TD Auto Insurance Quote: How to Get One and Save Money

Shopping for car insurance rarely feels like fun, but the promise of a few clicks and a lower rate makes it worth the effort. TD Insurance offers online quotes in minutes, along with discounts that can add up fast — if you know where to look.

Number of available discounts: 15+ ·
Online quote availability: Yes, instant quotes ·
Parent company: TD Bank Group

TD Insurance has been in the market since 1946, and its discount catalog runs deep. Below are key facts about the company and its quoting process, drawn from official sources.

How do I get a TD auto insurance quote?

Online quote process

• Visit the TD Insurance website and start a quote.
• Fill in driver and vehicle details — the form takes about 5 minutes (TD Insurance Official).
• Receive an instant estimate you can save or adjust.

Information needed for a quote

• Driver’s license number
• Vehicle identification number (VIN)
• Driving history (including claims and tickets)
• Primary usage (commute, pleasure, business)

Using the TD Insurance app

• Available on iOS and Android
• Upload documents and manage your policy
• Access TD MyAdvantage for usage-based savings (Rates.ca)

The implication: Getting a quote is straightforward, but the real savings come later when you stack discounts — and that requires knowing exactly what information to enter from the start.

How to save on TD auto insurance?

TD Insurance discounts overview

TD offers more than 15 discount opportunities. Some of the most impactful include:

• Multi-vehicle discount — insuring two or more cars under the same policy.
• Home+auto bundling — can cut your premium by up to 15% (TD Insurance Official).
• Loyalty discount — for long‑term customers.
• Good driving record — no claims or tickets can lower your rate.

Bundling home and auto

Combining your home and auto insurance with TD is one of the easiest ways to save. The bundling discount often reaches 15%, according to rate comparison sites.

Increasing deductibles

Raising your deductible from $500 to $1,000 can reduce your premium by 15–30%, depending on your province. Just make sure you have that amount in savings for a potential claim.

Taking advantage of loyalty programs

TD’s Decreasing Deductible endorsement drops your deductible by 10% each year you stay claim‑free (Rates.ca). Over time, a $1,000 deductible can shrink to $500 or less.

The pattern: TD discount stacking demands initiative — each saving requires a separate request during quoting. Missing one means paying more.

Who is the cheapest vehicle insurance?

Comparing TD with discount insurers

TD Insurance may not be the absolute cheapest in every province, but its discounts bring it into the competitive range. For example, drivers in Ontario often see higher premiums overall (Rates.ca), while Quebec residents benefit from TD’s 10% Buy Online Discount (TD Insurance Official).

Two patterns emerge from comparing insurers:

Factors affecting insurance rates

• Age and driving experience
• Location (postal code)
• Credit score (used in most provinces)
• Annual mileage
• Claims and ticket history

Average premiums by province

Ontario averages around $1,700 per year, while Alberta and Quebec fall lower. The exact number depends heavily on your city and driving record.

The pattern: TD’s online‑only discounts in Quebec and Atlantic Canada can make it one of the cheapest options in those regions, but in competitive markets like Ontario, shopping around is essential.

Who is TD Insurance with?

TD Insurance parent company

TD Insurance is a subsidiary of TD Bank Group, one of Canada’s largest financial institutions (TD Insurance Official).

Partnerships and affiliations

Policies are underwritten by TD Home and Auto Insurance Company. The company also partners with dealers and auto clubs for group discounts.

Financial strength ratings

TD Insurance is rated A by A.M. Best, indicating strong financial stability and ability to pay claims.

Why this matters: A strong parent company means you can bundle banking and insurance for extra convenience, but it also means rates are set with a national bank’s cost structure — not always the leanest option.

What not to tell your insurance company?

After an accident

• Do not admit fault — let the investigation determine liability.
• Do not give a recorded statement without legal advice.
• Do not speculate about injuries or damage.

During the application

• Be truthful about your driving history, primary usage, and all household drivers.
• Do not hide a past claim or ticket — it will surface and can result in denial or cancellation.

Avoiding claim denial

Misrepresenting the vehicle’s primary driver or using a personal policy for delivery work are common reasons for claim rejection. Always disclose how you actually use the car.

The catch: Honesty is a requirement. Any omission during quoting can void a policy later — verification is standard practice.

Step‑by‑step: Getting your TD auto insurance quote

1. Gather your driver’s license, VIN, odometer reading, and current insurance details.
2. Go to tdinsurance.com and click “Get a quote”.
3. Enter your personal and vehicle information.
4. Choose coverage levels (liability, collision, comprehensive, etc.).
5. Review discount opportunities — check every box that applies.
6. Save the quote; it stays valid for up to 30 days.
7. Compare with at least two other insurers before buying.

“TD’s online tool provides an instant quote in most provinces, and the Buy Online Discount in Quebec can drop your rate by 10% for the first term.”

TD Insurance Official

“Customers who enrol in TD MyAdvantage start with a 10% discount and can earn up to 25% based on safe driving behaviour.”

Rates.ca

For Canadian drivers shopping for auto insurance, the choice is clear: use TD’s online tools to get a baseline, stack the discounts you qualify for, and always compare with at least one other provider. Failing to ask about the Buy Online Discount or the Decreasing Deductible means leaving money on the table.

Frequently asked questions