How Much Is Car Insurance In Ontario For a New Driver?

Insurance In Ontario For a New Driver

Since childhood, most people dream of owning a car and going on adventures in our cool rides. We yearn for the excitement, and finally, the day comes when we are handed our first driver’s license. The day is one of the most memorable days of our lives. Isn’t it?

But then, when we find out about all the other mundane things that come along with it, our optimism and excitement fade. One of these things is car insurance. Given how frustrating the whole process of purchasing insurance and finding out which one’s the best can be, we often try to run away from it all. Isn’t that true? However, insurance is still very necessary, as mandated by law!

Importance of Car Insurance

First of all, don’t think of it as a lame thing that would make your life difficult. Agreed! This costs a lot, and you think why should you pay for it? But the reason is satisfying. Car insurance not only saves your car, but it also saves your wallet.

Just like the uncertainty of life, driving a car is uncertain. So why not prepare for things like accidents – which can happen at any time – well in advance?

Car insurance comes to your rescue when you get in an accident, helping you avoid paying thousands of dollars out-of-pocket for repairs.

Car Insurance In Ontario, Canada

Living in a mesmerizing place like Canada, the driving experience is on another level. You see the beauty of the place as you drive by. But as the place is mostly covered by snow, the roads are often slippery. 

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Thus, the best way to save yourself from the exorbitant cost of accidents and major losses is to have car insurance. It is mandatory!

How To Choose The Right Insurance Company

Now that you know how essential it is to purchase insurance for your car, the next step is to find the best car insurance company in Ontario. Luckily, Surex can help you find what the average car insurance cost is and also can give you the absolute best rates on car insurance by comparing quotes from several different companies.

Third-Party Liability Coverage

You don’t want someone else to get hurt by you. Do you? So, let’s avoid this all by choosing a company that gives third-Party liability. It will release the tension out of your shoulders by covering for your bad luck.

Statutory Accident Benefits Coverage

I am not saying that you would. But, just in case if you meet a horrific accident, a Statutory Accident Benefits Coverage will handle all your medical and health bills. Better safe than sorry!

Direct Compensation & Property Damage Coverage

Let’s say that it was someone else’s fault that you were in an accident, and all your property inside, including the car, is damaged. This will cover it all.

Uninsured Automobile Coverage

If life leads you to a turn that you or your family gets heavily injured or faces death, this will cover the funeral expenses and the cost of hospital facilities.

Graduated Licence System In Ontario

If you are a new driver or you want information about the driving system in Ontario, it is more than essential to know the basic infrastructure. Moreover, are you aware that to get full proficiency, you need to pass 15 levels?

Relax! It’s not as hard as it sounds. In fact, you need to go through the following to find out about the graduated system:

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The G1 Driver

You can pass this test if you are at least 16 years old. Yes, you can drive a vehicle. But just for information, you will have to follow some restrictions like driving after 5 am, and before 10 pm.

The G2 Driver

The G2 driver gets the freedom of driving alone. It’s the first step to serenity. Although, make sure you follow all the rules to stay out of trouble.

A Full G Driver

This is the part when you live your life—After having a G2 license for a year, you are blessed with the G driving license, and you can roam fully for the completion of your childhood dream!

Car Insurance For A New Driver

I know it is hard for new drivers, and the insurance part makes it harder. New drivers have to pay more than fully experienced drivers. It is for their own goods. But don’t lose hope; the car insurance goes on decreasing as you go on improving. The average insurance for a new driver is $1900.

How Much Is Insurance For a New Driver?

As told earlier, the rate is quite high, but it also depends on other things. What are the other factors? See for yourself:

Car Insurance By Location

As there are many areas in Ontario, each has its own range of car insurance. Starting from Ontario, it has $1150 annually, London has $1300 annually, Mississauga $2000, and Hamilton $1900.

Car Insurance By Age

A new driver can be of any age, but the insurance ranges for each. The adults are in luck as they have to pay lower rates. As teenagers are more likely to get into accidents, they have to pay considerably more.

Car Insurance By Gender

Not discriminating, but as men tend to drive more, they get into more accidents, and thus, have to pay more car insurance. And as for the ladies, lucky you!

With Great Power Comes Great Responsibility!

As the Peter Parker principle in Spiderman has taught many, you, as a new driver, must follow it wholeheartedly. Even though you are given great freedom when you have a driver’s license, make sure that you are driving with 0% alcohol in your body and try to avoid as much trouble as you can. Look for the blind spots, and put them in your extreme focus. Just as an elementary school teacher says, “Slow and steady wins the race!”


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