5 tips for saving money on insurance costs Oct 14th

There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.
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Do I really need life insurance? + MORE Jul 31st

Life insurance shouldn’t be one of those things you put off thinking about—because you (and the people who depend on you) could need it at any time. But many do wonder if it’s worth the monthly premiums. How do you know if it’s necessary? Why do we need life insurance anyway? “In gener.... More »

How to find a lost life insurance policy Feb 12th

My stepfather left a will and a trust with my mom and brother as trustees. My stepfather raised me since I was five. Before he died, he told me he had a policy with my name on it, but my mom and brother won’t tell me. What could I do? Do I have rights?—Ladana The details of a will and lif.... More »

6 times when a GIC is a smart investment choice + MORE Mar 13th

A guaranteed investment certificate (GIC) may seem like your grandfather’s kind of savings product. After all, his generation was fond of similar investment tools, like government savings bonds and treasury bills, and benefited from periods where interest rates were high enough to make these low-r.... More »

TFSA contribution room calculator + MORE Aug 28th

TFSA contribution room calculator Find out your current tax-free savings account (TFSA) contribution limit by using this calculator. Note that in the second box below, you should not “double count” contributions that you have withdrawn and then legitimately re-contributed in the following.... More »

Kia Soul review: The best used small SUV + MORE Apr 29th

Fun, efficient and practical, the Kia Soul is a worthy addition to my list of the 10 best used cars in Canada. Compare personalized quotes from Canada's top car insurance providers.All in under 5 minutes with ratehub.ca. Let's get started.*Get free quotesYou will be leaving MoneySense. Just close .... More »
Saving money on insurance isn’t as big of a task as you might think. At first, it can feel overwhelming to navigate your insurance bill, looking for ways to reduce your premiums (and future costs too!). But the truth is, by making simple changes to your insurance policies and as well as handling a few tasks on your own end, you can reduce the amount you pay for insurance coverage. Here’s how.
Bundle up!
Bundling isn’t just for phone and cable services; your insurance provider should reward you for bundling up your home and car policies. Not only does it make your life easier—you’ll have a single payment and one place to renew your policies—but you can also get discounts too. For example, Ontario insurance provider Onlia* offers 10% off auto when you bundle it with your home insurance. And if you have more than one car, you save another 10%. It’s like a loyalty program that gives you the discounts upfront. 
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