How We Make Money at RATESDOTCA
Find out what allows us to keep our service free.
Compare insurance and financial products from companies you trust
Where our money comes from
Our quoters and financial tools are all free to use, which means that we don’t make any money from our customers. Instead, we are compensated by our partners – primarily insurance providers and financial institutions – who pay us once the customer connects with them through our website to purchase their product.
We always show our customers the best rate available based on their personalized inputs and selections. They will see the lowest price first and then decide whether to accept the offer or keep looking. There is absolutely no pressure for customers to accept any of the offers.
How we are compensated by vertical
The way we make money differs slightly by vertical. Here's the breakdown:
- Insurance*: Once our website matches the customer with their preferred insurance broker or insurance company we receive a flat fee for making the referral.
- Mortgage: When the customer is matched to the appropriate lender or brokerage, we receive a flat fee for making the introduction.
- Credit cards: Once the application for the credit card is approved by the bank or credit card company, we receive a fee.
So, I won’t be charged for anything on RATESDOTCA?
Correct. You won’t be charged for anything on our website. This means that you can compare rates on our site as much as you like without worrying about incurring any charges (we don’t even ask you for your payment information).
We believe in empowering Canadians to make better insurance and money decisions, which is why the choice to secure the best rate is always yours.
Does RATESDOTCA function like a brokerage?
No. RATESDOTCA is a comparison website, which means that it is in its own category – separate from brokerages. We work with insurance providers, mortgage brokers, and financial institutions to aggregate their available rates so you can compare them side by side.
This allows us to publish more rates than anyone else and for you to shop the market. You’ve likely already used comparison websites when looking for the best price for hotels or flights. Our services work similarly – by showing you all the rates in one place so you can find and select the best one.
What people say about our quotes
Based on 6,446 reviews
Fast efficient and fair
Quick quotes. Great rates. Easy to process
Trinity
Comparing Travel Insurance …
This was the only site I could find that allowed me to compare different travel insurance options. I particularly liked the ability to look at sample documents.
Toronto
Amazing
Very helpful and easy to use
Safe travels
Easy quick selection of rates
Easy quick selection of rates
J K
Great help in finding the best rate!
Great help in finding the best rate! Thanks a lot!
Ruthielyn opina
I like how I can quickly I can select…
I like how I can quickly I can select travel insurance. The web site had an issue earlier but seemed to correct itself.
Dennis
prompt service
Respnded quickly, recommended company was excellent
Michael W.
Save time and money with rates.ca
I always use rates.ca for my travel insurance. They compare rates from several insurance companies and I can choose the package that suits my needs. I save time, frustration, and best of all, money. Thank you rates.ca, I will definitely be using your service again in the future.
customer
Amazing service have not left for my…
Amazing service have not left for my trip yet and hopefully don’t need this insurance but the prices are amazing and the cheapest It’s quick and easy to use! 💯 safe! Thank you
Sunita
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