Which Car Is The Cheapest To Insure In Ontario?

Which Vehicles Have the Lowest Average Annual Premiums in Ontario?

Vehicle Premium Monthly Payment
Jeep Wrangler $1,670 $139
Nissan Versa $1,709 $142
Toyota Prius $1,917 $159
Honda Odyssey $2,059 $171

Which is the least expensive type of car to insure?

Popular vehicles with the lowest average annual insurance premiums

Rank Average annual insurance premium Insurance as % of MSRP
1. Subaru Outback $1,336 5.0%
2. Subaru Forester $1,347 5.3%
3. Honda CR-V $1,359 5.1%
4. Jeep Wrangler $1,406 4.7%

Which car has cheapest car insurance in Canada?

  1. 2010 Toyota Matrix ranked number one on the list of the ten least expensive cars to insure in Canada.
  2. 2011 Chevrolet Cruze.
  3. 2015 Volkswagen Golf.
  4. 2006 Toyota Corolla.
  5. 2019 Dodge Grand Caravan.
  6. 2013 Ford F150.
  7. 2011 Dodge Grand Caravan.
  8. 2008 Dodge Grand Caravan. Our lineup is completed by another another Dodge Grand Caravan

Which part of Ontario has cheapest car insurance?

As can be seen, there is no clear victor; the distinction of the region in Ontario with the lowest average cost of auto insurance is shared by four cities: Kingston, Napanee, Port Hope, and Brockville.

What Colour car is the cheapest to insure?

  1. What colors of cars have the lowest insurance rates? 29 percent of people are white
  2. Black: 19 percent
  3. Gray: 17 percent
  4. Silver: 11 percent
  5. Blue: 10 percent
  6. 9 percent for the color red
  7. The percentage for brown and beige is 2%
  8. Green: 1 percent

Is it cheaper to insure an older car?

  • Are insurance premiums for older vehicles often lower?
  • Yes, insurance rates for the majority of older vehicles are lower, particularly when it comes to comprehensive and collision coverage.
  • As cars get older, their value decreases, and with that, the amount of money that an insurance policy may pay out in the event of an accident.
  • However, this is not the case with a great number of historic or collectible automobiles.
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Why is a Toyota Corolla so expensive to insure?

In general, higher-value models come with higher insurance premiums. Insurance premiums for a Toyota Corolla are often more affordable than those for drivers of other makes and models of vehicles. This is due to the fact that its value and horsepower are both somewhat low. Because low-value automobiles require less money to fix, insurers offer lower premiums for coverage on these vehicles.

Are Kias expensive to insure?

To determine which vehicles are the most and least costly to insure, we compared the average rates of auto insurance for over fifty of the most popular makes and models. In terms of insurance costs, these automobiles fall somewhat in the middle of the pack.

Vehicle Average Annual Premium
Nissan Sentra S $1,957
Kia Forte EX $1,964
Kia Optima LX $1,987

Is Mazda cheap insurance?

  • The national average for the price of car insurance for a Mazda is $186 per month, or $2,230 per year.
  • Some vehicles have insurance costs that are far lower than others, like as the Mazda MX-5 Miata, which has an average monthly premium of $152 and an annual premium of $1,824.
  • Some, like the CX-5, will cost you more to cover than others, with an average cost of 227 dollars per month, or 2,724 dollars per year.

Are hatchbacks cheaper to insure?

Although the difference in insurance premiums between hatchbacks and sedans is not very large, they do have a tendency to be more expensive. On the other hand, the variations in insurance premiums can be quite a deal wider, as you will see in the next paragraphs.

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What city has the lowest insurance rates?

Findlay, Ohio holds the distinction of being the city with the lowest average premium for comprehensive coverage, coming in at just $883 per year on average. The annual cost of full coverage auto insurance in the United States averages out to be $1,674 per policy.

Is insurance expensive in Ontario?

The cost of automobile insurance in Ontario is consistently ranked among the nation’s most expensive rates. There are a variety of considerations that go into establishing the premiums that will be charged for your vehicle insurance coverage.

What is the most expensive car insurance?

The Maserati Quattroporte is projected to be the model year 2021 vehicle that will have the highest average monthly premium of $419, which works out to a stunning yearly premium of $5,024. That is a cost that is 239 percent more than the average premium for vehicle insurance throughout the nation.

Does car colour affect insurance Canada?

When calculating the cost of your auto insurance, the color of your vehicle is not one of the factors that are considered. Insurance firms and their actuaries do not have predetermined premiums for vehicles of varying colors built into their systems. Therefore, the notion that people who drive red automobiles are subject to paying higher insurance premiums for their vehicles is a lie.

Does car color affect price?

In most cases, the color of a new car has little bearing on the price at which it may be purchased. On the other hand, colors that are often purchased, such as white, gray, and silver, may be more readily available and simpler to get than hues that are more rare. Because there is a greater demand for more well-known hues, the resale value of those colors will likewise increase with time.

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Is a yellow car cheaper to insure?

For example, red and yellow automobiles are frequently referred to as ″risky,″ and as a result, their insurance premiums are significantly higher. However, such conception of how auto insurance functions is not supported by the facts. When determining the cost of your automobile insurance, the color of the vehicle you purchase from a dealer does not play a role.

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