LowestRates.ca review

Updated September 28, 2026 · AssureCue Editorial Team · Facts checked September 26, 2026

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Our verdict

LowestRates.ca suits Canadian households and small businesses who want quotes across auto, home, life, travel and commercial lines from a single comparison site. It ranks 1 of 252 brands on entry premium, starting at CAD 0, with monthly payments on car cover.

Key facts

Best for
Canadian households and small firms wanting many quote types in a single place, priced from CAD 0.
Premium from
CA$0 (Source, checked September 26, 2026)
Insurance types
Auto, Home, Life, Travel (Source, checked September 26, 2026)
Provider type
Comparison site (Source, checked September 26, 2026)
Monthly payments
Yes (Source, checked September 26, 2026)
Legal entity
Rates.ca Group Ltd. (Source, checked September 26, 2026)
Headquarters
Canada (Source, checked September 26, 2026)
Founded
2012 (Source, checked September 26, 2026)
Support channels
Help-centre (Source, checked September 26, 2026)
Pricing model
Monthly
Official website
lowestrates.ca

Business insurance

Provider type
Comparison site (Source, checked September 26, 2026)
Cover types
Professional-indemnity, Employers-liability, Property (Source, checked September 26, 2026)
Premium from
CA$0 (Source, checked September 26, 2026)
Monthly payments
Yes (Source, checked September 26, 2026)
Legal entity
Rates.ca Group Ltd. (Source, checked September 26, 2026)
Headquarters
Canada (Source, checked September 26, 2026)
Founded
2012 (Source, checked September 26, 2026)
Support channels
Help-centre (Source, checked September 26, 2026)

Apps and profiles

Elsewhere
LinkedInXfacebook.com

Pros and cons

Pros

  • Entry premiums start at CAD 0, with the site median higher at €8.37 and a rank of 1 of 252 brands.
  • As comparison site, it returns quotes across auto, home and life together, so a single search shows several prices.
  • Car cover can be paid monthly, and monthly payments are available, so the premium is spread across the year rather than settled in a lump.
  • Business cover runs across professional indemnity, employers liability and property, so a small firm can price several lines together.
  • The legal entity Rates.ca Group Ltd. has been based in Canada since 2012, which gives some continuity behind the quotes.

Cons

  • Support runs on help centre only, so anyone who wants to pick up the phone has no route listed.
  • Its entity kind is comparison site, so the policy is written by whichever insurer returns the quote rather than by the site.
  • Personal lines run to auto, home and life, so pet, motorcycle and health cover sit outside the listed range.
  • Good Sam Insurance Agency lists auto, home and renters, a wider product set than the auto, home and life quoted here.

Ready to try LowestRates.ca?

Scored 8.8 / 10 by AssureCue.

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Who it suits

  • Canadian households shopping for auto, home, life or travel cover monthly
  • Small businesses wanting professional indemnity and property quoted together
  • Drivers who want a single starting premium rather than several quotes

Who should look elsewhere

  • Readers who want a direct insurer, as Euroasia Insurance sells cover itself from UZS 60,000
  • Shoppers wanting the wider range Good Sam Insurance Agency lists in auto, home and renters

Price signals

Entry premiums shown for LowestRates.ca start at CAD 0, under the site median of €8.37 and below the upper band of €29.72. On that measure it ranks 1 across the 252 brands rated, and the lowest entry premium in the set is €0. Payment structure shapes the rest of the cost picture. Car cover runs on a monthly model and monthly payments are available, so the premium is spread across the year rather than settled in a lump. For a household tracking cash month to month, that changes the shape of the bill even when the total is unchanged. Business cover is a second cost line to weigh. The lines listed are professional indemnity, employers liability and property, so a small firm can price them together. The site median indemnity limit is €3,486,547.74, with €876,962.20 at the low end and €11,621,825.79 at the high end.

The company behind it

LowestRates.ca operates as comparison site, so the contract sits with whichever insurer returns a quote rather than with the site itself. The legal entity is Rates.ca Group Ltd., headquartered in Canada, and it has been trading since 2012. Support is listed as help centre, which points to self service through a help centre, with no phone or chat route on the list. Anyone who wants to talk through a claim or a billing question will want to confirm what the insurer offers once a quote is in hand. The site works across auto, home and life for personal lines and adds business cover in professional indemnity, employers liability and property, which is why it suits a household and a small company looking at several policies in parallel.

How LowestRates.ca compares

Where LowestRates.ca is available

Available
Canada

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

How much does cover from LowestRates.ca start at?+

The entry premium shown for LowestRates.ca starts at CAD 0. The site median comes in higher at €8.37, and on that measure LowestRates.ca ranks 1 across the 252 brands rated. The exact figure depends on the insurer returned and the cover you pick.

Can I pay monthly instead of settling the whole premium at once?+

Yes. Monthly payments are available on car cover, and car pricing runs on a monthly model, so the premium is spread across the year. That suits anyone managing a tight monthly budget. Home, life and travel quotes may be arranged differently, so check the payment terms on each quote.

What kinds of insurance does LowestRates.ca quote?+

Personal cover runs across auto, home and life, so auto, home, life and travel are all in scope. For businesses the listed lines are professional indemnity, employers liability and property. A single site can therefore cover a household and a small firm, though pet, motorcycle and health sit outside the listed personal range.

Is LowestRates.ca an insurer?+

No, it is a comparison site, so it gathers quotes and passes you to the insurer that fits. The legal entity behind it is Rates.ca Group Ltd., based in Canada since 2012. Your policy and any claim run with the insurer named on your quote rather than with the site.

How do I get help if something goes wrong with a policy?+

Support is listed as help centre, which points to a help centre rather than a phone or chat line, so most questions get worked through there. For a live claim you deal with the insurer named on the policy, so keep that contact detail with your documents.

What indemnity limit should a business aim for?+

The site median indemnity limit is €3,486,547.74, with a lower quartile of €1,458,053.49 and an upper quartile of €5,810,912.89. The lowest in the set is €876,962.20 and the highest is €11,621,825.79. LowestRates.ca quotes professional indemnity, employers liability and property, so limits can be set against the work you do.

How does LowestRates.ca compare with a direct insurer?+

A direct insurer such as Euroasia Insurance sells cover itself at an entry premium of UZS 60,000, with no comparison step. LowestRates.ca takes quotes from the market instead, starting at CAD 0, which suits readers who want several prices side by side before choosing.

Can a single site cover a whole household?+

It can, since LowestRates.ca is based in Canada and quotes auto, home and life. Car cover can be paid monthly, and home, life and travel quotes run through the same site. If you also want pet, motorcycle or health cover, a wider provider such as Good Sam Insurance Agency lists auto, home and renters.

Sources

  • lowestrates.ca checked September 26, 2026

    Backs: Provider type, Insurance types, Premium from

    “No, LowestRates.ca isn't a broker. We're a comparison website that allows you to easily view quotes from multiple providers, all in one place.”

  • lowestrates.ca/about checked September 26, 2026

    Backs: Support channels

    “Our company: About Us, Contact Us, Partner With Us, Careers, Help Centre, Press, Privacy Policy, Terms of Use, Accessibility”

  • lowestrates.ca/about-us checked September 26, 2026

    Backs: Founded, Headquarters, Legal entity

    “LowestRates.ca is a Canadian fintech company founded in 2012 by co-founder and then-CEO Justin Thouin and based in Toronto, Ont.”

  • lowestrates.ca/insurance/auto checked September 26, 2026

    Backs: Pricing model, Monthly payments

    “Lowest Rate $131/mth $1,573/yr”

  • lowestrates.ca/insurance/commercial/professional-liability checked September 26, 2026

    Backs: Cover types

    “Professional liability Insurance: Get a Cheap Professional Liability Insurance Quote”

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

LowestRates.ca

Canadian households and small firms wanting many quote types in a single place, priced from CAD 0.

8.8/10See alternatives

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