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Learn more about TD Insurance's auto coverage

TD Insurance is the largest direct-response home and auto insurance group in the country and one of the top three personal home and auto insurance groups in Canada.

TD Insurance, which for many years was known as Meloche, became the sole Canadian brokerage firm to own both brokerage and underwriting entities, and in 1991 the company was renamed Meloche Monnex Inc. In 2000, with offices located across Canada, the company became a member of the TD Bank Group and was renamed TD Insurance.

The company offers products for home, auto, life, travel and life insurance needs.

 

 

Other types of insurance offered by TD Insurance

As one of the largest financial institutions in Canada, TD Insurance offers many insurance products beyond car insurance.

For homeowners, TD offers its “Million Dollar Solution” plan, which gives clients a single flexible coverage amount that is paid out and can be used for many things, from rebuilds to the replacement of your personal effects.

There is also the traditional all-risks policy that covers named perils as well as enhancements such as:

  • Family coverage: This product protects the costs incurred due to events like cyberbullying. It also provides coverage (liability and contents) for parents living in nursing homes.

  • Eco-efficient rebuilds: Coverage that allows for eco-efficient upgrades after a covered loss.

  • Claims forgiveness: When your policy renews, you won’t see an increase after your first claim.

  • Other enhancements: For items like fine art or jewelry that require additional coverage.

Condo: TD extends home insurance coverage to condo owners.

Tenant: Protects your liability and personal belongings.

Travel: Depending on your travel schedule, TD offers medical plans that can be purchased as a one-off for single trips or yearly if you are a frequent traveller.

Life: This protects loved ones in case of death and can pay for such things as a funeral or help them with financial hardships during a difficult time.

Accident and health: This protects you or your family in case you suffer a covered critical accident or disability, injury or even death.

Small business: You can get customized service coverage for your small business with Commercial Auto, Commercial Property and Commercial General Liability Insurance.

TD protection plans: This offers protection for a mortgage, credit card, loan, or small business credit protection should you experience a covered event.

TD Insurance offers its customers a one-stop shop for auto claims and repairs. The TD Insurance Auto Centre allows you to file a claim, drop off your vehicle, get an appraisal, repair, and, if needed, rent a car – all at one location. Also, you only deal with one contact throughout the claims process – the TD Insurance adjuster onsite assigned to the claim.

Another convenience offered to customers is the TD MyInsurance app. The app gives customers the freedom to change policies, add or change vehicles and drivers, update billing and access documents from their couch. You can even download a digital pink card to your phone — no more searching for it in your glove compartment.

TD Insurance discounts

Discounts

There are a whole host of discounts you can apply for when signing up with TD insurance. These discounts can be applied to all kinds of vehicles, from ATVs to motorcycles and more.

Depending on your needs, your driving habits and safety record, you can access different discounts such as:

  • Multi-product discounts for bundling your home and auto insurance policies
  • Multi-vehicle discounts for insuring two or more vehicles
  • Discounts for IBC-recognized hybrid or electric vehicles
  • Increase your auto insurance deductibles
  • Consider removing collision coverage from older vehicles
  • Maintain an excellent driving record by remaining claims-free and conviction-free
  • 10% discounts when you receive a quote and buy insurance online
  • Group discounts if you are a member of an alumni, employer group or professional association

Join the millions of Canadians saving money on auto insurance

The first rule of saving money is to shop around for the best price. Make sure you’re not overpaying for car insurance by comparing insurance providers before you settle on one. LowestRates.ca makes comparing multiple auto insurance companies a snap. We don’t sell insurance — we’re completely independent — but we can show you which insurer is offering the lowest price. Just enter your postal code and in 3 minutes we’ll show you rates from 50+ Canadian insurance providers. Best of all? It’s free.

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What people say after comparing rates on LowestRates.ca:

April 25
Straight forward
Straight forward and to the point.
Ed Campbell
April 25
The Broker was very respectful to me…
The Broker was very respectful to me throughout his service to me. He patiently ...
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April 24
the whole process was so simple
the whole process was so simple, my call was answered quickly all of my question...
cs
April 23
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April 22
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Good communication
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April 21
percise questions asked, timely responce from rep, very polite to my quetions and her responce.
good clear questions
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April 17
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April 15
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April 11
SARA WAS VERY HELPFUL AND VERY EFFICIENT
SARA WAS VERY HELPFUL AND VERY EFFICIENT
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April 11
its always people
its always people, and Erin Upsdell was knowledgeable, helpful and professional....
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Good Service.
Clear request of info.... fast results.... follow-up recommendation appreciated.
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The broker made my transition from my…
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agent was direct and professional
agent was direct and professional
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April 5
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See how our customers with collision coverage save big on auto insurance.

CustomerLocationVehicleLowest rateAverage rateSaved
Quote from April 22, 2025
Customer
Male, 18 years old
Location
ontario
Vehicle
2023 HONDA CIVIC LX 4DR
Lowest Rate
$816/mth
$9,792/yr
Average Rate
$983/mth
$11,795/yr
Saved
$167/mth
16.98%
Quote from April 22, 2025
Customer
Male, 40 years old
Location
ontario
Vehicle
2023 FORD F150 KING RANCH HEV SUPERCREW 4WD
Lowest Rate
$798/mth
$9,572/yr
Average Rate
$997/mth
$11,963/yr
Saved
$199/mth
19.99%
Quote from April 22, 2025
Customer
Female, 35 years old
Location
ontario
Vehicle
2023 FORD F150 KING RANCH HEV SUPERCREW 4WD
Lowest Rate
$314/mth
$3,765/yr
Average Rate
$660/mth
$7,922/yr
Saved
$346/mth
52.47%

Auto insurance quotes are compared from CAA, Coachman Insurance Company, Economical Insurance, Gore Mutual, Pafco, Pembridge, SGI, Travelers, Zenith Insurance Company

Joel Kranc

Joel Kranc

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Joel Kranc is an award-winning writer, author and journalist.

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