Farmboy1892

Hi Folks,

I will need to purchase home content insurance in the next few days followed by car insurance for my wife in a few weeks. Can anyone suggest who you would purchase this from and is bundling the two together with the one company better in terms of discounts etc.

Kind Regards

Farmboy.

scrubbedexpat091

What province?

Some provinces such as BC require basic car insurance to be purchased through the provincial car insurer with only optional coverage being bought elsewhere.

For contents insurance in BC we use Square One, they have reasonable prices and let you easily tailor the policy to your needs not needing to spend money on coverage you don't need.

We pay about $25 a month for contents insurance which also includes other coverage like 3 million liability, earthquake coverage, loss of residence coverage etc.

dbd33

The OP is in ON.

Yes, there are discounts for bundling. I'd start with an insurance broker, not an agent but a broker.

Farmboy1892

Thanks Guys I will get in touch with one in the area we are relocating to!!

Siouxie

https://www.tdinsurance.com/ - I use them, they give discounts for bundled insurances.

HGerchikov

Generally, yes it's cheaper to get all your insurance through the same company. However sometimes, especially if you need to go to a high risk insurer it's cheaper to spread your policies around. We have our house insurance with one company, two vehicles with another and another vehicle with a third. We have two young drivers and another one with a lot of tickets. No one company worked for all so we had to spread around a bit. One broker sorted this out of us, so I agree with the comment above that suggested talking to a broker.

evets

I used a broker. Car insurance and home insurance bundled. Car insurance cheaper but home insurance more expensive, than the plan I currently had. But still feel like I am being ripped off, car insurance is painfully expensive.