Which companies generally provide the cheapest auto insurance rates?

baddoctor wrote: ↑Moving on from my family policy and looking to become a primary driver for my own insurance quote. Which companies generally have lower rates?

From my last year experince, you have to try 3-4 insurance brokers and see which one is offering you the best rates. 10 years ago TDMM give me best rates due a university alumni. I stick with them for about 10 years; never shopped around. Last year I shop around and realize I was paying 170% more to TDMM. It's worth to invest 10-15% time shopping around.

Sometime group rates are better sometimes not if the group you are part of not doing so good (that's what TDMM explained me).

I've heard people have success in getting low rates for single person insurance with:

All State
Bel Air Direct
TD Meloche Monnex
Economical Insurance
Kanetix (not an insurance company, but an aggregate)

Shop around.

Desjardins all the way... trust me I shopped around and they cant be beaten.

Stay away from the piece of overpriced garbage called State Farm.

Gammatron wrote: ↑Desjardins all the way... trust me I shopped around and they cant be beaten.

Stay away from the piece of overpriced garbage called State Farm.

State Farm is part of Desjardins. LOL.

Thanks for the advice guys. I'm currently with Belair so i"m going to see if I can get some kind of discount on a single user policy. Allstate is showing me some loq quotes, as well as Mitchell and Whelan (never heard of them though).

Also, wtf is State Farm smoking? Their quotes are AT LEAST $120-$150 higher than everyone else.

baddoctor wrote: ↑Thanks for the advice guys. I'm currently with Belair so i"m going to see if I can get some kind of discount on a single user policy. Allstate is showing me some loq quotes, as well as Mitchell and Whelan (never heard of them though).

Also, wtf is State Farm smoking? Their quotes are AT LEAST $120-$150 higher than everyone else.

Unfortunately there isn't a right answer for your question. There are a plethora of reasons why one company may be lower than others for each individual. Just as an example, I was with State Farm for 4 years because they had the lowest rates for me at that time. Yet, you and another person said they were the most expensive. I shopped around every renewal and they couldn't be beat in terms of price. This was for 2 cars, motorcycle and renters insurance.

Many companies offer discounts for multi line coverage. These discounts range from 5% up to 30% off your overall policy for bringing over car, house, bike, rent insurance.

The best suggestion is to talk to insurance brokers since many of them deal with multiple companies at once and they can do the shopping around for you.

iEyeCaptain wrote: ↑I've heard people have success in getting low rates for single person insurance with:

All State
Bel Air Direct
TD Meloche Monnex
Economical Insurance
Kanetix (not an insurance company, but an aggregate)

Shop around.

You forgot to add on first year.

Just change your insurance from top to bottom every year to get the cheapest. Unless of course they don't raise on your renewal.

About 3 times a year I used to get offers in the mail from my Union Local 183 to move to their insurance... "Savings through group power" was their motto. I finally called them. They must be high on heroine. Wanted 220% than what Im currently paying for my vehicle with Desjardins.

baddoctor wrote: ↑Thanks for the advice guys. I'm currently with Belair so i"m going to see if I can get some kind of discount on a single user policy. Allstate is showing me some loq quotes, as well as Mitchell and Whelan (never heard of them though).

Also, wtf is State Farm smoking? Their quotes are AT LEAST $120-$150 higher than everyone else.

I just realized I've been overpaying with Belair till I checked out the quotes on Kanetix.

Allstate so far seems to have the cheapest rates. Their rates from my research are at least $20-30 cheaper than competitors for the same car

vkizzle wrote: ↑Did you see Belair quote in Kanetix to compare against your current premium?
A few years ago, I was with Belair and saw that the quote online was a few hundred cheaper than my current policy and when I called in to verify; they threw every BS my way saying my information was not accurate etc...

For the same policy, a SSQ auto agent quoted me 110 cheaper after taxes which is 18% cheaper. I'll call Belair to see how much it'd cost to cancel my current policy.

In Ontario, there is no tax on auto insurance.

cn_habs wrote: ↑For the same policy, a SSQ auto agent quoted me 110 cheaper after taxes which is 18% cheaper. I'll call Belair to see how much it'd cost to cancel my current policy.

One should always shop around every year at renewal.

After Desjardins acquired State Farm, did the premium change too?