Jamie MacDonald
2026-05-07 14:59:32
★★★★★
Dylan Smith was a fantastic rep! Enjoyed our conversations and he was incredibly helpful and quick to get my policy replaced with a new one. Thank you.
Find the best London car insurance rates
The average cost of car insurance in London is $2,153 per year. This is $11 less than the provincial average of $2,164.
London car insurance rates are known for being lower than or on par with the provincial rates. Comparatively, there are fewer highways, fewer accidents, and safer driving conditions exist. Highway 401 passes along the south side of the city.
Even with reasonable rates, there are still opportunities to lower your payments even more when you compare London car insurance quotes every year. Our insurance experts will guide you through the quote process. We'll ensure you get the insurance you need at the best rate. Expect great value without sacrificing your coverage.
Top takeaways about car insurance in London
- The average cost of London car insurance in 2025 is $2,153 annually. This is a monthly payment of about $179.
- Auto insurance premiums increased by 2.52% in London last year.
- London auto insurance premiums have remained consistent from 2019 to 2025, hovering around the $2,000 per year mark.
- Postal code area N5X (Fanshawe, Stoneybrook) has the most affordable rates.
Current rate data is based on ThinkInsure quote submissions from January 1, 2025, to December 31, 2025. See our methodology.
$2,153/yr
is the average auto insurance cost in London
N5X
is the cheapest postal code area
32% lower
insurance rates for mature drivers
15th highest
average premiums in Ontario
What is the average car insurance cost in London?
The average cost of car insurance in London is approximately $2,153 annually, based on ThinkInsure customer quote data collected Jan 1, 2025 to Dec 31, 2025. This is marginally lower than the average car insurance in Ontario and other areas close by.
The city has some of the lowest rates compared to other large cities in the province. Even though London has a sizeable population (422,324 as of the 2021 census), the city doesn't have the high traffic volume and congestion of the GTA. There are fewer collisions and claims.
Average premium breakdown by timeframe for London residents
Here's a breakdown of how much you can expect to pay for different time periods:
- Annually: $2,153
- Semi-annually: $1,076.50
- Quarterly: $538.25
- Monthly: $179.41
- Weekly: $41.40
- Daily: $5.89
Current rate data is based on ThinkInsure quote submissions from January 1, 2025, to December 31, 2025.*** See our methodology.
How to compare London car insurance quotes
1
Driving details
Enter your vehicle and driving information.
2
Compare quotes
Instantly see quotes from multiple insurance companies.
3
Get insured
Choose the best rate and confirm your policy details with us.
Helping London drivers save on auto insurance!
Recent London car insurance quotes
Changes are coming to car insurance coverage in 2026
Notable changes are on the horizon for Ontario auto insurance in 2026, and drivers in London should take note. While insurance premiums are still expected to rise, upcoming provincial reforms aim to give motorists more flexibility and greater control over both their coverage selections and insurance costs.
- New optional benefits: Several accident benefits that were once automatic including income replacement, caregiver, and housekeeping benefits are becoming optional under new provincial reforms.
- What stays mandatory: Medical, rehabilitation, and attendant care benefits remain included on every Ontario policy.
- Renewals: Your policy automatically renews with the same coverage you have today unless you choose to opt out or change benefits.
- New policies: Optional benefits are not included by default as of July 1, 2026 so you'll need to add them to stay fully covered.
- Trade-off to consider: Opting out may lower your premium slightly, but it can mean losing access to significant financial protection if you're injured.
For the full breakdown of what's changing, who's covered, and how to decide what's right for you, see our Ontario auto insurance reforms guide.
Auto insurance rates in London compared to other cities in Southwestern Ontario
London typically has higher rates than other nearby cities. This generally has to do with the city being much larger and having more traffic.
However, when compared to other similar sized cities, rates are comparable. Premiums in London are only slightly higher than Windsor ($2,065) and Kitchener ($2,144). They are all within $100 annual premiums of each other.
| City | Average Annual Premium |
|---|---|
| St. Thomas | $2,005 |
| London | $2,153 |
| Chatham | $1,668 |
| Woodstock | $1,779 |
| Strathroy | $1,698 |
| Tillsonburg | $1,871 |
| Sarnia | $1,502 |
What postal code areas in London have the most affordable car insurance?
The area you reside in within a city can influence your insurance expenses. In London, your address could impact your premiums by over $700 annually.
The Fanshawe and Stoneybrook neighbourhoods (N5X) have the lowest premiums at $1,461 per year. London West (N6H) has the highest premium at $2,180.
Here is a breakdown of premiums by postal code:
| Area in the City of London | Postal Codes | Avg Premium |
|---|---|---|
| East London | N5W | $1,953 |
| Carling | N5Y | $1,927 |
| Fanshawe, Stoneybrook, Northcrest, Uplands | N5X | $1,461 |
| North London | N6A | $1,992 |
| Central London | N6B | $1,770 |
| South London | N6C | $1,983 |
| London West | N6H | $2,180 |
| Byron | N6K | $2,071 |
How have London auto insurance premiums changed year to year?
Car insurance rates have increased 2.52% in London from 2024-2025. Fluctuations in insurance rates occur frequently, as they are determined by insurers using collected data on claims, repair expenses, accidents, and various other factors.
Your driving history and eligibility for additional discounts also play a role in the changes observed. In the case of London, costs decreased during the pandemic but are on the rise once again.
| Year | Average annual premium |
|---|---|
| 2025 | $2,153 |
| 2024 | $2,100 |
| 2023 | $2,238 |
| 2022 | $1,924 |
| 2021 | $1,761 |
| 2020 | $2,143 |
| 2019 | $2,107 |
| Average rate (2019-25) | $2,060 |
Estimated premiums from 2019-2025.** See our methodology.
ThinkInsure Tip: Consider more than just the price for your auto policy
There's no question that price is important. However, you also need to consider the coverage and services you'll receive from your auto insurance company. Sometimes it makes sense to pay a little more to get additional protection.
Mandatory and optional car insurance in London
Ontario requires a minimum level of coverage, but most London drivers carry more than the provincial minimums and for good reason. Proper coverage protects you against the cost of accidents, theft, and claims.
Here is what your London car insurance policy must include and what you should consider adding.
Required minimum auto coverage
| Mandatory coverage | Included in all auto insurance policies | Policy limits |
|---|---|---|
| Third-party liability (TPL) | Covers liability claims against you from an at-fault accident. Basic plans have $200,000 in TPL coverage. | Coverage can be increased up to $2 million. |
| Accident benefits (AB) |
Covers the driver and passengers if injured in an accident, including costs above what OHIP covers. Includes medical, rehabilitation, attendant care, caregiver, funeral, disability income, death benefits, and income replacement. Limits apply and can be increased.
NOTE: As of July 1, 2026, several accident benefits become optional under the Ontario government's reforms outlined in the 2024 Ontario Budget. Medical, rehabilitation, and attendant care remain mandatory. Other benefits (including income replacement and caregiver benefits) become opt-in. See our Ontario auto insurance reforms guide for the full breakdown. |
Increase standard limits for both non-catastrophic ($130,000) and catastrophic ($2 million) injuries. |
| Uninsured motorist |
Also known as uninsured automobile coverage. It covers you if you are
injured by an uninsured driver or in a hit-and-run.
Standard coverage is $200,000. |
Additional coverage up to $1 million. |
Optional coverage to enhance your policy
| Optional insurance coverage | Coverage can be added to your policy | Recommended |
|---|---|---|
| Collision coverage | Protection if you are involved in an accident with another vehicle or an object (e.g., a tree, street sign, or light post). |
|
| Comprehensive coverage | This protects you from loss or damage from non-driving events. Coverage includes theft, vandalism, falling objects, and damage from the weather (wind, hail, flooding). |
|
| All perils | This combines collision and comprehensive. You have protection for all perils unless they are expressly excluded. | |
| Specified perils | Your policy protects all the perils listed. Anything listed is covered. This is more affordable than comprehensive while still providing most of the protection. | |
| Direct compensation property damage (DCPD) | DCPD covers damage for accidents when you are not at fault. It also covers loss of use. This is part of the no-fault system. As of January 1, 2024, drivers have the ability to opt out of this coverage using OPCF 49. |
|
| Emergency roadside assistance | Get roadside assistance when you need it. Many insurers offer this as part of their policy or as an add-on. Some services include towing, battery boost, flat tire, and more. |
Additional coverage options
| Endorsements | Coverage to customize your policy | Recommended |
|---|---|---|
| Agreed value of automobiles (OPCF 19A) | Insurers agree to pay a specific amount if your vehicle is a total loss. | |
| Transportation replacement (OPCF 20) | Covers rental car insurance and transportation if your vehicle was stolen or while getting repaired. |
|
| Rental car coverage (OPCF 27) | Coverage for when you drive vehicles that are not your own, such as a rental car. |
|
| Accident forgiveness (OPCF 39) | Protects your driving record after your first at-fault accident. Your first collision will not impact your premiums. |
|
| Waiver of depreciation (OPCF 43) | Insurers cannot deduct depreciation from your vehicle's value when making a claim. |
|
| Family protection (OPCF 44R) | Covers you or your family if you are injured, even if you're not in the car when the accident happens. |
|
| Agreement Not to Recover for Loss or Damage from an Automobile Collision (OPCF 49) | Removes DCPD coverage from your policy. |
Car insurance discounts available in London
Most London drivers qualify for multiple car insurance discounts. From bundling policies to safe-driving programs, insurers offer a wide range of discounts. Here are the most common discounts:
Winter tires
Install winter tires on your vehicle.
Save up to 5%
Multiple vehicles
Insure all your vehicles with the same insurer.
Save up to 10%
Private parking
Park in your private garage or driveway.
Save up to 8%
Usage based insurance
Get rewarded for your good driving habits.
Save up to 30%
Driver training
Complete an approved driver education program.
Save up to 10%
Electric or hybrid
Drive an eco-friendly vehicle and save more.
Save up to 10%
Find a lower rate for London car insurance
Do you want to save more on car insurance in London? Compare quotes for free from multiple providers in a couple of minutes.
Get Quotes
How do I get cheaper car insurance rates in London?
Saving on car insurance in London is a priority for you. In addition to working with us to get a quote, here are some effective ways London drivers can get lower car insurance:
- Keep a clean driving record
- Choose an insurance-friendly vehicle
- Increase your deductible
- Bundle car and home insurance
- Park in a garage
- Ask about discounts you may qualify for
- Use winter tires
- Check prices with multiple insurance companies
Why choose ThinkInsure for your car insurance in London?
We've served the Ontario insurance market for over 50 years.
RIBO licensed advisors to assist you with all your insurance needs.
Compare coverage and rates from our large selection of auto insurance providers.
Get exceptional customer service. We like happy customers and have a 4.7/5 Google rating.
London car insurance FAQs
Yes, London is cheaper than many other big cities in the province. It's also more expensive in some cases. London car insurance costs about $2,153 annually. This is about the same as the provincial average. However, rates can be higher or lower based on your specific situation. Compare car insurance quotes in London to see how much you can save.
They may increase, but they may not. Many factors affect London car insurance premiums, some of which you can control and others of which you cannot. Focus on the factors you can control to get the lowest rate. This includes the car you drive, your driving record, and diligently comparing quotes.
No. Paying off your car loan will not reduce your auto insurance rates in London. But when you own a vehicle outright, you have more options. This could reduce your premium.
You have access to a large selection of car insurance companies in London. Each insurer offers unique pricing, plans, and coverage. Therefore, it's important for you to find a company that offers a plan that meets your specific driving needs. This will be the best car insurance company for you.
ThinkInsure partners with the leading insurance companies in Canada. They include Aviva, CAA, Intact, Travelers, Wawanesa, Economical, Pembridge and so many more. You can get a quote from these providers anytime.
5 star auto insurance in London
KCAP KCAP
2026-05-07 14:46:38
★★★★★
Big shout out to Darryl for helping me out and turning a sour experience to a splendid one Shubham left me in the wind for a couple days even after I had a his team member reach out to him and left a voicemail . Called back the next day and Darrly handle everything on the spot so thank you Darryl
Zhiqing Xu
2026-04-30 20:06:56
★★★★★
Had a great experience with Sohel Rahman. The whole process is easy and clear without any unnecessary back and forth. Got the insurance exactly as I wanted in 1 day. Highly recommended!
Chris Arsenault
2026-04-21 20:09:51
★★★★★
Great experience with Todd Allen at ThinkInsure. Very professional and helpful. Thanks Todd!
Russell Turner
2026-04-21 14:26:53
★★★★★
Gabe was great and looked after my issue
Sandy Kerr
2026-04-19 13:47:28
★★★★★
I would like to recognize our Broker, Jeff Plesman to thank him for always providing us with outstanding and professional customer service. Thank you so much Jeff, we appreciate you. ;-)
Tony Sturino
2026-04-17 20:37:33
★★★★★
Gabe, as usual takes care of my demanding insurance issues, very professional, I like the way he calls to update me on any new features Thanks again
Anna Kacina
2026-04-16 15:29:05
★★★★★
Excellent service, great price
What factors affect car insurance costs in London?
The cost of car insurance premiums in London can be affected by many things. One of the biggest factors that can directly impact your rates is your location. Your vehicle, driving history, drivers on your policy, theft, fraud, and more also matter.
These factors contribute to insurance companies arriving at different premiums. They are based on specific algorithms they use to determine rates. Policy costs can vary significantly between insurers for the same quote information.
London auto insurance premiums by driver type
How much you pay for auto insurance is dependent on your driver classification. Factors like age, demographics, driver classification, and driving record are taken into account by insurance companies to set your premiums. To assess the influence of these factors on your payments, we analyzed our customer quote data. This is what we observed:
- Young drivers pay 38% more, while mature drivers pay 32% less than the median.
- Men pay more than women, and single people pay more than married couples.
- Getting a ticket or being in a collision will increase your rates by 15% or more.
| Premium | Monthly | Difference | |
|---|---|---|---|
| Driver type | |||
| Young drivers (25 and under) | $2,888 | $241 | 38.71% |
| Middle age (25 - 50) | $2,194 | $183 | 5.38% |
| Mature/senior drivers (50+) | $1,402 | $117 | -32.66% |
| Demographics | |||
| Male | $2,035 | $170 | -2.26% |
| Female | $1,905 | $159 | -8.50% |
| Married | $1,722 | $144 | -17.29% |
| Single | $2,139 | $178 | 2.74% |
| Driving record | |||
| 1 ticket within the past 3 years | $2,400 | $200 | 15.27% |
| 1 accident in 3 years | $3,169 | $264 | 52.21% |
| 1 cancellation in 3 years | $2,431 | $203 | 16.76% |
| 1 suspension in 3 years | $3,563 | $297 | 71.13% |
Current rate data is based on ThinkInsure quote submissions from January 1, 2025, to December 31, 2025.*** See our methodology.
Save on both vehicles with a multi-car insurance policy in London
Having more than one vehicle is increasingly common. Combining these vehicles under one policy will save you more money. On average, Londoners save $362 per vehicle when they add a second car to their policy.
| Average rate | Average rate per vehicle | Total savings | Savings per vehicle | |
|---|---|---|---|---|
| 1 car | $2,153 | $2,153 | ||
| 2 cars | $2,859 | $1,429 | $724 | $362 |
Current rate data is based on ThinkInsure quote submissions from January 1, 2025, to December 31, 2025.*** See our methodology.
London car insurance premiums by vehicle brand
Your car brand is a big factor to consider when comparing insurance premiums. Our consumer data shows premiums can fluctuate by more than $1,000 based on your car brand. Here are the rates by brand for Londoners:
| Vehicle brand | Premium | Monthly payment |
|---|---|---|
| All brands | $2,153 | $179 |
| Honda | $2,356 | $196 |
| Toyota | $1,890 | $158 |
| Ford | $1,776 | $148 |
| Hyundai | $2,564 | $214 |
| Kia | $2,549 | $212 |
| GMC | $1,610 | $134 |
| Chevrolet | $2,155 | $180 |
| RAM | $2,173 | $181 |
| Dodge | $2,173 | $181 |
| Jeep | $2,518 | $210 |
| Subaru | $2,734 | $228 |
| Mazda | $2,130 | $178 |
| Nissan | $1,891 | $158 |
| Volkswagen | $2,469 | $206 |
| Mercedes | $2,635 | $220 |
| BMW | $2,807 | $234 |
| Tesla | $2,308 | $192 |
| Audi | $3,247 | $271 |
Talk to an advisor about your London auto insurance needs
Our RIBO licensed advisors have got you covered for finding the best auto insurance rates and coverage. Get non-biased auto insurance advice, personalized coverage and the lowest rates with a London insurance broker.
Personalized coverage
Our advisors will ensure you have proper coverage for your unique driving needs.
Compare multiple quotes
We will instantly compare quotes and discounts from our large selection of insurance providers to find you the lowest rate. By comparing quotes, we help London drivers save an average of $453*.
Get your auto policy
Choose the provider that offers the best coverage and rate for your needs. We often can get you insured with a new automobile policy on the same day.
Speak with an advisor today!
Call us if you have complex coverage needs, need to renew today or want to insure multiple vehicles. We often can get you insured with a new automobile policy on the same day.
Get expert savings advice
As an insurance professional, one of my favourite tips for saving you money each month is bundling your home and auto insurance. You could see discounts of 20% or even more! Plus, it just makes life easier having everything with one company, it's a real win for you.
Felicia Owoyemi
Insurance Broker (RIBO)
Want to save on your auto policy? We can help!
Monday-Friday: 8am-6pm
Methodology and sources
Disclaimer:
- Estimated car insurance quote data is from London drivers who completed an online car insurance quote on ThinkInsure.ca.
- Drivers have a G licence, standard full coverage, $1 million liability limit, $1,000 comprehensive and collision deductible, and applicable discounts.
- Premiums can vary based on your driving and insurance history.
- All personal information related to estimated quotes has been kept strictly confidential.
* Based on the difference between the average lowest premium and the overall average premium in London for estimates completed from January 31, 2025, to January 31, 2026.
** Trend analysis uses ThinkInsure's historical quote submissions, broken down by year from 2019 to 2025.
*** Estimated premiums are based on quote submissions by London drivers on ThinkInsure.ca from January 1, 2025, to December 31, 2025.
Nolan Wilson
Content Marketing Manager
Nolan is a content marketing manager and writer at ThinkInsure. He has 15+ years of experience in the insurance industry, working with brokerages and direct insurers to create compelling insurance content, specializing in auto, home, and commercial.
Insurance Blog And News
Read our insurance blog to get helpful tips, information and news.
2026-06-02
What Is The Total Cost Of Owning A Car In Canada?
The cost of owning a car has surpassed $1,000 per month. Here’s how you can calculate how much it costs to own a car in 2026.
2026-05-29
Accident Forgiveness in Ontario
Accident forgiveness car insurance is increasingly common today, and it is a feature offered by many companies in Ontario. Here's what you need to know about before signing up, and how to qualify.
2026-05-05
Ontario’s auto insurance reforms: Everything you need to know
Big changes are coming with Ontario’s auto insurance reforms. Starting July 1, 2026, many accident benefits will become optional. Learn how these reforms may impact your automobile coverage.
2026-04-22
Comprehensive Insurance in Ontario
Learn about Comprehensive Insurance in Ontario. We’ll explain comprehensive insurance policies, how much it costs and when you need it. Get answers to common questions about this type of car insurance.
