Car insurance Ontario is a legal requirement for all drivers and vehicle owners. The province follows a "no-fault" insurance system, meaning that regardless of who is at fault in an accident, each driver's own insurance covers their damages, medical expenses, and other losses. Ontario drivers are required by law to carry a minimum level of coverage, including third-party liability, accident benefits, and uninsured automobile coverage. These minimums protect both the driver and other people involved in accidents.
While the basic coverage meets the legal requirements, many drivers choose to opt for additional coverage options for greater protection. These options can include collision coverage (which covers damage to your own vehicle in an accident), comprehensive coverage (which covers non-collision incidents like theft, fire, or vandalism), and additional benefits such as roadside assistance or rental car reimbursement.
The cost of car insurance in Ontario can vary significantly based on factors like the driver’s age, driving history, the type of car, and where the vehicle is located. Urban areas tend to have higher premiums due to increased risk of accidents or theft. Shopping around and comparing quotes from different insurance providers is important for finding the best rates and coverage to suit your needs.