What it costs by city
Ontario rates on where the vehicle is parked overnight, and the spread is larger than most people expect. These are estimates for a full G licence, 10+ years licensed, no claims or tickets, 2023 model year, $1,000 deductible, winter tires.
| Where it's parked | Estimated annual premium |
|---|---|
| Brampton | $3,870 – $6,190 |
| Scarborough | $2,940 – $4,700 |
| North York | $2,630 – $4,210 |
| Mississauga | $3,760 – $6,010 |
| Toronto (central) | $2,350 – $3,760 |
| Markham / Richmond Hill | $2,430 – $3,890 |
| Hamilton | $2,130 – $3,410 |
| Oakville / Burlington | $1,920 – $3,080 |
| Barrie | $1,820 – $2,920 |
| Kitchener / Waterloo | $1,770 – $2,830 |
| London | $1,770 – $2,830 |
| Ottawa | $1,720 – $2,750 |
| Kingston | $1,620 – $2,600 |
| Sudbury | $1,570 – $2,520 |
| Rural Ontario | $1,680 – $2,680 |
Estimated annual premium by area for a clean full-G driver. Pink is the highest-rated territories, green the lowest.
Highlighted row is the provincial mid-point for reference. Run your own numbers on the insurance cost estimator.
Why the F-150 rates the way it does
Pickups rate higher than most people expect, and the F-150 combines three loadings at once: a high replacement cost, expensive body repairs on aluminium panels, and a serious theft problem in Ontario.
It's also a heavy vehicle, which raises the damage it causes to others — that feeds the liability portion.
Aluminium body panels on recent generations are materially more expensive to repair than steel, which insurers price in.
How model year changes it
A newer F-150 costs more to insure because it costs more to replace. Same driver, same city (Mississauga), different model years:
| Model year | Typical value | Estimated annual premium |
|---|---|---|
| 2026 | $55,000 | $4,210 – $6,740 |
| 2023 | $39,500 | $3,760 – $6,010 |
| 2020 | $29,000 | $3,610 – $5,780 |
| 2016 | $18,500 | $3,190 – $5,110 |
| 2012 | $18,000 | $2,990 – $4,780 |
This is why a slightly older vehicle can be cheaper twice over — lower purchase price and lower premium.
How your record changes it
Same F-150, same city, different drivers. This is usually a bigger swing than the vehicle choice itself:
| Driver | Estimated annual premium |
|---|---|
| Clean record, 10+ years licensed, full G | $3,760 – $6,010 |
| G2 licence, 1–2 years licensed | $6,220 – $9,960 |
| One at-fault claim in the last 6 years | $5,040 – $8,060 |
| Full G, 3–5 years licensed, clean | $4,510 – $7,220 |
If you've had an accident, the fault and premium calculator estimates what a specific claim does at renewal.
Cheaper alternatives worth comparing
If insurance cost is part of your decision, these tend to rate lower for the same driver:
| Vehicle | Why it's cheaper |
|---|---|
| Ford Ranger | Smaller pickup, lower value, less theft exposure |
| Toyota Tacoma | Lower replacement cost |
| Ford Maverick | Cheapest pickup to insure by some margin |
| Chevrolet Silverado | Comparable but occasionally cheaper |
The estimator compares body styles side by side using your own profile.
How to pay less on this vehicle
- Shop it properly. The single biggest lever. Quotes for the same driver on the same F-150 routinely differ by 50% or more between insurers.
- Winter tires. Ontario insurers are required to offer a discount when they're fitted.
- Telematics. A usage-based app is usually the largest single discount available.
- Bundle. Even a tenant policy usually discounts both.
- Raise the deductible — only if you could absorb it after a claim.
- Check OPCF 43 if you're buying new. On a total loss it pays original purchase price instead of depreciated value.
Build the coverage and see what each endorsement costs on the protection builder.