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"How much is your loyalty worth? Many car insurance providers offer so-called “loyalty” discounts to longtime customers with clean driving records, worth about $7 per month. According to a Leger survey conducted in March 2021 on behalf of RATESDOTCA, however, more than one in three Ontario drivers who switched car insurance providers last year ended up saving at least $60 per month. That is more than $700 per year or, put another way, more than the average Canadian family of three spends on groceries* in a month! Learn more.
*According to Canada’s Food Price Report 2021
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*Shoppers in Ontario who obtained a quote on RATESDOTCA and transacted via our contact centre from August to December 2020 saved an average amount of $676. The average savings amount represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by RATESDOTCA.
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