How Can You Get Cheap Car Insurance in Mississauga?
You can get cheap Mississauga car insurance by finding the best deals. Here are several tips to help you do so:
Who Provides Car Insurance Quotes in Mississauga?
Insurance brokers, agents, aggregators, and direct writers provide car insurance quotes in Mississauga. Here’s an overview of these four insurance quote providers:
How Does Car Insurance Work in Mississauga?
Car insurance in Mississauga works by providing financial coverage in case something bad happens to you or your car, depending on the protection you choose. Auto insurance in Mississauga is mandatory by local laws, which means you need car insurance to avoid fines or driver’s licence suspensions.
Worse still, if you get convicted of driving without insurance, you’ll get higher premiums from carriers. This makes driving again prohibitively expensive or even nearly impossible after being caught driving without insurance. That’s why getting auto insurance is essential before buying a car or driving in Mississauga.
Here’s a breakdown of the key elements of your auto insurance policy:
How Your Car Insurance Quotes Are Calculated in Mississauga
Your car insurance rates are calculated based on how risky you are to insure. Naturally, drivers more likely to get into accidents will have higher premiums than those less likely to be in an accident.
Here are seven factors that influence your Mississauga car insurance quotes:
Most Expensive Postal Codes in Mississauga
At $1,813/year, Mississauga has a high average auto insurance premium – over $400 above Ontario’s provincial average. Some areas of Mississauga have even higher average premiums, with several places reaching $2,217/year.
Here’s a breakdown of the most expensive postal codes for auto insurance in Mississauga:
| Postal code | Average annual car insurance premium |
|---|---|
| L4T, L4V, L4X, L5P, L5T | $2,217 |
| L4W, M7R | $2,049 |
| L4S | $2,044 |
Least Expensive Postal Codes in Mississauga
Fortunately, some areas in Mississauga have considerably lower auto insurance rates. In fact, postcodes L5H and L5J’s annual average rate is over $500 lower than the provincial average rates.
Here’s an overview of the cheapest areas for auto insurance in Mississauga:
| Postal code | Average annual car insurance premium |
|---|---|
| L5H, L5J | $1,268 |
| L5N, L5M, L5L, L5K | $1,404 |
| L5B | $1,738 |
Car Insurance Cost in Mississauga by Age
Your age influences car insurance rates because it’s related to your driving experience and accident risk.
Young drivers pay more for car insurance because their lack of experience raises their accident risk. Meanwhile, senior citizens get higher rates because they’re more likely to be hurt or killed in an accident.
Here’s a look at how your age influences auto insurance rates in Mississauga:
| Age | Average annual insurance cost | Average savings with MyChoice |
|---|---|---|
| 18-20 | $6,472 | $1,287 |
| 21-24 | $3,699 | $736 |
| 25-34 | $2,466 | $490 |
| 35-44 | $1,813 | $361 |
| 45-54 | $1,487 | $296 |
| 55-64 | $1,264 | $251 |
| 65+ | $1,441 | $287 |
Car Insurance Cost in Mississauga by Driving History
Your driving history affects car insurance premiums because insurers use it to gauge your accident risk. Drivers with many demerits and driving violations usually get higher rates because they’re more likely to get into an accident. Conversely, drivers with clean records tend to be safer, leading to lower rates.
In Ontario, your traffic violations and demerit points “reset” after two years. However, insurance companies often check your driving record further back than two years when assessing your risk.
Here’s how different traffic violations can affect your car insurance rates:
| Driving violation | Average annual car insurance rate |
|---|---|
| Clean driving record | $1,813 |
| Insurance cancellation due to non-payment | $2,973 |
| Licence suspension for alcohol-related offences | $2,173 |
| One accident | $3,996 |
| Speeding ticket | $2,361 |
Other Factors That Affect Car Insurance Prices in Mississauga
We’ve covered several factors that influence car insurance rates in Mississauga. Aside from those, several extra factors play a part in determining your Mississauga auto insurance premiums:
The Best Car Insurance Brokerages in Mississauga
Car insurance brokers help you choose the right auto insurance policy by answering your questions and comparing policy offers.
Here are several brokers in Mississauga that you can contact for extra assistance when seeking car insurance:
| Brokerage | Address | Phone number |
|---|---|---|
| Lucky Insurance Brokers Limited | 1550 S Gateway Rd Suite #230 Mississauga, ON L4W 5G6, Canada | +18333258259 |
| Able Insurance Brokers Ltd. | 2560 Matheson Blvd E #400 Mississauga, ON L4W 4Y9, Canada | +18666192253 |
| Claremont Mississauga Insurance Brokers INC | 160 King St E Mississauga, ON L5A 1T2, Canada | +19052720400 |
| All-Risks Insurance Brokers Limited | 49 Queen St S #10B Mississauga, ON L5M 1K5, Canada | +19058123100 |
Driving in Mississauga
Located next door to Toronto, Mississauga is the second-most populous municipality in the Greater Toronto Area (GTA), right after Toronto itself. Its multicultural population and thriving business district make it a great place to live.
However, its proximity to Toronto also means lots of traffic. Here are some key facts about driving in Mississauga you should know:
- Major highways in Mississauga: 401, 403, Queen Elizabeth Way, 409, 407, 427, 410
- Public transit options: MiWay (bus), GO Transit (train), Mississauga Transitway (bus)
- Ridesharing services: Uber, Lyft
- Parking space providers: The City of Mississauga, private lots
- Top tourist attractions: Port Credit, Square One Mall, Jack Darling Memorial Park, Celebration Square, Kariya Park, Art Gallery of Mississauga
- Busy intersections: Grand Park Drive and Burnhamthorpe, Rathburn and Mavis, Dundas and Hurontario, Burnhamthorpe and Hurontario, Stavebank and Lakeshore
- Airports: Lester B. Pearson International Airport
Main Mode of Commuting in Mississauga
Public transit is relatively popular in Mississauga, with 11.4% of the city’s commuters preferring it. As with other cities, personal vehicles are still the go-to for most people, making up 82.7% of Mississauga commuters. Here’s a closer look at the main modes of commuting in the city:
| Main mode of commuting | Counts | Rates |
|---|---|---|
| Total – 25% sample data | 218,345 | 100.0 |
| Car, truck or van | 180,545 | 82.7% |
| Car, truck or van – as a driver | 162,185 | 74.3% |
| Car, truck or van – as a passenger | 18,365 | 8.4% |
| Public transit | 24,890 | 11.4% |
| Walked | 6,350 | 2.9% |
| Bicycle | 715 | 0.3% |
| Other method | 5,845 | 2.7% |
Commuting Duration in Mississauga
Mississauga has over 180,000 car commuters, so it stands to reason that commute times are high. One-third of the city’s commuters spend 15 to 29 minutes on the road. One quarter of Mississauga commuters even spend 30 to 44 minutes on the road getting to work. Check the table below to learn more about commuting times in Mississauga:
| Commuting duration | Counts | Rates |
|---|---|---|
| Total – 25% sample data | 218,345 | 100.0 |
| Less than 15 minutes | 41,835 | 19.2% |
| 15 to 29 minutes | 83,990 | 38.5% |
| 30 to 44 minutes | 53,060 | 24.3% |
| 45 to 59 minutes | 18,620 | 8.5% |
| 60 minutes and over | 20,845 | 9.5% |
Driving Conditions in Mississauga
Various weather and driving conditions like snow and rain can affect your auto insurance premiums. Here’s an overview of driving conditions in Mississauga:
- Average daily commute time: 100 minutes round trip
- Average annual rainfall: 31.82 mm
- Average annual snowfall: 33.6 mm
- Rainy days per year: 177
- Rainiest month in Mississauga: July
- Driest months in Mississauga: September, November
- Snow days per year: 59
- Snowfall months in Mississauga: October – January
Traffic in Mississauga
Mississauga is a city of over 710,000 people, making it the second-most populous city in the GTA. With its proximity to Toronto and its bustling business district, Mississauga traffic may be heavier than in other cities.
Here’s a quick look at the key traffic statistics in Mississauga:
- Population: 717,961 people live within Mississauga’s city limits.
- City area: Mississauga’s city area spans 292.43 km2.
- Time spent in traffic annually: The average Mississaugan spends 100 minutes in traffic daily, totalling roughly 608 hours per year.
- Busiest highways: Mississauga’s north end connects to Highway 401, North America’s busiest highway, which boasts over 500,000 vehicles driving through it daily.
The Most Common Questions About Car Insurance in Mississauga
Is ridesharing insurance available in Mississauga?
Ridesharing insurance for Uber and Lyft drivers is available in Mississauga. Ask your insurer for more details.
How much does Mississauga car insurance cost?
Mississauga car insurance costs $1,813/year, over $400 above Ontario’s provincial average.
Is car insurance cheaper in Mississauga than in Toronto?
Car insurance in Mississauga is cheaper than in Toronto, but not by much. There’s only a $17 difference between the two cities’ average auto insurance rates.
What are the best car insurance companies in Mississauga?
The best car insurance company in Mississauga depends on what you want out of your policy and your budget. Use MyChoice to compare insurance companies and find the right one for you.
Who has the cheapest auto insurance in Mississauga?
The cheapest auto insurance provider in Mississauga also depends on what types of coverage you choose. You can skip optional coverage to drive your rates down and save money.
Which cars get the lowest car insurance premiums in Mississauga?
Our research shows that at $126/month, Fiats are the cheapest cars to insure in Mississauga.
Why should you compare car insurance rates in Mississauga?
You should compare car insurance rates in Mississauga because different insurers provide different coverage at different prices. Comparing rates help you choose which policy has the best value.
What information do you need for an auto insurance quote in Mississauga?
You need to provide basic personal details and vehicle information like production year, make, and model to get a basic auto insurance quote. You can get more accurate quotes by disclosing extra information, like your driving record and past traffic violations.
How do you find affordable car insurance for students in Mississauga, Ontario?
There’s no affordable car insurance for students in Mississauga, but students can be listed as a driver in their parent’s insurance policy. This way, they don’t have to spend money paying for their own policy.
Which auto insurance is the best for young drivers in Mississauga?
The best auto insurance for young drivers in Mississauga should be the one that gives ample protection at a reasonable cost.
Is car insurance cheaper in Mississauga than in Brampton?
Car insurance in Mississauga is cheaper than in Brampton, but only by roughly $5.
Why is car insurance in Mississauga so expensive?
Car insurance in Mississauga is so expensive because it’s a large urban area – more cars are on the road, making accidents more likely.