How Much Is Insurance Cost For A G2 Driver In Ontario

By Remitbee - May 4, 2022

Congratulations on passing the G2 test and receiving your G2 license. However, there are a few things to consider before getting into your car and driving off. The first is that you require insurance.

As a G1 driving license holder, you didn't need one, but with a G2 license, you’ll need insurance. Mostly because you’ve become an independent driver at this point. Let’s find out how much insurance will cost you as a G2 driver.

What Is The Actual Cost Of Insurance For A G2 Driver?

G2 drivers are often younger drivers, ranging from 16 to 24 years, who have recently graduated from a G1 driving position. Due to their lack of driving experience, their insurance rates are higher.

A G2 driver's insurance rates will normally be 25 percent to 50 percent higher than a G driver's. Given that the typical driver in Ontario pays $1,444.92 per year, a G2 driver can expect to pay between $1,806.15 and $ 2,167.38 per year.

The high rate is because most insurance companies consider G2 drivers "high risk." They don't have as much road experience as people who have been driving for a long time. Accidents are more likely to happen to newer drivers. They can't deal with things like vehicles braking suddenly, people and animals crossing the road unexpectedly, etc.

The higher rates compensate for, the higher risk posed by such circumstances. The good news is that as you gain more driving experience, your premium rates go down. For experienced drivers, the majority of insurance firms will offer lower premiums.

How Can I Reduce Insurance Rates As A G2 Driver?

Because G2 drivers' insurance rates are often higher, it's important to know the various ways you can lower your insurance rates. Here are a few suggestions:

Compare the insurance rates for different vehicles: The insurance costs differ depending on the vehicle. You can find a list of insurance rates for various vehicles on comparison websites. You have the choice of picking a vehicle with lower insurance rates.

Use an insurance comparison site: Insurance comparison websites will assist you in comparing the various rates offered by various insurance providers. You can select the one that is most cost-effective for you.

Training discounts: Different insurance companies offer discounts to G2 drivers who take and complete a driver’s education course. The course must be from a government-approved driving school government-schools.

Good grades: Some insurance companies can give you discounts if you are a student with good grades. You must have a "B" average or a GPA of 3.0 or higher to earn good grades. If you're a student, the best thing to inquire about and know which companies offer good grades discounts.

Parent or guardian makes you their secondary driver: Your parent or guardian can request secondary coverage from their insurance company. The insurance provider adds a small fee to your parent's policy when you use the vehicle. This method is less expensive than purchasing your G2 policy separately.

Frequently Asked Questions?

Which factors can determine your car’s insurance rates?

When looking for a car insurance policy, you'll notice that the rates vary. The following are the determining factors: Gender: Women are more cautious drivers.

  • Type of vehicle you drive:

The rate is higher if the vehicle you drive is more likely to be stolen, expensive, financed, or leased. Usage of winter tires: Insurance companies give lower rates for car owners who use winter tires as they reduce the likelihood of accidents.

  • Age:

Drivers between the age of 16 to 24 tend to cause more accidents due to inexperience. Location: Drivers in cities are more likely to be involved in accidents, resulting in higher insurance rates.

  • Vehicle usage: People who use their cars for business purposes pay more for insurance than for personal reasons.

  • With a G2 license, can I now buy a car?

In Ontario, you can buy a vehicle at any age. However, to operate the vehicle independently, the vehicle must have proper insurance, and you must have a G2 license.

Your auto insurance is required, or your guardian or parents must ensure the vehicle is in their name.

Is it okay for a G2 holder to drive without insurance?

Yes, a G2 holder can drive a vehicle without insurance if they meet the following criteria:

The G2 license holder doesn’t violate the government's imposed restrictions for G2 holders.

  • The person has the vehicle's owner's consent.
  • They have not been excluded from the coverage by the vehicle's owner.
  • The holder only drives the vehicle occasionally and not regularly.


Getting a G2 license is exciting for new drivers because it gives them greater freedom. Following all of the government's regulations, on the other hand, is always a good idea. Before you hit the road, keep in mind that you must be covered by insurance and drive safely.

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