one-fifth of the city’s commuters. Here’s a closer look at how people get to work in Etobicoke:

Main mode of commutingCountsRates
Total – 25% sample data115,935100.0
Car, truck or van84,71073.1%
Car, truck or van – as a driver76,07565.6%
Car, truck or van – as a passenger8,6407.5%
Public transit23,29520.1%
Walked3,8853.4%
Bicycle8050.7%
Other method3,2352.8%

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 durationCountsRates
Total – 25% sample data115,935100.0
Less than 15 minutes20,85018.0%
15 to 29 minutes40,40034.8%
30 to 44 minutes30,24526.1%
45 to 59 minutes11,4909.9%
60 minutes and over12,96511.2%

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: 20.48 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: 140 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.

The Most Common Questions About Car Insurance in Etobicoke

How much does Etobicoke car insurance cost?

Etobicoke car insurance costs an average of $2,030 a year.

Is car insurance in Etobicoke cheaper than in Toronto?

On average yes, car insurance in Etobicoke is less expensive than in Toronto by roughly $100. 

Why should you compare car insurance rates in Etobicoke?

You should compare car insurance rates in Etobicoke because they change frequently depending on various factors, such as changes in your driving record or additional drivers on your policy.

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

The information you need for an auto insurance quote in Etobicoke includes your contact details, driver’s licence number, and accident prevention course completion date, if you have one.

How can you get cheaper car insurance in Etobicoke?

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

Methodology

Sample Size

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

Profiles

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.

Team

MyChoice data science, MyChoice research.

Sources

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

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

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

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

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

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

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

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

9. 511 Ontario Traveller Information, Ontario, Etobicoke.

Congratulations! You made it to the end!

Now, here is the easy part: complete your quote in under 2 minutes
Secure. No Spam. No Fees.

Discover More About

New Brunswick has updated its penalties for impaired drivers. Find out what changes were made and what it means to your car insurance premiums.
Your auto insurance rates may change every year. Read our article to learn when you should be checking for cheaper auto insurance rates.
Getting your car impounded is frustrating and even worse if you don’t know what you’re doing. Click through for a guide to releasing your impounded car in Canada.

Even More Ways To Save