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Things to Know Before Getting Hamilton Car Insurance
Before getting car insurance in Hamilton, there are a few things you should know:
- Minimum insurance requirements: In Ontario, you are required to have a minimum of $200,000 in third-party liability coverage. This coverage protects you if you are found to be at fault for an accident that causes injury or damage to someone else’s property.
- Additional coverage: While the minimum coverage is mandatory, you may want to consider additional coverage options such as collision coverage, comprehensive coverage, or accident benefits coverage. These options can provide added protection in the event of an accident, theft, or other incidents.
- Discounts: There are various discounts available that can help you save money on your car insurance. For example, if you have a clean driving record, you may be eligible for a safe driver discount. Other discounts may be available for things like bundling your home and car insurance policies or insuring multiple vehicles with the same provider.
- Shop around: It’s a good idea to shop around and compare quotes from multiple insurance providers before choosing a policy. Rates can vary significantly between insurers, so taking the time to compare options can help you find the best deal.
- Local factors: Hamilton has a high number of drivers on the road, particularly during rush hour, so it’s important to be aware of your surroundings and practice defensive driving. The city also experiences severe weather conditions during the winter months, so you may want to consider additional coverage options for winter driving.
What is the Average Car Insurance Rate in Hamilton
The average car insurance rate in Hamilton is around $1,926 per year.
Here’s a table showing the estimated monthly car insurance costs range for different driver profiles in Hamilton:
Please note that these are estimated costs and can vary based on various factors such as the driver’s age, driving history, and the insurance provider’s policies.
| Driver Profile | Liability Only | Liability + Collision | Full Coverage |
|---|---|---|---|
| G1 Driver | $180 – $230 | $230 – $280 | $280 – $330 |
| G2 Driver | $150 – $200 | $200 – $250 | $250 – $300 |
| G | $140 – $190 | $190 – $240 | $240 – $290 |
| Teenage Driver | $400 – $550 | $550 – $700 | $700 – $850 |
| Young Driver | $225 – $275 | $275 – $325 | $325 – $375 |
| High-risk Driver | $325 – $425 | $425 – $525 | $525 – $625 |
| Occasional driver | $80 – $130 | $130 – $180 | $180 – $230 |
| Pleasure driver | $75 – $125 | $125 – $175 | $175 – $225 |
| Commuting driver | $130 – $180 | $180 – $230 | $230 – $280 |
| Good driver | $90 – $140 | $140 – $190 | $190 – $240 |
| Bad driver | $350 – $450 | $450 – $550 | $550 – $650 |
| New Driver | $225 – $275 | $275 – $325 | $325 – $375 |
| Secondary Driver | $80 – $130 | $130 – $180 | $180 – $230 |
| 17 Years Old | $400 – $550 | $550 – $700 | $700 – $850 |
| Seniors | $110 – $160 | $160 – $210 | $210 – $260 |
| Over 55 Years Old | $85 – $135 | $135 – $185 | $185 – $235 |
| Students | $175 – $225 | $225 – $275 | $275 – $325 |
| International Driver | $325 – $425 | $425 – $525 | $525 – $625 |
| Newcomers | $375 – $475 | $475 – $575 | $575 – $675 |
| Men Driver | $140 – $190 | $190 – $240 | $240 – $290 |
| Women Driver | $130 – $180 | $180 – $230 | $230 – $280 |
| Married Couples | $130 – $180 | $180 – $230 | $230 – $280 |
| Usage-Based | $85 – $135 | $135 – $185 | $185 – $235 |
| Uber/Lyft | $150 – $200 | $200 – $250 | $250 – $300 |
| Personal use | $110 – $160 | $160 – $210 | $210 – $260 |
| Business use | $160 – $210 | $210 – $260 | $260 – $310 |
| Commercial use | $250 – $350 | $350 – $450 | $450 – $550 |
Here’s a table showing the estimated monthly car insurance costs range for different types of cars in Hamilton:
| Car Type | Liability Only | Liability + Collision | Full Coverage |
|---|---|---|---|
| Sedan | $100 – $150 | $150 – $200 | $200 – $250 |
| Convertible | $180 – $230 | $230 – $280 | $280 – $330 |
| Hatchback | $90 – $140 | $140 – $190 | $190 – $240 |
| Wagon | $100 – $150 | $150 – $200 | $200 – $250 |
| Coupe | $140 – $190 | $190 – $240 | $240 – $290 |
| SUV | $130 – $180 | $180 – $230 | $230 – $280 |
| Truck | $100 – $150 | $150 – $200 | $200 – $250 |
| Minivans | $120 – $170 | $170 – $220 | $220 – $270 |
| Van | $120 – $170 | $170 – $220 | $220 – $270 |
| Electric Car | $140 – $190 | $190 – $240 | $240 – $290 |
| Hybrid Car | $130 – $180 | $180 – $230 | $230 – $280 |
| Multi Car | $130 – $180 | $180 – $230 | $230 – $280 |
| Exotic Car | $500 – $600 | $600 – $700 | $700 – $800 |
| Luxury Car | $350 – $450 | $450 – $550 | $550 – $650 |
| Classic Car | $120 – $170 | $170 – $220 | $220 – $270 |
| Vintage car | $120 – $170 | $170 – $220 | $220 – $270 |
| Sports Car | $350 – $450 | $450 – $550 | $550 – $650 |
| Leased cars | $140 – $190 | $190 – $240 | $240 – $290 |
| 2 Door | $140 – $190 | $190 – $240 | $240 – $290 |
Here’s a table showing the estimated monthly car insurance costs range in Hamilton for a driver profile of age 35, married, based on the driving history:
| Driving History | Liability Only | Liability + Collision | Full Coverage |
|---|---|---|---|
| 1 one at-fault accident | $180 – $230 | $230 – $280 | $280 – $330 |
| 2 one at-fault accident | $350 – $450 | $450 – $550 | $550 – $650 |
| 1 non-fault accident | $100 – $150 | $150 – $200 | $200 – $250 |
| DUI conviction | $350 – $450 | $450 – $550 | $550 – $650 |
| 1 Speeding Ticket | $100 – $150 | $150 – $200 | $200 – $250 |
| 2 Speeding Tickets | $180 – $230 | $230 – $280 | $280 – $330 |
How Does Hamilton’s Average Car Insurance Cost Compare to Other Cities?
Here’s a comparison of Hamilton’s average car insurance rate to that of other cities in Ontario:
- Toronto: $2,500 per year
- Brampton: $2,600 per year
- Mississauga: $1,900 per year
- Vaughan: $1,900 per year
- Markham: $1,700 per year
- Hamilton: $1,926 per year
- London: $1,700 per year
- Windsor: $1,600 per year
- Ottawa: $1,400 per year
- Kingston: $1,300 per year
Which Cars Have the Cheapest Car Insurance in Hamilton?
In general, these are some cars that tend to have lower insurance rates in Hamilton:
- Honda Civic – average rate: $1,300 per year
- Toyota Corolla – average rate: $1,400 per year
- Mazda3 – average rate: $1,500 per year
- Ford Focus – average rate: $1,600 per year
- Hyundai Elantra – average rate: $1,700 per year
How to Get the Cheapest Car Insurance in Hamilton?
If you’re looking for ways to save on car insurance in Hamilton, here are some tips:
- Shop around and compare quotes from multiple providers: Prices can vary significantly between insurance providers, so it’s a good idea to get quotes from several companies to find the best deal.
- Bundle your policies: If you have multiple insurance policies (e.g. home and auto), some providers may offer discounts if you bundle them together.
- Increase your deductible: Your deductible is the amount you pay out of pocket before your insurance kicks in. By increasing your deductible, you can lower your premiums. However, make sure you choose a deductible that you can afford to pay if you do get in an accident.
- Maintain a good driving record: Insurance companies typically offer lower rates to drivers with clean driving records. Avoid getting tickets and accidents, and consider taking a defensive driving course to improve your skills.
- Choose a car with lower insurance rates: Some cars are more expensive to insure than others. Before buying a new car, research its insurance rates to make sure it fits your budget.
- Ask about available discounts: Many insurance providers offer discounts for things like safety features, low mileage, and good grades (if you’re a student). Ask your provider about any discounts you may be eligible for.
Hamilton Car Insurance Facts
Hamilton is a mid-sized city in Ontario, Canada, with a population of over 500,000 people. The city has a well-connected transportation network, with highways and public transit options. When it comes to car insurance, there are a few things to keep in mind:
- Ontario has a no-fault insurance system, which means that each driver’s insurance company is responsible for covering their own costs, regardless of who caused the accident.
- Car insurance rates in Hamilton can vary widely depending on several factors, including the make and model of the car, the driver’s age and driving record, and the coverage options selected.
- Drivers in Hamilton must carry a minimum amount of liability insurance coverage, which includes $200,000 in third-party liability coverage, $50,000 in medical payments coverage, and $25,000 in uninsured automobile coverage.
- Hamilton drivers can choose to purchase additional coverage options, such as collision and comprehensive coverage, which can provide additional protection in the event of an accident or other covered incident.
- Drivers in Hamilton should shop around and compare quotes from multiple insurance providers to ensure they are getting the best possible rates and coverage options.
- It’s important to review your car insurance policy regularly and make any necessary updates to ensure you have the right coverage for your needs.
- Good driving habits, such as obeying traffic laws and avoiding accidents, can help keep insurance rates low over time.
Top 10 List of Best Car Insurance Companies in Hamilton
Here are some of the best car insurance companies in Hamilton, along with their company description, reviews, and star ratings from various sources on the internet:
- State Farm Insurance: State Farm is a popular car insurance company that has been in business for over 100 years. They offer a range of insurance products, including car insurance, and are known for their exceptional customer service. State Farm has an A+ rating from the Better Business Bureau (BBB), with an average customer rating of 4.5 stars on Google.
- Allstate Insurance: Allstate is another well-known car insurance company that offers a variety of insurance products, including car insurance. They are known for their accident forgiveness program and safe driving bonus program. Allstate has an A+ rating from the BBB, with an average customer rating of 4.4 stars on Google.
- Desjardins Insurance: Desjardins is a Canadian car insurance company that has been in business for over 70 years. They offer a range of insurance products, including car insurance, and are known for their competitive rates and excellent customer service. Desjardins has an A+ rating from the BBB, with an average customer rating of 4.6 stars on Google.
- Belairdirect: Belairdirect is a Canadian car insurance company that offers a range of insurance products, including car insurance. They are known for their customizable insurance policies and user-friendly online platform. Belairdirect has an A+ rating from the BBB, with an average customer rating of 4.3 stars on Google.
- Intact Insurance: Intact is a Canadian car insurance company that has been in business for over 200 years. They offer a range of insurance products, including car insurance, and are known for their comprehensive coverage options. Intact has an A+ rating from the BBB, with an average customer rating of 4.3 stars on Google.
- Co-operators Insurance: Co-operators is a Canadian car insurance company that offers a range of insurance products, including car insurance. They are known for their commitment to sustainability and social responsibility, as well as their excellent customer service. Co-operators has an A+ rating from the BBB, with an average customer rating of 4.5 stars on Google.
- TD Insurance: TD Insurance is a Canadian car insurance company that offers a range of insurance products, including car insurance. They are known for their competitive rates and excellent customer service, as well as their user-friendly online platform. TD Insurance has an A+ rating from the BBB, with an average customer rating of 4.1 stars on Google.
- Aviva Insurance: Aviva is a Canadian car insurance company that offers a range of insurance products, including car insurance. They are known for their customizable insurance policies and their commitment to customer satisfaction. Aviva has an A+ rating from the BBB, with an average customer rating of 4.2 stars on Google.
- Economical Insurance: Economical is a Canadian car insurance company that has been in business for over 145 years. They offer a range of insurance products, including car insurance, and are known for their comprehensive coverage options and competitive rates. Economical has an A+ rating from the BBB, with an average customer rating of 3.9 stars on Google.
- Johnson Insurance: Johnson Insurance is a Canadian car insurance company that offers a range of insurance products, including car insurance. They are known for their excellent customer service and their commitment to helping customers find the right coverage for their needs. Johnson Insurance has an A+ rating from the BBB, with an average customer rating of 4.2 stars on Google.
Top 10 List of Best Car Insurance Brokers in Hamilton
Here are some of the best independent car insurance brokers in Hamilton, along with their company description, reviews, and star ratings from various sources on the internet:
- Oracle RMS Insurance Brokers: Oracle RMS is an independent insurance broker that offers a range of insurance products, including car insurance. They are known for their personalized service and commitment to finding the right coverage for their clients’ needs. Oracle RMS has a 5-star rating from Google reviews.
- Bryson Insurance: Bryson Insurance is an independent insurance broker that has been in business for over 50 years. They offer a range of insurance products, including car insurance, and are known for their excellent customer service and competitive rates. Bryson Insurance has a 5-star rating from Google reviews.
- Duliban Insurance Brokers: Duliban Insurance Brokers is an independent insurance broker that offers a range of insurance products, including car insurance. They are known for their knowledgeable staff and commitment to customer satisfaction. Duliban Insurance Brokers has a 4.9-star rating from Google reviews.
- May-McConville Insurance Brokers: May-McConville is an independent insurance broker that has been in business for over 50 years. They offer a range of insurance products, including car insurance, and are known for their personalized service and competitive rates. May-McConville has a 4.9-star rating from Google reviews.
- Sharp Insurance: Sharp Insurance is an independent insurance broker that offers a range of insurance products, including car insurance. They are known for their user-friendly online platform and commitment to customer satisfaction. Sharp Insurance has a 4.8-star rating from Google reviews.
- Pearson Dunn Insurance: Pearson Dunn is an independent insurance broker that has been in business for over 85 years. They offer a range of insurance products, including car insurance, and are known for their exceptional customer service and competitive rates. Pearson Dunn has a 5-star rating from Google reviews.
- Aaxel Insurance Brokers: Aaxel Insurance Brokers is an independent insurance broker that offers a range of insurance products, including car insurance. They are known for their commitment to customer satisfaction and their competitive rates. Aaxel Insurance Brokers has a 5-star rating from Google reviews.
- Levitt Insurance Brokers: Levitt Insurance Brokers is an independent insurance broker that has been in business for over 80 years. They offer a range of insurance products, including car insurance, and are known for their personalized service and competitive rates. Levitt Insurance Brokers has a 4.9-star rating from Google reviews.
- Morison Insurance: Morison Insurance is an independent insurance broker that has been in business for over 100 years. They offer a range of insurance products, including car insurance, and are known for their knowledgeable staff and commitment to customer satisfaction. Morison Insurance has a 4.8-star rating from Google reviews.
- Oracle Group Insurance Brokers: Oracle Group Insurance Brokers is an independent insurance broker that offers a range of insurance products, including car insurance. They are known for their personalized service and commitment to finding the right coverage for their clients’ needs. Oracle Group Insurance Brokers has a 4.7-star rating from Google reviews.
Here are some tips for drivers in Hamilton, specifically related to the city:
- Plan ahead for traffic: Hamilton is a busy city with many major thoroughfares and traffic can be heavy during peak hours. Be sure to plan your routes ahead of time and leave yourself plenty of time to reach your destination.
- Watch for one-way streets: There are many one-way streets in Hamilton, so be sure to pay attention to signs and road markings to avoid going the wrong way.
- Be cautious in construction zones: Hamilton is a growing city, and construction is often taking place on many of the roads. Be sure to slow down and follow any posted signs or instructions when driving through construction zones.
- Look out for pedestrians and cyclists: Hamilton has many pedestrian and bike-friendly areas, so be sure to watch out for cyclists and pedestrians, especially in downtown areas or near parks and trails.
- Take advantage of public transportation: Hamilton has a good public transportation system, including buses and trains, which can help you avoid traffic and reduce your carbon footprint. Consider using public transportation when possible to save time and money.
- Pay attention to parking regulations: Hamilton has many parking regulations, including timed parking and residential parking permits. Be sure to pay attention to signs and regulations to avoid getting ticketed or towed.
- Watch for wildlife: Hamilton is known for its natural beauty and there are many parks and conservation areas in and around the city. Be aware of the possibility of wildlife on the road, especially during the early morning and evening hours.
What are the Most Dangerous Intersections in Hamilton?
Here are some of the most dangerous intersections in Hamilton, based on the number of collisions reported in recent years:
- Queenston Road and Nash Road: This intersection had 86 collisions reported between 2016 and 2018, making it one of the most dangerous intersections in Hamilton.
- Main Street West and Longwood Road: This intersection had 76 collisions reported between 2016 and 2018, making it another high-risk intersection in Hamilton.
- King Street East and Sherman Avenue: This intersection had 74 collisions reported between 2016 and 2018, making it one of the most dangerous intersections in the city.
- Upper James Street and Rymal Road: This intersection had 65 collisions reported between 2016 and 2018, making it another high-risk intersection in Hamilton.
- Upper James Street and Mohawk Road: This intersection had 62 collisions reported between 2016 and 2018, making it one of the most dangerous intersections in the city.
Total Reportable Collisions in Hamilton, 2013 – 2020
Here are the total number of reportable collisions in Hamilton from 2013 to 2021, based on data from the City of Hamilton:
- 2013: 13,375 reportable collisions
- 2014: 12,920 reportable collisions
- 2015: 13,037 reportable collisions
- 2016: 13,458 reportable collisions
- 2017: 13,982 reportable collisions
- 2018: 14,136 reportable collisions
- 2019: 14,005 reportable collisions
- 2020: 10,432 reportable collisions
About the Author: Valerie D. Hahn
Valerie is an insurance editor, journalist, and business professional at RateLab. She has more than 15 years of experience in personal financial products. She strives to educate readers and ensure that they are properly protected.
