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University Student

As a university student in Ontario, you may be eligible for discounts on your car insurance. Some insurance companies offer a good student discount for those who maintain a high grade point average, as well as discounts for completing a defensive driving course or for being under the age of 25.

In order to find the most affordable car insurance for university students, it’s important to compare quotes from multiple insurance providers and to choose a policy that meets your needs. Factors that can impact the cost of your insurance include your age, driving experience, the type of car you drive, and the level of coverage you choose.

Additionally, as a university student, you may be able to reduce your insurance costs by choosing a higher deductible or by taking advantage of available discounts, such as those for multiple vehicles or for bundling your car insurance with other types of coverage.

Ultimately, the cost of car insurance for university students in Ontario will depend on a variety of factors, so it’s important to compare quotes and to choose a policy that provides the coverage you need at a price you can afford.

Why Are University Students Charged Higher Car Insurance Rates?


University students may be charged higher car insurance rates for several reasons:

  1. Age and experience: Younger drivers, particularly those under the age of 25, are generally considered higher risk by insurance companies. This is due to their lack of driving experience and a higher likelihood of being involved in an accident.
  2. Driving habits: University students are often in the process of establishing their driving habits, which can be a concern for insurance companies. This includes habits like driving late at night, texting while driving, and engaging in other dangerous driving practices.
  3. Type of vehicle: University students may also be more likely to drive sportier, more expensive vehicles that are considered higher risk by insurance companies.
  4. Claims history: University students may have little to no driving or claims history, which can make it difficult for insurance companies to determine their risk level.

These factors, along with others, can contribute to higher insurance rates for university students. However, there are also discounts available to help offset these higher costs, such as good student discounts, discounts for completing a defensive driving course, and discounts for being under the age of 25. By taking advantage of these discounts and shopping around for the best car insurance rates, university students can find an affordable policy that meets their needs.

How Can Parents Help Their University Students Get Insurance Discounts?


Parents can help their university students get insurance discounts by:

  1. Encouraging safe driving habits: Encouraging safe driving habits, such as avoiding texting while driving, driving the speed limit, and avoiding reckless driving behaviors, can help university students qualify for good driver discounts.
  2. Encouraging a defensive driving course: Encouraging your university student to take a defensive driving course can help them get a discount on their insurance rates, as well as teach them important driving skills.
  3. Adding them as a secondary driver: Adding your university student as a secondary driver on your existing insurance policy can help reduce their insurance costs, as long as they have a good driving record.
  4. Shopping around for insurance: Parents can help their university students compare different insurance quotes and find the best policy for their needs.
  5. Maintaining a good driving record: Maintaining a good driving record and avoiding accidents, tickets, and other incidents can help university students qualify for the best insurance rates over time.

By taking these steps, parents can help their university students get the best insurance rates and discounts, and protect them while they are on the road.

List of Cheapest cars to insure for University Students in Ontario

university student

It is difficult to provide a definitive list of the cheapest cars to insure for university students in Ontario as insurance rates can vary depending on a variety of factors, such as the student’s driving record, location, age, and the make and model of the car. However, generally, smaller and more modestly priced cars with good safety ratings and low theft rates tend to have lower insurance rates.

Here are a few car models that are often considered to be some of the most affordable to insure:

  1. Honda Civic
  2. Toyota Corolla
  3. Mazda3
  4. Hyundai Elantra
  5. Subaru Impreza
  6. Kia Forte
  7. Nissan Sentra
  8. Volkswagen Jetta
  9. Ford Focus
  10. Chevrolet Cruze

It is important to note that these are general examples and that university students should compare insurance quotes for different car models before making a decision. Additionally, factors such as the student’s driving record and location can have a significant impact on their insurance rates, so it is best to speak with an insurance provider directly to get a more accurate estimate.

University students who feel confident in their Insurance coverage have peace of mind in knowing that they can drive their vehicles with confidence. Being insurance savvy helps with this while at the same time helping to save money which is a big bonus for any student.

Keeping up with the Insurance regulations is also a must for every University student who is responsible for their own insurance needs.

About the Author: Ashley Miller

Ashley is an insurance content professional and very knowledgeable on all related subjects. Ashley has over 12 years of insurance content writing experience working with various insurance companies throughout her career.