Mississauga Car Insurance: Compare Cheap Auto Insurance Quotes

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Car insurance in Mississauga has some of the highest rates in the province. There are millions of residents in the surrounding area and the busiest highways in Ontario. This means there is a greater risk of accidents and claims. Traffic, road construction, commuters, highway driving, and the common frequency of collisions all drive up the rates for insurance. It’s not ideal, but this is the reality of auto insurance in Mississauga.

Mississauga drivers want to save on their car insurance. We’re sure you feel the same. So, are you ready to find cheaper premiums? We're partners with Canada's leading insurance companies so you could save up to save up to 25% on your coverage with us. Get started by comparing quotes for Mississauga car insurance now. Let us help you find the right policy, and the right level of protection, at the best rate.

Keep reading to learn more about auto insurance in Mississauga and how you can save more on your next policy.

What you need to know about car insurance in Mississauga

The average cost of car insurance in Mississauga in 2024 is $2,586 annually.
Drivers pay about $800 more per year than the provincial average. Compare car insurance quotes in Mississauga to find the lowest rates.
Auto insurance premiums increased 6.3% in Mississauga last year for some drivers.

How to compare Mississauga car insurance quotes

Comparing quotes and saving is easy with ThinkInsure.

1) Start your quote

Provide us with some basic information.

2) Tell us about yourself and your vehicle

Tell us about your vehicle and driving habits.

3) Compare your quotes

See quotes from the top insurance companies.

Choose your policy

Choose the lowest rate. Confirm the details with our experts and get insured.

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5 star auto insurance in Mississauga

Rated 4.7 out of 5 stars in 1463 Google reviews

We help customers in Mississauga save on their auto insurance.

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Kevin St Clair

2024-11-28

Betsy was a genuine pleasure to deal with considering the circumstances. Thanks again for all your help

Anthony Gomez

2024-11-27

Today, I want to take a moment to recognize Monica Chan, an exceptional insurance broker who has consistently gone above and beyond in her service to me. Monica's dedication to punctuality and consideration has been truly remarkable. She has always been prompt in responding to my inquiries and has never hesitated to offer her expertise and guidance. With Monica as my broker, I have never once felt worried about anything going wrong. Her proactive approach and attention to detail have provided me with peace of mind, knowing that my insurance needs are well-taken care of. Throughout our interactions, Monica has been incredibly helpful, patiently explaining complex insurance concepts and ensuring that I fully understand my coverage options. I wholeheartedly recommend Monica Chan to anyone seeking an insurance broker who genuinely cares about their clients' best interests. Her commitment to excellence and her willingness to go the extra mile make her an invaluable asset in the insurance industry.

Phyllis Baker

2024-11-20

Absolutely amazing service the broker Todd worked on my quote fast I recommend this company to anyone very professional I’m so glad I called them .. Thank you for your great work

Charles Cameron

2024-11-15

Betsy Bannon has been nothing short of amazing at helping us through the complex process of acquiring business insurance. She quickly understood our needs and expertly guided us to the right solution. From start to finish, she made us feel like her most important client which gave us the confidence that we were in great hands. We highly recommend Betsy!

Jermaine M

2024-11-05

I had a great experience with Patrick Vuong. He went above and beyond to help me update last minute changes to my policy in order to qualify for a government grant. Staying back late and coming in early the next day to help finishes the changes. Very kind and professional!

Mark Gaffney

2024-11-05

Betsy Bannon is a professional extremely friendly and knowledgeable and made my experience wonderful! Highly recommend her for any insurance needs. Mark Gaffney

fabian ward

2024-11-04

Great service! Prompt and very helpful! Thanks to Todd allan for really helping me out!

Stephen Mcfadden

2024-11-01

Great experience working with Sohel Rahman, appreciate his honest and can-do attitude. Highly recommend!

About car insurance in Mississauga

Cars are parked in an outdoor parking lot in Mississauga

Car insurance in Mississauga operates under the same rules as all other cities in the province. It is a no-fault insurance system. All drivers must have a minimum amount of car insurance in Ontario.

Mandatory car insurance in Mississauga

Includes a minimum amount of coverage in all car insurance policies. You must have:

Third party liability: A minimum of $200,000 in coverage. This covers you in the event of a lawsuit from an at-fault accident.
Statutory accident benefits: Covers you if you are injured in a collision. This is for medical expenses not covered by OHIP.
Direct compensation property damage: Coverage for damage or loss of use of your vehicle if another driver is at fault. As of January 1, 2024, you can remove this coverage from your policy.
Uninsured automobile: Covers you if you’re injured or killed by an uninsured driver. You’re also protected if your car is damaged in a hit-and-run.

Optional car insurance in Mississauga

Drivers typically have more than the basic coverage. You can increase mandatory coverage limits and enhance your protection with additional coverage. You have the option to add:

Collision coverage: This covers damage to your vehicle if you are in an accident or hit a stationary object.
Comprehensive coverage: Get protection from damage caused by non-accident threats. This includes theft, vandalism, and falling objects.
All perils coverage: You have protection against all threats unless they are stated as exclusions in your policy.
Specified perils coverage: You are protected against the threats in your policy.

You can also increase your limits and include Insurance endorsements to personalize your plan. For example, you can add OPCF 49 to remove DCPD coverage. Learn more about your OPCF options to personalize your policy.

What are the best ways to find cheap car insurance in Mississauga?

There are a lot of ways you can save car insurance in Mississauga and get a cheaper rate. Here are some of the ways you get the most bang for your buck:

Be a diligent consumer: You can find ways to save if you shop around and explore your options. Rates, market conditions, and your driving needs change over time.
Pay upfront: You’ll save on your premiums and admin fees.
Safety first: Choose a vehicle with a strong safety rating as they generally have lower insurance rates.
Install winter tires: Save up to 5% with a winter tire discount
Telematics: Monitor your good driving habits with a telematics device and pay up to 30% less.
Combine: Insure all vehicles as well as your home and other policies with the same insurance company.
Don’t miss out on discounts: There are lots of discounts available to lower your rate. Ask your advisor what you qualify for and save more!

Recent Mississauga auto insurance quotes

2024/12/19

Shopper in MISSISSAUGA, ON
Vehicle: HYUNDAI ELANTRA PREFERRED 4DR 2023
Aviva Journey	$2,325
Aviva	$2,583
Travelers	$2,964
Wawanesa	$3,145
Savings from top 4 cheapest quotes	$820

2024/12/19

Shopper in MISSISSAUGA, ON
Vehicle: JEEP CHEROKEE TRAILHAWK 4DR 4WD 2016
Aviva Journey	$1,149
Aviva	$1,276
Wawanesa	$1,380
Pembridge	$1,450
Savings from top 4 cheapest quotes	$301

What is the average cost of Mississauga car insurance?

The average car insurance cost in Mississauga is $2,586 per year. This makes it one of the top 5 most expensive cities to buy insurance. The average Ontario driver pays about $1,737, so Mississauga drivers pay over $800 more per year for their auto insurance.

Annually: $2,586
Semi-annually: $1,293
Quarterly: $646.50
Monthly: $215.50
Weekly: $49.73
Daily: $7.08

Rates are based on ThinkInsure customer quote data for Q1 2024 (Jan 1 to March 15, 2024)

Mississauga car insurance premiums map

Mississauga auto insurance premiums are similar to Toronto car insurance and other GTA cities.

Average Mississuaga car insurance rate compared to other Ontario cities info graphic

Sources: *FSRAO
2023 ThinkInsure customer quote data. Drivers with a clean driving record and standard coverage

Mississauga car insurance rates from 2020-2024

The cost of insurance is a variable that undergoes regular modifications. These adjustments are based on insurers' analysis of data pertaining to claims, repair costs, accidents, and various other factors. Moreover, your driving record and potential qualification for discounts can also contribute to rate changes. As you can see below, rates have fluctuated over the past few years. Rates have remained consistent over the past 5 years:

Year	Average annual premium
2024	$ 2,586
2023	$ 2,432
2022	$ 2,447
2021	$ 2,551
2020	$ 2,659
Average rate (2019-24)	$ 2,535

Mississauga auto insurance premiums by driver type

Your auto insurance payments are influenced by your driver classification. Variables such as age, demographics, driver classification, and driving record are considered by insurers when determining your premiums. To examine the effect of these factors on your payments, we analyzed our customer quote data. Here is what we discovered:

Age is a big factor - young drivers pay much more than middle-aged and mature drivers.
Males pay more than females. Single people pay more than married.
A ticket or accident can increase your rates by more than 30%.

	Premium	Monthly	Difference
Driver type
All drivers	$2,242	$187	0
Young drivers (25 and under)	$3,209	$267	43.13%
Middle age (25 - 50)	$2,682	$224	19.63%
Mature/senior drivers (50+)	$1,969	$164	-12.18%
High risk drivers	$7,357	$613	228.14%
Demographics
Male	$2,294	$191	2.32%
Female	$2,116	$176	-5.62%
Married	$2,235	$186	-0.31%
Single	$2,317	$193	3.35%
Driving record
Clean driving record	$2,242	$187	0
1 ticket within the past 3 years	$2,315	$193	3.26%
1 accident in 3 years	$2,819	$235	25.74%
1 cancellation in 3 years	$2,783	$232	24.13%
1 suspension in 3 years	$2,968	$247	32.38%

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Auto insurance rates in Mississauga compared to local cities nearby

Compared to other cities in the region, Mississauga is middle of the road. See the comparison here:

City	Avg premium
Georgetown	$2,892
Brampton	$2,729
Etobicoke	$2,423
Toronto	$2,268
Mississauga	$2,242
Milton	2,184
Oakville	$2,106
Burlington	$2,002

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What areas in Mississauga have the cheapest car insurance?

Your location within a city can impact your insurance costs. In Mississauga, the disparity between postal codes could result in a difference of hundreds of dollars. If you have plans to relocate, this is an important factor to take into account.

As you can see below, those in L5H and L5G are the most affordable costs. L5W is the most expensive.

Area in City of Mississauga	Postal Codes	Avg Premium
Meadowvale	L5W	$2,572
Lorne Park	L5H	$1,923
Port Credit	L5H, L5G	$1,863
Cooksville	L5A, L5B	$2,351
Streetsville	L5M, L5N	$2,206
Erin Mills	L5K, L5L	$2,039
Hurontario	L5R	$2,320

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Mississauga car insurance premiums by vehicle brand

What do you drive? It’ll affect your premiums. Here’s a breakdown of insurance by vehicle brand:

Vehicle brand	Premium	Monthly payment
Honda	$2,318	$193
Toyota	$2,214	$185
Ford	$1,883	$157
Hyundai	$1,975	$165
Kia	$2,620	$218
Chevrolet	$2,408	$201
RAM	$1,803	$150
Dodge	$1,803	$150
Jeep	$1,830	$153
Subaru	$1,308	$109
Mazda	$2,479	$207
Nissan	$2,615	$218
Volkswagen	$1,478	$123
Mercedes	$2,757	$230
BMW	$2,336	$195
Tesla	$2,848	$237
Audi	$2,313	$193
Lexus	$2,446	$204

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Mississauga car insurance FAQs

Is it possible to get cheap auto insurance in Mississauga?

Yes, it is possible. ThinkInsure can help you get car insurance quotes from the leading insurance companies in Canada. Comparing rates from multiple providers will help you get the cheapest rate and save on your policy.

What factors impact Mississauga car insurance?

Mississauga car insurance premiums are calculated based on many factors and are different for each company. They also change frequently. Here are some things that impact your rate:

Your postal code
The year, make, and model of the car you drive and how much it is worth
How you use your vehicle (personal, commuting, or work)
How much you drive
Your age
Your driving experience
The amount of coverage and deductibles you choose
Your driving history
The number of collisions in your postal code
Claims costs are rising
Discounts you qualify for
FSRA approved rate changes

Since rates vary by company and change often it's important to compare quotes to make sure you are getting the best price.

When should you get a quote for car insurance in Mississauga?

Insurance companies are always changing their premiums. Checking rates often is a good way to see if you are paying too much for coverage in Mississauga. Be sure to get a quote each time your policy is up for renewal. This will help you to capitalize on savings each year.

About Mississauga and auto insurance

Driving in Mississauga can be hectic. There is dense traffic on major highways, busy intersections, Pearson Airport, and plenty of local attractions. This means anything can happen on roadways. As an insurance shopper, you need a policy that is affordable and offers the protection you need. Mississauga drivers can get this by comparing quotes from the top providers with ThinkInsure. Then you’ll have peace of mind knowing you have protection should you get into a crash or have vehicle issues.

Here is some important information to help you drive safely in the city:

Highways

401, 403, 409, 410, 427
QEW

Public transit

GO Transit
MiWay
Mississauga Transitway
Line 5 Eglington
Huronontario LRT (planned)

Toll roads

407 ETR

Ride-sharing

Uber
Lyft

Road trips

Prince Edward County
St. Jacobs Farmers Market
Stratford
Collingwood
Kawartha Lakes

Parking

Metered on-street parking
Green P
Impark
Private lots

Top attractions

Port Credit
Square One Shopping Centre
Lakefront Promenade Park
Jack Darling Memorial Park
Streetsville

Busiest intersections

Dundas and Hurontario
Stavebank and Lakeshore
Burnhamthorpe and Hurontario
Mavis and Rathburn
Grand Park Drive and Burnhamthorpe

Airports

Lester B. Pearson International Airport (YYZ)

Driving conditions and the need for good Mississauga car insurance

The city has its fair share of driving challenges. You can expect snowy roads in the winter, rainy days, and just about anything else. Drivers should be ready for anything and everything. It’s a reason why you need good car insurance in Mississauga. You never know when you’ll need the protection it offers.

100 mins

Avg. daily commute time

797 mm

Avg. annual rainfall

1,085 mm

Avg. annual Snowfall

146

Rainy days per year

Snow days per year

Mississauga traffic and stats that impact auto insurance

It's no secret that the city is a busy place. These driving stats help explain why auto insurance is more in Mississauga than in other cities:

Canada's 7th largest city: The city is the third-largest in the province and second-biggest in the GTA. It has a population of 717,961.
7 Major Highways: It is the only city in the GTA served by seven major highways. The main one is Highway 401 (by far the busiest highway in North America). There are also 403, 407 (the world's first all-electronic toll road), 409, 410, 427, and QEW.
Public transit use: There are over 25 million rides or uses of public transit.
Commuting : 336,000 people commute daily. Of those, over 240,000 drive. If you commute daily, reliable coverage is a must.
Collisions decreasing : There were 861 fatal and injury collisions in 2018. This is down from 880 in 2017, a 2.2% decrease. However, intersection collisions increased by 3.1% during this time. The total number for the Peel region was 6,488.
Vision zero : Mississauga and Peel region are part of the Vision Zero initiative. The goal is to improve road safety with the goal of zero fatal injuries.

Driving tips in Mississauga

We know you want to keep your car insurance rates down and drive safely as you travel around Mississauga. We have compiled a list of driving tips that are specific to the area:

Construction: Pay attention to construction news and avoid construction zones. The city sees its fair share of construction, especially on the major highways.
Commute: Consider adjusting the time you commute to and from work to avoid peak driving times. It is known for major road congestion, especially along Highway 401 near Pearson Airport. Use your GPS to drive the most efficient route.
Distractions: Never drive while distracted, especially on highways. It only takes a second for something to happen. Getting caught will cost you in the form of higher auto insurance rates.
Road conditions: Check conditions before you hit the road. Look for alternative routes to arrive at your destination.
Safety zones: Be aware of Community Safety Zones signs and reduce your speed.
HOV lanes: Carpool to help reduce the number of cars on the road. The fewer cars on the road, the quicker people can get to where they are going.

We've got the top car insurance companies in Mississauga

Choosing the right insurance company can make a difference. We help drivers quickly compare rates and coverage for Mississauga car insurance from the best companies. Trying to do it yourself is just too time-consuming. It can get complicated and overwhelming. Why go through the redundant process yourself when we will do it for you faster and increase your chances of getting the lowest rates?

We've got options for you from top insurers like CAA, Aviva, Intact, Travelers, and Wawanesa. Give us a call and we'll search to see who has the lowest price.

Start saving on Mississauga car insurance today

Comparing quotes is your best opportunity to find the cheapest rates. If it's renewal time you can lower your premium. We’ll help you check prices for Mississauga car insurance from the leading providers. Compare rates online or give us a call to save more.

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Sources

* Based on the difference between the average lowest premium and the overall average premium in Mississauga for estimates completed from January 1 to March 31, 2023, for drivers with a clean driving record.

** Estimated prices are based on data entered by drivers with a clean driving record living in Mississauga on ThinkInsure.ca.

*** Estimated premiums are based on data entered by individuals on ThinkInsure.ca from 2020-2023.

**** Estimated premiums are based on data entered by people on ThinkInsure.ca from January 1, 2021, to October 1, 2022.

***** Data from online quotes completed from April 2019 to April 2023.

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Cheapest Mississauga Car Insurance Quotes

Save $834* on Mississauga car insurance by comparing quotes to find a better rate!

Compare Mississauga car insurance quotes from the leading providers

Get Mississauga's best auto insurance rates

What you need to know about car insurance in Mississauga