Consumers complete a simple online form, answering the same basic questions asked by most insurance brokers and agents. The process typically takes between 5 and 10 minutes and all personal information submitted is secure and protected.
The information is run against the data base of the insurance companies we represent, to determine which company offers the lowest rate, which is then presented to the consumer.
If the rate is lower than what the consumer is currently paying, they simply provide their contact information and are connected with a licensed insurance broker of Sound Insurance Services who can provide the rate quoted. There is absolutely no charge to the consumer. All of this information is also instantly sent to the consumer by email.
Once the consumer gets in contact with the insurance broker they are able to confirm details of the quote and receive professional advice as to their insurance needs. From that point, it is entirely up to the consumer as to whether they wish to purchase the policy. There is never any obligation.
2. Is the rate given to me accurate?
We use the same rating software as the majority of insurance brokers in Canada (i.e., Compu-Quote Rating Services). When you call a broker, they take your details and do quotes with the companies they are contracted with, usually 3 or 4 different companies, and then give you a rate from those companies. Sound Insurance Services represent more than 15 of the top insurance companies in Canada, giving consumers a more comprehensive view of the universe of insurance rates to help ensure they are quoted the lowest rate available.
Rates are based on the information provided, and we update regularly to ensure our accuracy. Most rate discrepancies occur due to wrong information inputted. For example, many car models are similarly-named; Honda Civic DX vs. Honda Civic Si. This discrepancy can lead to a considerable difference in rates.
3. What if I don't receive contact information for the company?
When you complete the questions on the form, you will be given the lowest rate available in our database from up to 15 insurance companies. On the page where you see the lowest rate available for you, you must then click on the “CONTACT ME”" button before the insurance company representative receives your contact information. If you did not do this, then the quote was not saved into our system and you will have to re-do the quote form.
4. Is this a secure site?
Yes. This site uses VeriSign’s Digital Certificates to secure and encrypt data so that you can be assured that your information is protected by industry leading Internet security technology.
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5. My current insurance company has significantly increased my rate; how can I get a lower rate?
Use the Insurance Quote section to do a rate comparison. You can check whether your rate is comparable to the lowest from our rate comparison of over 15 different insurance companies. If you find that your rate is lower, that means you're paying a fair price for your insurance. If your rate is higher, we suggest that you proceed in getting the insurance company name.
6. Is there a fee for getting an insurance quote?
All quotes completed on this website are absolutely FREE.
7. I am having difficulty with my current insurance company over a claim or ticket; what should I do?
You may wish to check out the Financial Services Commission of Ontario if you are an Ontario driver, as they are the regulatory body for insurance in the province. There are similar regulatory bodies throughout the country depending on your province.
8. What is the difference in insurance if my vehicle is financed?
There is no difference in insurance rates, if the vehicle is financed or not. The only difference may be that if the vehicle is financed, the finance company may want you to carry full coverage, that means that you must have collision and comprehensive coverages on your policy.
9. I have an RV/motorhome that I want to insure.
We do not offer insurance quotes for RV's, however, the best place for your RV insurance would be where you place your auto insurance. They can add this to your auto package and often add discounts for packaging the two together. Most companies which offer auto insurance will also insure your RV.
Adding your home insurance to that package can further reduce both your auto insurance and often the RV insurance as well.
10. The rate quoted is higher than what I am currently paying
Rates are based on the information provided. We use the same rating software as the majority of brokers in the country (Compu-Quote Rating Services).
There are a number of reasons why the quote you received is higher:
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90% of rate discrepancies occur due to the wrong information being input. For example, many car models are similarly-named and this can lead to a considerable difference in rates. Be sure you have the right vehicle model.
Some drivers, if they have had an accident in the past six years and were found at-fault or partially at-fault, may have an endorsement called Accident-Forgiveness or Accident-Protection on their existing insurance policy. This type of coverage is not transferrable to another company, and the rate calculated will be higher because the driver is being charged for an at-fault accident that their current company has forgiven and not charged for.
If your rate is from last year's renewal, the system may not be able to generate something lower. Insurance companies can file for rate increases up to 4 times per year, so your rate from last year will be based on different rates than today. Wait for your renewal and then compare the annual premiums.
If the rate is approximately 10% different, it may be due to a loyalty or renewal discount. If you have property insurance with the same company, you may be eligible for another discount of approximately 10%. This can be transferable when you speak to the broker representing the company quoted.
Please double-check that you completed the form properly. In particular, look carefully at the license/insured sections. If you skip the "Insured Since" question, you may be rated as a new driver. Also, if you have a full G licence, and went through the graduated licensing system, please make sure you completed all sections G, G1 and G2.
If you have international driving experience and are being credited for that with your existing company, the quote will be higher. Most companies will not quote for international driving records, and therefore you will not be able to get a quote from this site.
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