Kanetix Forum

Why was I able to find a lower rate elsewhere?

Kanetix.ca provides quotes for many of Canada's top insurance and mortgage providers, but not all of them. In fact there are hundreds of insurance and mortgage providers across Canada. In Ontario alone, if you are looking to compare car insurance quotes there are over 140 insurance companies from whom you can get coverage through. These companies not only vary in the extent of coverage and service they offer but also price.

In addition to the sheer number of options available to insurance shoppers, other possible reasons for differences in rates may be:

- That you already have a competitive rate through a group program

- Enjoy discounts from your current provider as a long-standing customer

- The options in your current insurance policy are different than those chosen when getting your quote

- The insurer you are currently with has 'forgiven' an accident or claim due to your existing relationship, while other providers may not

- Your current provider may not have same information you entered while getting your quotes causing the difference in rates

Insurance premiums and mortgage rates across insurance and mortgage companies can vary considerably which is why comparison shopping for the best rate can help you save money. Even though you did not find a cheaper rate through Kanetix.ca it was time well spent. Only by comparison shopping will you know that the rate you found is the better priced option for you.