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Peterborough is a city located in eastern Ontario, Canada. It is situated on the Otonabee River and is approximately 135 kilometers northeast of Toronto. With a population of around 83,000 people, it is the largest city in the Peterborough County and serves as the county seat.

Peterborough is known for its rich history, picturesque scenery, and diverse economy. The city has a strong manufacturing sector, particularly in the aerospace and automotive industries. It is also home to Trent University, which attracts students from around the world to study in its beautiful natural surroundings.

One of the most popular attractions in Peterborough is the Lift Lock, which is the highest hydraulic lift lock in the world. Visitors can watch as boats are raised and lowered 65 feet between the Trent-Severn Waterway and the Otonabee River. The city also boasts several parks and nature reserves, including the famous Peterborough Zoo and the Kawartha Lakes region.

Peterborough has a vibrant arts and culture scene, with numerous festivals and events throughout the year. The Peterborough Folk Festival, held every August, is one of the largest folk festivals in Canada, while the Kawartha Craft Beer Festival, held in September, showcases local breweries and food vendors.

Overall, Peterborough is a beautiful and welcoming city with something for everyone, from outdoor enthusiasts to history buffs to art lovers.

Is car insurance cheaper in Peterborough versus Toronto?

Non-Owned-car

In general, car insurance rates in Peterborough tend to be lower than in Toronto due to Peterborough being a smaller city with lower rates of car theft and accidents compared to Toronto. As an example, a male driver aged 30 with a clean driving record and a 2016 Honda Civic could expect to pay around $1,200-$1,500 per year for car insurance in Peterborough, compared to $1,800-$2,200 per year in Toronto.

Calculating and comparing Peterborough car insurance quotes

To calculate and compare car insurance quotes in Peterborough, follow these steps:

  1. Determine your coverage needs: Consider the level of coverage you need, such as liability, collision, and comprehensive coverage. Also, consider any additional coverage options you may want, such as roadside assistance or rental car coverage.
  2. Gather your information: You will need information about your vehicle, such as the make, model, and year, as well as information about your driving history and personal information.
  3. Shop around: Contact multiple insurance providers or use online comparison tools to get quotes. Provide the same information to each provider to ensure accurate comparisons.
  4. Compare quotes: Compare the quotes you receive from each provider based on coverage options, deductibles, and premiums. Consider factors such as customer service, claims handling, and discounts offered.
  5. Choose the best option: Choose the car insurance provider that offers the best coverage and rate for your needs.

What’s the average cost of car insurance in Peterborough per month and per year?

The average cost of car insurance in Peterborough is around $100-$125 per month or $1,200-$1,500 per year.

Here’s a table outlining example average car insurance costs in Peterborough for different driver profiles and types of cars:

Driver ProfileCar TypeAnnual CostMonthly Cost
30-year-old male, clean recordSedan (2016 Honda Civic)$1,200 – $1,500$100 – $125
25-year-old female, one at-fault accidentSUV (2017 Ford Escape)$2,000 – $2,500$167 – $208
40-year-old male, clean recordTruck (2015 Ram 1500)$1,500 – $2,000$125 – $167
22-year-old male, high-risk driverCoupe (2014 Ford Mustang)$5,000 – $7,500+$417 – $625+
55-year-old female, clean recordMinivan (2013 Dodge Grand Caravan)$1,200 – $1,500$100 – $125
20-year-old male, full G licenseSports Car (2018 Chevrolet Camaro)$3,500 – $5,000+$292 – $417+

Average car insurance costs in Peterborough for different driver profiles

car rental

Here’s a table outlining average car insurance costs in Peterborough for different driver profiles:

Driver ProfileAnnual CostMonthly Cost
New Driver$3,500 – $6,000+$292 – $500+
Secondary Driver$1,200 – $1,800$100 – $150
G1 Driver$3,000 – $5,000+$250 – $417+
G2 Driver$2,000 – $3,500+$167 – $292+
Full G$1,200 – $1,800$100 – $150
Teenage Driver$5,000 – $8,000+$417 – $667+
Young Driver$3,000 – $5,000+$250 – $417+
High-risk Driver$5,000 – $10,000+$417 – $833+
17 Years Old$4,000 – $7,000+$333 – $583+
Seniors$1,200 – $1,800$100 – $150
Over 55 Years Old$1,200 – $1,800$100 – $150
Students$2,000 – $3,500+$167 – $292+
International Driver$3,000 – $5,000+$250 – $417+
Newcomers$3,500 – $6,000+$292 – $500+
Men Driver$1,500 – $3,000+$125 – $250+
Women Driver$1,200 – $2,500$100 – $208
Married Couples$1,200 – $1,800$100 – $150
Usage-BasedVariesVaries
UberVariesVaries

Average car insurance costs in Peterborough for different types of cars

brand-new-car

Here’s a table outlining average car insurance costs in Peterborough for different types of cars:

Car TypeAnnual CostMonthly Cost
Sedan$1,200 – $1,800$100 – $150
Convertible$1,800 – $2,500+$150 – $208+
Hatchback$1,200 – $1,800$100 – $150
Wagon$1,200 – $1,800$100 – $150
Coupe$2,500 – $5,000+$208 – $417+
SUV$1,800 – $2,500+$150 – $208+
Truck$1,500 – $2,000$125 – $167
Minivans$1,200 – $1,800$100 – $150
Van$1,200 – $1,800$100 – $150
Electric Car$1,800 – $2,500+$150 – $208+
Hybrid Car$1,800 – $2,500+$150 – $208+
Multi CarVariesVaries
Exotic Car$7,500 – $15,000+$625 – $1250+
Sports Car$2,500 – $5,000+$208 – $417+
Leased carsVariesVaries
2 Door$2,500 – $5,000+$208 – $417+

Average car insurance costs in Peterborough based on driving history

Here’s a table outlining average car insurance costs in Peterborough based on driving history:

Driving HistoryAnnual CostMonthly Cost
Clean driving record$1,200 – $1,800$100 – $150
1 at-fault accident$2,500 – $4,500+$208 – $375+
1 non-fault accident$1,800 – $2,500+$150 – $208+
DUI conviction$5,000 – $10,000+$417 – $833+
1 speeding ticket$1,800 – $2,500+$150 – $208+

Which companies and brokers offer car insurance quotes in Peterborough?

car insurance

Here’s a list of 20 companies and brokers that offer car insurance quotes in Peterborough:

  1. Allstate
  2. Aviva Canada
  3. Belairdirect
  4. BrokerLink
  5. CAA Insurance
  6. Canada Brokerlink Inc.
  7. Desjardins Insurance
  8. DirectRate.ca
  9. Johnson Insurance
  10. Mitchell & Whale Insurance Brokers
  11. Morison Insurance
  12. Onlia
  13. PC Insurance
  14. RBC Insurance
  15. Square One Insurance
  16. State Farm Canada
  17. Surex
  18. The Co-operators
  19. Travelers Canada
  20. Zenith Insurance

About the Author: Robert Davis

He is an insurance content professional with vast knowledge and a special aptitude and interest in imparting insurance education. He has authored many articles on insurance.

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