Switch and Save on Your Insurance (2024)

Conditions apply. Subject to eligibility rules.
Note: You may not always be given the option to buy online. If this happens, we encourage you to call and speak to one of our licensed advisors, or let us call you!

210% Home Insurance Savings (Not available in Quebec)
10% savings off eligible coverage in the first policy term is derived from a combination of two separate discounts:
- a 5% Digital Discount for completing the home, condo or tenant insurance quote online. This Digital Discount will continue to be applicable upon policy renewal. Offer not available in Quebec.
And
- a one-time 5% Buy Online Discount for completing the home, condo or tenant insurance purchase online. Both the Digital Discount and Buy Online Discount are applicable to premiums charged for the base insurance policy and the following endorsem*nts: Above Ground Water, Extended Water Damage and Fuel Overflow or Escape Offer may be changed, withdrawn or extended at any time without notice.

35% Savings on Home Insurance; 10% Savings on Auto Insurance (Quebec only)
5% Savings on Home Insurance; 10% Savings on Auto Insurance (Quebec only)
Home Insurance: A one-time discount of 5% will be applied to premiums charged for the base insurance policy and the following endorsem*nts: Above Ground Water, Extended Water Damage and Fuel Oil Overflow or Escape
Auto Insurance: A one-time discount of 10% will be applied to premiums charged for each of the following coverages: Civil Liability, Damage to Insured Vehicles (All Perils, Collision or Upset, Comprehensive and Specified Perils).
Offer may be changed, withdrawn or extended at any time without notice.

National – Home and Car – Dollar

1 Nationally, the 2,027 new TD Insurance customers who were surveyed between March 6th, 2023 to March 16th, 2023 and July 18th, 2023 to August 1st, 2023, and who reported annual premium savings upon switching both their residential (home or condominium or tenant) and car insurance policies to TD Insurance reported an average annual premium savings of approximately $946.58 The survey sample consisted of new customers who switched both their residential and car insurance policies to TD Insurance between August 2022 and August 2023. It was conducted with a 95% confidence interval and produced a 3% margin of error. These survey results do not include customers in British Columbia, Manitoba or Saskatchewan. Savings amounts are not guaranteed; actual annual premium savings obtained nationally from switching both residential and car insurance policies to TD Insurance varies based on each customer's individual insurance profile and province of residence. Certain conditions, limitations and exclusions apply to all offers.

National – Home and Car – Percentage

4 Nationally, the 1,058 new TD Insurance customers who were surveyed between March 6th, 2023 to March 16th, 2023 and July 18th, 2023 to August 1st, 2023, who reported their annual residential (home or condominium or tenant) and car insurance premiums paid to their previous insurance provider and who reported their annual residential and car insurance premiums payable to TD Insurance upon switching both their residential and car insurance policies, reported an average annual premium savings of approximately 28%. The survey sample consisted of new customers who switched both their residential and car insurance policies to TD Insurance between August 2022 to August 2023. It was conducted with a 95% confidence interval and produced a 3% margin of error. These survey results do not include customers in British Columbia, Manitoba or Saskatchewan. Savings amounts are not guaranteed; actual annual premium savings obtained nationally from switching both residential and car insurance policies to TD Insurance varies based on each customer's individual insurance profile and province of residence. Certain conditions, limitations and exclusions apply to all offers.

National – Car – Dollar

††Nationally, the 2,615 new TD Insurance customers who were surveyed between March 6th, 2023 to March 16th, 2023 and July 18th, 2023 to August 1st, 2023, and who reported annual premium savings upon switching their car insurance policy to TD Insurance reported an average annual premium savings of approximately $773.71. The survey sample consisted of new customers who switched their car insurance policies to TD Insurance between August 2022 to August 2023. It was conducted with a 95% confidence interval and produced a 3% margin of error. These survey results do not include customers in British Columbia, Manitoba or Saskatchewan. Savings amounts are not guaranteed; actual annual premium savings obtained nationally from switching car insurance policies to TD Insurance varies based on each customer's individual insurance profile and province of residence. Certain conditions, limitations and exclusions apply to all offers.

National – Car – Percentage

Nationally, the 1,604 new TD Insurance customers who were surveyed between March 6th, 2023 to March 16th, 2023 and July 18th, 2023 to August 1st, 2023, who reported their annual car insurance premiums paid to their previous insurance provider and who reported their annual car insurance premiums payable to TD Insurance upon switching their car insurance policy, reported an average annual premium savings of approximately 23%. The survey sample consisted of new customers who switched their car insurance policies to TD Insurance between August 2022 to August 2023. It was conducted with a 95% confidence interval and produced a 3% margin of error. These survey results do not include customers in British Columbia, Manitoba or Saskatchewan. Savings amounts are not guaranteed; actual annual premium savings obtained nationally from switching car insurance policies to TD Insurance varies based on each customer's individual insurance profile and province of residence. Certain conditions, limitations and exclusions apply to all offers.

National – Home – Dollar

‡‡ Nationally, the 1,697 new TD Insurance customers who were surveyed between March 6th, 2023 to March 16th, 2023 and July 18th, 2023 to August 1st, 2023, and who reported annual premium savings upon switching their residential (home or condominium or tenant) insurance policy to TD Insurance reported an average annual premium savings of approximately $475.36 The survey sample consisted of new customers who switched their residential policies to TD Insurance between August 2022 to August 2023. It was conducted with a 95% confidence interval and produced a 4% margin of error. Savings amounts are not guaranteed; actual annual premium savings obtained nationally from switching residential insurance policies to TD Insurance varies based on each customer's individual insurance profile and province of residence. Certain conditions, limitations and exclusions apply to all offers.

National – Home – Percentage

Nationally, the 1,004 new TD Insurance customers who were surveyed between March 6th, 2023 to March 16th, 2023 and July 18th, 2023 to August 1st, 2023, who reported their annual residential (home or condominium or tenant) insurance premiums paid to their previous insurance provider and who reported their annual residential insurance premiums payable to TD Insurance upon switching their residential insurance policy, reported an average annual premium savings of approximately 28%. The survey sample consisted of new customers who switched their residential insurance policies to TD Insurance between August 2022 to August 2023. It was conducted with a 95% confidence interval and produced a 2% margin of error. Savings amounts are not guaranteed; actual annual premium savings obtained nationally from switching residential insurance policies to TD Insurance varies based on each customer's individual insurance profile and province of residence. Certain conditions, limitations and exclusions apply to all offers.

Mailing address:
TD Insurance (Corporate Secretariat)
50, Place Crémazie
12th Floor
Montreal (Quebec) H2P 1B6

Switch and Save on Your Insurance (2024)

FAQs

Is it worth switching insurance? ›

It's generally recommended that drivers consider changing their car insurance providers at least once per year. That way, motorists can make sure they're getting competitive rates for coverage.

How can I get a lower rate on my car insurance? ›

  1. Increase your deductible. ...
  2. Double check what discounts you qualify for. ...
  3. Shop around for car insurance. ...
  4. Maintain a good driving record. ...
  5. Sign up for our safe driving program. ...
  6. Take an accident prevention course. ...
  7. Explore payment options. ...
  8. Improve your credit score.

What is switch off and switch on insurance? ›

Benefits of Switch off and Switch-On Insurance

By turning off coverage during periods of inactivity, policyholders can reduce their insurance premiums significantly. Flexibility: Policyholders can adapt their coverage based on their individual needs and driving habits.

Why do people switch insurance? ›

Price. One of the biggest reasons people decide to switch auto insurance companies is the price of their policy. Over time, you may see your rates rise for a variety of reasons, whether it's because you had a claim or violation, moving cities or states or something else.

Is Geico better than Progressive? ›

Geico is better than Progressive overall, per WalletHub's grading criteria. Geico beats Progressive in terms of cost and discounts offered, though the two companies are fairly evenly matched when it comes to the types of insurance available and customer reviews.

Is it risky to change insurance companies? ›

But it's important to know there are risks to changing life insurance providers. You could end up with a worse policy or avoid being approved for life insurance altogether. Switching providers could impact your premiums, coverage, and benefits. It's a similar situation for home and auto insurance.

Who has the least expensive car insurance? ›

USAA, Nationwide, Travelers, Erie, Geico and Progressive are the cheapest car insurance companies nationwide, according to our analysis.

Which is a type of insurance to avoid? ›

Defined Events Coverage

Unless the policy specifically defines a damage-causing event, no coverage will be rewarded to the claimant. Avoid policies in which the defined events are limited, improbable or irrelevant to your situation.

What car has the cheapest insurance? ›

Which car make is the cheapest to insure? Mazdas, Chryslers and Subarus are the cheapest cars to insure. Certain car makes tend to be more expensive to insure than others. For example, a Mazda tends to be cheaper to insure when compared to a luxury brand such as Tesla.

Do I need to cancel my car insurance before switching? ›

Your new insurance company can provide proof of insurance to your old company if necessary, but they generally aren't authorized to cancel a policy with another insurer on your behalf. After you purchase a new policy, you should immediately contact your former insurer and cancel your old policy.

Does State Farm charge a cancellation fee? ›

If you've already paid your premium for the policy period in full, State Farm will refund the unused portion. State Farm does not impose a cancellation fee or penalty for early termination. Finally, it's important to remember that you don't need to cancel your policy just because you're going through some life changes.

Does Geico charge a cancellation fee? ›

If you want to cancel your policy, GEICO makes it easy with no cancellation fee*. Just follow the steps below: Call (800) 841-1587 to speak with a friendly, licensed agent. If prompted to speak to the Interactive Voice Response (IVR), say "cancel insurance policy" and then "auto."

What do I need to know before switching insurance? ›

Below are seven things to remember when contemplating a change in insurance companies.
  • Ask about your current rate. ...
  • Be a smart consumer. ...
  • Confirm your potential new coverage. ...
  • Double-check potential extra costs. ...
  • Don't cancel your current policy too soon. ...
  • Don't forget to cancel your old policy. ...
  • Carry your new insurance card.

Is it worth staying with one insurance company? ›

Whether it's personal assets or professional assets, you have a lot to protect. But that doesn't mean you need to use multiple insurers to do it. In fact, having your home, auto and business policies with one company can help you save – time, money and a whole lot of trouble.

Why am I being turned down for car insurance? ›

Reasons like getting into multiple accidents, receiving speeding tickets or having a DUI can lead to getting denied car insurance. However, a person's driving record isn't always to blame. You might also get denied car insurance if: You haven't driven in years or don't have an insurance record.

Should I drop my homeowners insurance? ›

However, going without coverage is inadvisable for many reasons, not least that gaps in your coverage will negatively affect your rates or ability to find affordable coverage. The best option that most homeowners have is to shop around.

Is it wise to change life insurance? ›

Yes, it's a good idea to review your life insurance from time to time. If there are big financial changes in your life, this might affect how much life insurance you're going to need. Having new children will mean you'll need more cover.

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