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Affordable Car Insurance in London from $125/month

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Monthly PremiumsDate & TimeQuote TypeAgeGenderCity
$105.53Jul 04, 2025, 10:03 AMAuto60FemaleNiagara Falls
$59.70Jul 04, 2025, 01:14 AMHome60FemaleHamilton
$29.98Jul 04, 2025, 09:09 AMTenant29FemaleNewmarket
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Updated on July 2, 2025

6 minute read

Quick Facts About Auto Insurance in London

  • London car insurance is MORE expensive than the Ontario average.
  • The average annual car insurance cost in London for a driver with comprehensive/collision coverage and a clean driving record is around $1,987.
  • Comparing London auto insurance quotes with MyChoice can save you up to $1,079 annually.

How Does Car Insurance Work in London?

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 London 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 London referenced above.

Coverage TypeWhat’s IncludedAverage Annual
Car Insurance Premium
Mandatory– Third-Party Liability
– Accident Benefits
– Uninsured Automobile
$829
Highly
Recommended
– Direct Compensation:
Property Damage
– Collision
– Comprehensive
– OPCF 20
– OPCF 27
– OPCF 44R
– OPCF 39
– OPCF 43
$1,158
Coverage Total:$1,987

Mandatory Coverages:

Coverage TypeCoverage DetailsAverage Annual
Car Insurance Premium
Third-Party LiabilityProtects you if you injure someone
or damage property while driving,
and covers legal costs if you’re sued.
$249
Accident BenefitsCovers medical costs, income
replacement, and more for you and
others injured in an accident,
regardless of fault.
$565
Uninsured AutomobileProtects you if you’re hit by an
uninsured or an unidentified driver
and suffer injuries or vehicle damage.
$15
Coverage Total:$829

*The above coverages are mandatory in London and will always be included in a standard car insurance quote.

Highly Recommended Coverages:

Coverage TypeCoverage DetailsAverage 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.
$464
CollisionCovers your vehicle if you hit another
car or object and you’re found at fault.
$283
ComprehensiveCovers damage to your vehicle from
non-collision events like theft, vandalism,
fire, or weather.
$204
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.
$24
OPCF 27:
Rental Vehicle
Extends your coverage to rented or
borrowed vehicles, protecting you if
damage occurs while you drive them.
$25
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.
$19
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.
$27
OPCF 43:
Waiver of Depreciacion
Ensures you get the full purchase price
back—not a depreciated value—if your
new vehicle is written off.
$2
Coverage Total:$1,158

*Any of the above highly recommended coverages in London may be removed from your quote, but we strongly recommend keeping them to have adequate protection.

Most Expensive Postal Codes in London

The average cost of car insurance in London, Ontario, is roughly $1,987, which is slightly more than the Ontario average of $1,874 yearly. 

London’s most expensive postal code for car insurance is the N5Y region, encompassing Carling and the northeastern part of the city. While your quotes may differ, below are the expected premium rates in this area:

Postal CodeAverage Annual
Car Insurance Premium
N5Y$2,058
N5V$2,033
N5W$2,027

Least Expensive Postal Codes in London

The N5X region in London has the cheapest auto insurance rates. This region includes Stoney Creek, Northdale, Fanshawe, and Stoney Brooke. Below is a breakdown of how much you can expect to pay for car insurance in the cheapest areas for auto insurance in London:

Postal CodeAverage Annual
Car Insurance Premium
N5X$1,916
N6A$1,921
N6C$1,933

How London Car Insurance Rates Compare to Nearby Cities

London’s car insurance rates are mid-range compared to other Southwestern Ontario cities. Here’s how they compare to nearby communities:

CityAverage Annual
Car Insurance Premium
London, ON$1,987
Windsor, ON$1,891
Sarnia, ON$1,603
Kitchener, ON$1,748
Brantford, ON$1,769
Hamilton, ON$1,735

Car Insurance Cost in London by Age

As with any city in Ontario, car insurance rates can rise and fall according to your age. Generally, drivers under 30 pay the highest premiums because they are perceived to lack experience. Similarly, drivers over 65 can expect higher premiums, as senior citizens are more likely to sustain injury or death during an accident. 

Below are the average car insurance rates by age in London, Ontario:

AgeAverage Annual
Car Insurance Premium
Average Savings
with MyChoice
18-20$5,427$1,079
21-24$2,799$557
25-34$2,156$429
35-44$1,987$393
45-54$1,607$334
55-64$1,494$310
65+$1,532$318

Car Insurance Cost in London by Driving History

Insurance companies are likely to charge higher premiums if:

  • You have a shorter driving history
  • You don’t have a full licence
  • You have a driving conviction

While driving demerits typically only remain on your record for about two years, some insurance providers will review driving history up to ten years prior.

Below are general estimations of how your driving record can impact insurance premiums:

Driving ViolationAverage Annual
Car Insurance Premium
Clean driving record$1,987
Insurance cancellation
due to non-payment
$2,628
Licence suspension for
alcohol-related offences
$1,986
One at-fault accident$3,706
Minor speeding ticket$2,288

Car Insurance Cost in London by Vehicle Model

Below is a breakdown of the estimated insurance costs for various car models in London. This should give you an idea of what you can expect to pay for car insurance based on the vehicle model you drive.

Car ModelAverage Annual
Car Insurance Premium
Honda$1,823
Tesla$1,951
Toyota$2,092
Hyundai$2,004
Audi$2,470
BMW$2,313
Mazda$1,853
Subaru$2,049
Volkswagen$1,828
Porsche$2,013

The Best Car Insurance Brokerages in London

Auto insurance brokers can negotiate premiums with a company on your behalf. With the help of a car insurance broker, you can save valuable time and money and get the insurance rates you want. Plus, you can ask them questions about the process so you can make more informed decisions.

Below is a list of brokerages you can visit in London, Ontario:

BrokerageAddressPhone number
McConville Omni Insurance Brokers Ltd.685 Richmond St #300
London, ON N6A 5M1, Canada
+15196730880
My Insurance Broker1255 Commissioners Rd W #227
London, ON N6K 3N5, Canada
+15194737000
Kenny Insurance Brokers360 Springbank Dr
London, ON N6J 1G5, Canada
+15196338448
BrokerLink69 Wellington St Unit A
London, ON N6B 2K4, Canada
+15194341955

Driving in London

London has the 11th largest population in Canada, so expect it to be a melting pot of diverse drivers. In addition, ever-changing driving conditions make it imperative to have the best possible insurance. Below are some key facts you should know about driving in London:

  • Major highways in London: None (connected to junctions of Highway 401 and 402)
  • Public transit options: London Transit Commission (bus)
  • Ridesharing services: Uber, Lyft
  • Parking space providers: City of London, private lots
  • Top tourist attractions: Springbank Park, Banting House, Fanshawe Pioneer Village, Museum London, Storybook Gardens, Boler Mountain
  • Busy intersections: Richmond Street and Fanshawe Park Road
  • Airports: London International Airport

Main Mode of Commuting in London

Most of London’s commuters take cars, trucks, and vans to work. Out of 118,720 personal vehicle commuters, 12,180 of them are passengers. Meanwhile, public transit is the second-most popular commuting mode in London, with 8,790 users. Here’s a closer look at the modes of commuting in London:

Main mode of commutingCountsRates
Total – 25% sample data138,155100.0
Car, truck or van118,72085.9%
Car, truck or van – as a driver106,54077.1%
Car, truck or van – as a passenger12,1808.8%
Public transit8,7906.4%
Walked6,2904.6%
Bicycle1,2950.9%
Other method3,0602.2%

Commuting Duration in London

London is one of the busier cities in Ontario, so traffic can get congested. Fortunately, for a busy city, commute durations are still reasonable. Almost 80% of London’s commuters spend under 30 minutes during their commutes. Here’s an in-depth look at commuting duration in London:

Commuting durationCountsRates
Total – 25% sample data138,155100.0
Less than 15 minutes47,46034.4%
15 to 29 minutes59,46043.0%
30 to 44 minutes18,88013.7%
45 to 59 minutes6,0054.3%
60 minutes and over6,3454.6%

Driving Conditions in London

Driving conditions in London are often prone to change. These conditions can directly impact your insurance premiums. Here are some key facts about driving conditions in London:

  • Average daily commute time: 44 minutes round trip
  • Average annual rainfall: 946 mm
  • Average annual snowfall: 1,943 mm
  • Rainy days per year: 106 days
  • Rainiest month in London: June
  • Driest months in London: November – March 
  • Snow days per year: 60 days
  • Snowfall months in London: November – April

Traffic in London

London has a population of roughly 422,324, making it one of the busier cities in Ontario. As such, you can expect traffic conditions to fluctuate constantly. Here is a quick overview of traffic conditions in London:

  • City area: London’s city limits span 420.6 km2.
  • Time spent in traffic annually: London drivers spend 89 hours in traffic per year.
  • Busiest highways: Highways 401 and 402 are the busiest in London.
  • Average motor vehicle thefts: There are roughly 1,175 auto thefts a year in London.
  • Average instances of distracted driving: There are 418 instances of distracted driving a year in London.
  • Average number of speeding tickets: Roughly 2,108 people receive speeding tickets every year in London.

The Most Common Questions About Car Insurance in London

How much does London car insurance cost?

The average cost for London car insurance is $1,987 a year. However, this rate may vary depending on your age, driving history, insurance coverage, and vehicle make.

Is car insurance cheaper in London than in Toronto?

Yes, car insurance is cheaper in London ($1,987/year) than in Toronto ($2,231/year).

Why should you compare car insurance rates in London?

You should compare car insurance rates in London because not all policies have the same coverage requirements. In addition, you’ll want to pick a policy best suited to your driving habits.

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

The information you’ll need to provide for an auto insurance quote in London includes your basic information, driver’s licence, vehicle identification number (VIN), marital status, and accident prevention course completion date, if applicable.

Can I use my London car insurance to drive in the United States?

Yes, you can use your London car insurance to drive in the United States. However, most insurance providers recommend carrying additional cash in case of an accident. If you pay more upfront, you won’t risk an increase on your future premiums.

How do you find affordable car insurance for students in London, Ontario?

You can get affordable car insurance for students in London by taking a driver’s education course. Earning a certificate lets insurers know you are a safe and dependable driver. In addition, you can apply with an insurer that offers student discounts or get listed as a secondary driver on your parents’ insurance policy.

How can you get cheaper car insurance in London?

Compare car insurance rates in London 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, How Car Insurance Works, Ontario, London, Car Insurance Quotes Collected, 2025.

2. Mychoice.ca Internal Data, Most Expensive Postal Codes, Ontario, London, Car Insurance Quotes Collected, 2025.

3. Mychoice.ca Internal Data, Least Expensive Postal Codes, Ontario, London, Car Insurance Quotes Collected, 2025.

4. Mychoice.ca Internal Data, Car Insurance Rates in Nearby Cities, Ontario, London, Car Insurance Quotes Collected, 2025.

5. Mychoice.ca Internal Data, Rate Cost By Age, Ontario, London, Car Insurance Quotes Collected, 2025.

6. Mychoice.ca Internal Data, Rate Cost By Driving History, Ontario, London, Car Insurance Quotes Collected, 2025.

7. Mychoice.ca Internal Data, Rate Cost By Vehicle Model, Ontario, London, Car Insurance Quotes Collected, 2025.

8. City of London Website, Driving & Transit Information. Data Collected in 2025.

9. Statistics Canada, 2021, Census of Population, Ontario, London, Main Mode of Commuting. Data Collected in 2025.

10. Statistics Canada, 2021, Census of Population, Ontario, London, Commuting Duration. Data Collected in 2025.

11. Weather Network Canada, Historical Averages, Ontario, London. Data Collected in 2025.

12. 511 Ontario Traveller Information, Ontario, London. Data Collected in 2025.

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