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PRIVACY POLICY

Your privacy is important to us. To better protect your privacy and to ensure your trust, we provide this notice.

We do not automatically gather any personal information from you, such as your name, phone number, or e-mail address. This information is only obtained if you provide it voluntarily, by contacting us via e-mail. If you should choose to provide us with personal information, as in an e-mail, we will use that information to respond to your message and to help us get the information you have requested. We will not rent, sell or share your email address with anyone. All e-mail addresses provided to us shall be kept confidential and remain in our care.

InsuranceRates.ca collects a limited amount of user information at our own site. This information is used to improve the content and relevance of our site. We collect automated site-visit statistics through our hosting provider and Google Analytics that enables us to measure the success and appeal of our site. This information includes the pages visited on the site, the date and time of the visit, the internet address of the referring site, the domain name and IP address from which the access occurred, and the version of browser used. We make no attempt to identify individual visitors from this information. This non-identifying information is used for internal purposes only.

Because we are an information portal site with links to other web sites, it is important for you to know that each storefront, merchant, supplier, partner, or linking website will have their own privacy policy which may or may not be similar to our policy. Once you leave our site you are no longer under the terms of our privacy policy. InsuranceRates.ca has no control over these other sites. It is your responsibility to be aware of any privacy policies in force or lack thereof at these respective storefronts, merchants, suppliers, and/or linked web sites.

TERMS OF USE

All content on InsuranceRates.ca is for informational purposes only. InsuranceRates.ca does not provide any insurance services and is not an insurance broker.

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InsuranceRates.ca also expressly disclaims all warranties, including but not limited to warranties of fitness for a particular purpose and warranties of merchantability. In no event will InsuranceRates.ca, its affiliates or other suppliers be liable for direct, special, incidental, or consequential damages (including, without limitation, damages for loss of business profits, business interruption, loss of business information or other pecuniary loss) arising directly or indirectly from the use of (or failure to use) or reliance on the content or on the site. In no event will InsuranceRates.ca, its affiliates, agents and licensors (and/or any third party) incur any liability to you arising out of any kind of legal claim (contract, tort, or otherwise) or settlement in any way connected with the content or the Site or breach of these Terms of Use by InsuranceRates.ca. At InsuranceRates.ca request, you agree to defend, indemnify and hold harmless InsuranceRates.ca from any claims and expenses, including legal fees, related to any breach of these conditions of use by you or your use of the content of the Site.

Parts of this site may contain advertising or other third-party content. InsuranceRates.ca is not responsible for any errors, omissions, or inaccuracies in third-party content or advertising material. InsuranceRates.ca may contain links to other web sites, but is not responsible for the availability of these web sites or their contents. You acknowledge and agree that InsuranceRates.ca is not liable for any loss or damage which you may incur as a result of the availability or lack of availability of those external sites or resources, or as a result of any reliance placed by you on the completeness, accuracy or existence of any advertised products or other materials on, or available from, such web sites or their contents.

  • Insurance Buying Guide

    Tips on Finding the Best Coverage

    The insurance market is highly competitive

     

    Canada's private insurance industry is highly competitive, with 134 companies offering auto insurance and 122 writing home and personal property policies. No matter where you live in Canada, you have a number of choices when shopping for home insurance. The same applies for auto insurance in provinces where private companies are allowed to compete for your business.

    Companies offering automobile insurance in your province must sell the basic coverage required by the provincial government, but in provinces with competitive insurance systems, different companies offer different optional coverages, a slightly different approach, and prices can vary. Home insurance policies and premiums can also vary significantly from company to company.

     

    Get the coverage you need

     

    When shopping around for an insurance policy, remember that you want the best price for the insurance package that is right for you. If you prefer 24-hour claims service, or face-to-face contact with an insurance representative, bear these things in mind when selecting an insurance provider. Consider the claims settlement process, the amount of the deductible, and whether or not you require full replacement coverage. Insurance companies, and the policies they offer, are not all the same, so think about more than just the price.

     

    Shop around to get the best deal

     

    If you’ve received an unsatisfactory price for your policy from your current insurer, ask your broker to look for quotes from the other insurance companies he/she represents. (Brokers sell insurance for several companies; agents sell insurance for only one company.) If he/she still can’t get a price that you consider to be affordable - given the favourable insurance market - find another broker or agent. You are not committed or tied to one insurance broker. There are many insurance companies competing for your business. To be sure you get the best rate, contact several different sources. You can call brokers or agents, get quotes on the Internet or call insurers directly. You have options. It could be worth your while.

     

    Asking for a quote - be prepared

     

    There is certain information that all brokers and agents will require from you in order to give you a quote, or sell you an insurance policy. The following are only some examples of the information you will be required to provide:

    • Full name and address
    • Full names of other members of your household
    • Recent claims history and that of other members of the household (i.e., Have you made claims? If so, how many, what kind and when?)

    For home insurance only:

    • Age of home
    • Construction (brick, wood, steel, vinyl siding etc.)
    • Number of bedrooms
    • Type of heating, age of furnace
    • Fireplace?
    • Oil tank?
    • Type of wiring

    For auto insurance only:

    • Number of licensed drivers in the household
    • Make and model of the vehicle
    • Recent driving infractions (past six years at least) for you and other members of the household
    • Use of vehicle (Who drives it, for what purpose, how many kilometres per month?)
    • Anti-theft system? What kind?

    All this information is used to determine whether the insurance company wants to insure you, and at what price. Please be as honest as possible, and update your insurance representative if your circumstances change.

     

    Ways to lower your premium costs

     

    Ask your insurance representative about the following options for lowering your premium:

    • raising your deductibles;
    • dropping collision coverage on an older car;
    • upgrading an older home to reduce the risk of a loss (fixing broken railings, replacing an old furnace etc.);
    • package deals for insuring your car and home or more than one car with the same insurance company;
    • installing an approved theft deterrent system in your vehicle, or a burglar alarm in your home; and
    • choosing a car with a lower-cost insurance rating

     

    Source: Insurance Bureau of Canada