Unlock savings on car insurance in London
Get affordable prices in Ontario’s manufacturing and technology hub.
Easy-to-use car insurance in London
As London grows and attracts more investment, the roads are busier than ever. Safeguard your travels, whether to the Museum of Ontario Archaeology or neighbouring areas like Ingersoll, St. Thomas, or Strathroy, with affordable car insurance that suits your driving needs. With the increasing number of vehicles, having the right coverage is crucial.
How much does car insurance in London cost?
The average cost of car insurance in London in mid-2023 was about $2,681 per year or $223.40 per month. It’s slightly more than the provincial average of $2,511 per year or $209.25 per month.
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London’s most affordable option for auto insurance
Getting affordable car insurance in London is essential when you’re trying to balance your budget. There are a few things you can do to find car insurance with the best rates:
Choose the right car
Insurers use the Canadian Loss Experience Automobile Rating (CLEAR) system to determine the likelihood of your car being involved in a claim, and how much it might cost. Choosing one with a lower CLEAR number can help you get the cheapest insurance possible.Adjust your coverage to reflect your needs
You can decrease the amount of coverage, increase your deductible, or remove optional endorsements to shave a little extra off your monthly cost. Remember though, you may pay more out of pocket when you make a claim, and you may have less protection when decreasing coverages.Bundle your home and auto insurance
Most providers will offer significantly discounted rates when you insure your home and car(s) with them.Take advantage of discounts
Most providers offer discounts for things like being claims-free, insuring multiple cars, and installing winter tires. Find one that puts the most money back in your pocket. See Onlia’s car insurance discounts.
Why London drivers should choose Onlia
When choosing an insurance company in the the Forest City, consider factors such as coverage options, affordability, reputation, customer service, specialized services, claims handling and available discounts.
Onlia makes buying and managing your insurance simple:
You can add or subtract your coverage as you see fit.
You have the freedom to make your own insurance decisions.
No paperwork or phone calls required to buy your manage your policy, saving you more time (and money)
Save $750* on car & home insurance
Bundle your car and home insurance policies with Onlia to save 20% on car and up to 30% on home coverage.
All the coverage you need, plus more
In order for you to drive in Ontario, you need the minimum coverage:
Third-party Liability: Protects you when you’re responsible for an auto accident in which someone else is injured, killed, or has their property damaged. Learn more about Third-party Liability coverage.
Accident Benefits: Covers certain aspects of injuries to you/your passengers because of an automobile accident.
Uninsured Automobile: If you're in a collision where the other driver is at-fault but doesn't have insurance, your insurance provider will cover the damage to your vehicle. Learn more about Uninsured Automobile coverage.
Along with all the mandatory coverage you need to legally drive in Ontario, you can round out your policy with extra protection.
Extra coverages can include:
Family Protection: If you or a family member is hurt in a collision caused by a driver who is underinsured, we'll cover the difference up to your coverage limit.
Increased Third Party Liability: Minimize risk by boosting your liability coverage limit from $1 million to $2 million.
Enhanced Rental Automobile Package: Our enhanced get-around guarantee gives you more options when it comes to rental cars if your vehicle is damaged in an accident.
Optional Accident Benefits Coverages: Standard Accident Benefits provide compensation if you, your passengers, or pedestrians are injured, as the result of an incident. You can increase this protection by adding more coverage.
Automobile Purchase/Leased Price Guarantee: In the event of an accident that damages your vehicle beyond repair, if you bought or leased your car new, we’ll pay to replace it with a new one that’s a similar make and model.
Permission to Carry Paying Passengers: This allows you to accept compensation for giving colleagues a ride to and from your workplace.
Factors affecting auto insurance rates in London
Car insurance in London is based on several factors.
These include the type of vehicle you drive, your age, your gender, years of experience driving, annual distance driven, at-fault collisions, postal code, coverage options, deductible and the number of drivers on the policy.
What affects your car insurance premium
Type of vehicle
Age, gender and years of driving experience
Typical distance driven each year
Driving history and previous at-fault collisions
Postal code
The coverage options you choose
The deductible you choose
Number of drivers on the policy
What doesn’t affect your insurance premium
Your credit history, including past bankruptcies
Your employment status
How long you’ve been at your current address
Whether you lease or own your car
Accidents where you were not at fault
Periods where you did not have car insurance (depending on your province)
The colour of your car — we don’t even ask
Choosing the right insurance for London driving
When selecting car insurance for driving in London, consider the following:
Adequate coverage: ensure the policy provides sufficient coverage for your needs, including liability, collision, and comprehensive coverage. London's busy roads may pose higher risks, so comprehensive coverage can be beneficial.
Accident forgiveness: look for insurance companies that offer accident forgiveness programs. Onlia has this feature to prevent your rates from increasing after your first at-fault accident.
Uninsured/underinsured motorist coverage: due to the high number of vehicles on London roads, there's a possibility of encountering uninsured or underinsured drivers. Having this coverage protects you in case of accidents involving such drivers.
Enhanced liability coverage: considering London's dense urban environment, higher liability coverage limits can provide extra protection in case of severe accidents.
Discounts and bundling: Onlia’s discounts are applied automatically and they range from small discounts on things like winter tires to bigger discounts when you bundle your car and home insurance.
Local expertise: Onlia is only available in Ontario so we’re experts on what’s local and we understand the unique driving conditions in London.
Discounts on London car insurance
Since car insurance is mandatory in London and across Ontario for all drivers, finding the best price for that insurance is ideal. While you don’t control how much the necessities in life cost, you can have a say in how much you pay for car insurance. That’s why Onlia is a good choice. We help relieve some of the pressure by offering discounts on car insurance.
Bundle Car & Home
What you can save: Up to 30% off home insurance, up to 20% off car.
How you can save: Insure your home and car with Onlia.
Multi-Car
What you can save: 20% off per car.
How you can save: Insure two or more cars on the same Onlia account.
Retiree
What you can save: 5% off accident benefits coverage.
How you can save: Be retired and maintain a good driving record.
Conviction-Free
What you can save: 25%
How you can save: Have zero convictions over a three-year period.
New Car
What you can save: 10%
How you can save: Insure a car from 2020 or above.
Winter Tires
What you can save: 2%
How you can save: Have winter tires installed.
Conviction-Free
What you can save: 10% off your first year when you graduate to a new licence level.
How you can save: Have your G2 or G licence and a good driving & insurance history.
Renewal Loyalty
What you can save: 5%
How you can save: Be an Onlia customer for 3 or more years.
What Onlia's affordable car insurance covers
Onlia has coverage to suit all London residents, whether you’re a professional commuting to the downtown core, or a student making your way to Western.
Our coverage covers your bases — everything that’s required to drive in Ontario comes standard in our car insurance policies.
*Mandatory coverage
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Provides medical, rehab and funeral costs to you, your passengers and anyone else injured in a collision.
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Covers your legal liability, even if you’re partially at fault for an accident.
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Protects you on multiple fronts, like if you collide with an uninsured driver, or are a victim of a hit-and-run.
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Helps pay to repair your car when you're deemed not at fault in a collision.
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Helps repair or replace your car in the event you collide with another car or object.
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Includes coverage for damage or loss due to fire, theft, vandalism, and more.
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You’ll have access to a rental car while yours is being repaired or replaced.
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If you or a family member is hurt in a collision caused by a driver who is underinsured, we'll cover the difference up to your policy limit.
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Your premium won’t increase over a minor conviction.
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Your premium won’t increase after your first at-fault accident.
What to know when choosing car insurance in London
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Car insurance quotes are calculated based on a number of factors, including where you live, the type of car you drive, your own driving history, and other drivers in your household. Insurance providers place importance on different variables, which may explain why your prices vary across companies.
Learn more about how your premium is calculated on our blog.
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To drive in Ontario, you must have these minimum coverages:
Third-party Liability: Protects you when you’re responsible for an auto accident in which someone else is injured, killed, or has their property damaged. Learn more about Third Party Liability coverage.
Accident Benefits: Covers certain aspects of injuries to you/your passengers because of an automobile accident.
Direct Compensation – Property Damage (DCPD): Covers damage to your vehicle when you’re in an accident that’s not your fault.
Uninsured Automobile: If you're in a collision where the other driver is at-fault but doesn't have insurance, your insurance provider will cover the damage to your vehicle. Learn more about Uninsured Automobile coverage.
Explore mandatory and optional car insurance coverages on our blog.
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To find affordable car insurance in London, choose a car with a lower CLEAR number, adjust coverage as needed, or bundle home and auto insurance.
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Car insurance in London is an average of $2,681 per year, whereas the average yearly premium for the closest community of Windsor is $2,480.
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Yes! Comprehensive coverage cost around $100 to $300 per year and covers damage to your car not caused by a collision, including theft and fire.
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