Find Your Best Car Insurance Provider In Ontario
If you’re shopping around for car insurance in Ontario, we’ve done the research for you. Our team at MyChoice reviewed Ontario’s insurance market and compiled a shortlist of the province’s most relevant companies, including insurers, direct writers, brokerages, and retail brands.
Each company on the list below earned its place based on our proprietary MyChoice assessment, which evaluated factors such as pricing, coverage options, customer and claims experience, rate stability, available discounts, and industry recognition.
How to read our list
Rather than a definitive “best-to-worst” ranking, think of it as a curated shortlist presented in our assessed order. The right choice depends on your profile, and a company further down the page may well be the best fit for you. Because brokerages don’t file their own rates, rate stability doesn’t apply to them.
| Company | Category | Types of auto insurance sold | Recent Ontario rate trend | Rewards | Awards & recognition |
|---|---|---|---|---|---|
| Billyard Insurance Group | Brokerage | All vehicle types | N/A | Carrier discounts via your insurer | IBC Digital Innovation in a Brokerage, 2024 |
| Desjardins | Insurance Company | Standard auto, recreational & commercial | Decreasing in 2026 | Green EV 10 20%; multi vehicle to $600; loyalty | 5-Star Claims 2026; Top 100 Employer |
| Aviva | Insurance Company | Standard, rideshare, classic, recreational & commercial | Mixed | EV + InsureMyTesla; Journey e-gift rewards | 5-Star Claims 2026; GTA Top Employer 2026 |
| Co-operators | Direct Insurer | Full range incl. rideshare, classic & commercial | Mixed | Group up to 40%; Tag anti theft rebate | 5-Star Claims 2026; Top 100 Employer; Corp. Knights Best 50 |
| Wawanesa | Insurance Company | Standard auto, recreational & commercial | Decreasing in 2026 | Honours rival UBI discount to 20% | 5-Star Claims 2026 |
| Economical | Insurance Company | Standard, recreational & commercial + Uber rideshare | Decreasing in 2026 | Loyalty; conviction free; accident free | 5-Star Claims 2026; |
| Surex | Brokerage | All vehicle types — via many insurers | N/A | Carrier discounts; bundle ~15 20% | Top Insurance Employers 2025 |
| TD Insurance | Insurance Company | Standard auto, recreational & commercial | Stable | 750+ group/affinity programs | 5-Star Claims 2026 |
| Gore Mutual | Insurance Company | Standard, classic, recreational & commercial | Decreased in 2025 | Drive Good points, gift cards; bundling | SW ON/Waterloo Top Employers 2026 |
| Belairdirect | Direct Insurer (Intact) | Standard auto, rideshare add on & recreational | Increased in 2025 | Low-mileage discount; bundle to 20% | N/A |
| Allstate | Insurance Company | Standard, classic, recreational, commercial; high-risk via Pafco | Mixed | Claims-Free Benefit; Take Two to 25% | N/A |
| PC Insurance | Insurance Agency (Aviva) | Personal auto & motorcycle only | Decreasing in 2026 | PC Optimum points | N/A |
| Square One | Insurance Agency (Zurich) | Standard personal auto only | Increasing in 2026 | Customization; bundle ~5% | N/A |
| Jevco | Insurance Company | Non-standard / high-risk auto only | Stable | Bundling; multi-vehicle | N/A |
| Coachman | Insurance Company | Non-standard auto + commercial | Increased in 2025 | Retiree; new driver, graduate | N/A |
Best Car Insurance in Ontario by Type
Choosing the right insurer will also depend on your situation and what you’re specifically looking for. To make this process easier, we’ve categorized the top car insurance companies based on their strengths.
The recommendations below are solely based on our research. We strongly encourage you to conduct further research or consult a broker to ensure you choose the most suitable car insurance company for your situation.
Awards & Recognition
We only counted awards from 2024–2026 that name a genuine third-party awarding body, name the specific recipient, and can be sourced.
Verified recent awards:
- Billyard — Insurance Business Canada Award, Digital Innovation in a Brokerage (2024)
- Surex — IB Top Insurance Employers (2025)
- Aviva — IB 5-Star Claims (2026); Greater Toronto/Diversity/Greenest Employer (2026)
- Economical / Definity — IB 5-Star Claims (2026)
- TD Insurance — IB 5-Star Claims (2026)
- Desjardins — IB 5-Star Claims (2026)
- Co-operators — IB 5-Star Claims (2026); Canada’s Top 100 Employer (2026)
- Wawanesa — IB 5-Star Claims (2026)
- Gore Mutual — Southwestern Ontario & Waterloo Area Top Employers (2026)
Our Methodology
To identify Ontario’s best car insurance companies, MyChoice evaluated leading insurers and providers using its own scoring model across seven weighted factors. Our assessment considered pricing and overall value (30%), coverage options and suitability for different driver profiles (20%), customer and claims experience (15%), rate stability based on FSRA-approved filings (15%), discounts and telematics programs (10%), independent awards and industry recognition (5%), and financial strength and market credibility (5%).
Rather than relying on a single public rating, we evaluated how each company performs across these categories to identify providers that consistently deliver strong value to Ontario drivers. The above rankings reflect our overall assessment, but the best insurer for any individual driver will depend on factors such as price, coverage needs, driving history, and eligibility for discounts.
Frequently Asked Questions
What is the best car insurance company in Ontario?
There is no single best insurer for everyone. The right choice depends on your driver profile, vehicle and postal code. Every company on our shortlist scored well in our assessment.
Who has the cheapest car insurance in Ontario?
No insurer is cheapest for every driver. Ontario rates are individualized by location, vehicle, history and coverage. The most reliable way to find your lowest quote is to compare several insurers under the same profile. Use MyChoice car insurance quoter to do exactly that.
Which Ontario car insurers are lowering rates in 2026?
Based on FSRA-approved filings, The Personal, Co-operators, Aviva General, Allstate, Pembridge and Economical all have reductions taking effect later in 2026.
Is a broker or a direct insurer better in Ontario?
Neither is universally better. A broker (i.e. Billyard or Surex) compares many insurers for you and helps you navigate through the claim process when you need it. A direct insurer (i.e. Belairdirect or TD) can be a simple way to buy insurance if you already know what you want.
What does “types of auto insurance sold” mean on the table?
It shows which auto insurance products each company writes in Ontario. Examples include standard personal auto, non-standard/high-risk, rideshare, classic, recreational (motorcycle/RV) and commercial.
Is it worth switching car insurance in Ontario?
Often yes. Rates change constantly as insurers file new FSRA-approved changes, so the best-priced insurer for your profile can shift year to year. You can switch mid-term (a short-rate penalty may apply) or at renewal. Comparing quotes before your renewal is the simplest way to avoid overpaying.
Does MyChoice get paid to feature insurers on the above list?
No, commercial relationships do not determine which companies are featured on our list or the order in which they appear. Every company is assessed using the same published methodology, including insurers that are not available through MyChoice.