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Things to Know Before Getting Stratford Car Insurance
Here are some things to know before getting Stratford car insurance:
- Insurance rates in Stratford can vary based on location: Like many cities, insurance rates in Stratford can vary depending on the location. Drivers who live in areas with higher crime rates or higher rates of accidents may pay more for car insurance.
- Minimum insurance requirements: In Ontario, drivers are required to carry a minimum of $200,000 in third-party liability coverage, as well as accident benefits coverage. Additional coverage options are available, but they may come at an extra cost.
- Insurance fraud is a concern: Insurance fraud, which can include staged accidents or false claims, is a concern in Stratford and can drive up insurance rates for everyone. Drivers can help prevent fraud by being aware of potential scams and reporting suspicious activity.
- Winter driving is a concern: Stratford experiences harsh winter weather, which can create hazardous driving conditions. Drivers should be prepared for winter driving and adjust their driving habits to accommodate for icy or snowy roads.
- Vehicle theft is a concern: Car theft is a concern in Stratford, and drivers can take steps to prevent theft by locking their vehicles and avoiding leaving valuables in plain sight.
- Safe driving habits: Safe driving habits are important in Stratford to help prevent accidents. Obey traffic laws, avoid speeding, and always wear your seatbelt. Never drink and drive or use your phone while driving.
- Parking rules: Stratford has parking restrictions in certain areas, particularly in the downtown core. Be sure to obey parking regulations to avoid fines and potential towing.
What is the Average Car Insurance Cost in Stratford?
According to recent data, the average cost of car insurance in Stratford is $1,276 per year for a standard policy.
The estimated monthly car insurance costs range in Stratford for driver profiles:
| Driver Profile | Liability only | Liability + Collision | Full coverage |
|---|---|---|---|
| G1 Driver | $77 – $218 | $96 – $272 | $110 – $311 |
| G2 Driver | $70 – $199 | $88 – $250 | $100 – $283 |
| G Driver | $63 – $180 | $79 – $226 | $90 – $257 |
| Teenage Driver | $215 – $609 | $269 – $763 | $306 – $869 |
| Young Driver | $106 – $301 | $133 – $378 | $152 – $432 |
| High-risk Driver | $191 – $541 | $239 – $679 | $272 – $772 |
| Occasional driver | $60 – $170 | $75 – $213 | $86 – $244 |
| Pleasure | $59 – $168 | $74 – $210 | $84 – $239 |
| Commuting | $95 – $269 | $119 – $337 | $136 – $386 |
| Good driver | $53 – $151 | $67 – $191 | $77 – $219 |
| Bad driver | $184 – $521 | $230 – $652 | $262 – $742 |
| New Driver | $146 – $414 | $183 – $519 | $209 – $593 |
| Secondary Driver | $48 – $137 | $60 – $170 | $69 – $196 |
| 17 Years Old | $206 – $583 | $258 – $730 | $294 – $833 |
| Seniors | $53 – $150 | $67 – $190 | $77 – $219 |
| Over 55 Years Old | $49 – $140 | $62 – $176 | $70 – $198 |
| Students | $128 – $363 | $160 – $453 | $182 – $517 |
| International Driver | $140 – $397 | $175 – $496 | $200 – $567 |
| Newcomers | $146 – $414 | $183 – $519 | $209 – $593 |
| Men Driver | $62 – $175 | $78 – $221 | $89 – $253 |
| Women Driver | $51 – $146 | $64 – $182 | $73 – $207 |
| Married Couples | $52 – $148 | $66 – $188 | $75 – $213 |
| Usage-Based | $52 – $147 | $65 – $185 | $74 – $211 |
| Uber/Lyft | $119 – $338 | $149 – $422 | $170 – $484 |
| Personal use | $53 – $150 | $67 – $191 | $77 – $219 |
| Business use | $111 – $314 | $139 – $394 | $158 – $449 |
| Commercial use | $141 – $400 | $177 – $502 | $202 – $573 |
Here’s the estimated monthly car insurance costs range for different types of cars in Stratford:
| Car Type | Monthly Cost (Liability only) | Monthly Cost (Liability + Collision) | Monthly Cost (Full coverage) |
|---|---|---|---|
| Sedan | $50 – $80 | $75 – $120 | $100 – $160 |
| Convertible | $60 – $100 | $90 – $150 | $120 – $200 |
| Hatchback | $45 – $75 | $70 – $115 | $95 – $150 |
| Wagon | $50 – $80 | $75 – $120 | $100 – $160 |
| Coupe | $55 – $90 | $80 – $135 | $110 – $180 |
| SUV | $65 – $110 | $100 – $170 | $135 – $220 |
| Truck | $55 – $90 | $80 – $135 | $110 – $180 |
| Minivan | $60 – $100 | $90 – $150 | $120 – $200 |
| Van | $55 – $90 | $80 – $135 | $110 – $180 |
| Electric Car | $70 – $120 | $110 – $185 | $150 – $250 |
| Hybrid Car | $65 – $110 | $100 – $170 | $135 – $220 |
| Multi Car | $50 – $80 | $75 – $120 | $100 – $160 |
| Exotic Car | $200 – $350 | $300 – $500 | $400 – $700 |
| Luxury Car | $150 – $250 | $225 – $375 | $300 – $500 |
| Classic Car | $80 – $135 | $120 – $200 | $160 – $270 |
| Vintage car | $90 – $150 | $135 – $225 | $180 – $300 |
| Sports Car | $100 – $170 | $150 – $250 | $200 – $340 |
| Leased Car | $60 – $100 | $90 – $150 | $120 – $200 |
| 2 Door | $55 – $90 | $80 – $135 | $110 – $180 |
Here’s the estimated monthly car insurance costs range in Stratford for a driver profile of age 35, married, based on their driving history:
| Driving History | Monthly Cost (Liability only) | Monthly Cost (Liability + Collision) | Monthly Cost (Full coverage) |
|---|---|---|---|
| 1 one at-fault accident | $70 – $120 | $110 – $185 | $150 – $250 |
| 2 one at-fault accidents | $85 – $145 | $130 – $220 | $175 – $290 |
| 1 non-fault accident | $50 – $80 | $75 – $120 | $100 – $160 |
| DUI conviction | $150 – $250 | $225 – $375 | $300 – $500 |
| 1 Speeding Ticket | $55 – $90 | $80 – $135 | $110 – $180 |
| 2 Speeding Tickets | $70 – $120 | $110 – $185 | $150 – $250 |
How Does Stratford’s Average Car Insurance Cost Compare to Other Cities?
Here is a comparison of Stratford’s average car insurance cost to some other cities in Ontario:
- Toronto: The average cost of car insurance in Toronto is higher than Stratford, ranging from approximately $1,500 to $2,000 per year for a standard policy.
- Ottawa: The average cost of car insurance in Ottawa is similar to Stratford, ranging from approximately $1,100 to $1,400 per year for a standard policy.
- London: The average cost of car insurance in London is similar to Stratford, ranging from approximately $1,100 to $1,400 per year for a standard policy.
- Windsor: The average cost of car insurance in Windsor is similar to Stratford, ranging from approximately $1,100 to $1,400 per year for a standard policy.
Which Cars Have the Cheapest Car Insurance in Stratford?
The cost of car insurance in Stratford can vary depending on the make and model of the vehicle, as well as the driver’s age, driving history, and other factors. However, in general, here are some cars that tend to have cheaper car insurance rates in Stratford:
- Honda Civic: The Honda Civic is a popular car in Stratford, and tends to have lower car insurance rates due to its safety features and reputation for reliability. The average cost of car insurance for a Honda Civic in Stratford is around $1,000 to $1,200 per year.
- Toyota Corolla: Like the Honda Civic, the Toyota Corolla is known for its safety features and reliability. The average cost of car insurance for a Toyota Corolla in Stratford is around $1,000 to $1,200 per year.
- Hyundai Elantra: The Hyundai Elantra is a compact car that is often cheaper to insure due to its affordability and good safety ratings. The average cost of car insurance for a Hyundai Elantra in Stratford is around $1,000 to $1,200 per year.
- Ford Focus: The Ford Focus is another popular compact car that tends to have lower car insurance rates in Stratford. The average cost of car insurance for a Ford Focus in Stratford is around $1,000 to $1,200 per year.
- Mazda3: The Mazda3 is a compact car that is known for its sporty design and good safety ratings. The average cost of car insurance for a Mazda3 in Stratford is around $1,000 to $1,200 per year.
How to Get the Cheapest Car Insurance in Stratford?
Here are some tips for getting the cheapest car insurance in Stratford:
- Compare quotes from multiple providers: Shopping around and comparing quotes from multiple insurance providers is one of the best ways to find the cheapest car insurance in Stratford. Make sure to compare coverage options, deductibles, and other factors to find the best policy for your needs.
- Consider a higher deductible: Increasing your deductible – the amount you pay out of pocket before insurance kicks in – can lower your monthly premium. However, be sure to choose a deductible that you can comfortably afford to pay if an accident occurs.
- Maintain a good driving record: A clean driving record can help lower your insurance rates. Avoid accidents and traffic violations, and consider taking a defensive driving course to improve your driving skills.
- Bundle insurance policies: Many insurance providers offer discounts if you bundle your car insurance with other policies, such as home insurance or life insurance.
- Ask about discounts: Ask your insurance provider about any discounts that you may be eligible for, such as safe driving discounts, low-mileage discounts, or discounts for using winter tires.
- Drive a car with a good safety rating: Cars with good safety ratings are often cheaper to insure. Before purchasing a car, do some research on its safety ratings and consider how this may affect your insurance rates.
Stratford Car Insurance Facts
Here are some car insurance facts that are specific to Stratford:
- Average cost of car insurance: The average cost of car insurance in Stratford is around $1,100 to $1,400 per year for a standard policy, which is lower than the average cost in many larger cities in Ontario.
- Insurance rates can vary by location: Like many cities, insurance rates in Stratford can vary depending on the location. Drivers who live in areas with higher crime rates or higher rates of accidents may pay more for car insurance.
- Winter driving hazards: Stratford experiences harsh winter weather, which can create hazardous driving conditions. Drivers should be prepared for winter driving and adjust their driving habits to accommodate for icy or snowy roads.
- The importance of safe driving habits: Safe driving habits are important in Stratford to help prevent accidents. Obey traffic laws, avoid speeding, and always wear your seatbelt. Never drink and drive or use your phone while driving.
- Vehicle theft rates: Car theft is a concern in Stratford, and drivers can take steps to prevent theft by locking their vehicles and avoiding leaving valuables in plain sight.
- Insurance fraud is a concern: Insurance fraud, which can include staged accidents or false claims, is a concern in Stratford and can drive up insurance rates for everyone. Drivers can help prevent fraud by being aware of potential scams and reporting suspicious activity.
- Availability of insurance providers: Stratford has a number of insurance providers available to drivers, including both local and national companies. Drivers can shop around to find the best coverage and rates for their specific needs.
List of Best Car Insurance Companies in Stratford
Here are some of the best car insurance companies in Stratford, along with their descriptions, reviews, and ratings:
- Allstate Insurance: Allstate is a well-known insurance provider with a strong reputation for customer service. They offer a range of coverage options, including liability, collision, and comprehensive coverage. Allstate has an A+ rating from the Better Business Bureau (BBB).
- Aviva Insurance: Aviva is a popular insurance provider in Stratford, offering comprehensive car insurance coverage at competitive rates. They also offer a range of additional coverage options, such as roadside assistance and rental car coverage. Aviva has an A+ rating from the BBB.
- Co-operators Insurance: Co-operators is a Canadian-owned insurance provider that offers a range of coverage options, including car insurance. They are known for their commitment to social responsibility and offer a range of discounts for safe driving and eco-friendly vehicles. Co-operators has an A+ rating from the BBB.
- Desjardins Insurance: Desjardins is a Quebec-based insurance provider that offers a range of car insurance coverage options, as well as additional services such as roadside assistance and rental car coverage. They have a strong reputation for customer service and support. Desjardins has an A+ rating from the BBB.
- Intact Insurance: Intact is a leading provider of car insurance in Canada, offering a range of coverage options at competitive rates. They also offer discounts for safe driving and for drivers who bundle their car insurance with other policies. Intact has an A+ rating from the BBB.
- Johnson Insurance: Johnson is a Canadian-owned insurance provider that offers a range of car insurance coverage options, as well as additional services such as roadside assistance and rental car coverage. They have a strong reputation for customer service and support. Johnson has an A+ rating from the BBB.
- Wawanesa Insurance: Wawanesa is a Canadian-owned insurance provider that offers a range of car insurance coverage options, as well as additional services such as roadside assistance and rental car coverage. They have a strong reputation for customer service and support. Wawanesa has an A+ rating from the BBB.
List of Best Car Insurance Brokers in Stratford
Here are some of the best independent car insurance brokers in Stratford, along with their descriptions, reviews, and ratings:
- All-Risks Insurance Brokers: All-Risks Insurance Brokers is an independent insurance brokerage that offers a range of coverage options for car insurance, as well as home insurance, business insurance, and more. They are known for their personalized service and competitive rates. All-Risks Insurance Brokers has a 4.8-star rating on Google based on 20 reviews.
- BrokerLink: BrokerLink is a leading independent insurance brokerage that offers a range of car insurance coverage options, as well as home insurance, business insurance, and more. They are known for their excellent customer service and competitive rates. BrokerLink has a 4.3-star rating on Google based on 15 reviews.
- Cornerstone Insurance Brokers: Cornerstone Insurance Brokers is an independent insurance brokerage that offers a range of car insurance coverage options, as well as home insurance, business insurance, and more. They are known for their commitment to personalized service and competitive rates. Cornerstone Insurance Brokers has a 4.9-star rating on Google based on 28 reviews.
- Erb and Erb Insurance Brokers: Erb and Erb Insurance Brokers is an independent insurance brokerage that offers a range of car insurance coverage options, as well as home insurance, business insurance, and more. They are known for their commitment to customer service and competitive rates. Erb and Erb Insurance Brokers has a 4.8-star rating on Google based on 12 reviews.
- Staebler Insurance: Staebler Insurance is an independent insurance brokerage that offers a range of car insurance coverage options, as well as home insurance, business insurance, and more. They have been serving the community of Stratford for over 140 years and are known for their personalized service and competitive rates. Staebler Insurance has a 4.9-star rating on Google based on 13 reviews.
Tips for Drivers in Stratford
Here are some tips for drivers in Stratford to help keep themselves and others safe on the road:
- Be aware of weather conditions: Stratford experiences harsh winter weather, which can create hazardous driving conditions. Drivers should be prepared for winter driving and adjust their driving habits to accommodate for icy or snowy roads. It’s also important to be aware of changing weather conditions and adjust your driving accordingly.
- Follow traffic laws: Obeying traffic laws is important in Stratford to help prevent accidents. Drivers should always obey speed limits, traffic signals, and other laws to help keep themselves and others safe on the road.
- Avoid distractions: Distracted driving is a major cause of accidents in Stratford and can lead to serious injuries or fatalities. Avoid using your phone or engaging in other distractions while driving to help keep yourself and others safe.
- Watch for pedestrians and cyclists: Stratford is a pedestrian-friendly city, and drivers should always watch for pedestrians and cyclists on the road. Yield to pedestrians in crosswalks and be aware of cyclists on the road.
- Maintain your vehicle: Regular vehicle maintenance is important to help prevent accidents and keep your vehicle running smoothly. Make sure to regularly check your brakes, tires, and other important systems to ensure they are in good working order.
- Be prepared for emergencies: In the event of an emergency, it’s important to be prepared. Keep an emergency kit in your car with items such as a flashlight, first aid kit, and extra blankets.
Total Reportable Collisions in Stratford
According to the MTO collision database, the total number of reportable collisions in Stratford, Ontario, from 2013 to 2019 are as follows:
- 2013: 502 reportable collisions
- 2014: 457 reportable collisions
- 2015: 508 reportable collisions
- 2016: 467 reportable collisions
- 2017: 497 reportable collisions
- 2018: 500 reportable collisions
- 2019: 435 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.
