After a year of bad news, auto insurance rates dropped overall in Canada by 2.6% in the fourth quarter of 2020 and in Ontario the decrease was 3.2%, according to new data.

It turns out COVID-19 may have been good for something as people stayed home and drove less.

According to, car insurance rates in Canada skyrocketed by 19.1% on average between 2017 and 2019.

In Ontario, the insurance rate on average was $1,463 in March of 2017 and $1,634 in March of 2019 — an increase of 11.69%.

Ontario seems to have done the best in the country in 2020 with rates dropping the fastest in the country and dropping 3.2% in the fourth quarter.

“It’s great news for the Ontarian drivers, given that their average car insurance rate is the second highest in Canada after B.C.,” the report says.

The rates between 2017 and 2019 show Quebec is the province with the cheapest auto insurance rates in Canada — with an average driver paying $798  in 2019, that province had a rate increase of 17%.


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