home insurance

Ontario Home and Auto Insurance Rates Soar in 2025: What Homeowners and Drivers Need to Know

Ontario Home and Auto Insurance Rates Soar in 2025: What Homeowners and Drivers Need to Know

Ontario homeowners and drivers are facing steep insurance rate hikes in 2025, with many seeing double-digit increases on their home and auto policies. Driven by climate-related disasters, rising repair costs, and a surge in auto theft, these premium spikes are reshaping household budgets across the province. Discover what’s fueling these increases and learn practical strategies to help manage your insurance costs in this challenging market.