Toronto drivers can have completely different insurance risks depending on where and how they drive. A downtown driver may mostly make short trips on congested streets, while someone farther out may spend every day on Highway 401, the DVP or Gardiner. Vehicle theft also varies dramatically from one part of the city to another.
This page shows what Toronto drivers are paying for car insurance, how premiums change by postal code, age, driving record and vehicle, and which parts of the policy account for most of the cost.
The rates below are based on more than 1,500 auto insurance quotes generated through MyChoice since January 2026.
Toronto Auto Insurance: Key Premium Facts
Toronto’s median car insurance premium is $2,456 per year, or about $205 per month. That is only 4.7% above the Ontario median.
That is lower than many people may expect from Canada’s largest city. According to our analysis, Toronto is actually cheaper than Etobicoke, Scarborough, Vaughan, Markham and Brampton.
| Median annual premium | $2,456 |
| Median monthly premium | $205 |
| Toronto premium vs. Ontario Median | 4.7% more expensive |
| Cheapest Postal Code | M4P ($2,136) |
| Most Expensive Postal Code | M6M ($2,751) |
Toronto Car Insurance Rates by Postal Code Area
Toronto’s postal-code medians range from $2,136 in M4P and M4C to $2,751 in M6M and M6N. That is a difference of more than $600 a year, or roughly 29% between the lowest and highest areas shown.
The neighbourhood data does not move neatly with accident or theft figures either. M5J, for example, has a relatively low accident-record rate and very few vehicle thefts, but its premium is still above several other areas. Your address matters, but there is no single local statistic that explains what insurers charge.
| Postal Code | Median Annual Car Insurance Premium |
|---|---|
| M6M | $2,751 |
| M6N | $2,751 |
| M4Y | $2,614 |
| M5A | $2,579 |
| M6G | $2,554 |
| M6J | $2,515 |
| M5B | $2,471 |
| M5J | $2,466 |
| M6P | $2,456 |
| M4X | $2,434 |
| M5V | $2,343 |
| M6H | $2,343 |
| M6K | $2,308 |
| M4P | $2,136 |
| M4C | $2,136 |
Accident Rates by Postal Code in Toronto
Not all parts of Toronto have the same accident risk, and your postal code is one of the main factors insurers use to set your premium. The map below shows the percentage of drivers who have been in an accident across Toronto’s postal codes, based on over 50,000 quotes analyzed by MyChoice.
Source: MyChoice Quote Database
On average, 8.6% of Toronto drivers have an accident on their record. But that varies dramatically by neighbourhood — from under 4% in some areas to nearly 17% in others.
Areas with the highest accident rates:
- M9P — Westmount (Etobicoke): 16.7% of drivers have an accident on record
- M1X — Upper Rouge (Scarborough): 13.5%
- M9R — Richview / Kingsview (Etobicoke): 12.0%
- M8V — Humber Bay / Mimico (Etobicoke): 11.9%
- M1H — Cedarbrae (Scarborough): 11.9%
Areas with the lowest accident rates:
- M5J — Harbourfront / CityPlace: 3.8%
- M8W — Long Branch / Alderwood: 4.1%
- M5T — Chinatown / Kensington Market: 4.3%
- M6G — Christie Pits: 4.8%
- M9L — Humber Summit: 4.9%
Drivers in Westmount (M9P) are 4x more likely to have an accident on their record than drivers in the Harbourfront (M5J) — a gap that directly translates to hundreds of dollars in premium difference.
If you live in a postal code with more accidents, you can still lower your rate by keeping a clean driving record, taking a defensive driving course, or installing a dashcam. Some insurers offer discounts for all three.
Congestion, Street Users, and Theft Risk in Toronto
Toronto drivers have to think about two very different risks: dense street traffic and vehicle theft.
Downtown driving means more interaction with cyclists, pedestrians, streetcars, delivery vehicles and construction. In other parts of Toronto, theft may be the bigger insurance concern.
If you drive a commonly stolen vehicle, ask insurers whether the model carries a theft surcharge, a higher comprehensive deductible or an anti-theft requirement. That is much more useful than simply asking whether Toronto in general has “high theft.”
Car Theft Hot Spots in Toronto
Auto theft in Toronto dropped by 24.1 percent in 2025 compared to 2024 (7,226 versus 9,522 incidents), but the city still recorded nearly 39,000 thefts over the past four years. The decline is encouraging, but theft remains much higher than pre-2020 levels and continues to be one of the main reasons for high insurance premiums.
Source: Toronto Police Service Open Data
Read More: How Vehicle Theft Shapes Toronto Car Insurance Rates
Areas with the highest number of car thefts:
- M9W — Rexdale / Humberwood: 2,708 thefts since 2022 — the single worst postal code in Toronto by a wide margin. 509 thefts in 2025 alone, down 18.7% from 2024
- M1V — Milliken / Agincourt North (Scarborough): 1,126 thefts. Down 29.5% YoY but still classified “Very High”
- M9V — Rexdale / Thistletown: 1,078 thefts. Down 24.7% YoY
- M1B — Rouge / Malvern (Scarborough): 935 thefts — and barely declining at just -3.2% YoY, one of the slowest improvements in the city
- M1P — Dorset Park / Scarborough Town Centre: 899 thefts. Down 21.3% YoY
- M3J — York University / Black Creek: 846 thefts. Down 13.4% YoY
Areas with the lowest number of car thefts:
- M5C — St. Lawrence Market / Downtown East: just 36 thefts since 2022
- M5E — Harbourfront East: 51 thefts
- M5J — Harbourfront / CityPlace: 66 thefts
- M5S — University of Toronto: 71 thefts
- M4Y — Church-Wellesley Village: 118 thefts
Drivers in Rexdale (M9W) experience roughly 75x more vehicle thefts than drivers in St. Lawrence Market (M5C).
“Our analysis shows that nearly 39,000 vehicles were stolen across Toronto in just four years, with Rexdale alone accounting for over 2,700 of them,” says Matthew Roberts, COO of MyChoice. “In high-theft postal codes, drivers should make sure they have comprehensive coverage on their policy. Without it, you’re completely unprotected if your vehicle is stolen. We’d also recommend looking into anti-theft devices. Installing a GPS tracker, steering wheel lock, or aftermarket immobilizer can protect your vehicle and lower your insurance premium.”
Car Insurance Costs Around Toronto
Toronto’s $2,456 median is lower than each nearby GTA market in this comparison. Scarborough is closest at $2,920, a difference of $464 a year, while Brampton reaches $4,210. If you are moving within the GTA, ask for a fresh quote using the new address and expected driving pattern, because an old city price will not represent the new risk details.
| City | Median Annual Car Insurance Premium | Difference from Toronto Premium |
|---|---|---|
| Toronto, ON | $2,456 | — |
| Etobicoke, ON | $3,055 | +24.4% |
| Scarborough, ON | $2,920 | +18.9% |
| Vaughan, ON | $2,977 | +21.2% |
| Markham, ON | $3,046 | +24.0% |
| Brampton, ON | $4,210 | +71.4% |
What Makes Up the Toronto Premium?
Toronto stands out because about 54% of the premium goes toward vehicle damage protection, while legally required coverage accounts for about 37%. Optional Accident Benefits and endorsements make up the remaining 9%.
That makes the vehicle side of the policy especially important in Toronto. Collision, comprehensive and DCPD account for more of the premium than mandatory liability and injury coverage combined.
For someone driving an older car, it may be worth reviewing collision coverage. For a vehicle with significant theft exposure, comprehensive may be much harder to justify removing.
| Part of the policy | What is included | Median Annual Car Insurance Premium |
|---|---|---|
| Legally required coverage | Third-Party Liability; mandatory medical, rehabilitation and attendant care; Uninsured Automobile | $916.74 |
| Vehicle damage protection | DCPD; Collision; Comprehensive | $1,327.17 |
| Optional Accident Benefits | Selected optional benefits shown below | $197.00 |
| Optional endorsements | OPCF 44R – Family Protection | $15.09 |
| Coverage Total: | $2,456 |
Ontario introduced changes to its car insurance system on July 1st, 2026, making many Accident Benefits optional. Learn more about the reform and its impact on drivers in the province. Consult with a licensed insurance professional before removing any of the optional accident benefits from your policy.
Toronto Auto Insurance Rates by Age Group
Toronto’s young-driver premium stays high for longer than you might expect. Drivers aged 18–20 have a median car insurance premium of $6,093, while drivers aged 21–24 are still at $5,239 and those aged 25–34 at $4,819. The sharpest drop comes at ages 35–44, when the median falls to $2,456.
For younger Toronto drivers, that means simply turning 25 does not necessarily bring the premium close to the city average. Building several years of clean driving and continuous insurance history matters.
| Age | Median Annual Car Insurance Premium |
|---|---|
| 18-20 | $6,093 |
| 21-24 | $5,239 |
| 25-34 | $4,819 |
| 35-44 | $2,456 |
| 45-54 | $2,440 |
| 55-64 | $2,550 |
| 65+ | $2,240 |
Car Insurance in Toronto: Clean Record vs. Violations
A minor speeding ticket raises Toronto’s median car insurance premium from $2,456 to $3,340, an increase of about 36%. One at-fault accident has a larger impact, pushing the median to $3,840, or roughly 56% above the clean-record premium.
For Toronto drivers who already face high vehicle or neighbourhood costs, one incident can therefore add substantially more than most discounts will ever save.
| Driving record | Median Annual Car Insurance Premium |
|---|---|
| Clean | $2,456 |
| Minor speeding ticket | $3,340 |
| One at-fault accident | $3,840 |
| Insurance cancellation (non-payment) | $3,287 |
| Licence suspension | $3,460 |
| Impaired driving conviction | $5,759 |
| Stunt driving conviction | $3,777 |
Read More: See Where Toronto Sits in Terms of Speeding Ticket Rates in Ontario
Comparing Vehicle Premiums in Toronto
The 2023 Jeep Wrangler Sport has the lowest median premium in this sample at $2,008, followed by the older Audi Q5 at $2,044. The Mazda CX-5 is highest at $2,847.
For Toronto drivers, especially those worried about theft, ask how the insurer rates the specific model rather than assuming every SUV or luxury vehicle is automatically expensive. Theft frequency, claims history and repair costs can differ substantially between models that look similar on paper.
| Make | Model | Model year | Vehicle price | Median premium |
|---|---|---|---|---|
| Bmw | 435I Xdrive 2Dr Awd | 2016 | $58,695 | $2,356 |
| Mazda | Cx-5 Signature Turbo 4Dr Awd | 2019 | $42,998 | $2,847 |
| Buick | Encore Essence 4Dr Awd | 2020 | $33,492 | $2,275 |
| Audi | Q5 4Dr Awd | 2014 | $48,510 | $2,044 |
| Jeep | Wrangler Sport 4Wd | 2023 | $42,412 | $2,008 |
The Most Common Questions About Car Insurance in Toronto
Is there first-time car buyer insurance in Toronto?
There’s no specific first-time car buyer insurance in Toronto. However, if you’re a student or underage driver, you can ask to be included in your parents’ auto insurance policy. This way, you don’t have to pay for insurance yourself.
Can Toronto police stop you?
Police may conduct traffic stops without suspecting a crime for specific highway-safety purposes, such as checking a driver’s licence, insurance, sobriety, or vehicle fitness. That authority is not unlimited and does not permit a stop or unrelated investigation for literally any reason.
How much is car insurance in Toronto after getting a G2 driver’s licence?
The updated standard-profile premium for Toronto is $2,456 per year, or about $205 per month. Your actual price will depend on your address, vehicle, drivers, history and coverage.
Why do Toronto car insurance rates change so often?
Toronto car insurance rates often change because of factors like inflation, the rising cost of living, and changes in vehicle risk. Generally, car insurance rates change at the start of every policy year, pending approval from the Financial Services Regulatory Authority of Ontario (FSRA).
When is the best time to compare car insurance in Toronto?
The best time to compare car insurance costs in Toronto is near the end of your policy year. If your policy renewal is approaching, search the insurance market to find a better deal than the one you have now.
Is car insurance mandatory in Toronto?
Car insurance in Toronto is mandatory, as in the rest of Canada. Drivers who are caught driving without insurance may be fined or have their licence suspended.
How can you get cheaper car insurance in Toronto?
Compare car insurance rates in Toronto with MyChoice, or visit our main car insurance page to learn other ways of getting cheap car insurance quotes.
