Quick Answer: Which city in Canada has the highest insurance rates?

Ontario has some of the highest auto insurance rates in the country, and drivers in Brampton pay the province’s highest premiums, ringing in at an estimated average of $2,698 per year.

What city has the highest insurance rate?

Perhaps unsurprisingly, New York City car insurance rates are some of the highest in the country. Insurance premiums here are more than twice the national average — an increase of 188.1% — and they’re well above the state average of $3,433.

Does Brampton have the highest insurance in the world?

The highest ranking cities all fall within the GTA, and Brampton’s spot at the top means residents pay an estimated premium of $2,392 per year, about 65 per cent higher than the rest of the province. …

Why does Brampton have high insurance rates?

“Our results show that, compared to the rest of Ontario, many Brampton-area residents live in postal codes with more traffic, higher collision rates and a larger proportion of drivers with very nice — and thus very expensive to repair — vehicles,” Berkow said, adding that RATESDOTCA doesn’t have data to prove this for …

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Where is the highest car insurance?

Car insurance rates by state 2021

Rank State Average premiums
1 Louisiana $2,839
2 Michigan $2,112
3 Florida $2,082
4 California $1,966

Which province has the highest insurance rates?

British Columbia – $1,832

Drivers in Canada’s westernmost province pay the highest insurance rates in Canada, averaging just over $1,800 a year.

What car has the highest insurance in Ontario?

Most Expensive Cars to Insure in Ontario

  • Toyota FJ Cruiser.
  • Acura MDX.
  • Acura RDX.
  • Honda Civic.
  • BMW X5.
  • Porsche Cayenne.
  • Acura TLX.
  • Ford F-250 Super Duty.

What city has the highest insurance rate in Ontario?

Ontario has some of the highest auto insurance rates in the country, and drivers in Brampton pay the province’s highest premiums, ringing in at an estimated average of $2,698 per year.

Is Brampton cheaper than Scarborough?

Brampton (123.5% more expensive than Ontario’s average) Scarborough (83.6% more expensive than Ontario’s average)

Is Vaughan more expensive than Mississauga?

Cost of Living Comparison Between Vaughan and Mississauga

You would need around 6,287.62C$ in Mississauga to maintain the same standard of life that you can have with 6,400.00C$ in Vaughan (assuming you rent in both cities).

How much does car insurance cost in Brampton?

How much is car insurance in Brampton? The average cost of car insurance in Brampton is $2,698 per year or around $225 per month. However, car insurance rates are based on more than location alone.