Top 10 Cheapest Cars to Insure in Ontario (Save Thousands)
_(2).jpg)
Car insurance in Ontario isn’t cheap – but the vehicle you drive can make a major difference to what you pay. In Ontario, compact sedans and hatchbacks with strong safety ratings and low repair costs are typically the cheapest cars to insure.
If you’re shopping for a new or used car, choosing a model that’s cheaper to insure could save you thousands of dollars over the life of the vehicle.
Keep reading for the top 10 cheapest cars to insure in Ontario, why these models tend to have lower premiums, and how to get the best possible rate with expert advice from Western Financial Group.
If you want to see how much you could save right away, start with a free Ontario car insurance quote from Western:
What Makes a Car Cheap to Insure in Ontario?
Insurance companies look at risk. Cars that cost less to repair, are less likely to be stolen, and are driven by lower‑risk drivers typically come with lower premiums.
Cheaper‑to‑insure cars often share these traits:
- Strong safety ratings
- Lower repair and replacement costs
- Smaller engines and moderate performance
- Lower theft rates
- Popular models with readily available parts
As an independent broker, Western sees these rating factors applied across multiple Ontario insurers.
As trusted advisors, our local insurance brokers help Ontario drivers compare rates across multiple insurers – so even if you already own one of these vehicles, we can still help you save by finding the right insurer for your situation.
Top 10 Cheapest Cars to Insure in Ontario
Note: Insurance costs vary by driver profile, location, and coverage level. These vehicles consistently rank among the most affordable to insure for many Ontario drivers.
1. Honda Civic
A long‑time favourite in Ontario, the Honda Civic is known for:
- Excellent safety features
- Affordable parts and repairs
- Strong reliability record
It’s a go‑to option for commuters, students, and families – and insurers like it too.
Why insurers like it: A long claims history, strong safety performance, and widely available replacement parts help keep repair costs predictable.
2. Toyota Corolla
The Corolla is one of the most insured vehicles in Ontario, which helps keep insurance costs predictable. It’s:
- Reliable
- Fuel‑efficient
- Inexpensive to fix
Why insurers like it: Proven reliability and lower‑cost repairs reduce claim severity compared to many similar vehicles.
3. Mazda3
With solid safety scores and reasonable repair costs, the Mazda3 often comes with lower premiums than sportier compact cars.
Why insurers like it: Consistent safety ratings and moderate performance levels typically translate to lower overall insurance risk.
4. Hyundai Elantra
Hyundai’s Elantra offers modern safety technology without luxury‑level repair costs – a combination insurers appreciate.
Why insurers like it: Modern safety technology paired with reasonable repair costs makes it less expensive to insure than many newer vehicles.
5. Kia Forte
The Forte is practical, affordable, and built with safety in mind. Its lower purchase price and modest performance help keep insurance costs down.
Why insurers like it: Lower vehicle value and modest engine performance help limit claim costs and premium volatility.
6. Toyota Camry
While slightly larger than a compact, the Camry’s reputation for durability and safety keeps premiums competitive, especially for experienced drivers.
Why insurers like it: A strong reputation for durability and safety contributes to stable insurance pricing, particularly for experienced drivers.
7. Subaru Impreza
Standard all‑wheel drive and strong safety features make the Impreza attractive to insurers — particularly in Ontario’s winter conditions.
Why insurers like it: Standard all‑wheel drive and safety‑focused design support lower accident risk, especially in winter driving conditions.
8. Volkswagen Jetta
The Jetta balances comfort and efficiency, with repair costs that are generally lower than many European competitors.
Why insurers like it: Practical design and relatively manageable repair costs help offset the higher premiums often associated with European brands.
9. Nissan Sentra
The Sentra’s safety technology and lower engine power often translate into more affordable insurance rates.
Why insurers like it: Advanced safety features and lower engine power typically result in fewer high‑severity claims.
10. Honda Fit
Though no longer sold new, the Honda Fit remains popular on the used market. Its small size, visibility, and safety record help keep premiums low.
Why insurers like it: Compact size, strong visibility, and a solid safety record help keep insurance costs lower on the used market.
How Much Can You Really Save?
Choosing one of the cheapest cars to insure is only half the equation. The insurer you choose – and how your policy is structured – matters just as much.
That’s where Western Financial Group stands out.
Unlike direct insurers that offer only one option, Western is a leading Canadian insurance broker that:
- Compares quotes from multiple trusted insurers
- Finds coverage tailored to your driving profile
- Helps you unlock discounts you might otherwise miss
- Provides local, expert advice – not call‑centre scripts
Learn how Western helps Ontario drivers save
Extra Ways to Lower Your Ontario Car Insurance
Even if you already own one of the cars above, Western can help you reduce your premium by:
- Bundling home and auto insurance
- Adjusting deductibles strategically
- Reviewing optional coverages on older vehicles
- Identifying safe‑driver or usage‑based discounts
- Matching you with insurers that favour your vehicle type
Because Western works with many insurers, we shop the market for you – saving time and money.
Frequently Asked Questions
What is the cheapest type of car to insure in Ontario?
Compact sedans and hatchbacks with strong safety ratings and low repair costs are typically the cheapest to insure.
Are used cars cheaper to insure than new cars?
Often, yes – especially if collision and comprehensive coverage can be adjusted. Western can help you review the best options.
Does where I live in Ontario affect my insurance?
Yes. Location matters, but choosing a low‑risk vehicle and the right insurer can still make a significant difference.
Why Ontario Drivers Choose Western Financial Group
With over a century of experience serving Canadians, Western offers:
- Personalized advice from licensed experts
- Access to multiple insurers, not just one
- Same‑day coverage options
- A reputation built on trust, transparency, and value
If you’re buying a new car – or just want to stop overpaying – Western helps you make smarter insurance decisions.
Ready to See Your Savings?
Choosing one of the cheapest cars to insure is a smart move. Pairing it with the right insurance broker makes it even smarter. As a licensed insurance broker, we work with multiple leading car insurance providers in Ontario, allowing us to compare premiums, coverage options, and discounts side by side – all based on the car you drive and how you drive it.
Because we’re not tied to a single insurer, Western helps Ontario drivers find cheaper car insurance options that match their vehicle and risk profile – not a one‑size‑fits‑all rate.
Instead of forcing your vehicle into one insurer’s pricing model, we help match your coverage to:
- The make, model, and value of your car
- Your driving history and annual mileage
- Whether your vehicle is new, used, or fully paid off
- Your comfort level with deductibles and financial risk
We also help identify common coverage gaps and cost-saving opportunities that are often missed when drivers buy insurance directly – especially when it comes to optional coverages on lower‑value vehicles, liability limits, and bundling discounts. And if you ever need to make a claim, you’re not navigating it alone – our advisors are there to support you through the process.
For many Ontario drivers, working with a broker isn’t about paying more for car insurance – it’s about getting the cheapest car insurance that still fits their needs, with confidence and expert guidance from a broker they can trust.
Get your free Ontario car insurance quote today with expert advice you can trust from Western Financial Group.
