The savings is only applied to the cost of insurance. Each product must be separately underwritten. The savings are applicable to RBC Insurance clients who purchase through or have at least two of the following RBC insurance policies currently in force: home insurance, auto insurance or RBC Simplified® Term life insurance policy. This offer can’t be combined with any other offer and may be changed or cancelled without notice. Certain conditions apply.

By entering my driver's licence number, I authorize CAA Insurance to retrieve prior insurance history for myself to provide me with a faster, more accurate quote. I understand this information will be handled in accordance with the Privacy Policy and Terms of Use of CAA Insurance.By clicking on "Get Started" you agree to the CAA Insurance Privacy Policy and Terms of Use.
A bit of a history lesson: Google introduced its online shopping comparison website Google Compare in the U.K. three years ago. Google Compare is available in the U.S., although currently all you can search for is credit cards. Google is keeping mum on its possible entry into the auto insurance space. However, Google has already been licensed to sell auto insurance in more than 26 U.S. states after working on the project for the past two years, according to Forester Research blogger Ellen Carney.
Not all collisions affect your insurance rates, but crashes where you’re deemed at fault will drive up your premiums. Insurers care about your three-year driving record, because that’s how long convictions stay on your driving record. A single speeding ticket may not have a huge impact on your premiums, but repeated infractions could cost you – and serious driving crimes that result in court convictions can really hit hard.
The first is when you insure more than one car together on the same policy. So if you or your family have more than one car, you can save on the total insurance payments by having them bundled together on the same policy. The second is by combining multiple types of insurance. Most insurance companies offer savings when you bundle your car and home insurance on one policy, and some even offer additional bundling options for things like boats, jewelry, and more.
When it comes to auto insurance, especially auto insurance in Ontario, many people question whether or not there’s really a way to save money on it. There is! While there are many ways to save, none are more effective than shopping around. How can we be so sure? Well, on average, InsuranceHotline.com shoppers save $450* after comparing car insurance quotes on our site. And, all it takes is a few minutes to compare quotes from our network of over 30 insurance providers. 
No consideration of your driving experience: Some insurers will accept the fact that you can buy car insurance (with a newly received Canadian driving licence) but will treat you like somebody who has just got a driving licence and has no driving experience. If you are a young driver in Ontario, your rates can reach $250-$350 per month – not a very attractive scenario!
Limited waiver of depreciation: This coverage protects against the loss of value or depreciation of a new car if, as a result of an accident, your car is beyond repair and must be replaced. This coverage is only available during the first two years of a vehicle lease or ownership. You could receive an amount up to the price you paid for the vehicle or the manufacturer’s suggested price. You can only add this endorsement if you have insured your vehicle with Collision and Comprehensive coverage, Collision and Specified Perils coverage or All Perils coverage.

Getting married? Moving? Adding a teen driver to your policy? Make sure your insurer still offers you the best deal: As your life changes, so will your auto insurance rates which means your current insurer may no longer be the one who offers you the most affordable coverage. At minimum, you should be putting your insurer’s auto insurance premiums to the test every year by shopping around.
Limited waiver of depreciation: This coverage protects against the loss of value or depreciation of a new car if, as a result of an accident, your car is beyond repair and must be replaced. This coverage is only available during the first two years of a vehicle lease or ownership. You could receive an amount up to the price you paid for the vehicle or the manufacturer’s suggested price. You can only add this endorsement if you have insured your vehicle with Collision and Comprehensive coverage, Collision and Specified Perils coverage or All Perils coverage.
Young drivers, those under 25 years of age, can expect to pay considerably more for auto insurance in Ontario. The younger the driver the higher the premiums tend to be. Statistics show that young drivers are much more likely to have traffic violations and be involved in car collisions, probably partly due to lack of driving experience. Auto Insurance companies in Ontario take that into account and as a result charge young drivers much higher premiums to compensate for the risk of insuring them.

In Alberta, Ontario, the Atlantic provinces, and the territories, there are only private insurers. In British Columbia, Manitoba, and Saskatchewan, basic auto insurance is available from the government and additional coverage is available from private insurers. Quebec, on the other hand, has is it's own unique regulations - public insurance covers injury or death while private insurance covers property damage.


We make the online process for obtaining your best deal on auto insurance simple. Just click on Need a Quote?, and complete our convenient form. Tell our online agent your preferred method of contact via phone number or email address, select the type of vehicle insurance quote you need, enter any message and submit. If you provide the type, year, make and model of your vehicle and describe how the vehicle is primarily used (e.g. - miles driven to work, recreational uses, approximate daily mileage, etc.), our online auto insurance agent can provide a prompt response. For even more affordable car, truck, RV, ATV or boat insurance rates, be sure to mention any anti-theft devices or special safety features.

*60% of Kanetix customers in Ontario who participated in the survey said Kanetix helped them identify an average savings amount of $776.58 (December 1, 2015 - February 29, 2016) on their car insurance. The cited amount represents the average difference between the best quote obtained at www.kanetix.ca and the current premium amount of participants in the survey. The savings amount varies by individual and does not constitute a guarantee; in each individual case, the difference may be smaller or greater than the savings amount cited.
What the above facts help illustrate is that, quite simply, Toronto is a big, busy city with lots of cars on the road. This translates to lots of driving and lots of traffic congestion, which can lead to accidents - especially multi-vehicle accidents. Factor in pedestrians, cyclists, and public transportation (TTC), and there is no shortage of things that drivers need to pay attention to when behind the wheel.
Pay-as-you-drive: Some insurance providers can reduce your insurance premiums based on your driving profile (capturing data via a special device added to your vehicle). Insurance companies like Desjardins Insurance or Industrial Alliance attract customers promising cheaper vehicle insurance premiums if you can demonstrate that you are a safe driver.
Raising the deductible limits on collision and comprehensive coverage lowers monthly insurance premiums. By taking on more financial responsibility in the case of an accident, a driver lowers day to day costs. A driver must be ready, however, to absorb these costs if an accident occurs. Note that in some cases where a driver is not at fault, other insurance provisions or companies may cover some or all deductible amounts. Check with your agent or broker to determine what applies to your specific policy.
Other insurance conditions may arise depending on the type of vehicle, its use, and any customizations or modifications made to the vehicle. For example, if you have altered your vehicle to enhance its performance or appearance, most insurance companies would need to assess the vehicle to determine if they could insure it. If you plan on modifying your vehicle, call us first! We will let you know if the changes you plan on making could have an impact on your policy.
×