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Interesting statistics about car insurance in Cambridge

The following facts were compiled from Kanetix users:

  • The percentage of people in Cambridge who lease their vehicle: 8.40%
  • The average yearly price of vehicle insurance in Cambridge for drivers who have had one or more tickets within the past 6 years: $2708

  • The average yearly price of vehicle insurance in Cambridge for drivers who have had one or more accidents within the past 6 years : $2791
  • The percentage of people in Cambridge who have had one or more licence suspensions within the last 6 years: 2.46%
  • The average yearly price of vehicle insurance in Cambridge, for drivers who lease: $1932

Cambridge car insurance information

Cambridge, who's motto is "A fine place for business, a great place to call home", was formed in 1973 when the towns of Hespeler and Preston merged with the city of Galt. The first mayor of the new city, Claudette Millar was at the time, the youngest mayor in Canada.

The city's largest employer is Toyota Manufacturing Canada with a workforce of 4300 people. Other large employers include: Frito-Lay, Babcock and Wilcox, Northstar Aerospace and ATS Automation Tooling Sysems.

Cambridge is home to the University of Waterloo School of Architecture at a picturesque downtown location. The city is also home to the oldest continuously operating public high school. For 150 years, the Galt Collegiate Institute and Vocational School has stood on the East bank of the River and is commonly referred to as the Castle on the Grand.

Cambridge residents might be in luck when it comes to the premiums that they pay for car insurance. This is because smaller cities have fewer cars and fewer accidents so the insurance companies may charge less for auto insurance compared with larger cities. Let us here at Kanetix help you to shop for your car insurance. We can offer you free of charge, personalized auto insurance quotes from the top insurance companies in Canada. We can help you find cheap car insurance Ontario drivers need.

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