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If you’re in the market for car insurance in Canada, there are plenty of companies to pick from. That said, figuring out which option is the best fit for your particular set of needs can be a bit tricky. That’s why we’ve compiled a list of our top picks in a number of different categories to help make your decision easier.
Find out which car insurance companies set themselves apart from the competition in our guide below.
To determine the best car insurance companies in Canada, we looked at the most important factors to consider when comparing companies: customer satisfaction, coverage, and cost. These car insurance companies are not representative of the entire market. No single car insurance policy will be the best choice for everyone, so compare your options in the following categories before deciding which one is right for you and your needs.
While it’s difficult to pinpoint exactly which provider offers the best car insurance in Canada, we compared some of the best options to find out which companies excel in certain areas. We came up with the following findings:
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Travelers Canada offers some of the cheapest rates for car insurance across the board. It’s available in almost every province, and you can apply for a quote quickly and easily online. It offers a number of different discounts to help you save money and lets you bundle your car insurance with your home insurance for enhanced savings. Just be aware that customer reviews complain about rate hikes and a poor level of client service.
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belairdirect has the highest rating for customer service on InsurEye, a leading independent car insurance review site in Canada. Despite some negative feedback, customers seem happy with the overall customer service experience. This service also lets you sign up for its mobile app, which will reward you with up to a 25% discount for safe driving. Just be aware that you might pay higher rates with this company and it’s only available in Alberta, BC, Ontario and Quebec.
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The Personal auto insurance is a reputable insurance company that’s best known for offering discounted group policies across Canada. This means you could save money just for being an employee with a certain group (like the Canadian Armed Forces) or a member of a university or association. You can easily check if your group has a partnership agreement with The Personal by entering your group name into its online database. The Personal also offers a number of other discounts, such as student discounts and loyalty savings, as well as discounts for bundling packages.
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Allstate is a Canada-wide brand name car insurance company that offers extensive coverage for a reasonable price. This includes mandatory coverage, enhanced coverage and a laundry list of additional endorsements, such as ticket forgiveness and disappearing deductible coverage. Allstate also offers a large swath of discounts, including its Drivewise mobile app which tracks your safe driving habits to save you money. Just be aware that some customers report rate hikes with this company, and it’s got mixed reviews about its customer service.
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Intact offers affordable insurance in many Canadian provinces and is particularly well-known for its 30-minute claims guarantee. This guarantee promises that your car insurance claim will be opened within 30 minutes of you calling in to report an incident. If not, the company indicates it will write you a cheque for the full amount of your annual premium up to a maximum of $1,000. Just be aware that negative reviews report rate hikes and you may need to download an app to be eligible for certain discounts.
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The Co-operators is available across Canada and has high ratings for customer satisfaction. You can apply for a quote quickly and easily online from anywhere in the country. It’s also possible to file a claim with The Co-operators using its easy mobile app. As an added bonus, you’ll get entered for a chance to win a monthly prize of $1,000 when you register to use its online services. It also offers an online account that lets you manage your policy and make changes to your coverage from anywhere.
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You can turn to your local automobile association for the best perks and discounts on your car insurance. Some examples of the benefits you’ll receive are accident forgiveness, low usage discounts, safe driving discounts and bundling services. You’ll also get roadside assistance included when you sign up as a member for a low monthly fee. This will in turn give you big savings on your car insurance – so it’s a win-win. Just be aware that some customers complain about poor customer service and a slow claims process in some instances.
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Aviva offers affordable prices for its car insurance and gives you the chance to combine multiple policies for extra benefits. You’ll be able to bundle your home and auto insurance and you can even get extra coverage for rental properties and recreational vehicles like snowmobiles and ATVs in some provinces. When you pay for multiple policies at once, you’ll get a sizable discount along with an additional $1 million in coverage as well as a single deductible if the same claim affects more than one policy. Your policies will also renew on the same date for added convenience.
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RSA offers a number of special benefits when you sign up for auto insurance. One of its biggest value-adds is its lifetime repair guarantee for your vehicle. RSA works with a network of trusted repair facilities to get your repairs done right the first time. All repairs completed at these facilities will be guaranteed for as long as you insure your vehicle with RSA. This means you’ll never have to pay for the same repair twice. Just be aware that RSA charges higher-than-average rates, so you may pay more in the long run even with the repair guarantee.
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Economical has been one of Canada’s leading special risk providers since 1968. It’s well-versed in providing car insurance coverage to customers with a not-so-perfect driving record. It also offers a top-rated service guarantee to make sure that any claim you make is dealt with in a timely and proficient manner. Just be aware that Economical has higher than average prices when compared to its competitors, though you may be able to qualify for a number of discounts depending on your personal circumstances.
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There are a couple of factors that you’ll want to take into consideration when looking for the best car insurance for your personal situation.
The best kind of insurance policy for you will likely be the cheapest policy that includes all the features you need. Check out our list of some of the best policies for certain categories of vehicles and drivers to see where you fit:
There are a number of questions you can ask the car insurance provider that you’re thinking of getting a policy with to make sure it’s a good fit. These can include but aren’t limited to the following:
To apply for car insurance anywhere in Canada, you’ll usually need to meet the following criteria:
If you want to apply for auto insurance, you just need to follow these simple steps.
Finding the best car insurance companies in Canada for your personal situation can be a bit of a process but it may end up saving you a major headache in the long run. That’s why it pays to take the time to compare providers to find the best fit. As a rule of thumb, you should look for the provider that offers the best combination of cheap rates and top-notch customer service on a suitable level of coverage designed to meet your needs.
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