Richmond Hill Car Insurance: Get Cheap Auto Insurance Quotes

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Save up to $585* with cheap rates for car insurance in Richmond Hill.

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Find a better rate for car insurance in Richmond Hill

Are you tired of expensive auto insurance in Richmond Hill? You should be. But it is something you must manage when you live in the GTA. Even though car insurance rates are expensive for Richmond Hill drivers, you can still save money.

With ThinkInsure, you can compare quotes from the top insurance companies in Canada to find the best rates and coverage. It's quick and easy to save on auto insurance in Richmond Hill. Start by comparing quotes online, or call us; a licensed broker will gladly assist you.

Top insights about car insurance in Richmond Hill

Car insurance rates are about $700 more per year compared to the provincial average. So, finding ways to reduce your premiums is a must.
Richmond Hill car insurance rates are similar to other surrounding cities in the GTA.
Using a broker is the best way to shop, compare, and find the lowest rates.

How to compare auto insurance quotes in Richmond Hill

Follow these easy steps to compare quotes and save more!

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5 star Richmond Hill car insurance

Rated 4.7 out of 5 stars in 1463 Google reviews

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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!

How does car insurance work in Richmond Hill?

Car insurance works the same in Richmond Hill as it does throughout the province. Car insurance in Ontario is mandatory, and all drivers must carry a minimum amount of coverage. You can take out extra coverage to increase your plan limits.

You can buy coverage from private insurance companies directly or through a broker. Your options vary based on the insurer. Coverage is divided into mandatory and optional:

Mandatory car insurance in Richmond Hill

This is included in all policies:

Third party liability: $200,000 in coverage is the minimum requirement, but most drivers have between $1 and $2 million in protection.
Statutory accident benefits: You receive medical benefits if you or your passengers are hurt in a collision.
Uninsured automobile coverage: Receive medical coverage and vehicle repair costs if an uninsured motorist hits you.

Most drivers have more and personalize their plans to meet their specific driving requirements.

Direct compensation property damage covers accident damage when you are not at fault. Starting January 1, 2024, DCPD will no longer be mandatory. You can opt out of this coverage using OPCF 49.

Optional auto insurance in Richmond Hill

You can add this to enhance your plan:

Collision insurance: Your vehicle is protected if you are in a crash. This covers repair costs.
Comprehensive insurance: Protect your vehicle against non-accident related perils such as falling objects, theft, and vandalism.
Specified perils insurance: Covers loss for perils listed in your plan, including fire, theft, weather damage, etc.
All perils insurance: Protects you against all perils unless they are listed as an exclusion in your plan.

Personalize your policy with insurance endorsements. This allows you to enhance and alter your policy. Speak with our brokers about your options.

How much is car insurance in Richmond Hill?

Our customer quote data shows that average auto insurance premiums in Richmond Hill are about $2,441 annually. You can expect to pay approximately $200 per month or about $50 weekly. This is higher than the provincial average but in alignment with other cities in the GTA. Your rates will vary based on your city location, driving record, and other considerations.

Richmond Hill Car insurance rates from 2022-2023

Insurance rates change annually. They go up and down. Based on our recent customer quote data, premiums in Richmond Hill have increased by about $200 from 2022 to 2023. Here’s an overview of how rates have changed in Richmond Hill over the past couple of years:

Year	Average annual premium
2023	$ 2,441
2022	$ 2,215
Average rate (2019-23)	$ 2,328

Auto insurance rates in Richmond Hill compared to local cities nearby

Richmond Hill has higher than average car insurance premiums compared to the provincial average. However, rates are similar to other cities in the GTA. Here’s an overview of how costs compare by city:

City	Avg premium
Markham	$ 1,965
Richmond Hill	$ 2,441
Toronto	$ 2,262
Ajax	$ 2,217
Oshawa	$ 1,874
Pickering	$ 2,018
Newmarket	$ 2,417
Uxbridge	$ 1,587

***

Why are Richmond Hill auto insurance rates so high?

Richmond Hill auto insurance rates are higher than drivers would like. Many factors contribute to the higher-than-average premiums in the area:

Higher traffic volume
More accidents
Fraud
Increased risk to drivers
The younger population of residents

Tips to get cheap car insurance in Richmond Hill

We all want to save as much as possible on our auto policy. Don’t you? Here are some ways to get cheaper car insurance in Richmond Hill:

Knowledge: The more drivers know about how insurance works, the more they can save.
Check for discounts: Understanding the variety of discounts offered by insurers and how coverage amounts affect premiums will help you save more.
Advisors: Use an advisor to help you assess your options. We have access to rates and policies from top insurance companies in the industry.
Compare: Checking car insurance quotes from multiple companies is the best way to ensure you get the lowest price.
Review annually: Review your policy and insurance needs annually. Make sure you have proper coverage. It’s also a good time to see if you are getting a good price.

Latest Richmond Hill car insurance quotes

2024/12/17

Shopper in RICHMOND HILL, ON
Vehicle: HYUNDAI PALISADE ULTIMATE V6 4DR AWD 2020
Aviva Journey	$2,278
Aviva	$2,528
Wawanesa	$2,749
Intact	$2,916
Savings from top 4 cheapest quotes	$638

2024/12/04

Shopper in RICHMOND HILL, ON
Vehicle: LEXUS NX300 4DR AWD 2018
Pembridge	$1,821
Aviva Journey	$1,865
Aviva	$2,071
Travelers	$2,189
Savings from top 4 cheapest quotes	$368

Richmond Hill driving tips

Richmond Hill cityscape around city center

Where you drive matters. Highways surround the city. This commonly creates traffic, accidents, and other delays. Drivers can take Highway 7 and Highway 401 to travel east to west or take Highway 404/DVP to drive into downtown Toronto. Drivers also have easy access to the Highway 407 ETR toll route. The area is made up of several diverse neighbourhoods – Oak Ridges, Mill Pond, Yonge Street, Bayview Hill, East Beaver Creek, and Jefferson. Here are tips to drive safely:

Invest in a 407 ETR transponder: If you drive on the highway often, you may want to invest in a 407 ETR transponder. Using the 407 will save you time and help you avoid traffic.
Highway options for commuters: The city has an excellent road system. Use Highway 7 or Highway 404 to make your way across town quickly. Use Leslie Street, Major Mackenzie, Yonge Bathurst, or one of many other options if the 404 or Highway 7 is backed up.
Drive safe on Highway 7: As a major route for travelling east/west in the city, expect high traffic volume and more collisions. Drive safe!
Get winter tires: Even though it’s only 30 minutes from downtown Toronto, the city gets significantly more snow. Get winter tires and drive safely on Highway 404 and other major routes during the winter.
Intersections with high collisions: Yonge Street and Carrville Road have the highest accident frequency. Other intersections with higher collisions include Major MacKenzie Drive East and Bayview Avenue, Yonge Street, and Elgin Mills Road, and Highway 7 and Leslie Street. Drive safe in these areas.

Richmond Hill car insurance FAQs

How can I lower my car insurance rates in Richmond Hill?

Even though car insurance rates in Richmond Hill are higher than average, there is a silver lining. There are many avenues to explore to lower your rates. For starters, getting a quote each time your policy is up for renewal is important. This allows you to assess your coverage, and get advice from your advisor. It also gives you the opportunity to look for new discounts and additional ways to save.

What is the best insurance company for car insurance in Richmond Hill?

There isn’t a specific insurer that has the best car insurance in Richmond Hill. The insurer you select depends on your coverage needs, the plan type, and the formula they use to determine rates. Therefore, it’s important to compare with multiple providers to see what they offer. Choose the company that has the best coverage and price that makes sense for you.

When should I shop for Richmond Hill auto insurance?

It’s a good idea for Richmond Hill drivers to shop for auto insurance quotes at least once per year. It’s ideal to compare when your policy is coming up for renewal. This allows you to see what your current insurer has to offer and compare this to coverage from other providers.

Ready to save on Richmond Hill auto insurance?

We know you don’t have countless hours to dedicate to getting quotes for auto insurance in Richmond Hill. You want a simple solution that will help you get the lowest price. At ThinkInsure, we can help check rates from the top providers in just a couple of minutes.

Compare online any time through our website. Simply fill out your information and we will handle the rest. Or, if you prefer to speak with our experts directly, call toll-free 1-855-550-5515.

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Sources

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

** Estimated premiums are based on data entered by individuals on ThinkInsure.ca from 2019-2023.

*** Estimated prices are based on data from January 1, 2023, to December 31, 2023, by drivers with a clean driving record living in Richmond Hill on ThinkInsure.ca.

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Compare Richmond Hill Car Insurance Quotes

Save up to $585* with cheap rates for car insurance in Richmond Hill.

Compare Richmond Hill car insurance quotes from the leading providers

Find a better rate for car insurance in Richmond Hill

Top insights about car insurance in Richmond Hill