In Ontario, what factor is NOT considered when setting your auto insurance premium?

When determining your auto insurance premium in Ontario, several key factors are taken into account. One of the primary considerations is the driving record, as it reflects a driver's past behavior on the road, including any accidents or violations, which can indicate the level of risk they present to the insurer. Age is also significant since statistical data shows that different age groups have varying accident rates, with younger drivers often facing higher premiums due to their relative inexperience.

The make and model of the vehicle plays a crucial role as well, since different vehicles come with varying levels of risk for theft, repair costs, and safety ratings, all of which influence the premium.

However, while education level can be a factor in some insurance settings, it is not a standard criterion used in Ontario for setting auto insurance premiums. Insurance companies focus primarily on risk-related aspects that directly correlate with driving behavior and vehicle characteristics, making education less relevant to determining the potential for insurance claims. Thus, it is the factor most likely to be excluded from standard premium calculations in this context.