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Things to Know Before Getting Thunder Bay Car Insurance
If you’re planning to get car insurance in Thunder Bay, here are a few things you should know:
- Minimum Insurance Requirements: The minimum mandatory insurance coverage required in Thunder Bay is the same as the rest of Ontario. This includes third-party liability coverage of at least $200,000, accident benefits coverage, and uninsured automobile coverage.
- Consider Additional Coverage: While the mandatory insurance coverage is a legal requirement, it may not be enough to fully protect you in case of an accident. Additional coverage options, such as collision coverage, comprehensive coverage, and increased liability limits, can provide you with more comprehensive protection.
- Discounts and Savings: Insurance companies in Thunder Bay offer various discounts and savings on car insurance. Some common discounts include safe driver discounts, multi-vehicle discounts, and bundling discounts (when you combine car and home insurance policies). Be sure to ask about all available discounts.
- Winter Tires: Thunder Bay experiences harsh winters, and having winter tires on your vehicle is highly recommended. In fact, some insurance companies may offer discounts for using winter tires during the winter season.
- Shop Around: Car insurance rates can vary significantly between insurance providers, so it’s important to shop around and compare rates from multiple insurers to get the best deal. You can use online comparison tools or work with a local insurance broker to help you find the right coverage at the best price.
- Consider Local Insurers: Thunder Bay has several local insurance providers who understand the unique risks and challenges of driving in the area. Working with a local insurer can provide you with more personalized service and a better understanding of your coverage needs.
What is the Average Car Insurance Cost in Thunder Bay
According to recent data, the average annual car insurance premium in Thunder Bay is around $1,347.
Here is a table showing the estimated monthly car insurance costs for different driver profiles in Thunder Bay.
Please note that these are just estimates, and actual costs may vary based on several factors such as the insurance company, the make and model of the vehicle, and the level of coverage. Additionally, insurance costs can vary between different provinces and territories in Canada.
| Driver Profile | Liability only | Liability + Collision | Full Coverage |
|---|---|---|---|
| G1 Driver | $200 – $250 | $300 – $350 | $450 – $550 |
| G2 Driver | $100 – $150 | $200 – $250 | $350 – $400 |
| Full G | $80 – $120 | $160 – $200 | $280 – $320 |
| Teenage Driver | $400 – $500 | $600 – $700 | $1000 – $1200 |
| Young Driver | $160 – $200 | $260 – $320 | $420 – $500 |
| High-risk Driver | $400 – $500 | $600 – $700 | $1000 – $1200 |
| Occasional driver | $80 – $120 | $160 – $200 | $280 – $320 |
| Pleasure driver | $80 – $120 | $160 – $200 | $280 – $320 |
| Commuting driver | $120 – $150 | $220 – $270 | $360 – $450 |
| Good driver | $80 – $120 | $160 – $200 | $280 – $320 |
| Bad driver | $400 – $500 | $600 – $700 | $1000 – $1200 |
| New Driver | $200 – $250 | $300 – $350 | $450 – $550 |
| Secondary Driver | $80 – $120 | $160 – $200 | $280 – $320 |
| 17 Years Old | $400 – $500 | $600 – $700 | $1000 – $1200 |
| Seniors | $80 – $120 | $160 – $200 | $280 – $320 |
| Over 55 Years Old | $80 – $120 | $160 – $200 | $280 – $320 |
| Students | $100 – $150 | $200 – $250 | $350 – $400 |
| International Driver | $200 – $250 | $300 – $350 | $450 – $550 |
| Newcomers | $200 – $250 | $300 – $350 | $450 – $550 |
| Men Driver | $100 – $150 | $200 – $250 | $350 – $400 |
| Women Driver | $80 – $120 | $160 – $200 | $280 – $320 |
| Married Couples | $80 – $120 | $160 – $200 | $280 – $320 |
| Usage-Based | $80 – $120 | $160 – $200 | $280 – $320 |
| Uber/Lyft | $160 – $200 | $260 – $320 | $420 – $500 |
| Personal use | $80 – $120 | $160 – $200 | $280 – $320 |
| Business use | $120 – $150 | $220 – $270 | $360 – $450 |
| Commercial use | $400 – $500 | $600 – $700 | $1000 – $1200 |
Here is a table showing the estimated monthly car insurance costs for different types of cars in Thunder Bay for a driver profile of age 35, married, with a clean driving record.
| Type of Car | Liability only | Liability + Collision | Full Coverage |
|---|---|---|---|
| Sedan | $80 – $120 | $160 – $200 | $280 – $320 |
| Convertible | $160 – $200 | $260 – $320 | $420 – $500 |
| Hatchback | $80 – $120 | $160 – $200 | $280 – $320 |
| Wagon | $80 – $120 | $160 – $200 | $280 – $320 |
| Coupe | $100 – $150 | $200 – $250 | $350 – $400 |
| SUV | $120 – $150 | $220 – $270 | $360 – $450 |
| Truck | $120 – $150 | $220 – $270 | $360 – $450 |
| Minivans | $120 – $150 | $220 – $270 | $360 – $450 |
| Van | $120 – $150 | $220 – $270 | $360 – $450 |
| Electric Car | $80 – $120 | $160 – $200 | $280 – $320 |
| Hybrid Car | $80 – $120 | $160 – $200 | $280 – $320 |
| Multi Car | $80 – $120 | $160 – $200 | $280 – $320 |
| Exotic Car | $400 – $500 | $600 – $700 | $1000 – $1200 |
| Luxury Car | $400 – $500 | $600 – $700 | $1000 – $1200 |
| Classic Car | $400 – $500 | $600 – $700 | $1000 – $1200 |
| Vintage car | $400 – $500 | $600 – $700 | $1000 – $1200 |
| Sports Car | $200 – $250 | $300 – $350 | $450 – $550 |
| Leased cars | $120 – $150 | $220 – $270 | $360 – $450 |
| 2 Door | $100 – $150 | $200 – $250 | $350 – $400 |
Here is a table showing the estimated monthly car insurance costs range in Thunder Bay for a driver profile of age 35, married, based on different driving histories.
| Driving History | Liability only | Liability + Collision | Full Coverage |
|---|---|---|---|
| 1 one at-fault accident | $200 – $250 | $300 – $350 | $450 – $550 |
| 2 one at-fault accident | $400 – $500 | $600 – $700 | $1000 – $1200 |
| 1 non-fault accident | $80 – $120 | $160 – $200 | $280 – $320 |
| DUI conviction | $400 – $500 | $600 – $700 | $1000 – $1200 |
| 1 Speeding Ticket | $100 – $150 | $200 – $250 | $350 – $400 |
| 2 Speeding Tickets | $200 – $250 | $300 – $350 | $450 – $550 |
How Does Thunder Bay’s Average Car Insurance Cost Compare to Other Cities?
Here’s a list of some of the major cities in Ontario and their average car insurance costs:
- Toronto – $2,100 – $2,500
- Ottawa – $1,400 – $1,700
- Hamilton – $1,700 – $2,000
- London – $1,500 – $1,800
- Kitchener-Waterloo – $1,400 – $1,700
- Windsor – $1,400 – $1,700
- Sudbury – $1,200 – $1,500
- Thunder Bay – $1,300 – $1,700
Which Cars Have the Cheapest Car Insurance in Thunder Bay?
Here are some of the cars that tend to have lower car insurance rates in Thunder Bay, along with their average annual rates:
- Honda Civic – $1,200 – $1,500
- Toyota Corolla – $1,200 – $1,500
- Mazda3 – $1,300 – $1,600
- Hyundai Elantra – $1,300 – $1,600
- Chevrolet Cruze – $1,300 – $1,600
How to Get the Cheapest Car Insurance in Thunder Bay?
If you’re looking to get the cheapest car insurance in Thunder Bay, here are some tips:
- Shop Around: One of the best ways to find the cheapest car insurance in Thunder Bay is to shop around and compare rates from multiple providers. You can do this online or work with a local insurance broker who can help you find the best coverage at the best price.
- Consider Local Insurers: Thunder Bay has several local insurance providers who may offer lower rates than larger, national insurance companies. Working with a local insurer can provide you with more personalized service and a better understanding of your coverage needs.
- Increase Your Deductible: Choosing a higher deductible can help lower your car insurance premium. Just be sure that you can afford to pay the higher deductible if you do need to make a claim.
- Take Advantage of Discounts: Insurance companies in Thunder Bay offer various discounts and savings on car insurance, such as safe driver discounts, multi-vehicle discounts, and bundling discounts (when you combine car and home insurance policies). Be sure to ask about all available discounts.
- Drive Safely: Your driving record can have a significant impact on your car insurance rate. Avoiding accidents and traffic violations can help keep your car insurance premium low.
- Use Winter Tires: Thunder Bay experiences harsh winters, and using winter tires can help you stay safe on the road. Some insurance companies may offer discounts for using winter tires during the winter season.
- Consider a Telematics Program: Some insurance companies in Thunder Bay offer telematics programs that use technology to track your driving behavior. If you drive safely, you may be eligible for lower car insurance rates.
Thunder Bay Car Insurance Facts
Here are some Thunder Bay car insurance facts that are specific to the city:
- Car insurance rates in Thunder Bay are generally lower than the rates in larger cities like Toronto and Ottawa.
- Thunder Bay has a relatively low population density, which can make car insurance rates more affordable.
- Thunder Bay experiences harsh winters, which can impact car insurance rates. Using winter tires can help you stay safe on the road and may even qualify you for lower insurance rates.
- Thunder Bay has a higher rate of auto theft compared to other cities in Ontario. If you live in an area with a higher risk of theft, your car insurance premium may be higher.
- Some insurance companies in Thunder Bay offer discounts for safe driving, which can help lower your car insurance rate. Telematics programs, which use technology to track your driving behavior, may also be available.
- Thunder Bay has several local insurance providers who may offer more personalized service and a better understanding of the unique risks and challenges of driving in the area.
- Thunder Bay is home to several insurance brokers who can help you find the best car insurance coverage at the best price. They can provide you with personalized service and help you navigate the sometimes confusing world of car insurance.
Top 10 List of Best Car Insurance Companies in Thunder Bay
Here are some of the best car insurance companies in Thunder Bay, along with a brief description, reviews, and star ratings from the internet:
- State Farm Insurance: State Farm is a well-known insurance provider that offers a range of car insurance options in Thunder Bay. Customers praise the company for its excellent customer service and competitive rates. State Farm has a rating of 4.9 out of 5 on Google.
- The Co-operators: The Co-operators is a Canadian insurance provider that offers car insurance in Thunder Bay. Customers appreciate the company’s affordable rates and excellent customer service. The Co-operators has a rating of 4.3 out of 5 on Google.
- Allstate Insurance: Allstate is a popular insurance provider that offers car insurance in Thunder Bay. Customers praise the company for its competitive rates and personalized service. Allstate has a rating of 4.7 out of 5 on Google.
- Intact Insurance: Intact is a well-known insurance provider that offers a range of car insurance options in Thunder Bay. Customers appreciate the company’s competitive rates and personalized service. Intact has a rating of 3.9 out of 5 on Google.
- CAA Insurance: CAA is a popular insurance provider that offers car insurance in Thunder Bay. Customers praise the company for its excellent customer service and competitive rates. CAA has a rating of 4.4 out of 5 on Google.
- Johnson Insurance: Johnson Insurance is a Canadian insurance provider that offers car insurance in Thunder Bay. Customers appreciate the company’s affordable rates and excellent customer service. Johnson Insurance has a rating of 3.9 out of 5 on Google.
- RBC Insurance: RBC is a well-known insurance provider that offers a range of car insurance options in Thunder Bay. Customers appreciate the company’s competitive rates and excellent customer service. RBC Insurance has a rating of 3.9 out of 5 on Google.
- Desjardins Insurance: Desjardins is a popular insurance provider that offers car insurance in Thunder Bay. Customers praise the company for its affordable rates and personalized service. Desjardins Insurance has a rating of 4.4 out of 5 on Google.
- Aviva Insurance: Aviva is a well-established insurance provider that offers a range of car insurance options in Thunder Bay. Customers appreciate the company’s competitive rates and excellent customer service. Aviva Insurance has a rating of 3.6 out of 5 on Google.
- TD Insurance: TD Insurance is a popular insurance provider that offers car insurance in Thunder Bay. Customers praise the company for its excellent customer service and affordable rates. TD Insurance has a rating of 4.0 out of 5 on Google.
Top 10 List of Best Car Insurance Brokers in Thunder Bay
Here are some of the best independent car insurance brokers in Thunder Bay, along with a brief description, reviews, and star ratings from the internet:
- Insurance Tiger: Insurance Tiger is an independent insurance broker in Thunder Bay that specializes in car insurance. Customers praise the company for its excellent customer service and personalized approach to finding the best coverage at the best price. Insurance Tiger has a rating of 5.0 out of 5 on Google.
- Harbour Insurance: Harbour Insurance is an independent insurance broker in Thunder Bay that offers a range of car insurance options. Customers appreciate the company’s knowledgeable staff and affordable rates. Harbour Insurance has a rating of 5.0 out of 5 on Google.
- L.C. MacDonald Insurance: L.C. MacDonald Insurance is an independent insurance broker in Thunder Bay that specializes in car insurance. Customers praise the company for its friendly staff and competitive rates. L.C. MacDonald Insurance has a rating of 4.7 out of 5 on Google.
- Port Arthur Insurance Services: Port Arthur Insurance Services is an independent insurance broker in Thunder Bay that offers a range of car insurance options. Customers appreciate the company’s personalized service and competitive rates. Port Arthur Insurance Services has a rating of 4.4 out of 5 on Google.
- Prime Insurance: Prime Insurance is an independent insurance broker in Thunder Bay that offers a range of car insurance options. Customers appreciate the company’s knowledgeable staff and competitive rates. Prime Insurance has a rating of 4.7 out of 5 on Google.
- Thunder Bay Insurance Services: Thunder Bay Insurance Services is an independent insurance broker in Thunder Bay that specializes in car insurance. Customers praise the company for its excellent customer service and personalized approach to finding the best coverage at the best price. Thunder Bay Insurance Services has a rating of 4.7 out of 5 on Google.
- Dulude Taylor Insurance: Dulude Taylor Insurance is an independent insurance broker in Thunder Bay that offers a range of car insurance options. Customers appreciate the company’s personalized service and affordable rates. Dulude Taylor Insurance has a rating of 4.7 out of 5 on Google.
- Ken Jones Insurance: Ken Jones Insurance is an independent insurance broker in Thunder Bay that specializes in car insurance. Customers praise the company for its knowledgeable staff and competitive rates. Ken Jones Insurance has a rating of 4.7 out of 5 on Google.
- TBay Insurance: TBay Insurance is an independent insurance broker in Thunder Bay that offers a range of car insurance options. Customers appreciate the company’s personalized service and affordable rates. TBay Insurance has a rating of 4.5 out of 5 on Google.
- Schinkel Insurance: Schinkel Insurance is an independent insurance broker in Thunder Bay that specializes in car insurance. Customers praise the company for its excellent customer service and competitive rates. Schinkel Insurance has a rating of 4.5 out of 5 on Google.
Tips for Drivers in Thunder Bay. Only actual Thunder Bay
If you’re driving in Thunder Bay, here are some tips to help you stay safe on the road:
- Be prepared for winter driving: Thunder Bay experiences harsh winters, so it’s important to be prepared for winter driving conditions. Use winter tires, slow down, and leave extra space between you and the car in front of you.
- Watch out for wildlife: Thunder Bay is located in an area with abundant wildlife, including moose, deer, and bears. Be aware of your surroundings and watch for wildlife crossing the road, especially during dawn and dusk.
- Be cautious on rural roads: Thunder Bay has many rural roads, which can be narrower and more winding than urban roads. Be cautious and slow down on rural roads, especially when approaching blind corners.
- Take care when driving on hills: Thunder Bay is a hilly city, and some roads can be steep. Use your gears and brakes carefully when driving on hills, and be prepared to stop or slow down if necessary.
- Pay attention to weather alerts: Thunder Bay can experience severe weather, including heavy snowfall and thunderstorms. Check weather alerts before heading out on the road, and avoid driving in dangerous weather conditions if possible.
- Watch for construction: Like any city, Thunder Bay has ongoing road construction projects. Be aware of construction zones, slow down, and follow any posted signs or detours.
- Use public transportation if possible: Thunder Bay has a public transportation system that includes buses and taxis. If you can, consider using public transportation to reduce traffic on the roads and minimize your carbon footprint.
What are the Most Dangerous Intersections in Thunder Bay?
According to data from the Thunder Bay Police Service, some of the most dangerous intersections in Thunder Bay based on the number of collisions reported are:
- Memorial Avenue and Central Avenue: This intersection had the most reported collisions in Thunder Bay from 2017-2019, with a total of 87 collisions.
- Red River Road and Court Street: This intersection had the second-highest number of reported collisions in Thunder Bay from 2017-2019, with a total of 46 collisions.
- Arthur Street and James Street: This intersection had the third-highest number of reported collisions in Thunder Bay from 2017-2019, with a total of 37 collisions.
- Arthur Street and Cumberland Street: This intersection had the fourth-highest number of reported collisions in Thunder Bay from 2017-2019, with a total of 36 collisions.
- Memorial Avenue and Edward Street: This intersection had the fifth-highest number of reported collisions in Thunder Bay from 2017-2019, with a total of 33 collisions.
Total Reportable Collisions in Thunder Bay
According to data from the Thunder Bay Police Service, the number of reportable collisions in Thunder Bay from 2013 to 2021 are:
- 2013: 1,797
- 2014: 1,775
- 2015: 1,806
- 2016: 1,888
- 2017: 1,956
- 2018: 1,927
- 2019: 1,850
- 2020: 1,652
- 2021 (as of September): 1,147
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.
