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Car Insurance Toronto

Car Coverage

Mandatory Car Insurance Coverage

When braving traffic on the busy highways in Toronto, or getting caught in the cottage country rush, make sure you have the right coverage. Here is the mandatory minimum you need:

  1. Liability Coverage: If you injure someone or damage property, payments are made on your behalf.

  2. Uninsured Automobile Coverage: Medical costs and damage are covered if an uninsured driver is at fault.

  3. Accident Benefits Coverage: Regardless of who is at fault, medical and other expenses you are entitled to receive are covered.

Enhanced Coverage

Choose one of these options for beyond-the-minimum protection for your car.

  1. Specified Perils: Protects your vehicle from specified perils such as losses caused by fire, floods, hail or theft.

  2. Comprehensive: All other insured damage caused to your vehicle (except collision or upset).

  3. Collision or Upset: Damage to your vehicle caused by a traffic collision with another vehicle or object.

  4. All Perils: The broadest level of coverage — combines Collision or Upset and Comprehensive coverage along with increased theft protection.

  5. Direct Compensation: Damages to your car are covered if you're not at fault.

Special coverage add-ons

We’ve even got you covered for more circumstances.

  • Accident Forgiveness

    With Accident Forgiveness, your car insurance rates won’t go up with your first at-fault or partially-at-fault accident.**

  • Uninterrupted Driving Coverage

    With Grand Touring, you’re covered for rental car insurance, a temporary rental car, and even towing within Canada and the U.S.

  • Removing Depreciation Deduction

    In the event of a total loss, you'll typically get the purchase price of your vehicle as your settlement value1.

Learn more about the Ontario Auto Insurance Reform changes
Learn more about Car Insurance

How to Get a Car Insurance Quote in Toronto

Driving in Toronto may mean that you are headed down Lakeshore, past cyclists and runners on a hot summer day. It may also mean sitting in traffic on the Gardiner Expressway, gazing at the skyline in the distance. When driving your car, feel confident your coverage fits your needs.


As a Torontonian, you will automatically qualify for a 5% discount on eligible coverage† if you complete a car insurance quote using our online quoter right now. The personalized quote will also be emailed to you so you can refer to it at any time. If you want to save on a portion of your future premium, download and use the TD MyAdvantage app!

Keep in mind that premiums may be higher in Toronto and other major urban centres, such as Calgary and Edmonton. Additionally, the minimum car insurance coverage required is determined by the Government of Ontario and may vary in comparison to Alberta, Quebec, New Brunswick, Newfoundland/Labrador, Nova Scotia, and Prince Edward Island.


However, the online quoter will show you some ways you can save. Take advantage of preferred rates for alumni and professionals by selecting up to three eligible groups!

Looking for the right car insurance?

You’ve come to the right place. Get an online quote and we’ll calculate the best car insurance rate with flexible coverage to fit your needs.

Get a car insurance quote today

We can calculate your online car insurance quote in just a few minutes. It’s fast, convenient and easy to complete.

Get a quote

You could save on a portion of your future car insurance premium with TD MyAdvantage

Introducing TD MyAdvantage, a usage-based insurance savings program that is 100% voluntary and free. The safer you drive, the more you could save!

Learn more

Ways you can save

  • Bundle car and home insurance

  • Insure two or more vehicles

  • Drive a hybrid or electric vehicle.


*In order to be eligible for the Buy Online Discount for home or car insurance, you must meet eligibility requirements to buy home or car insurance online and complete your purchase of this insurance online. Note: You may not always be given the option to buy online. This may occur, for example, if information provided requires additional verification or if your purchase must be completed with an advisor based on your specific insurance needs. If you are unable to buy online, we encourage you to call and speak to one of our licensed advisors or let us call you!

Offers may be changed, withdrawn or extended at any time without notice.

• 10% Auto Insurance Savings (Ontario)

10% savings off eligible coverage in the first policy term is derived from a combination of two separate discounts:

• a 5% Digital Discount for completing the auto insurance quote online, applied when the auto insurance purchase is also completed online. The Digital Discount will continue to be applicable upon policy renewal.

And

• 5% Buy Online Discount in the first policy term for completing the auto insurance purchase online.

Both the Digital Discount and Buy Online Discount are applicable to premiums charged for each of the following coverages: Bodily Injury, Property Damage, Accident Benefits, Uninsured Automobile, Direct Compensation - Property Damage, All Perils, Collision, Comprehensive, Specified Perils, and OPCF 44.

**Your auto insurance premium may increase for reasons unrelated to the collision.

1This coverage is available June 10, 2021. In the event of a total loss, we will pay the lowest of the following amounts:
  • The actual purchase price of the vehicle and its equipment;
  • The manufacturer's suggested listed price of the vehicle and its equipment on the original date of purchase; or
  • The cost of replacing the vehicle that is a total loss with a new vehicle with similar specifications or equipment and accessories (criterion applicable in Ontario and Quebec only)

Mailing address:
TD Insurance (Corporate Secretariat)
50, Place Crémazie
12th Floor
Montreal (Quebec) H2P 1B6