Find the best deal on home and car insurance bundles. Compare quotes from Canada's most trusted providers.
How to get bundled quotes on Kanetix.ca:
1. You search
You can find and compare rates from over 50 top insurance providers.
2. You choose
Select the best home & auto insurance quote from the rates available to you.
3. Secure your rate
Connect to the provider and secure your rate!
What is an insurance bundle?
Insurance providers sell many types of coverage. If you go looking for a car insurance policy, they may ask if you are interested in home insurance too. When you purchase multiple insurance products from the same company, it is called an insurance bundle.
What are the advantages to bundling insurance policies?
Bundling is beneficial for both the provider and for you. The provider receives business on more of their products, while consumers can streamline their payment schedule with one bill and one renewal date. Most insurance companies offer a discount on bundled insurance products and for this reason, it is also called a multi line discount.
If you opt for a home and auto insurance bundle, you can save on both policies. The exact amount will depend on your individual circumstances, but many companies offer up to 15 percent savings on car insurance and 10 percent savings on home insurance.
Considering the average Ontario resident pays $1,505 per year for car insurance (Insurance Bureau of Canada: 2018 data) and $1,284 for home insurance (J.D. Power Canada: 2018 data), bundling them together would mean annual savings of $345.15.
Combined car and home insurance is not just more affordable, it is also more efficient.
You will only have to remember one payment and one renewal date, and should you have to make changes to your personal information, you will only have to contact one company.
If there is an incident in which your home and car are both damaged, (for example, you reverse into your driveway, and your rear bumper hits your house), a bundled home and auto policy means you may only have to file one claim and pay one deductible. Without bundling, you would have to file separate claims for home and auto, recounting the event for each insurer, and pay separate deductibles.
Why home and car insurance?
Throughout Canada, you must have valid auto insurance in order to operate a motor vehicle, and if you have a mortgage, home insurance is typically mandatory too. As a result, they are the most commonly bundled products. However, auto insurance can also be bundled with tenant or condo insurance on Kanetix.ca.
How to bundle with Kanetix.ca
Follow the same process as if you were getting an individual car or home insurance quote. When you get to the “Discounts” section, we will ask if you are interested in bundling:
Spend a few minutes entering your information, and we will present you with the best available price. If you like what you see, connect with one of our ambassadors to secure your rate.
Save on home and car insurance
Bundling your policies is a great way to save money. If you have separate policies, you are likely wasting hundreds of dollars each year.
We work with more insurance providers than anyone else, and we make it easy to compare insurance quotes by listing them all in one place. Our service is completely free, there are no hidden costs and your information will never be shared without your consent.
Once you have bundled your policies together you can relax and enjoy your savings, but don’t forget to compare quotes when your policy is up for renewal.
We are are committed to saving you time and money. Compare quotes today!
Not ready to shop for insurance today?Set a renewal reminder and we'll let you know when it's time to save.
How Big Property Projects May Affect Home Insurance
Jul 8, 2020
If you’re an experienced homeowner, you know big-budget projects on your property can come out of nowhere, and that it’s best to have a rainy-day fund set aside to deal with them. Some of these projects will sneak up slowly.…
Home Insurance Myths: Learn the Truth About Home Insurance
Jul 7, 2020
Home insurance can be confusing, so be sure you’re not falling for the myths about how it works and costs. When it comes to home insurance and what it covers, don’t assume anything. The devil is in the details, and…
How to Protect Your Collectibles
Jul 6, 2020
Marie Kondo is getting nowhere near my collectibles. Between Lego, comic books, and action figures, I have a lot of stuff that’s not essential yet valuable to me. If you have a valuable collection too, you should have more than…