Car Insurance Comparison Review

  • 4 min read

Car insurance is a requirement for all Canadian drivers. Everyone wants the best deal possible. Some customers may want an insurance provider that offers great customer service and is easily accessible. Others focus on policy premiums and the lowest price available. One great resource to compare car insurance providers and pricing is the website Rates.ca. Not only is the site user-friendly, but it offers a fairly quick insurance provider price comparison after providing some information via an online form.

Auto Insurance by Rates.ca touts the best car insurance rates “hands down”, with an average client savings of $676. They work along with just about 20 auto insurance companies, from major providers like Aviva, CAA, and Desjardins to smaller brands like Gore Mutual, KTX Insurance Brokers, and OTIP RAEO.

To begin, customers need to log onto Rates.ca and click the “car insurance” button on the home page. The next step is to choose their province and hit the “Get Quotes” button. This takes clients to an online questionnaire, with a list of queries about the vehicle they are looking to insure. Some questions clients need to answer on this page include the “use” of the vehicle, with the options “personal” or “business” listed, as well as the year, make, and model of the car. Customers will also need to outline their daily commute (one way) in kilometers and annual kilometers on the automobile. Lastly, users are required to indicate whether the car is owned, financed, or leased, as well as the purchase date, and whether or not the vehicle has winter tires or not. After the information is all plugged in, users will need to hit the “Continue” button to get to the next page.

The following page outlines the coverage clients are looking for, with the options that include “minimum”, “standard”, “enhanced”, and “customized” available. When users click on any of these four buttons, a box pops down below, titled “label”, outlining comprehensive deductible, collision deductible, liability, and endorsements, and offers a value of each. This ultimately helps with decision-making on what type of “coverage” customers are looking for. The last question on this page asks users if they want to add another car to their coverage plan. After these two questions are completed, customers can hit “Continue” to get to the next page. 

The third page on the online form reviews information about the primary driver. Users will need to offer up information like their full name, date of birth, gender (according to the driver’s license), postal code, marital status, employment status, policy start date, current license status, as well as license date, years continuously insured, years insured with their current car insurance company, and years insured as a primary driver. Once this is complete, customers can click the “Continue” button to head to the following page.

This part of the questionnaire reviews possible “discounts”. For clients that have a CAA membership, their number will be needed. Whether or not a user owns a home or condo is another question on this page, as bundling home insurance with auto insurance can save users approximately 15-20%. Lastly, for customers that are part of workplace associations, unions, or potentially alumni, added discounts can equal out 30% savings. A membership number will be needed.

Once users hit the “Continue” button on this page, contact information is outlined on the next and final part of the questionnaire. Customers will need to provide a phone number, as well as their email. Users can also ​sign up for newsletters or emails from Rates.ca and its member companies. Clicking a checkmark in the “personalized offers” box places clients in a draw to win a $500 Amazon gift card!

After a customer clicks the “Continue” button on this last page, a list of car insurance quotes will pop up. It takes about 10-30 seconds for Rates.ca to process all the questions answered and find the auto insurance provider quotes that match what has been answered within the online form. Anywhere from 10-20 quotes (more or less) will pop up, with the name of the car insurance provider, phone number, with a quote code, plus the annual premium and monthly price.

Quotes are listed from lowest to highest price. Clients also receive a follow-up phone call and email almost instantly from a Rates.ca representative after submitting their ​information. The online form takes about 5 minutes to complete, including receiving car insurance quotes.

Rates.ca offers a unique service that can help save customers money and time, too. Why spend hours (or even days) reaching out to different car insurance companies for quotes, when a quote will instantly be sent after answering a few simple questions?

For more information, or to receive a quick car insurance quote, visit Auto Insurance by Rates.ca.

Christopher - BSc, MBA

With over two decades of combined Big 5 Banking and Agency experience, Christopher launched Underbanked® to cut through the noise and complexity of financial information. Christopher has an MBA degree from McMaster University and BSc. from Western University in Canada.