Smart Auto Insurance Comparison with Zero Guesswork
Every driver is unique. MakeMyRates compares car insurance quotes across represented underwriters in Canada to find balanced liability limits, collision protection, and practical discounts that protect your budget.
Auto Insurance Fast Intake
Provide basic vehicle information to begin comparing rates.
Mandatory Coverages vs. Optional Protections
In Canada, auto insurance is regulated provincially. Here is a clear breakdown of what you are legally required to carry versus the endorsements that safeguard your wallet.
Legally Required Coverages (Ontario)
- Third-Party Liability (TPL) Protects you if you are held legally responsible for bodily injury or property damage to another person. While the legal statutory minimum is \$200,000, most Ontario drivers carry \$1,000,000 or \$2,000,000.
- Statutory Accident Benefits (SABS) Provides medical rehabilitation, attendant care, income replacement, and caregiver benefits if you, your passengers, or pedestrians are injured in a collision, regardless of who was at fault.
- Direct Compensation - Property Damage (DCPD) Covers damage to your own vehicle and its contents when another identifiable driver is partially or wholly at fault, processed directly through your own insurer.
- Uninsured Automobile Coverage Protects you and your occupants against bodily injuries or fatal accidents caused by an uninsured or unidentified hit-and-run driver.
Valuable Optional Protections
- Collision or Upset Coverage Pays for repairs or actual cash value replacement if your car collides with another vehicle, a stationary object (guardrail, streetlight), or rolls over in an at-fault scenario.
- Comprehensive Coverage Protects against non-collision perils including vehicle theft, vandalism, falling branches, fire, windshield cracks, and wildlife strikes.
- Loss of Use (OPCF 20 Endorsement) Provides reimbursement for rental vehicle expenses or public transit costs while your primary vehicle is undergoing covered repairs.
- Accident Forgiveness (OPCF 39 Endorsement) Ensures your driving record and clean-record rating discount remain protected after your first at-fault collision.
- Depreciation Waiver (OPCF 43 Endorsement) Waives vehicle depreciation on newly purchased or leased vehicles for up to 24 to 36 months in the event of a total loss.
Proven Ways to Reduce Your Car Insurance Costs
Lowering your premium does not have to mean gutting your coverage. Review these effective strategies with a MakeMyRates broker.
Explore Local Ontario Auto Insurance Guides
Because insurance risk profiles differ across postal codes and municipal transit arteries, explore our localized insurance hubs.
Auto Insurance FAQs
Answers to common driver questions regarding auto policies and rate comparisons.
What factors affect my car insurance premium?
Auto insurance premiums in Canada are calculated based on several statistical rating factors: your residential postal code (local collision frequency and theft rates), your driving history (years licensed, traffic convictions, and at-fault collisions), the vehicle's year, make, and model (repair costs and safety ratings), your daily commute distance, and the coverage deductibles you select.
Does a broker charge me a fee to quote my auto insurance?
No. MakeMyRates provides rate comparisons and insurance quotes without broker consultation fees. We are compensated by the represented insurance company only when you decide to bind a policy.
Can I pause or suspend my car insurance if I do not drive in winter?
Yes. You can discuss an OPCF 16 endorsement (Suspension of Coverage) with your broker, which temporarily suspends road liability and collision coverage while keeping comprehensive coverage active against fire, theft, and storage perils.
What is OPCF 27 and do I need it for rental cars?
OPCF 27 is the "Liability for Damage to Non-Owned Automobile(s)" endorsement. It transfers your existing auto policy's physical damage coverage to rental cars you drive in Canada and the United States, typically saving you from paying high daily collision damage waivers at rental counters.