You could reduce your deductible by 10% each claim-free year.


Get a quote online and save 5% on eligible coverage*

Car Insurance in Ontario

Driving in Ontario may mean that you are headed down the 401 during an icy snowstorm, or sitting in traffic on the Gardiner Expressway, gazing at the summer sunset over the Toronto skyline. When driving your car, feel confident your coverage fits your needs.

TD Insurance Decreasing Deductible

A good driving record could help reduce your deductible by 10% each claims-free year.

You can save up to 25% on your insurance premium with TD MyAdvantage

The safer you drive, the more you save.

In Ontario, Mandatory Car Insurance Coverages Include

In Ontario, the types of car insurance you need to have by law are: Liability Coverage, Direct Compensation, Uninsured Automobile Coverage, and Accident Benefit Coverage. It's the bare minimum to protect you and your loved ones.

Liability Coverage

If you injure someone or damage property, payments are made on your behalf.

Direct Compensation

Damages to your car are covered if you're not at fault.

Uninsured Automobile Coverage

Medical costs and damage are covered if an uninsured driver is at fault.

Accident Benefits Coverage

Regardless of who is at fault, medical and other expenses you are entitled to receive are covered.

Learn more about the Ontario Insurance Reform changes.


Enhanced and Special Coverage for Ontario

Choose one of these options for beyond-the-minimum protection for your car.

Specified Perils

Protects your vehicle from specified perils such as losses caused by fire, floods, hail or theft.

Comprehensive

All other insured damage caused to your vehicle (except collision or upset).

Collision or Upset

Damage to your vehicle caused by a traffic collision with another vehicle or object.

All Perils

The broadest level of coverage — combines Collision or Upset and Comprehensive coverage along with increased theft protection.

Accident Forgiveness

With Accident Forgiveness, your car insurance rates won’t go up if you have an at-fault or partially-at-fault accident.**


Learn More

Uninterrupted Driving Coverage

With Grand Touring, travel worry free within Canada and the U.S. because you’re covered for rental car insurance, a temporary rental car, and even towing.

Learn More

Replacement value for total loss

With Replacement Cost, get the replacement value of your car if it is lost due to theft or extreme damage.



Learn More


How Much Does Car Insurance Cost in Ontario?

Well, that depends on a few things. We look at several key factors when calculating your insurance premium (and so do other insurance companies):

  • Your car make, model, and year are taken into consideration when quoting you a price. The kind of car you have determines its value, safety features, and how much it would cost to repair damages.
  • How you drive your car in addition to the number of kilometers you drive every year, including daily commute and business use.
  • Your driving record, which includes things like the number of years you've all been licensed for, speeding tickets, and accidents.
  • The area in which you live affects premiums – whether it's Toronto, Mississauga, or Bolton.
  • The coverage and add-ons you choose might cost more but can provide you with additional benefits that could save you money in the event of an accident.
  • We offer ways to save with preferred rates for professionals and alumni being one of the ways. Check out the section below for more information on how to save on your insurance.

Learn more about how car insurance premiums are calculated

Make sense of your Car Insurance needs and options

TD Right Fit Coverage Assessment

Find the car insurance coverage that best fits your needs.

Ways you can save

Bundle car and home insurance

Insure two or more vehicles

Drive a hybrid or electric vehicle.

How Do I Save On Car Insurance in Ontario?

Here are a few simple tips to save on car insurance in Ontario:

  • Insure all your cars with us so you can make the most of our multi-vehicle discount.
  • Insure both your car and home with us so that you qualify for a multi-line discount.
  • Increase your deductible – insurance is really meant to cover you for damages you could never afford on your own. If you can afford a $1,000 repair job, then raise your deductible to $1,000 and pay less for your insurance.
  • Think about removing collision coverage if you drive an older car. This means weighing the cost of collision coverage with the value of your car and chosen deductibles.
  • Maintain a great driving record – the safer you drive, the more you could save. By downloading and using the TD MyAdvantage app, which collects and analyzes your driving data, you could save up to an additional 25% on your premium!
  • Consider driving a "low-risk" vehicle. Insurance premiums are based on previous claim history, so the more likely the vehicle is to be stolen or in an accident, the more you'll pay for insurance.
  • If you’re a new driver, take a driver's training course.
  • Have an approved, factory-installed anti-theft device installed in your car. We will automatically take this into account when deciding your premium. You would have to opt to have this installed after you get your car, though.

File a Claim Right from Your Phone!

Let us be there for you when you need it most. With the TD Insurance Mobile App, you'll receive step-by-step guidance through the claims process, be able to take photographs, and track the status of your claim.


How Does Car Insurance Work in Ontario?

Once you've decided on the right kind of coverage and deductible amounts with your insurance provider, you will pay for an insurance premium. This will provide you financial protection against physical damage or bodily injury that can happen from traffic collisions. It can also cover liability costs if you ever injure someone else or their property in a car accident. With enhanced and special coverage options, you can explore ways to add extra protection also.

Car Insurance Eligibility and Restrictions

To be eligible for car insurance, you (and all the drivers you wish to include in the policy) must have a valid driver's license. Insurance companies will look at your prior driving record to determine eligibility and rates. Other eligibility restrictions may arise from past convictions. This too will vary depending on when your last conviction occurred and the nature of the conviction.

Other insurance conditions may arise depending on the type of vehicle, its use, and any customizations or modifications made to the vehicle. For example, if you've altered your vehicle to enhance its performance or appearance, most insurance companies would need to assess the vehicle to determine if they could insure it. If you plan on modifying your vehicle, call us first! We will let you know if the changes you plan on making could have an impact on your policy and your premiums.

Learn more about Car Insurance Eligibility and Restrictions


How to Get a Car Insurance Quote in Ontario

If you're looking for a car insurance quote in Ontario, you can get one by using our online quoter. It's fast and will provide you with a personalized quote in a few minutes. As a resident of Ontario, you will even get 5% off eligible coverage† automatically when using our online quoter for a car insurance quote. These are some of the steps involved in getting a car insurance quote from us.


Step 1: Enter your information. This includes details about the vehicle(s) and driver(s) that are to be included on the policy. You may be eligible for certain discounts based on the information you provide.


Step 2: Select group affiliations. You can select up to three eligible alumni, employer, and professional associations to get the best preferred rate for you and save even more!


Step 3: Review quote summary. You can review your quote or modify coverage, if needed. The quote will also be emailed to you. The emailed quote will be valid for 45 days, if the driver and vehicle information you provided, and the coverage options you selected remain unchanged.


Step 4: Make the call! When you're ready, let us call you or you call us to complete your purchase.


Step 5: Email confirmation. Receive immediate email confirmation of your policy, along with temporary proof of insurance.


Keep in mind that the minimum car insurance coverage required is determined by the Government of Ontario and that may differ from Quebec, New Brunswick, Newfoundland/Labrador, Nova Scotia, Prince Edward Island, and Alberta. Premiums may also vary depending on the area in which you reside.


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