PC® auto insurance finds you coverage in London
As a resident of London, PC insurance helps find car insurance coverage that’s right for you. We guide you through what’s included in various insurance policies, offer professional advice, and even help you submit a claim. Get an online quote in minutes or call us to speak to one of our insurance specialists today.
Get the right insurance coverage for you.
As your insurance broker, we compare up to eight different auto insurance providers to find affordable rates in your city.
What mandatory coverage do I need to have in London?
To legally drive a vehicle in London and other parts of Ontario, there are four mandatory coverages that your auto insurance policy must include.
Covers you if you are involved in an at-fault accident where the other driver files a lawsuit against you.
Covers anyone injured in your vehicle, including yourself, in an accident.
Direct compensation damage
Covers any damage to your vehicle in an accident when you are not-at-fault or only partially at-fault as deemed by the insurance provider.
Covers you in case you're in an accident with an uninsured or hit-and-run driver.
What optional coverage does PC auto insurance recommend?
Collision & Upset
This type of car insurance may cover damage caused to your vehicle by impact with another car, roadside object or any damage sustained in a roll-over.
If you’ve never been found at-fault for an accident, this coverage may protect you from increases to your premiums resulting from your first at-fault accident.
In the case of an accident with an uninsured or underinsured driver at fault, you or a member of your family may be covered.
What affects the cost of auto insurance in London?
While it’s a given that safer drivers with fewer claims get lower rates, there are many things car insurance companies consider when determining your rates:
Certain types of vehicles are cheaper to insure than others. Aside from the car’s make and year, there are also other risk factors such as its likelihood of getting stolen, safety rating and the cost to repair or replace it entirely.
How you use your vehicle and how often you drive can affect your auto insurance rate. Consider setting up Usage-Based Insurance (UBI), also known as pay-per-mile, to monitor your driving habits and adjust your premiums based on how well you drive.
Younger drivers typically pay higher insurance premiums than older ones because they are less experienced and statistically tend to demonstrate more risky behaviours on the road.
Your location affects your rates. Densely populated areas tend to bring in more claims than rural locations. Residents of downtown London may pay higher rates than those who live on the outskirts.
How can I lower my auto insurance premium?
While having auto insurance is mandatory in London as well as other parts of Ontario, you can control aspects of your insurance cost. Providers largely determine their rates based on the driver’s risk to insure – taking advantage of their incentives can help lower your rates.
Take anti-theft measures
Where you live and the frequency of crime in your community will affect your rate. Taking proper preventative measures for car theft can help lower your insurance premiums. Consider installing a simple steering wheel lock or an advanced anti-theft system.
Use winter tires
Drivers in London and other parts of Ontario are eligible for a reduced auto insurance rate if they install winter tires on their vehicle(s) during the colder months of the year.
Install a dashboard camera
While installing a dashboard camera won’t impact your auto insurance rates, it may help you settle claims with real-time footage of accidents and help preserve your driving record and premiums.
Bundle insurance policies
Some insurers offer bundling discounts with your auto insurance. In fact, you can save up to 20% on both your home and auto insurance if you decide to bundle them together with the same provider through PC insurance.
Take a driving course
Completing an accredited driver’s education course, may give you a discounted auto insurance rate.
Never been convicted for a driving infraction? You could qualify for a discount.
How will adding a new G1/G2 driver to my insurance affect my rates?
While it’s certainly exciting, the thought of having a new driver in your car can be worrying. But with PC auto insurance, you can get coverage for your family member by adding them to your existing car insurance policy:
What are the most popular vehicle brands in London?
Among the users who have gotten an auto insurance quote from PC insurance, the top 8 most popular car brands in London are:
Who shops for auto insurance in London?
Average annual mileage
% of customers with a driving infraction
% of customers with a previous auto insurance claim
Average # of years previously insured
Who sets car insurance rates in London?
Whether it’s licensing insurance companies or regulating insurance premiums, car insurance in London and the rest of Ontario is governed by the Financial Services Regulatory Authority of Ontario (FSRA). Changes to existing rates or creation of new insurance plans must be submitted to FSRA for consideration. The FSRA accepts or rejects rates based on the coverage offered to drivers versus the amount a rate must be to stimulate competition.
Earn 2X PC Optimum™ points on your PC Financial® Mastercard®
When you pay your PC auto insurance premium with the PC Financial Mastercard®, you earn 2X the regular PC Optimum points. These points are redeemable for free groceries, beauty, fashion, and more at participating stores. Minimum redemption is 10,000 PC Optimum points (worth $10 in free rewards).
Visit pcoptimum.ca for details and full store list.