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Published on February 21, 2025

2 minute read

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Key Facts About Insuring a Fiat in Ontario

The figures below are based on MyChoice’s proprietary online quote data collected from Fiat drivers in Ontario in 2026.

Average Fiat insurance
premium (Ontario):
$1,612
Cheapest Fiat model to insure:500 ($1,483)
Most expensive Fiat model to insure:124 Spider ($1,902)
Cheaper alternatives to Fiat for car insurance:Mitsubishi ($1,519)
Fiat collision rate in Ontario:9.6% of Fiat drivers have
≥1 at-fault accident

How Much Does it Cost to Insure Your Fiat in Ontario?

On average, it costs about $1,612 per year to insure a Fiat in Ontario, but where you live changes that figure dramatically. Dense, high-claims cities such as Mississauga sit well above the provincial average, while smaller markets like Ottawa come in below it.

Here is the estimated average annual Fiat premium across major Ontario cities:

CItyAverage Annual
Insurance Premium
Brampton, ON$2,625
Scarborough, ON$2,304
Vaughan, ON$2,045
Mississauga, ON$1,886
Markham, ON$1,788
Toronto, ON$1,775
Barrie, ON$1,601
Oshawa, ON$1,600
London, ON$1,540
Windsor, ON$1,538
Thunder Bay, ON$1,537
Hamilton, ON$1,414
Sudbury, ON$1,393
Kitchener, ON$1,369
Kingston, ON$1,314
Ottawa, ON$1,270

How Fiat Car Insurance Costs Compare to Similar Vehicle Brands

When selecting a vehicle, many buyers weigh the insurance rates of different brands against each other, since insurance costs can significantly influence the decision. Based on our internal Ontario quote data, Fiat sits in a lower price band relative to comparable brands. Fiat insurance generally costs more than Mitsubishi, but less than Volkswagen, Subaru, Kia.

Here’s how the average annual Ontario premiums compare:

BrandAverage Annual
Insurance Premium
Mitsubishi$1,519
Fiat$1,612
Volkswagen$1,644
Subaru$1,702
Kia$1,715

Fiat Car Insurance Rates Through The Years

Over the past six years, Fiat insurance in Ontario has risen roughly 47%, driven by higher repair bills, rising theft and broad inflation. Rates were essentially flat in 2020–2021 before accelerating from 2022.

YearAverage Annual
Insurance Premium
YoY Change
2020$1,093
2021$1,098+0.5%
2022$1,276+16.2%
2023$1,352+6.0%
2024$1,443+6.7%
2025$1,602+11.0%
2026$1,612+0.6%

Fiat Car Insurance Rates by Model & Year Make

When insuring your Fiat, the model you choose significantly impacts the insurance rates. Our detailed analysis below provides a comprehensive view of the insurance costs for various Fiat models from different years.

ModelAverage Annual
Insurance Premium
500$1,483
500L$1,644
500X$1,693
124 Spider$1,902

Fiat Insurance FAQs

What are the most popular Fiat vehicles?

There are several popular Fiat models in Canada. For buyers who want a new Fiat in Canada, three models are available: the Fiat 124 Spider, the Fiat 500L, and the Fiat 500X.

Other popular Fiat vehicles that are still on the road in Canada include the Fiat 500e, Fiat 500, Fiat Cabrio, Fiat Abarth, Fiat 500C, and the Fiat Hatch. Of these, the Fiat 500X is probably the most popular. It is one of the best-selling SUVs in Canada.

What is the cheapest Fiat model to insure in Canada?

The Fiat 500 is the least expensive model to insure in Ontario, with an average annual premium of $1,483.

Do Fiat’s have a good safety rating?

The National Highway Traffic Safety Administration (NHRSA) rates vehicles for safety in Canada. Because Fiat vehicles are relatively new to Canada, safety information is not yet available for many models.

The NHTSA does provide rating information for several years of the Fiat 500E HB FWD. This vehicle is rated 4 out of 5 stars across several safety categories, including overall safety, frontal crash safety, side crash safety, and rollover safety.
Fiat vehicles come with many safety features such as antilock brakes, front impact, knee, side, and overhead airbags, stability control, traction control, daytime running lights, blind-spot monitoring, restraint systems, child seat anchors, tire pressure monitoring, and post-collision safety system.

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.

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, Fiat Car Insurance Rates, Car Insurance Quotes Collected, 2026.

2. Mychoice.ca Internal Data, Fiat Car Insurance Rates, Car Insurance Quotes Collected, 2026.

3. Mychoice.ca Internal Data, Fiat Car Insurance Rates, Car Insurance Quotes Collected, 2026.

4. Mychoice.ca Internal Data, Fiat Car Insurance Rates, Car Insurance Quotes Collected, 2020-2026.

5. Mychoice.ca Internal Data, Fiat Car Insurance Rates, Car Insurance Quotes Collected, 2026.

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