Car Insurance in London

Compare London Auto Insurance quotes
in minutes.

I'm looking for

My postal code is

and I live in

Compare rates from companies like:

Get the best auto insurance rate in London. Comparing car insurance rates is fast, easy and secure.

Are you searching for the lowest cost for car insurance in London? At Kanetix.ca, we will find you the best insurance rate available. To lock in the best car insurance rate, we have the most comprehensive comparison tool to make sure you get the best deal from the largest selection of insurance providers available. Compare London auto insurance quotes today for the best price. It's simple, quick and free to use.
  • Enter your driving and vehicle details once
  • Review all your quotes to choose the best offer and lowest rate
  • Connect with us (online or on the phone) to secure the best auto insurance rate

London auto insurance

When you shop for something, you want the best deal. Why should your car insurance be any different? The Financial Services Commission of Ontario (FSCO) reviews and approves the latest rate changes about every three months. Since rates change on a quarterly basis, it's a good idea to keep track of it by signing up for the Kanetix.ca Car Insurance Rate Tracker.

London car insurance policy 101

Your car insurance policy is made up of a variety of coverages, some mandatory and some optional. The following are some of the mandatory coverages:
  • Accident Benefits:: Accident Benefits are benefits you receive if you are injured in a collision, regardless of who was at fault.
  • Third Party Liability: Third Party Liability coverage pays for a legal claim for a collision that causes injury or damage to a third party. The minimum limit requirement is $200,000 although most drivers go with at least $1 million.
  • Direct Compensation - Property Damage (DCPD): This provides coverage for damage to your car and any property inside the car as a result of a collision in which you are not to blame.
  • Uninsured Motorist Coverage: This portion of your policy provides protection if you are in an accident and injured or killed by an uninsured driver or a hit-and-run driver.
As of June, 2016 there are changes to your standard Accident Benefits coverage. Learn more about what's different and read, Ontario Car Insurance Is Changing. What You Need to Know

There are optional coverages as well. The following are two of the most common:
  • Collision: This covers damage to your vehicle as a result of an impact or collision with another vehicle or object.
  • Comprehensive:This insures your car against damage caused by events like theft and vandalism.
Both of these optional coverages typically come with a deductible. A deductible is the portion of an insurance claim you agree to pay. Your deductibles will factor into how your auto insurance rates are calculated. The higher the deductible the lower your rates.

What goes into your London car insurance rate?

London, also known as "The Forest City" is now home to more than 366,000 people. You`ll find that the average age of drivers in London is 39 and behind the wheel, males outnumber females by a margin of 65 to 35 per cent.

Drivers in London should be aware that insurance providers will examine several different criteria before issuing the insurance rate. Where you reside in London, your commute, the model of car you drive, and your driving record are all important in determining what your car insurance will cost.

Where you live in London

In calculating the cost of auto insurance for drivers in London, insurance brokers and agents have a standard checklist to follow. Statistics and other historical information help them figure out what roads, intersections and neighborhoods pose the greatest risk of accidents and collisions.

Your commute

If you work close to home or choose to use public transportation to get to work, insurance providers may take a favourable view cost wise when it comes to calculating your insurance premiums. Those with lengthier commutes often have to pay more.

The car you drive in London

The vehicle you purchase, lease or currently own will figure into the cost of insurance you pay. Car insurance companies have access to a great deal of information about different car models that they incorporate when it comes time to setting rates. Some car models are more likely to be stolen while others may rank higher in safety. Some vehicles are significantly more expensive to repair and the cost of replacement parts may vary considerably.

Drivers in London list the Honda Civic as the most popular car, as they filled out information to find the lowest insurance rates on Kanetix.ca. The Toyota Corolla was the second most listed, followed by the Mazda3. The Ford Focus and Escape were the fourth and fifth most popular.

Your driving history

Driving history and auto insurance rates are inseparable, as you realize. Naturally, car insurance firms will carefully track any accidents, tickets or infractions that show up on your record. Good driving behaviour and safe handling of your vehicle on the roads will be rewarded by cost savings when insurance premiums are generated.

While looking for low insurance quotes on Kanetix.ca, 58 per cent of drivers in London indicate they have had at least one car accident. Significantly less (43%) report they have had just one ticket. When you examine the differences by gender, there is a ten per cent difference with 47 per cent of males and 37 per cent of females reporting getting one ticket.

Benefits of Driving Safely

Most motorists realize that using snow tires to help you drive in nasty winter conditions is a good way to avoid accidents. Drivers in London are accustomed to 200 cm (80 inches) of snow on average. As a result of this, 81 per cent of motorists' rate shopping have noted that they use snow tires to navigate more safely during the winter months.

Thousands of Kanetix.ca customers throughout Ontario now benefit from a discount being offered by car insurance companies province-wide to any driver who buys and installs four winter tires in November and keeps them on until April. In a bid to improve on driver safety, the Ontario government introduced the legislation on January 1, 2016 and since that time, many drivers have saved up to 5 per cent on auto insurance rates by choosing to install snow tires.

Save more with other discounts

Auto insurance firms welcome additional business and to gain this extra revenue, they will offer significant discounts to customers who hold multiple policies. More than half (52%) of car insurance customers in London are showing interest in receiving multi-line discounts from the same provider.

Further saving options should always be examined and customers often forget to ask for additional discounts. Taking driver training courses, belonging to certain groups or having extra security features in your home or car to prevent theft or vandalism are all viable ways to save on car insurance.

Shop around to see if you can save on your auto insurance

Compare your London auto insurance rates on a regular basis to make sure you're not overpaying for your coverage. Shop around annually at renewal as well as anytime when your lifestyle changes. If you get married, move, or buy a new car, these are all times when you should shop around for a lower auto insurance rate.
*60% of Kanetix customers in Ontario who participated in the survey said Kanetix helped them identify an average savings amount of $776.58 (December 1, 2015 - February 29, 2016) on their car insurance. The cited amount represents the average difference between the best quote obtained at www.kanetix.ca and the current premium amount of participants in the survey. The savings amount varies by individual and does not constitute a guarantee; in each individual case, the difference may be smaller or greater than the savings amount cited.

How to save with Kanetix

Reminders & savings

Sign up for our free mortgage and insurance Renewal Reminder service or Newsletter for the latest news and money saving tips.

Email address

auto INSURANCE QUOTE TICKER
Car Insurance Quotes Premium
Customer 26, LONDON, ON
2010, HONDA, CR-V EX-L 4DR AWD
The Co-operators$1687
Aviva$1882
belairdirect$1892
Johnson Insurance$1934
Coachman Insurance$2089
Range of top quotes$402
Customer 32, LONDON, ON
2001, TOYOTA, ECHO 4DR
belairdirect$1277
Gore Mutual$1768
Economical Insurance$1863
Wawanesa$1981
TD Insurance$2138
Range of top quotes$861
Customer 22, LONDON, ON
2006, CHEVROLET, AVEO LT 5DR
belairdirect$1700
Dominion of Canada$1973
Allstate$2103
Desjardins Insurance$2334
TD Insurance$2356
Range of top quotes$656
Customer 24, LONDON, ON
2004, KIA, SPECTRA 4DR
belairdirect$1935
Gore Mutual$2095
Wawanesa$2487
Economical Insurance$2518
TD Insurance$2763
Range of top quotes$828
Customer 70, LONDON, ON
2011, VOLKSWAGEN, TIGUAN 2.0 TSI 4DR AWD
Desjardins Insurance$1152
Allstate$1370
TD Insurance$1435
Chieftain Insurance$1824
COSECO$1868
Range of top quotes$716
Customer 53, LONDON, ON
2016, CHEVROLET, SONIC LS 4DR
Desjardins Insurance$1269
COSECO$1606
The Co-operators$2311
Wawanesa$2496
Gore Mutual$2538
Range of top quotes$1269
Customer 28, LONDON, ON
2014, FORD, ESCAPE S 4DR 2WD
Economical Insurance$1872
Wawanesa$2083
Gore Mutual$2288
Dominion of Canada$2643
Coachman Insurance$2666
Range of top quotes$794

AUTO RATE TRACKER

Live in Ontario? Use the Kanetix car insurance Rate Tracker to easily compare the rate fluctuations of Ontario's car insurers.

Customer testimonials

"Using your site to compare auto insurance was so easy and so helpful. Thanks for providing a site like this!"

Dundar - Ontario

Read more