Mississauga's best auto insurance rates

city of Mississauga skyline

Mississauga has some of the highest car insurance rates in Ontario averaging $2,602 per year. That is nearly $300 more than the Ontario provincial average

Rates increased 6.72% year-over-year due to rising claims costs, vehicle theft, repair expenses, and high traffic density on Highway 401 and across Peel Region.

The good news is that rates vary by insurer. So, comparing multiple quotes is the quickest way to find a cheaper rate. Rates vary significantly between providers based on your postal code, driving history, vehicle type, and coverage selections.

If your policy is set to renew soon, speak with one of our licensed advisors. ThinkInsure compares Mississauga car insurance quotes from leading Canadian providers to help drivers find the lowest rate available for their specific profile.

Quick insurance facts for Mississauga drivers

  • The average cost of car insurance in Mississauga in 2025 is $2,602 per year or approximately $217 per month.
  • Mississauga drivers pay, on average, almost $300 per year more than the provincial average.
  • Auto insurance premiums increased 6.72% in Mississauga from 2024 to 2025.
  • Residents living in postal code areas L5H and L5G have the most affordable premiums.
  • L4X and L4W postal codes have the most expensive premiums.
  • Mississauga has the third-highest rates in the GTA region.

Current rate data is based on ThinkInsure quote submissions from January 1, 2025, to December 31, 2025.*** See our methodology.