London auto insurance: compare quotes
With a population of 383,437, London is the fifth largest city in Ontario (2016 census). Located within two hours of three separate U.S. border crossings — and within two hours of the busy Toronto-Waterloo corridor — London is no stranger to busy highways and major throughways. As one of southwestern Ontario’s most central travel hubs, London sees traffic from major provincial arteries like Highway 401 and Highway 402, as well as smaller highways such as Highway 2 and Highway 4. London is also home to two major post-secondary educational institutions — Western University and Fanshawe College — which makes it a destination for many of the province’s young drivers. Whatever the reason for driving in and around London, motorists can rest assured knowing they have access to the best auto insurance rates with Surex.
Latest London News
At Surex, our three-step process will ensure that you end up with the best car insurance available in London. Here’s how it works:
Personalized insurance quotes: Surex will capture some of your basic information — either by phone or online — and then shop the market for you. In under 10 minutes, you’ll have up to 10 personalized insurance offers to choose from.
Customize your offers. Once you receive the initial quote, you can edit your information and compare quotes to find the best overall value.
Purchase and manage 24/7. Once you’ve selected a quote & reviewed the policy with your dedicated assistant, you can electronically sign documents to receive an instant proof of insurance. If you’d rather speak with with someone we will connect you with a Dedicated Insurance Assistant to walk you through all the options and answer any questions you might have. Once finished, your documents will arrive in the mail and you can manage your policy 24/7 with our ‘My Surex’ login feature.
Highway bound. Whether it’s the mighty Highway 401, or the series of smaller highways that criss-cross the region, driving in London means getting comfortable in and around busy highways. As with any high-speed high-traffic routes, always give yourself lots of time to account for congestion, accidents, detours, or poor driving conditions.
Snow belt. London is situated in the heart of Ontario’s major ‘snow belt’. This means that the lake effect generated by the surrounding Great Lakes results in higher annual snowfall in London than in many of the surrounding cities and towns. In London’s harsh winters, all of the usual winter driving tips are especially important to follow: install approved winter tires, drive slowly and with caution, keep a snow scraper and an emergency kit in your vehicle, consider getting a roadside assistance coverage package, avoid using cruise control (especially in icy conditions), and learn how to handle skidding.
Pay extra attention at intersections. London is full of busy intersections, many of which see high rates of vehicular and pedestrian accidents. Commissioners and Wellington — one of the city’s busiest intersections — is especially prone to accidents. Whether you’re on foot or operating a vehicle, approach junctures with a high degree of caution.
Mind the construction. London’s downtown is undergoing a major (and overdue) overhaul. While the city’s aged infrastructure gets rejuvenated, drivers should be mindful of detours, closed routes, narrowed lanes, overhead construction, congestion, construction workers, and slower driving conditions. Construction can be frustrating to navigated with a vehicle, but when it comes to driving, cooler heads always prevail.
One-way streets. London has its fair share of one-way streets and avenues, often serving to calm traffic in residential areas and around the downtown. If you’re not familiar with London, use a GPS device to help you navigate the city’s tricky routes. If you are familiar with the city, always be mindful of traffic flow, pedestrian crossings, speed bumps, and other traffic-calming measures.
Review your policy annually. The car insurance rates in London can change regularly, as can your driving and living situation, so the single most important way to be sure you’re paying the lowest amount possible for car insurance is by going online and comparing the rates offered by different insurance providers. It only takes a few minutes to get an updated quote each year — but make sure you do it prior to your policy renewing. Comparing car insurance rates is easy, free, and can result in major savings to your annual premium.
Consider insurance when selecting a vehicle. Many new vehicles come equipped with the latest safety technology, which can attract safe drivers and result in insurance discounts. Other new vehicles attract ‘sportier’ drivers and are more likely to be stolen, resulting in insurance companies to view them as high-risk — and as such, can be more expensive to insure. It’s important to consider insurance when selecting a new vehicle. Take a few minutes to run multiple vehicle scenarios on a rate comparison like Surex to get an idea of how much you would pay for different makes and models.
Investigate discounts. Drivers are often unaware of how many auto insurance discounts are available. When speaking to your Personal Insurance Assistant, be sure to ask about what discounts you qualify for. Some of the discounts to consider include: Conviction-Free, Car Safety Technology, Driver’s Education, Good Student, Private Garage Parking, CAA Membership, Eco Vehicle, and Early Renewal.
Discounts for certain professions. Are you a nurse or teacher? Police officer or pilot? Retiree? Be sure to let your Dedicated Insurance Assistant know what you do for a living, and you may be pleasantly surprised to find that you qualify for discount to your premium. On the flip side, if insurers view your occupation as ‘high-risk’, there’s a chance your premium could see a rise in price, so be prepared for that as well.
- Springbank Park
- Gibbons Park
- Medway Valley Heritage Forest
- CF Masonville Place
- White Oaks Mall
- SmartCentres London Northwest
- Banting House National Historic Site
- Storybook Gardens
- Eldon House
Questions to ask your Dedicated Insurance Assistant:
Car insurance in London can be expensive — which is why is so important to do everything possible to lower your rate. Some ways to find lower car insurance include shopping around for the most competitive rates on sites like Surex, bundling insurance policies with the same company, asking a Dedicated Insurance Assistant about discounts, paying for the annual premium in one lump sum, signing up for telematics (or usage-based insurance), lowering the amount of kilometres driven annually, and only paying for coverages that are needed.
Technically, yes, because car insurance follows the vehicle, not the driver. So if you don’t have an insurance policy of your own, and you borrow your friend’s car, you can drive it with the protection of their insurance policy. However, car owners should keep in mind that if an accident occurs while their car is being loaned to another driver, if will affect the car owner’s premium (not the premium of car-borrower). So be sure you trust anyone that you lend your vehicle to — their mistake could cost you for years.
Car insurance rates in London, Ont., are determined by insurance companies examining a number of factors, some of which are in the control of the driver, some of which are not in the control of the driver. These factors include driver information (age, gender), the city in which the driver and car reside, driving history, vehicle make and model, the type of insurance coverages selected, the occupation of the driver, government regulations, and the purpose and usage of the vehicle.
Because newer vehicles are more costly to replace, they can sometimes cost more to insure than older vehicles. But that’s not always the case. Factors such as new safety technology and the ease of finding replacement parts mean that newer vehicles can actually be cheaper to insure than difficult-to-repair and less safe older models. The important thing to remember is that insurance companies are more concerned with the make and model of a vehicle than the age of a vehicle. This is because vehicle types tend to attract certain kinds of drivers, and drivers are key factors in assessing risk and determining rates.
London drivers are required to have a minimum of $200,000 worth of Third Party Liability Coverage, which protects them against any damages they may cause to third party in an at-fault accident, in addition to Statutory Accident Benefits Coverage, Direct Compensation & Property Damage Coverage, and Uninsured Automobile Coverage. Beyond the mandatory insurance coverages, London drivers can opt to add a number of coverages to their auto insurance policy, such as Collision and Comprehensive, which will keep them covered against a range of perils and damages that are unrelated to a vehicle accident, such as vandalism, theft, or certain weather-related damages.