How much is car insurance in Cambridge?
The average cost for car insurance in Cambridge is about 75% higher than the provincial average (which is $1,505 according to the Insurance Bureau of Canada). But, since car insurance isn’t a standardized product, each driver's premium will vary.
Which Cambridge postal code has the highest average car insurance premiums?
The Cambridge postal code with the highest car insurance premiums is N3H, according to LowestRates.ca user data.
Which Cambridge postal code has the lowest average car insurance premiums?
The Cambridge postal code with the lowest car insurance premiums is N1R, according to LowestRates.ca user data.
How do Cambridge car insurance rates compare to other cities in Ontario?
Car insurance in Cambridge is on par with Kitchener’s average, but it's 8.95% more than Guelph’s average.
In Hamilton, insurance is 19% more expensive than it is in Cambridge.
Lastly, the average premium in Milton is 28% cheaper compared to Cambridge’s, while Burlington’s is roughly 21% cheaper.
Where do I get the cheapest car insurance quotes in Cambridge?
Many of Canada’s leading car insurance companies serve Cambridge, so you have lots of choices as a consumer. While selecting the right company is important, the rate you’re offered is dependent on your driving and insurance histories as well as your choice of vehicle. Auto insurance companies in Cambridge will be looking at how long you’ve been driving, how old your car is, your driving record, and much more.
What factors affect the cost of car insurance in Cambridge?
There are a number of factors that determine your car insurance rates in Cambridge. Here are some to consider:
- Your mileage
- Your postal code
- Your driving record
- Your age
- Your policy type
As is the case everywhere in Canada, cheap auto insurance for young drivers is hard to come by in Cambridge due to their short driving and insurance histories.
In addition, having previous incidents on your driving record certainly won’t do anything to help your automobile insurance in Cambridge.
You can use LowestRates.ca’s car insurance calculator to figure out Cambridge's best option for car insurance for you.
What are car insurance rates in Cambridge for students?
Cheap auto insurance for students in Cambridge is unlikely, just by virtue of them being new drivers.
That can be helped along by keeping a clean record, choosing the right car, and even taking a driving course.
What are car insurance rates in Cambridge for new immigrants?
If you’ve recently immigrated to Cambridge from overseas or elsewhere, ask your old insurance company to provide a reference to your new Cambridge auto insurance company. You’ll have a better chance at securing a lower car insurance rate because you have proof of your insurance and driving history.
You must trade in your licence from the country you’ve emigrated from within 60 days for an Ontario driver’s license. The provincial government recognizes licences from several countries as equivalent to an Ontario license, which makes your transition smoother and spares you from going through Ontario’s graduated licencing system.
If you’re immigrating from a country other than the ones listed below, you will have to go through Ontario’s graduated licencing system, which means you’ll be considered a new driver.
Here are the countries with which Ontario has a licence exchange agreement:
- Great Britain
- Isle of Man
- South Korea
- New Zealand
- Northern Ireland
- Republic of Ireland
What are car insurance rates in Cambridge for high-risk drivers?
Cheap auto insurance in Cambridge for high-risk drivers is going to be difficult to come by, as it would be anywhere. The more dents you have on your record, the likelier it is that your Cambridge car insurance costs are going to take a chunk out of your budget.
How can I reduce my car insurance premiums in Cambridge?
Besides driving safely and responsibly, it helps to stick with your favourite car insurance broker in Cambridge. A lot of car insurance companies tend to give cheap coverage to customers who have stuck with them for a number of years.