REPORT: Auto insurance rates drop even lower in Q2 2021 as drivers keep cars parked

Car insurance rates plunged in Ontario and Alberta this spring, while rates stayed flat in Atlantic Canada.  

Thunder Bay

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Tips on how to lower the cost of your property insurance in Thunder Bay.

Getting insurance for your home is easier than you think. To get the lowest rate possible, the Financial Consumer Agency of Canada recommends following these steps when shopping for home insurance.

Compare home insurance quotes from various providers.

Home insurance news

*Shoppers in Ontario who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 30%. The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes tenant and condo insurance.

Dieppe

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40,502 Canadians

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How comparing home insurance quotes works. Hint: it’s free!

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Next, we’ll show you quotes from 50+ Canadian providers. It’s free, with no commitment.

 

Tips on how to lower the cost of your property insurance in Dieppe.

Getting insurance for your home is easier than you think. To get the lowest home insurance rate possible in Dieppe, the Financial Consumer Agency of Canada recommends following these steps:.

Compare home insurance quotes from various providers.

Home insurance news

*Shoppers in Canada who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 32% The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes condo and tenant insurance.

St. John's

Find the best insurance for your home in St.John’s by using our free, online quote tool to compare rates from the 50+ best companies in Canada.

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40,502 Canadians

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Next, we’ll show you quotes from 50+ Canadian providers. It’s free, with no commitment.

 

Tips on how to lower the cost of your home insurance policy in St. John’s.

Getting insurance for your home is easier than it may seem. To secure the best price for home insurance in St. John’s, the Financial Consumer Agency of Canada recommends following these steps when shopping for home insurance.

Home insurance news

*Shoppers in Canada who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 32% The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes condo and tenant insurance.

The best home insurance companies in Canada

The best home insurance companies in Canada

We’ve taken a look at the most popular home insurance companies in Canada along with which of their products and services have helped make them so. Our findings reflect the average responses of LowestRates.ca users in 2021, who used our quote tool, selected one of the quotes they received and connected with a broker to secure the associated policy.

About the author

Katie Rook

Katie Rook is a content manager in the personal finance space, specializing in home insurance. She has been a full-time reporter at CTV, National Post and Globe and Mail. Her work has also appeared in Dow Jones’ MarketWatch, Toronto Star, Toronto Life, Saint John Telegraph-Journal and VICE. Katie is a graduate of Ryerson and Dalhousie universities.

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REPORT: Condo insurance rates keep rising amid more expensive building materials and claims

Condo insurance premiums are continuing to rise in Canada, sustaining a years-long increase that experts believe will last through the first two quarters of 2022, at least.

What is an emergency mortgage, and how does it work?

What is an emergency mortgage, and how does it work?

An emergency mortgage is a last-minute, short-term loan. Mortgage lenders can withdraw their offer to lend homebuyers money at any time — and there are several reasons why.

If a bank or broker revokes your mortgage financing at the last minute, you might find yourself in need of an emergency mortgage loan. The definition is simple: it's a short-term, last-minute mortgage loan for homebuyers whose financing has fallen through. 

About the author

Jane Switzer

 

​Jane Switzer is a writer, editor and native Torontonian. She got her start working in daily journalism, and was formerly a content manager for LowestRates.ca. She has written about personal finance and investing for websites like Wealthsimple, Tangerine Bank and Ratehub.ca. You can find her on Twitter: @janeswitzer.

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Fixed-rate mortgages provide certainty, while variable-rate mortgages fluctuate. But there are pros and cons to each. Read more

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What is a conventional mortgage?

The big benefit of a conventional mortgage loan is that you have immediate equity in your new home. Let's explore the in... Read more

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Levis

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40,502 Canadians

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Next, we’ll show you quotes from 50+ Canadian providers. It’s free, with no commitment.

 

Tips on how to lower the cost of your property insurance in Levis.

Getting insurance for your home is easier than you think. To get the lowest rate possible, the Financial Consumer Agency of Canada recommends following these steps when shopping for home insurance.

Compare home insurance quotes from various providers.

Home insurance news

*Shoppers in Canada who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 32% The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes condo and tenant insurance.

Trois-Rivieres

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Compare the lowest Trois-Rivieres property insurance quotes and save up to 32%*.

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40,502 Canadians

have compared rates and saved money over the last 24 hours

How comparing home insurance quotes works. Hint: it’s free!

Compare

Next, we’ll show you quotes from 50+ Canadian providers. It’s free, with no commitment.

 

Tips on how to lower the cost of your home insurance policy in Trois Rivieres.

Getting insurance for your home is easier than it may seem. To secure the lowest rate possible, the Financial Consumer Agency of Canada recommends following these steps when shopping for home insurance.

Home insurance news

*Shoppers in Canada who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 32% The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes condo and tenant insurance.

Whitby

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Save up to 30% on Whitby home insurance premiums with LowestRates.ca.

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Compare rates from Canada's leading home insurance providers

40,502 Canadians

have compared rates and saved money over the last 24 hours

How comparing home insurance quotes works. Hint: it’s free!

Compare

Next, we’ll show you quotes from 50+ Canadian providers. It’s free, with no commitment.

Outline of a house. Illustration.

See how our customers in Whitby save big on home insurance.

 

Tips on how to lower the cost of your home insurance policy in Whitby.

Getting insurance for your home is easier than it may seem. To secure the lowest rate possible, the Financial Consumer Agency of Canada recommends following these steps when shopping for home insurance.

Compare home insurance quotes from various providers.

Home insurance news

*Shoppers in Ontario who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 30%. The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes tenant and condo insurance.

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