Car insurance for teenagers in Ontario can be quite expensive, as new drivers are considered higher risk to insure due to their lack of driving experience. Statistically, teenage drivers are more likely to be involved in accidents, which means that insurance companies often charge higher premiums to cover the added risk.

In Ontario, new drivers must complete a graduated licensing program before they can obtain a full driver’s license. This includes obtaining a G1 license, which allows new drivers to drive with a fully licensed driver in the passenger seat, and a G2 license, which allows new drivers to drive alone with some restrictions.

Car insurance for teenagers who are just starting out with a G1 license is typically more expensive than for those with a G2 license, as G1 drivers are still considered to be at the highest risk for accidents. As drivers gain more experience and move up to a G2 license, their insurance rates may start to decrease, as long as they maintain a clean driving record.

To help reduce the cost of car insurance for teenagers in Ontario, it’s important to shop around and compare quotes from multiple insurance companies. Additionally, some insurance companies offer discounts for good grades, completion of a driver’s education course, or for driving a car with certain safety features.

Overall, car insurance for teenagers in Ontario can be expensive, but with careful planning and research, it is possible to find affordable coverage that meets the needs of new drivers and their families.

Car Insurance Rates For Teenagers in Ontario

Car insurance rates for teenagers in Ontario can be quite high due to their lack of driving experience and higher risk of accidents. The following are examples of average rates for 16, 17, and 18-year-old drivers in major cities in Ontario, as of my knowledge cutoff in September 2021. Please note that these rates can vary based on factors such as driving history, type of car, and insurance provider.

City: Toronto

• 16-year-old driver: $6,000 – $12,000 per year
• 17-year-old driver: $4,500 – $8,500 per year
• 18-year-old driver: $3,500 – $6,500 per year

City: Ottawa

• 16-year-old driver: $3,500 – $7,500 per year
• 17-year-old driver: $2,500 – $5,000 per year
• 18-year-old driver: $2,000 – $4,000 per year

City: Hamilton

• 16-year-old driver: $4,500 – $9,000 per year
• 17-year-old driver: $3,500 – $7,000 per year
• 18-year-old driver: $2,500 – $5,000 per year

City: London

• 16-year-old driver: $3,500 – $7,000 per year
• 17-year-old driver: $2,500 – $5,000 per year
• 18-year-old driver: $2,000 – $4,000 per year

City: Windsor

• 16-year-old driver: $4,000 – $8,000 per year
• 17-year-old driver: $3,000 – $6,000 per year
• 18-year-old driver: $2,500 – $5,000 per year

It’s important to note that rates may vary depending on the insurance company, type of car, and other individual factors. Additionally, there are steps that teenagers can take to potentially lower their insurance rates, such as taking driver’s education courses or maintaining a good driving record.