Canadian insurance — calculators & plain-English guides
Free estimators for auto, home, life, travel, critical illness, disability and business insurance. Built with publicly available rate cards from major Canadian carriers (Manulife, Sun Life, Intact, TD, Sonnet, Zensurance).
Auto insurance
Mandatory in every province. Rates vary 4× depending on province, postal code and driving record.
Quebec averages ~$717/year — the lowest in Canada. Ontario and BC are highest at $1,500–$2,000.
Collision pays for accident damage to your car. Comprehensive covers theft, vandalism, fire, hail and falling objects.
Home insurance
Not legally required, but every mortgage lender demands it. Covers structure, contents and liability.
Insurance covers replacement cost — what it costs to rebuild today, not what you'd sell it for.
Standard policies exclude overland flood and sewer backup. Add endorsements separately.
Life insurance
Tax-free payout to your beneficiaries. Term is cheap and simple; permanent builds cash value.
Common rule: 10× annual income, plus debts, minus liquid savings.
Term is 10–30× cheaper for the same coverage. Whole life only makes sense for estate planning.
Travel insurance
OHIP and other provincial plans cover almost nothing outside your province. A $50,000 ER bill in Florida is normal.
If you travel 2+ times a year, an annual multi-trip plan usually pays for itself.
Most cards cap at 15–25 days and exclude older travelers. Read the fine print.
Health insurance (newcomer)
New permanent residents wait up to 3 months for OHIP/MSP. Private plans bridge the gap.
Ontario, BC and Quebec require ~3 months of residency. Most other provinces start coverage immediately.
Super Visa requires $100,000+ medical insurance valid for 1 year, renewable annually.
Critical illness
Tax-free lump sum on diagnosis of cancer, heart attack, stroke and ~25 other conditions.
CI pays once on diagnosis regardless of work status. Disability requires you to actually be unable to work.
Many CI policies refund all premiums if you don't claim — useful but increases cost ~50%.
Disability insurance
Replaces 60–70% of income if you can't work due to illness or injury. The most underrated coverage.
Group through work is cheap but tied to employment and may not cover 'own occupation'. Individual is portable.
Ideally to age 65. Short-term plans (2 years) are far cheaper but leave a gap.
Business insurance
Commercial general liability ($2M standard), property, professional liability and cyber.
Yes — even consultants need E&O. One unhappy client can sue for everything.
Third-party bodily injury, property damage and advertising injury caused by your operations.
How our estimators work
Each calculator uses publicly available 2024 rate factors from major Canadian carriers, the Insurance Bureau of Canada and Statistics Canada. They give you a realistic ballpark — but the only way to lock in a real premium is to get a quote from a licensed broker or carrier directly. We don't sell insurance, and we never share your input.