One of the ways you can find out the cost of auto insurance in Toronto is to use a car insurance calculator. Online car insurance calculators make it easy for you to fill out your information so you can assess your coverage and cost options. You'll get a sense of the average Toronto car insurance rates you can expect to pay, based on the information you provided. They are definitely a great resource when shopping for car insurance.
Accident Benefits: With the exception of Newfoundland and Labrador, Accident Benefits are mandatory across the country. Accident Benefits will pay for things like medical treatments, income replacement and funeral expenses if you are injured or killed in a car accident. Additionally, some areas of the country require that your auto insurance policy include Direct Compensation Property Damage (DCPD) and/or Uninsured Automobile coverage. DCPD covers damage to your vehicle or its contents when someone else causes a collision you’re involved in. Uninsured Automobile coverage also offers protection to you if you’re involved in a collision where the other driver, who is at fault for the accident, does not have auto insurance. 
While Toronto politicians have made efforts to encourage the use of transit and bike lanes, the truth is that more and more residents are choosing to drive. If you are one of them, it is crucial that you have a quality car insurance policy that will cover you when the unexpected occurs. By following these guidelines, you can get the best coverage for your money.
When it comes to comparing auto insurance quotes online, you have a variety of options to choose from. So why should you choose us? Well, it's not only our competitive auto insurance rates. Our network of advisors in Ontario and across Canada are committed to providing the best service no matter what. And because we're a co-operative with more than 70 years of experience, you can rest assured that we always put our members and communities first.
Limited waiver of depreciation: This coverage protects against the loss of value or depreciation of a new car if, as a result of an accident, your car is beyond repair and must be replaced. This coverage is only available during the first two years of a vehicle lease or ownership. You could receive an amount up to the price you paid for the vehicle or the manufacturer’s suggested price. You can only add this endorsement if you have insured your vehicle with Collision and Comprehensive coverage, Collision and Specified Perils coverage or All Perils coverage.

If you’re driving an older model car in Toronto and not considering purchasing a newer vehicle for a while, investigate the cost of upgrading to anti-lock brakes, air bags, automatic seat belts, installing anti-theft devices or putting in a burglar alarm. Car insurance companies in Toronto often provide discounts for such products or enhancements. If the cost of doing so is favourable versus the long-term savings in your car insurance rate, it’s worth the investment. For older vehicles, it’s also worth considering dropping your Collision coverage to reduce your premiums.


Perhaps the worst kept secret or simply the best advice to finding cheap car insurance in Toronto is something you’ve heard over and over again: shop around and compare. Comparing car insurance quotes from multiple companies is one of the the best options available to save money and a simple, convenient way to accomplish this is by going online to do your research. In fact, some car insurance companies in Toronto will give you a 5 to 10 percent discount just by filling out your information and signing up for a policy online because you are saving them from using costlier resources. We’ll insert a shameless plug here and inform you that Rates.ca simplifies the online research process with a proven customized comparison tool that helps you obtain among the lowest car insurance policies on the market.

One of the ways you can find out the cost of auto insurance in Toronto is to use a car insurance calculator. Online car insurance calculators make it easy for you to fill out your information so you can assess your coverage and cost options. You'll get a sense of the average Toronto car insurance rates you can expect to pay, based on the information you provided. They are definitely a great resource when shopping for car insurance.
You can save a bit of money by paying for your insurance once per year rather than once per month. This helps the insurance company save on the administrative costs of billing you every month and a lot of the time they will pass the cost savings on to you. It means you will have to pay a larger amount all at once, but in the long run it can help you save as long as you have that money up front.

Additional Third Party Liability provides extra coverage to protect you financially from the costs of auto accidents causing damage to other people's property and some bodily injury to others outside Quebec. If you're sued, it also provides you with a legal defense in certain instances. We recommend Additional Third Party Liability for you. Additional Third Party Liability provides extra coverage to protect you financially from the costs of auto accidents causing damage to other people's property and some bodily injury to others outside Quebec. If you're sued, it also provides you with a legal defense in certain instances.
Here's what happens in case of a covered accident: First, you report a claim — online, or through your agent. If there's damage to your vehicle, you can choose your own repair shop or one of our preferred auto shops, which provide great repairs and guaranteed completion dates. Then, subject to the terms and conditions of your auto insurance policy, we pay for the damages. Our claim specialists help find repair facilities in your area, keep you updated on work being done, and process your claim quickly and efficiently.
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