Toronto 
RATESDOTCA says drivers from North York and Scarborough paid the highest car insurance prices in 2021.
The insurance comparison agency found that drivers from Toronto Centre, University-Rosedale, and Spadina-Fort York have the least insurance rates and they paid $1,126 less than those from North York and Scarborough.
Though the average insurance rates are across the city are below the insurance rates in Vaughan, Ajax, Richmond Hill, Brampton, Mississauga, or Pickering, many Torontonians paid more than the provincial average rate of $1,555.
RATESDOTCA says the average car insurance premium for the year 2021 Toronto declined by 11.3% from 2020 as drivers stayed off the roads due to multiple lockdowns. The average annual premium for Toronto was $1,952 in 2021.
TORONTO POSTAL CODES WITH THE MOST EXPENSIVE AUTO INSURANCE RATES
RATESDOTCA
Neighbourhoods in Scarborough and North York top the list with the highest car insurance prices.
| Wards | Postal code | Borough | Estimated 2021 premium |
|---|---|---|---|
| Humber River-Black Creek | M3N, M9M | North York | $2,746 |
| Humber River-Black Creek/ York Centre/York South-Weston | M3L, M3J, M9N | North York | $2,685 |
| Scarborough North/Scarborough-Rouge Park/Scarborough Centre/Scarborough-Guildwood/ Scarborough Southwest | M1B, M1J, M1K | Scarborough | $2,562 |
| Scarborough Centre/ Scarborough Southwest | M1R, M1L | Scarborough | $2,536 |
| Don Valley East/Beaches-East York | M4A | North York | $2,534 |
| Etobicoke North | M9V, M9W | Etobicoke | $2,405 |
| Scarborough-Guildwood | M1G | Scarborough | $2,297 |
| York South-Weston/ York Centre/Davenport/Eglinton-Lawrence | M6N, M3H, M6M, M6E | York/North York | $2,238 |
| Etobicoke-Lakeshore/Etobicoke Centre | M9C | Etobicoke | $2,227 |
TORONTO POSTAL CODES WITH THE CHEAPEST AUTO INSURANCE RATES
Wards in downtown Toronto and central and southern Etobicoke have the lowest premiums. RATESDOTCA says insurance rates in the downtown core are much lower than in the suburbs due to less car dependency.
RATESDOTCA
In 2021, Toronto neighbourhoods with the cheapest rates saw an average reduction of 19.8% in their premiums over the last 12 months.
Rates.ca
The insurance marketplace compared and estimated car insurance paid by a 35-year-old driver of a 2018 Honda Civic with a clean driving record to arrive at the list.
If you are interested in knowing the premiums in your neighbourhood, RATESDOTCA has an Auto Insuramap which is an interactive online map that lets you search for the estimated auto insurance rate in a city or neighbourhood by postal code.
