Ontario Auto Insurance Quotes & Regulatory Guide
Auto insurance in Ontario operates under the Financial Services Regulatory Authority of Ontario (FSRA). MakeMyRates compares rates across represented Ontario insurance companies to help drivers balance mandatory accident benefits with competitive premiums.
Ontario Driver Rate Check
Compare represented insurers in your Ontario postal code.
The 4 Mandatory Components of Every Ontario Auto Policy
To drive legally in Ontario, your policy must include these statutory protections.
1. Third-Party Liability
Covers costs if you are held legally liable for injuries or property damage caused to another party. The legal statutory minimum in Ontario is $200,000, though virtually all brokers and lenders recommend $1,000,000 or $2,000,000.
2. Direct Compensation (DCPD)
Under Ontario's no-fault system, damage to your vehicle resulting from an accident where another identifiable driver is partially or fully at fault is reimbursed directly by your own insurer.
3. Statutory Accident Benefits
Provides medical, rehabilitation, attendant care, and income replacement if you or passengers are injured in a vehicular collision, regardless of fault.
4. Uninsured Automobile
Protects you and family members if injured or killed by an uninsured motorist or an unidentified hit-and-run driver on Ontario roadways.
The Ontario Winter Tire Discount Mandate
Since 2016, Ontario law mandates that all private passenger auto insurers offer a discount for policyholders who install four certified winter tires.
To receive the winter tire discount (typically 2% to 5% off your annual premium): (1) all four tires must display the 3-peaked mountain snowflake symbol, and (2) tires must remain installed during the insurer's defined winter season (commonly November 1st to April 1st).