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E

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#3 ·
Try going to kanetix.ca, they will search about 40 different insurance companies for you and show you the lowest quotes (approximate). If you choose to continue, they will ask more details and then phone you with a more accurate quote. For most of the companies returned you can go to their websites and either buy directly from them, or find a list of brokers and locate one in your area. The companies that I found to usually be cheapest are AXA, Economical, and Pembridge. Note that kanetix does not seem to give an accurate quote from TD, especially if you use TD's Meloche Monnex (requires membership through some sort of alumni or your employer). TD Canada Trust looks very similar but the rates are usually higher than MM.

If you want the best rate, you have to spend some time looking for it. My advice would be to call several local insurance brokers and give them your details. They will run your data through their computers and pull quotes from many insurance companies. The reason I say to call several brokers is because they all have different lists of insurance companies, and sometimes they are the exclusive broker for a particular company. I eventually ended up with a local branch of Morgex Insurance Group (in Alberta), who hooked me up with a pretty sweet deal with an insurance company called Unifund. Plus they faxed me a copy of the insurance certificate the same day I phoned them!

When you combine home and auto insurance with Unifund, they only discount the home policy... the auto was still cheaper than other companies after multi-policy discount, but their home price was $200 higher than what TD MM quoted me. So, I went with Unifund for auto and TD MM for home.
 
Financial Highway

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#5 ·
I have been with TD's Meloche Monnex for about 8 years or so now, very happy. They provide me great service and cheap rates. I tried BelairDIrect but the price was not much lower so i stuck with TD MM, but I had an accident earlier this year, so i will have to look around again :(
 
B

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#8 ·
I got through TD Meloche Monnex as well for car and home insurance (alumni and professional association membership discounts). I've never really shopped around too much on this one, partly because I know I'm getting a good rate, and partly because so many engineers seem to be with them - and I know engineers to be a thrifty and curious bunch....
 
M

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#9 ·
@Dave,
Been with BelairDirect for awhile. So far, the best quotes. When came up for renewal, did a search and TD Meloche was next best. As mentioned previously, Kanetix will do a search for you based on the info you supply and will spit out the best five or so rates - one stop shopping - but as per usual when you go ahead and call direct, the premiums tend to go up slightly when you are asked to provide more info.
 
O

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#11 ·
Funny how many people here are with TD Meloche. So am I.

When I was shopping for insurance rates for my new SUV, I asked for rates from my broker and from TD (since I am an alumni). I was surprised that for identical policy coverage, TD was over $80 less per month! Not to mention the TD policy had some added bonuses like giving me the cash to buy a brand new SUV should it be stolen within 5 years, $5000 per occurance of roadside assistance (used towards car rental, towing, etc). All in all, I'm very pleased with TD.
 
H

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#13 ·
Recently I was shopping around for cheaper insurance and then my daughter was hit by a car in January when walking across the street. Then I was thankful I hadn't switched yet because dealing with ING Insurance was a great experience. I was able to get the best physio possible due to their status as a premier insurer - no questions asked (well, just a few), all expenses and income replacement was all done in no time flat. So now it's hard to think about switching because good service does count for something, right?
 
C

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#16 ·
I am with BelAir Direct who was the cheapest when I decided to change my auto insurance.

They also let me put the whole annual amount on my credit card so it was nice to collect points and not having to worry about monthly premiums. I plan to do the same when it comes time for renewal.
 
E

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#17 ·
canabiz said:
They also let me put the whole annual amount on my credit card so it was nice to collect points and not having to worry about monthly premiums. I plan to do the same when it comes time for renewal.
Click to expand...
I've never seen an insurance company that doesn't let you use a credit card to pay a year at a time. I'm sure there's a few companies out there, but it's a fairly standard practice to accept credit cards. I've been collecting cashback or points from my insurance charges ever since my first insurance policy. It's a great way to get 1 - 2% of your insurance fees back!
Not to go too far off topic here, but you can often charge your cell phone, cable, and other recurring bills to your credit card, collecting even more cashback/points.
 
C

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#18 ·
Elbyron said:
I've never seen an insurance company that doesn't let you use a credit card to pay a year at a time. I'm sure there's a few companies out there, but it's a fairly standard practice to accept credit cards. I've been collecting cashback or points from my insurance charges ever since my first insurance policy. It's a great way to get 1 - 2% of your insurance fees back!
Not to go too far off topic here, but you can often charge your cell phone, cable, and other recurring bills to your credit card, collecting even more cashback/points.
Click to expand...
Elbyron, can you put your gas, hydro, water & sewage and property taxes on credit cards in Alberta ?

What about life insurance premiums ?

It's not possible here in Ontario although it would be nice to do that.
 
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