How To Get Cheap Auto Insurance Rates In London, Ontario

We can help you get discounted rates for those who live in London, Ontario

Bethel Insurance Brokers can get you the best rates for your car insurance. We do this by shopping the market for you with those insurance companies that want to insure drivers that live in London, Ontario.

London, Ontario is known as a large city that is able to offer reasonable auto insurance rates to the people in London and the surrounding areas.

We can save you a ton of money!

Check out the companies that we will shop the market for you, so you don't have to. Don't leave money on the table. We can do this annually for you.

London Auto Insurance Rate

The city of London has lower auto insurance rates in certain postal codes. We can help you to find the most competitive rates!

Client Centered

Some factors to determine your London, Ontario Auto Insurance Rate:

 How old are you? Once you are over 25, the rates seem to drop. Also, if you are retired, you will also see a discount.

 Where do you live? The six digit postal code is a factor as well.

 The type of car you drive. Lamborghini's cost a little bit more.

 Your overall driving record. Are you tickets and claims free? Or have you had some bad luck on the road? 

 What deductible do you have? A higher deductible will save you money on your car insurance.

 What is the claims experience for the insurance company? If they are having a lot of claims in that area, they will not want to give competitive rates.

Ontario Car Insurance Coverage

Client Centered

Ontario Car Insurance Policies Cover

 Third party liability

 Medical and Rehabilitation

 Cost to repair or replace your vehicle

Auto Insurance should be unique to each driver and not just based on the cheapest price. 

Get a car insurance policy that is a tailored to your driving needs.


 There are mandatory coverages

 Optional coverages

 And enhanced coverages, so that your policy will respond to your needs in th

Third Party Liability

The first party is you. The second party is the insurance company, and the third party is the outside person.

$200,000 in third party liability is the minimum coverage you must have in order to drive a vehicle in Ontario. You would be hard-pressed to find this as most brokers would start with a minimum of 1 million of third party liability coverage. This is to protect you as well as the brokerage business as most lawsuits usually start at 1 million.

Accident Benefits 

This is where the majority of your car insurance premium goes. Drivers are entitled to medical benefits and expenses, should you get hurt in a motor vehicle accident or even worse, like losing your life.

Medical Payments

There are medical payments for injuries that are considered non-catastrophic. You have up to $65,000 as the standard coverage for non-catastrophic injuries, which can be increased up to $130,000. It may also go up to 1 million for catastrophic injuries.

Funeral Expenses 

There are also funeral expenses for up to $6,000 and optional for $8,000.

Death Benefits 

Death benefits will pay up to $25,000 to your spouse and up to $10,000 to your dependents. The amount can be doubled under both benefits if you choose the increased option. 

Income Replacement 

There is income replacement standard coverage, which is $400 per week, or you can purchase various options for $600, $800, and $1,000 to better reflect your actual income. 

Direct Compensation Property Damage

Someone rear-ends you at a stoplight, and the accident is not your fault. The funds to pay for your car will come from the section.

‎Uninsured motorist

This is painful as there are some drivers who will drive without insurance. Where do the funds come from when someone out there has an accident, and they do not have insurance?

 A small part of your insurance premium goes into this pool. It is not a pretty sight for those who get caught driving without insurance. They will end up with a lawsuit against them for the money paid out on their behalf.


Don't Forget To Get Proper Coverage 



 Accident forgiveness coverage

This coverage is almost mandatory if you qualify by having at least six to eight years without an at-fault accident. There will be forgiveness for the first at-fault accident, meaning that you won't get a significant rate increase. This coverage should be taken if it is available.

 Conviction free protection

Since you obey the speed limit, you should be rewarded. Not only will you get a discount when you are conviction-free, but this also allows you to buy protection, so you can maintain and enjoy the discounts you receive for having a non-moving violation ticket on your record within the last 3 years.

Should you get one or two tickets for three years? Your rate will not increase due to the moving violation ticket. This can be significant as it could save you well over $500 per year of increased premium if you don’t have this coverage.

 Depreciation waiver

Just got a new car? Congratulations! Now drive off a lot, and, unfortunately, your car now just depreciated by 10% to 15%. This means if the vehicle is stolen or destroyed, you will not get back the full value, and there may be a shortfall that would have to be paid back to your lending institution. This endorsement will cover the shortfall, which could be huge.

This protection will last on your new car from 24 to 48 months, depending on the insurance company.



 Collision coverage

This coverage will protect your car should you have an accident. It also covers hit-and-run accidents or claims made against you while driving. You will likely have to pay your deductible, and the insurance company will pay the rest.

 Comprehensive coverage

This coverage is sometimes called fire and theft coverage. It covers vandalism, falling objects, theft, fire, and hail damage.

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