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The 9 best car insurance comparison sites in Canada

By Houda Zaoui | Published on 01 Jun 2023

best car insurance comparison sites in Canada

    Canada is a vast country, so driving is often the best way to get around. However, with the constant hustle and bustle of everyday life, finding time to shop around for car insurance can be challenging. Thankfully, car insurance comparison sites have made it easier for Canadians to find the best deals on their car insurance policies.

    Why compare car insurance rates in Canada?

    Car insurance is a mandatory requirement for all drivers in Canada. It provides protection and financial support in case of accidents, theft or damage to your vehicle. However, with so many insurance providers in the market, how can you find the right policy to match your needs and budget? That’s where comparing car insurance rates come in.

    When you compare car insurance rates, you can ensure that you get the best coverage at a reasonable price. It allows you to make an informed decision based on your personal requirements and preferences.

    The importance of shopping around for the best deal

    Obviously, shopping around for car insurance often delivers the best deal since insurance rates can vary significantly from one provider to the next. Therefore, you only get the best deal by comparing rates from multiple insurance providers.

    Moreover, different insurance providers offer various coverage options, discounts and benefits. With a little research, you can explore these options and choose the policy that suits you the most.

    Additionally, some insurance providers may have specific criteria for setting their rates, such as your age, driving experience and location. By looking at multiple providers, you can identify which factors affect your insurance rates and take steps to improve them.

    How comparison sites can save you time and money

    Car insurance comparison sites make it easy to compare rates from multiple insurance providers with just a few clicks. Not only does this save you time, but it can also save you money on your policy.

    Comparison sites allow you to enter your personal information and vehicle details once then receive quotes from several insurance providers. You can review these quotes side by side and choose the policy that offers the best value for your money.

    Moreover, some comparison sites offer additional tools and resources, such as customer reviews and ratings. You can also contact the insurance providers directly through the comparison site to get more clarity about their unique offers.

    Overall, comparing car insurance rates gives you a smart and practical way to save money and get pertinent coverage. By browsing comparison sites, you can find the best deal and drive confidently, knowing that you’re protected on the road.

    Factors to consider when choosing a car insurance comparison site

    Not all auto insurance comparison sites work equally well. When choosing a site, you have several factors to consider;

    Ease of use and navigation

    A good comparison site should make it easy to find what you need, even for those who are not tech-savvy. It should have a clear and simple layout, with all the necessary information presented in a straightforward manner. This will help you save time and avoid confusion.

    Range of insurance providers and quotes

    You’ll also want to consider the range of insurance providers and quotes offered by the comparison site. The more insurance providers and quotes a site surfaces, the better your chances of finding the best deal. A good comparison site should provide a wide range of options, so you can see different policies and prices.

    Customer reviews and ratings

    Customer reviews and ratings can deliver valuable insights into the quality of services provided by a car insurance comparison site. Before choosing one, read reviews and ratings from other customers. This will help you get a sense of the site’s strengths and weaknesses – and whether it’s a good fit for your needs.

    Additional features and tools

    The best auto insurance comparison sites often provide additional features and tools that can help you make an informed decision. These features may include a coverage calculator to help you determine the right amount of coverage based on your circumstances. Some sites may also offer a FAQ section to answer common questions about car insurance policies and coverage.

    Ultimately, the best car insurance comparison site for you will depend on your individual needs and preferences. By considering these factors, however, you can find a site that helps you save money on your car insurance policy.

    Top car insurance comparison sites in Canada

    Without a doubt, vehicle owners need car insurance in Canada. With so many options available, choosing the best policy for your needs can feel daunting. Luckily, several Canadian sites make it easier to find the best deal. Here are ten of the best car insurance comparison sites in Canada:

    1. Hardbacon

    Hardbacon.ca prides itself on helping Canadians make good decisions so they can still bring home the bacon. It takes just four steps to secure three car insurance quotes through its partners. Start with selecting your province, then you will be redirected to Hardbacon’ trusted partner in your province, where you’ll have to fill in your info. After that, you simply add the make, model and mileage of your car and details about your driving history. Done!

    2. Surex 

    This insurance brokerage aims to deliver the lowest rates by offering quotes then pairing people with a licenced insurance advisor. Surex.com vows to serve up 10 rates within 10 minutes. It stresses its customer service component to guide shoppers along the journey and also hosts a helpful blog.

    3. YouSet 

    Youset.ca offers the chance to compare auto and home policies from major Canadian insurance companies in less than four minutes. It also points out exclusive discounts  for home and auto insurance in one place for certain individuals. It claims that its users save 29% on average.

    4. ThinkInsure 

    This independently owned insurance brokerage works with more than 50 insurance providers in Canada. It commits to providing customers with unbiased insurance solutions for the best coverage and lowest pricing. In addition to car insurance quotes, ThinkInsure offers coverage for homes, businesses, travel and life insurance.

    5. InsureEye 

    In addition to a range of insurance products, InsureEye also reviews different credit card rates for consumers. It has a library of auto insurance FAQs, a glossary, tips and insurance rates by province. You can also search for a broker by using its map function with locations in six Canadian provinces.

    6.  Rates.ca

    As the flagship website for RATESDOTCA, Rates.ca ranks as one of the most popular insurance comparison sites in Canada. It offers quotes from more than 50 insurance providers so you can compare rates for car, home and travel insurance. 

    7. InsuranceHotline.com

    InsuranceHotline.com offers quotes from more than 30 insurance providers. This site provides consumers with tools and a blog with helpful tips on car insurance and other related topics. It has a separate section for ride-share drivers to shop for rates.

    8. LowestRates.ca

    LowestRates.ca allows you to compare quotes from more than 50 insurance providers with its user-friendly interface. The site also offers a blog with helpful articles on car insurance and other related topics. It asks six questions before generating quotes for you.

    9. Ratehub.ca

    Ratehub.ca serves as a financial comparison site offering quotes on a wide range of financial products, including car insurance. It provides details from more than 30 insurance providers. It also offers a variety of tools and resources to inform your financial decisions.

    Tips for getting the most accurate car insurance quotes

    Providing accurate and complete information

    When it comes to seeking accurate quotes, honesty makes the best policy. Above all, input accurate and complete information about yourself and your driving history. This includes your age, gender, marital status and any previous accidents or claims. The more details you provide, the more accurate your quotes will be.

    Also, keep your driving record up to date. Make sure to report any changes to your driving record, such as a recent traffic violation or accident, to your insurance provider. This will help ensure that your quotes are as precise as possible.

    Comparing similar coverage options

    When comparing quotes, you’ll want to compare apples to apples. This means comparing quotes that offer similar coverage options. For example, if you seek liability coverage, check each quote to see if it gives the same level of coverage.

    Next, consider the deductible. This equals the amount you’ll have to pay out of pocket before your insurance kicks in. It makes sense to compare quotes with the same deductible.

    Considering additional discounts and savings

    While comparing rates ranks as a high priority, also consider additional discounts and savings. Many insurance providers offer discounts for being a safe driver, completing a defensive driving course or having a good credit score.

    You may also qualify for discounts if you bundle your insurance policies. Even better, certain safety features, such as anti-lock brakes or a car alarm, can impact the price.

    By taking advantage of these discounts and savings, you can lower your overall insurance costs.

    Making the final decision on your car insurance policy

    Choosing the right car insurance policy can seem like a daunting task, but it significantly impacts your financial well-being. Yes, you could get overwhelmed by the sheer number of car insurance coverage options available. Instead, take time to carefully evaluate your choices so you find the best policy for your needs.

    Reviewing the policy details and coverage limits

    Once you’ve narrowed down your list of potential insurance providers, start reviewing the policy details and coverage limits. Read over all the policy details carefully, including the types of coverage offered, the deductibles and any exclusions or limitations.

    Most importantly, consider your own personal needs when reviewing the coverage limits. For example, what if you have a high-value vehicle or a lot of assets to protect? In that case, you may consider higher coverage limits so you’re fully protected in the event of an accident.

    Confirming the final premium and payment options

    Before finalizing your policy, make sure to check these key factors. This will ensure that you feel comfortable with the financial commitment and that you understand exactly what you’re paying for.

    When reviewing the premium, consider any discounts or savings available to you. For example, many insurance providers offer discounts for safe driving, multiple vehicles or bundling home and car insurance.

    Overall, taking the time to carefully evaluate your car insurance options can give you peace of mind on the road.

    Car Insurance Comparison Sites: The Bottom Line

    These helpful sites make it easier for Canadians to find the best deals on their car insurance policies. When choosing a comparison site, take time to consider factors such as:

    • ease of use
    • range of insurance providers 
    • customer reviews

    And lastly, don’t forget to research the reputation of the insurance provider before making a final decision on your policy.

    FAQs about car insurance comparison sites

    Are car insurance comparison sites free to use?

    Yes, auto insurance comparison sites offer free information about quotes from multiple insurance providers. You can easily access a car insurance comparison tool and enter your details to get a list of quotes within a few minutes. While comparison sites are free to use, you will need to pay for your car insurance policy. The cost will depend on a variety of factors, including your age, driving history and your make of car.

    How do comparison sites make money?

    These sites earn a commission from the insurance providers when a policy is purchased through their site. While this may seem like a conflict of interest, Canadian law requires comparison sites to provide unbiased information. They must also disclose any financial arrangements they have with insurance providers.

    Can I trust the quotes provided by comparison sites?

    In short, yes. However, remember that quotes are based on the details you provide, so accuracy pays off! Additionally, we recommend that you compare quotes from multiple sites to ensure that you get the best deal. This will allow you to see the range of prices from different insurance providers so you make an informed decision. Finally, read the fine print of any policy to ensure that it meets your needs and provides adequate coverage. This can include things like the deductible, coverage limits and any exclusions or limitations. Overall, auto insurance comparison sites serve as a valuable tool for finding the right policy at the right price. By comparing quotes from multiple providers, you can save time and money while staying protected while on the road.

    Compare Car Insurance Policies in Canada
    Compare Car Insurance Policies in Canada
    Compare Canadian car insurance policies and find the one that best suits your needs.

    Passionate about personal finances, Houda Zaoui is a content writer at Hardbacon. She chooses her credit cards using Hardbacon's credit card comparison tool, and when traveling, Houda uses Hardbacon's hotel room comparator to save money. Finally, she uses Hardbacon's mobile app to manage her finances from one central location.