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Things to Know Before Getting Newmarket Car Insurance
If you’re looking to get car insurance in Newmarket, here are some things to keep in mind:
- Know the minimum insurance requirements: In Ontario, all drivers are required to have a minimum amount of insurance coverage, including third-party liability coverage, accident benefits coverage, and uninsured automobile coverage. Make sure you understand the minimum requirements and consider getting additional coverage as needed.
- Consider your driving habits: Your insurance rates will be based in part on your driving habits, such as how much you drive, where you drive, and whether you’ve been in accidents or received tickets. Be prepared to provide this information when getting quotes for insurance coverage.
- Shop around: There are many insurance providers in Newmarket, so it’s important to shop around and get quotes from multiple providers to find the best coverage at the best price. Consider working with an independent insurance broker who can help you compare rates and coverage options from multiple providers.
- Look for discounts: Many insurance providers offer discounts for safe driving habits, bundling multiple policies, and having certain safety features on your vehicle, such as anti-lock brakes and airbags. Ask each provider about available discounts when getting quotes.
- Be prepared to pay a deductible: If you’re involved in an accident and need to make a claim on your insurance, you may be required to pay a deductible. Make sure you understand your policy’s deductible requirements and be prepared to pay this amount if needed.
What is the Average Car Insurance Rate in Newmarket
According to recent data, the average cost of car insurance in Newmarket is around $1,705 per year.
Here’s a table showing the estimated monthly car insurance costs range for different driver profiles in Newmarket:
| Driver Profile | Monthly Cost (Liability only) | Monthly Cost (Liability + Collision) | Monthly Cost (Full coverage) |
|---|---|---|---|
| G1 Driver | $250 – $500 | $355 – $710 | $460 – $920 |
| G2 Driver | $165 – $330 | $235 – $470 | $305 – $610 |
| Full G Driver | $95 – $190 | $125 – $250 | $160 – $320 |
| Teenage Driver | $525 – $1050 | $735 – $1470 | $945 – $1890 |
| Young Driver | $235 – $470 | $335 – $670 | $435 – $870 |
| High-risk Driver | $700 – $1400 | $980 – $1960 | $1260 – $2520 |
| Occasional Driver | $80 – $160 | $110 – $220 | $140 – $280 |
| Pleasure Driver | $75 – $150 | $100 – $200 | $125 – $250 |
| Commuting Driver | $220 – $440 | $310 – $620 | $400 – $800 |
| Good Driver | $70 – $140 | $95 – $185 | $120 – $240 |
| Bad Driver | $345 – $690 | $480 – $960 | $620 – $1240 |
| New Driver | $170 – $340 | $240 – $480 | $310 – $620 |
| Secondary Driver | $85 – $170 | $120 – $240 | $155 – $310 |
| 17 Years Old | $465 – $930 | $650 – $1300 | $840 – $1680 |
| Seniors | $80 – $160 | $110 – $220 | $140 – $280 |
| Over 55 Years Old | $75 – $150 | $100 – $200 | $125 – $250 |
| Students | $225 – $450 | $315 – $630 | $405 – $810 |
| International Driver | $325 – $650 | $455 – $910 | $585 – $1170 |
| Newcomers | $350 – $700 | $490 – $980 | $630 – $1260 |
| Men Driver | $220 – $440 | $310 – $620 | $400 – $800 |
| Women Driver | $210 – $420 | $295 – $590 | $380 – $760 |
| Married Couples | $75 – $150 | $100 – $200 | $125 – $250 |
| Usage-Based | $60 – $120 | $80 – $160 | $100 – $200 |
| Uber/Lyft | $250 – $500 | $355 – $710 | $460 – $920 |
| Personal use | $75 – $150 | $100 – $200 | $125 – $250 |
Here’s a table showing the estimated monthly car insurance costs range for different types of cars in Newmarket:
| Car Type | Monthly Cost (Liability only) | Monthly Cost (Liability + Collision) | Monthly Cost (Full coverage) |
|---|---|---|---|
| Sedan | $70 – $140 | $95 – $185 | $120 – $240 |
| Convertible | $95 – $190 | $135 – $270 | $175 – $350 |
| Hatchback | $65 – $130 | $90 – $180 | $115 – $230 |
| Wagon | $75 – $150 | $105 – $210 | $135 – $270 |
| Coupe | $85 – $170 | $120 – $240 | $155 – $310 |
| SUV | $110 – $220 | $155 – $310 | $200 – $400 |
| Truck | $120 – $240 | $170 – $340 | $220 – $440 |
| Minivans | $105 – $210 | $150 – $300 | $195 – $390 |
| Van | $105 – $210 | $150 – $300 | $195 – $390 |
| Electric Car | $110 – $220 | $155 – $310 | $200 – $400 |
| Hybrid Car | $100 – $200 | $140 – $280 | $180 – $360 |
| Multi Car | $65 – $130 | $90 – $180 | $115 – $230 |
| Exotic Car | $650 – $1300 | $910 – $1820 | $1170 – $2340 |
| Luxury Car | $265 – $530 | $375 – $750 | $485 – $970 |
| Classic Car | $95 – $190 | $135 – $270 | $175 – $350 |
| Vintage car | $95 – $190 | $135 – $270 | $175 – $350 |
| Sports Car | $175 – $350 | $245 – $490 | $315 – $630 |
| Leased cars | $120 – $240 | $170 – $340 | $220 – $440 |
| 2 Door | $85 – $170 | $120 – $240 | $155 – $310 |
Here’s a table showing the estimated monthly car insurance costs range in Newmarket, for a driver profile of age 35, married, with a different driving history:
| Driving History | Monthly Cost (Liability only) | Monthly Cost (Liability + Collision) | Monthly Cost (Full coverage) |
|---|---|---|---|
| 1 one at-fault accident | $115 – $230 | $160 – $320 | $205 – $410 |
| 2 one at-fault accidents | $140 – $280 | $195 – $390 | $250 – $500 |
| 1 non-fault accident | $65 – $130 | $90 – $180 | $115 – $230 |
| DUI conviction | $305 – $610 | $425 – $850 | $550 – $1100 |
| 1 speeding ticket | $75 – $150 | $105 – $210 | $135 – $270 |
| 2 speeding tickets | $100 – $200 | $140 – $280 | $180 – $360 |
How Does Newmarket’s Average Car Insurance Cost Compare to Other Cities?
According to recent data, here are the average annual car insurance rates for some Ontario cities (including Newmarket) in 2023:
- Toronto: $2,402
- Brampton: $2,898
- Mississauga: $2,304
- Ottawa: $1,402
- Hamilton: $1,697
- Kingston: $1,369
- Barrie: $1,790
- Sudbury: $1,484
- Newmarket: $1,705
Which Cars Have the Cheapest Car Insurance in Newmarket?
Here are some car models that are generally considered to have lower insurance rates in Newmarket, along with their average annual rates:
- Honda Civic: $1,405 per year
- Toyota Corolla: $1,441 per year
- Hyundai Elantra: $1,450 per year
- Mazda 3: $1,468 per year
- Ford Escape: $1,579 per year
- Honda CR-V: $1,595 per year
- Chevrolet Cruze: $1,619 per year
- Toyota RAV4: $1,637 per year
- Kia Forte: $1,655 per year
- Volkswagen Jetta: $1,690 per year
How to Get the Cheapest Car Insurance in Newmarket?
Here are some tips for getting the cheapest car insurance in Newmarket:
- Shop around: One of the best ways to get the cheapest car insurance in Newmarket is to compare rates from multiple providers. Get quotes from at least three different insurance companies and compare coverage options and rates to find the best policy for your needs and budget.
- Increase your deductible: Increasing your insurance deductible can help lower your monthly premiums. However, make sure you can afford to pay the higher deductible if you need to make a claim.
- Choose a lower coverage limit: If you have an older or less valuable car, you may not need as much insurance coverage as you would for a newer or more expensive car. Consider choosing a lower coverage limit to save money on your premiums.
- Ask about discounts: Many insurance providers offer discounts for safe driving, multiple policies, and having certain safety features on your vehicle. Ask each provider about available discounts when getting quotes.
- Maintain a good driving record: Maintaining a good driving record can help keep your insurance rates low. Drive safely and avoid accidents and traffic violations to keep your rates as low as possible.
- Consider using public transportation: Using public transportation or carpooling can help reduce the amount of time you spend on the road and may lower your insurance rates.
Newmarket Car Insurance Facts
Here are some car insurance facts that are specific to Newmarket:
- Average rates: According to recent data from the Insurance Bureau of Canada, the average cost of car insurance in Newmarket was around $1,505 per year in 2020.
- Insurance fraud: Insurance fraud is a concern in Newmarket and the surrounding area. The Insurance Bureau of Canada estimates that insurance fraud costs Canadians $2 billion per year, and auto insurance fraud is one of the most common types of fraud.
- Winter driving: As in many parts of Ontario, winter driving can be a challenge in Newmarket. Snow and ice can make driving conditions hazardous, and it’s important to adjust your driving habits accordingly to stay safe on the road.
- Traffic congestion: Newmarket is a growing city, and traffic congestion can be a problem during peak travel times. Rush hour traffic can be particularly heavy on highways 404 and 400, and it’s important to leave extra time for your commute to account for potential delays.
- Road construction: Like many cities in Ontario, Newmarket experiences a lot of road construction during the warmer months. Be aware of construction zones and adjust your driving habits to account for changing road conditions and potential delays.
List of Best Car Insurance Companies in Newmarket
Here are some of the best car insurance companies in Newmarket, along with a brief description of each and their ratings on popular review websites:
- Allstate Insurance Canada: Allstate is a popular insurance provider in Canada, offering a range of coverage options for cars, homes, and businesses. Allstate has received 4.4 out of 5 stars on Google and 4.4 out of 5 stars on InsurEye.
- State Farm Insurance: State Farm is a well-known insurance provider in Canada, offering a range of coverage options for cars, homes, and businesses. State Farm has received 4.3 out of 5 stars on Google and 3.3 out of 5 stars on InsurEye.
- Aviva Canada: Aviva is a global insurance provider with a strong presence in Canada, offering a range of coverage options for cars, homes, and businesses. Aviva has received 4.2 out of 5 stars on Google and 4.0 out of 5 stars on InsurEye.
- Intact Insurance: Intact is a leading insurance provider in Canada, offering a range of coverage options for cars, homes, and businesses. Intact has received 3.3 out of 5 stars on Google and 3.5 out of 5 stars on InsurEye.
- Johnson Insurance: Johnson is a Canadian insurance provider that offers a range of coverage options for cars, homes, and businesses. Johnson has received 2.8 out of 5 stars on Google and 2.6 out of 5 stars on InsurEye.
Top 10 List of Best Car Insurance Brokers in Newmarket
Here are some of the best independent car insurance brokers in Newmarket, along with a brief description of each and their ratings on popular review websites:
- Arbordale Insurance Brokers: Arbordale is a family-owned and operated insurance broker that has been serving the Newmarket area for over 40 years. They offer a range of insurance options for cars, homes, and businesses, and are known for their personalized service and competitive rates. Arbordale has received 4.8 out of 5 stars on Google and 4.4 out of 5 stars on Yelp.
- M&W Insurance Brokers: M&W is an independent insurance broker that has been serving the Newmarket area for over 25 years. They offer a range of insurance options for cars, homes, and businesses, and are known for their friendly, personalized service. M&W has received 5.0 out of 5 stars on Google and 5.0 out of 5 stars on Yelp.
- Morison Insurance: Morison is an independent insurance broker with several locations in the Greater Toronto Area, including Newmarket. They offer a range of insurance options for cars, homes, and businesses, and are known for their competitive rates and excellent customer service. Morison has received 4.4 out of 5 stars on Google and 4.0 out of 5 stars on Yelp.
- Gallant Insurance Brokers: Gallant is an independent insurance broker that has been serving the Newmarket area for over 30 years. They offer a range of insurance options for cars, homes, and businesses, and are known for their personalized service and competitive rates. Gallant has received 5.0 out of 5 stars on Google and 5.0 out of 5 stars on Yelp.
- Mitchell & Whale Insurance Brokers: Mitchell & Whale is an independent insurance broker that has been serving the Greater Toronto Area, including Newmarket, for over 70 years. They offer a range of insurance options for cars, homes, and businesses, and are known for their competitive rates and excellent customer service. Mitchell & Whale has received 4.9 out of 5 stars on Google and 4.5 out of 5 stars on Yelp.
- Orr Insurance and Investment: Orr Insurance is an independent insurance broker that has been serving the Newmarket area for over 130 years. They offer a range of insurance options for cars, homes, and businesses, and are known for their personalized service and competitive rates. Orr Insurance has received 4.8 out of 5 stars on Google.
- Duliban Insurance Brokers: Duliban is an independent insurance broker that has been serving the Newmarket area for over 20 years. They offer a range of insurance options for cars, homes, and businesses, and are known for their friendly service and competitive rates. Duliban Insurance has received 4.9 out of 5 stars on Google.
- The Shepherd Group: The Shepherd Group is an independent insurance broker that has been serving the Newmarket area for over 20 years. They offer a range of insurance options for cars, homes, and businesses, and are known for their personalized service and competitive rates. The Shepherd Group has received 5.0 out of 5 stars on Google.
- Duliban Insurance Brokers: Duliban is an independent insurance broker that has been serving the Newmarket area for over 20 years. They offer a range of insurance options for cars, homes, and businesses, and are known for their friendly service and competitive rates. Duliban Insurance has received 4.9 out of 5 stars on Google.
- Cornerstone Insurance Brokers: Cornerstone is an independent insurance broker that has been serving the Newmarket area for over 20 years. They offer a range of insurance options for cars, homes, and businesses, and are known for their competitive rates and excellent customer service. Cornerstone Insurance Brokers has received 4.7 out of 5 stars on Google.
Tips for Drivers in Newmarket. Only actual Newmarket
Here are some tips for drivers in Newmarket that are specific to the city:
- Be aware of traffic congestion: Newmarket is a growing city, and traffic congestion can be a problem during peak travel times. Rush hour traffic can be particularly heavy on highways 404 and 400, so it’s important to leave extra time for your commute to account for potential delays.
- Watch out for pedestrians and cyclists: Newmarket has a number of pedestrian and cycling trails, and it’s important for drivers to be aware of these users on the road. Be especially cautious when driving through areas with heavy foot or bike traffic, and watch for pedestrians crossing the street.
- Be prepared for winter driving: Like many parts of Ontario, winter driving can be a challenge in Newmarket. Snow and ice can make driving conditions hazardous, and it’s important to adjust your driving habits accordingly to stay safe on the road. Keep a winter survival kit in your car in case of emergency.
- Know the rules for school zones: Newmarket has many schools and school zones, and it’s important to be aware of the rules when driving in these areas. Keep an eye out for reduced speed limits and pedestrian crossings, and always give school buses plenty of space.
- Avoid distracted driving: Distracted driving is a serious problem on the roads, and it’s important to avoid activities like texting or using your phone while driving. Keep your focus on the road and avoid any distractions that could put yourself or others at risk.
What are the Most Dangerous Intersections in Newmarket?
According to data from York Region Police, some of the most dangerous intersections in Newmarket, based on the number of collisions reported between 2017 and 2019, include:
- Yonge Street and Davis Drive: 71 collisions reported
- Yonge Street and Mulock Drive: 46 collisions reported
- Bayview Avenue and Mulock Drive: 43 collisions reported
- Leslie Street and Davis Drive: 30 collisions reported
- Leslie Street and Gorham Street: 24 collisions reported
- Yonge Street and Savage Road: 23 collisions reported
- Leslie Street and Mulock Drive: 22 collisions reported
- Yonge Street and Green Lane: 21 collisions reported
- Bayview Avenue and Davis Drive: 19 collisions reported
- Yonge Street and Sawmill Valley Drive: 18 collisions reported
Total Reportable Collisions in Newmarket, 2013 – 2021
According to data from the York Regional Police, there were a total of 14,972 reportable collisions in Newmarket from 2013 to 2021. This includes all types of collisions, such as those involving cars, trucks, bicycles, and pedestrians.
Here is a breakdown of the number of reportable collisions in Newmarket by year:
- 2013: 1,831
- 2014: 1,847
- 2015: 1,755
- 2016: 1,630
- 2017: 1,612
- 2018: 1,736
- 2019: 1,729
- 2020: 1,631
- 2021 (up to September): 1,201
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.
