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Costco car insurance

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Here’s a car insurance option you might not have thought of, but you need to be a member.

Brokers look at several competing insurance options and try to secure you the best possible rate. In some cases, they can assist you with claims and offer advice on dealing with insurance companies.


Roadside assistance

Costco car insurance is an interesting option for insuring your vehicle. You don’t actually buy insurance directly from Costco. Instead, you deal with a broker whose job it is to find you the best price available. This can be attractive for people without a lot of experience buying car insurance and who are comfortable with having someone else do a lot of the legwork. However, it’s important to note that you need to be a Costco member to purchase this car insurance.

What is Costco car insurance?

As mentioned above, Costco doesn’t sell car insurance directly. The company connects you with an insurance broker. The broker collects your information and then looks for an insurance package for you. Typically, insurance brokers collect a commission that is a percentage of the premium you pay to the insurance company. Costco’s brokerage company works with insurers such as Aviva, Intact and Zenith. Costco’s car insurance is available in Ontario, Quebec and the Atlantic provinces.

What insurance does Costco offer?

Costco offers car and home insurance through Inova Insurance Brokers. Costco offers a variety of other types of insurance through different insurance companies.

  • Car insurance: Inova Insurance Brokers
  • Home insurance: Inova Insurance Brokers
  • Life insurance: Manulife
  • Health and dental: Manulife
  • Travel insurance: Manulife
  • Pet insurance: Pets Plus Us

Costco insurance bundles

When you go through the process of getting a quote online, the Inova website asks you whether you wish to combine your home and auto insurance in a bundle. The website says this could result in a discount of up to 15% on the total price of insurance.

Benefits and drawbacks of Costco car insurance


  • Brokers look at several competing insurance options and try to secure you the best possible rate. In some cases, they can assist you with claims and offer advice on dealing with insurance companies.
  • You can bundle your car insurance with your home insurance to possibly receive a lower quote.
  • Inova offers you the option of downloading a smartphone app that tracks your driving habits (e.g. driving speed, driving hours and frequency of hard stops). If you are comfortable with providing this information, you may be able to save up to 30% on your auto insurance.


  • You have to be a Costco member to use the Costco car insurance service.
  • Costco car insurance isn’t available in every region of Canada.
  • Some people prefer to have a direct relationship with their insurance company as opposed to working through a broker.

What do customers say about Costco car insurance?

Several users in the RedFlagDeals website forum say that they were able to find the lowest car insurance premiums using Costco’s car insurance service offered through Inova. However, that sentiment was far from universal, with other users pointing out that the price you pay will largely depend on your personal situation.

In addition, several users complained that Inova customer service is subpar. Specifically, wait times on the phone can be long, and it can take a long time to settle claims.

How to contact Costco about car insurance

  • Phone: You can call Inova directly for a car insurance quote at 1-877-319-7789
  • Online: You can get a quick car insurance quote online via Inova’s website. You will need to provide some personal information, including the make of your vehicle, how much you drive in a year and details about your personal driving record.

Compare other free car insurance quotes online

Name Product Roadside assistance Third-Party Liability Collision Coverage Comprehensive Coverage Discounts Available Available Provinces
Sonnet Auto Insurance
Up to 25%
Alberta, New Brunswick, Nova Scotia, Ontario, PEI, Quebec
Get auto insurance with Sonnet in just five minutes. Save up to 25% on your auto insurance through discounts and bundling options.

Who it might be good for: Drivers looking to apply and manage their car insurance completely online.
Surex Auto Insurance
Up to 25%
Alberta, Northwest Territories, Nova Scotia, Ontario, Saskatchewan, Yukon
Submit one application and receive quotes from 10+ insurers. Save up to 25% on your car insurance, plus get access to an insurance advisor.

Who it might be good for: Drivers looking to use an insurance broker to compare multiple pricing and coverage options.

Compare up to 4 providers

Bottom line

Costco offers car insurance by connecting you to an insurance broker who searches for an insurance package for your vehicle, tailored to your desired coverage and price point. This means you can often get a very competitive price because you are in effect shopping from several insurance companies at once. However, there is an important catch: you have to be a Costco member and that requires an annual fee.

Frequently asked questions about Costco insurance

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