Cheapest Car Insurance Quotes in Toronto

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401,895 Policies Sold

Toronto Car Insurance

^$ 16

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in Toronto

The car insurance rate in Toronto is $779 for a six-month policy, which is $77 lower than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $357, making it a popular choice for budget-conscious drivers. Rates in Toronto can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Toronto

$779

Avg. Car Insurance in South Dakota

$856

National Average

$1140

Cheapest Car Insurance Companies in Toronto

1st place: Kemper

At $357 for a six month policy, Kemper offers the cheapest auto insurance rates in the city.

2nd place: Farmers Mutual of Nebraska

Farmers Mutual of Nebraska offers auto insurance rates at $410 for a six-month policy, making it one of the cheapest to insure with.

3rd place: AutoOwners Insurance Co

AutoOwners Insurance Co offers auto insurance rates at $470 for six months, making it the third cheapest auto insurance company in Toronto.

Toronto Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Toronto, SD is Kemper, offering policies at just $357 for a six-month term. This is followed by Farmers Mutual of Nebraska, which has an average six-month premium of $410.

At the higher end of the spectrum, Farmers is the most expensive, with rates reaching $1070 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Toronto drivers find the best deals.

Cheap Car Insurance Companies in Toronto, SD

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$357	$61
Farmers Mutual of Nebraska	$410	$69
Auto-Owners Insurance Co	$470	$80
American Family	$627	$106
State Farm	$763	$128
Allstate	$886	$149
USAA	$892	$150
Auto-Owners	$908	$151
Progressive	$956	$161
Nationwide	$995	$167
North Star Mutual	$1022	$174
Farmers	$1070	$180

Key Takeaways

Way's key takeaways about car insurance in Toronto

The auto insurance costs in Toronto fall around $357 for six months.
The cheapest auto insurance company in Toronto is Farmers Mutual of Nebraska.
Teen drivers pay the highest rate in Toronto at $790 per month.

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Cheapest Minimum Liability Car Insurance in Toronto

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Toronto are given below.

Farmers Mutual of Nebraska provides the cheapest minimum car insurance coverage in Toronto. Their Average 6 Month Premium is $97. Farmers is the most expensive at $340 for the same period.

Cheapest Liability Coverage in Toronto, SD

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Farmers Mutual of Nebraska	$97	$16
Kemper	$125	$21
USAA	$125	$21
American Family	$130	$22
Auto-Owners	$140	$24
North Star Mutual	$140	$24
Auto-Owners Insurance Co	$146	$25
Progressive	$146	$25
State Farm	$146	$25
North Star Mutual Insurance	$195	$33
Nationwide	$298	$50
Allstate	$319	$53
Farmers	$340	$58

Cheapest Full Coverage Car Insurance in Toronto

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Toronto is Kemper at $61 per month and $357 for six months.

Cheapest Full Coverage Car Insurance Quotes in Toronto, SD

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$357	$61
Farmers Mutual of Nebraska	$410	$69
Auto-Owners Insurance Co	$470	$80
American Family	$627	$106
State Farm	$763	$128
Allstate	$886	$149
USAA	$892	$150
Auto-Owners	$908	$151
Progressive	$956	$161
Nationwide	$995	$167
North Star Mutual	$1022	$174
Farmers	$1070	$180

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Average Car Insurance in Toronto by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Toronto, SD increasing?

Despite maintaining a clean driving record, your car insurance rates in Toronto, South Dakota, may be increasing due to several external factors. South Dakota has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Toronto's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Toronto

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

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Cheapest Car Insurance Rates for Teen Drivers in Toronto,SD

If you are planning to get a car insurance policy for your teenage dependent, North Star Mutual Insurance provides the cheapest car insurance in the Toronto at $29 per month. At $4643 for a six-month premium, Allstate offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
North Star Mutual Insurance	$173	$29
Kemper	$178	$30
Auto-Owners Insurance Co	$189	$32
Farmers Mutual of Nebraska	$562	$95
State Farm	$1081	$182
USAA	$1146	$193
American Family	$1476	$248
Progressive	$1697	$286
North Star Mutual	$2162	$368
Auto-Owners	$2254	$376
Nationwide	$2957	$498
Farmers	$3124	$521
Allstate	$4643	$790

Teen Car Insurance Rates in SD by Age

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Toronto, Farmers Mutual of Nebraska is the cheapest car insurance provider. At $92 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Toronto is State Farm, offering rates of around $3000 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Farmers Mutual of Nebraska	$92	$15
Western National	$162	$27
Iowa Farm Bureau	$217	$36
Kemper	$248	$42
American Family	$865	$146
Progressive	$919	$155
USAA	$1373	$234
North Star Mutual	$1692	$282
Farmers	$1697	$288
Nationwide	$1784	$298
State Farm	$3000	$511

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Car Insurance Rates with An Accident in Toronto

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Toronto, SD, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Toronto

The cheapest car insurance companies after an at-fault accident in Toronto include Western National and Kemper, offering $173 and $195, respectively. North Star Mutual is an expensive provider with an average six-month premium of $1757.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Western National	$173	$29
Kemper	$195	$33
Auto-Owners Insurance Co	$200	$34
North Star Mutual Insurance	$298	$51
Farmers Mutual of Nebraska	$406	$68
State Farm	$416	$70
USAA	$622	$105
Progressive	$654	$110
Auto-Owners	$671	$113
American Family	$886	$149
Allstate	$1298	$217
Farmers	$1454	$248
Nationwide	$1703	$287
North Star Mutual	$1757	$298

Toronto Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Toronto SD. For example, the car insurance in Toronto after a DUI increases to $789 for a six month policy. While the rate increases by $151 for a six-month policy in the case of a speeding ticket.

Toronto auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$903	$150
One Med/PIP claim	$903	$154
Not-at-fault accident	$925	$154
Two Med/PIP claims	$956	$163
One comp claim	$962	$160
Failure to show documents	$995	$169
Two comp claims	$995	$166
Failure to wear a seat belt	$1022	$174
Child safety restraint	$1037	$173
Driving without lights	$1037	$177
Driving with expired registration	$1043	$174
Wrong way/wrong lane	$1043	$177
Cell phone violation	$1048	$175
Driving too slowly	$1048	$178
Texting while driving	$1048	$175
Failure to stop at a red light	$1054	$179
Failure to yield	$1054	$176
Following too closely	$1054	$179
Illegal turn	$1054	$176
Speeding 6 - 10 MPH over limit	$1054	$179
Improper passing	$1065	$177
Speeding 11 - 15 MPH over limit	$1070	$182
Speeding 16 - 20 MPH over limit	$1076	$179
Operating a vehicle without permission	$1103	$187
At-fault accident - less than $1000	$1114	$186
In 65 MPH zone	$1114	$189
Speeding in school zone	$1119	$187
Speeding 21 - 25 MPH over limit	$1146	$195
Passing school bus	$1195	$199
Open container	$1238	$210
At-fault accident - $1000-$2000	$1254	$209
At-fault accident - greater than $2000	$1254	$213
Driving with a suspended license	$1513	$252
Reckless driving	$1530	$260
Refusal to submit to a chemical test	$1616	$269
Racing	$1670	$284
DUI	$1692	$282
Leaving scene of an accident/hit and run	$1730	$294

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Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Toronto after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Toronto.

The cheapest car insurance premiums in Toronto are offered by Western National at $162 for a six-month policy. However, it can be as expensive as $2935 with companies like North Star Mutual.

Toronto car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Western National	$162	$27
Farmers Mutual of Nebraska	$579	$97
State Farm	$600	$101
Progressive	$616	$104
Auto-Owners	$967	$163
American Family	$973	$164
USAA	$1200	$202
Allstate	$1443	$246
Farmers	$1530	$255
Nationwide	$2238	$377
North Star Mutual	$2935	$490

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Toronto are offered by Farmers Mutual of Nebraska at $97. However, it can be as expensive as $1600 with companies like Farmers for a similar six-month premium.

Cheapest Car Insurance in Toronto after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Farmers Mutual of Nebraska	$97	$16
Kemper	$151	$25
Western National	$162	$27
Auto-Owners Insurance Co	$167	$28
State Farm	$281	$47
USAA	$421	$72
Progressive	$465	$78
North Star Mutual	$513	$87
American Family	$594	$100
Nationwide	$1362	$232
Farmers	$1600	$267

Car Insurance Price Trends in Toronto, South Dakota

Car insurance rates in Toronto have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Toronto rose by $151 in December compared to $150 of November. In other words, there has been an increase by $1 when you compare December and November.

The average cost of liability insurance in the Toronto remained steady at $27 in both December and November, indicating no change over the two month period.

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Frequently Asked Questions

How much is car insurance in Toronto?

The car insurance in Toronto is $16 per month, which is lower than the national average.

What is the cheapest car insurance in Toronto?

The cheapest car insurance in Toronto is $61 per month for full coverage.

How much is car insurance in Toronto for teenagers?

Car insurance for teenagers costs $173 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Toronto?

The average cost of car insurance is $856 for a six-month policy. It will cost around $131 per month to insure your car in Toronto.

Is car insurance expensive in Toronto?

Car insurance can be expensive in Toronto if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Toronto can be affordable.

What is the best car insurance in Toronto, SD?

The best car insurance company in Toronto SD is Kemper, offering $357 for a six-month policy.