Buying a Car in Ontario?

Check the Insurance Before You Buy the Car.

Comparing two or three vehicles? Verdant can help you compare the insurance cost before you make your final decision.

Car buyer comparing a vehicle at a dealership before purchasing
Compare multiple Ontario insurers before delivery

The cheaper car isn't always cheaper.

Insurance can vary significantly between vehicles. Compare your vehicle payment and insurance together before signing.

Vehicle A
Vehicle payment $750/mo
Insurance $240/mo
Total $990/mo
VS
Vehicle B
Vehicle payment $700/mo
Insurance $410/mo
Total $1,110/mo

Illustrative example only. Actual premiums vary by driver, vehicle, coverage, insurer and other rating factors.

Customer discussing a vehicle purchase with a dealer

Why can two cars have very different insurance prices?

The purchase price isn't the whole story. Insurers also consider the vehicle's claims experience and other characteristics.

Repair Costs

Cameras, sensors and modern parts can make repairs expensive.

Theft Risk

Some makes and models experience higher theft losses.

Claims History

Claim frequency and average loss costs can differ by vehicle.

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Vehicle Value

Repair and replacement costs can influence the premium.

Choosing between two or three cars?

Send us the vehicles you're considering. A Verdant broker can help you compare the insurance cost before you decide which one to buy.

Vehicle 1 2026 Lexus NX
Vehicle 2 2026 BMW X3
Vehicle 3 2026 Audi Q5

Compare before you commit.

1

Pick your vehicles

Send us the year, make, model and trim of the vehicles you're seriously considering.

2

We compare

A broker reviews available insurance options using your driver and vehicle information.

3

Buy with confidence

Know the insurance cost before you take delivery of your vehicle.

Car buyer inspecting a vehicle at a dealership before purchase

Already found the car?

Don't wait until delivery day to find out what it costs to insure. Start comparing before you pick up the keys.

Ontario Auto Insurance

Before you buy.

Can I get a car insurance quote without a VIN?

Often, yes. An initial quote can often be prepared using the vehicle's year, make, model and trim. The VIN may be required before coverage is finalized.

Do I need insurance before taking delivery?

You need appropriate insurance in place before driving the vehicle. A dealer, lender or leasing company may also require proof of insurance before releasing it.

Can Verdant compare more than one vehicle?

Yes. If you're choosing between multiple vehicles, provide the details for each one and a Verdant broker can help compare available insurance options.

Is a new car always more expensive to insure?

No. Vehicle age is only one factor. Repair costs, theft exposure, claims experience, your driving profile, location, coverage and insurer can all affect the premium.

Insurance eligibility, coverage and pricing vary by insurer and individual circumstances. This page provides general information only.