Bundle Home and Car Insurance Canada

How combining your home and auto policies with one insurer saves money — and when it's smarter to keep them separate.

What Is Insurance Bundling?

Insurance bundling means purchasing two or more types of insurance — most commonly home (or tenant/condo) and automobile — from the same insurer. In exchange for the combined business, insurers offer a multi-line discount on each policy. This is one of the most reliably effective ways to lower your total insurance spend in Canada.

Typical Bundle Savings

Insurer	Auto Discount	Home Discount	Combined Annual Saving (example)
Intact Insurance	5–15%	5–15%	$200–$500
Aviva Canada	5–12%	5–12%	$180–$420
Desjardins	5–15%	5–15%	$200–$500
CAA Insurance	8–15%	8–15%	$250–$550
Co-operators	5–10%	5–10%	$160–$380
Wawanesa	5–12%	5–12%	$180–$400

Bundle Math: Is It Worth It?

Consider a household paying $1,800/year for auto and $1,400/year for home insurance with different insurers ($3,200 total). If bundling with one insurer generates a 10% discount on each:

• Auto savings: $180/year
• Home savings: $140/year
• Total savings: $320/year

However, bundling is only worthwhile if the insurer is competitive on both products. If their home insurance rate is $400/year higher than a specialist home insurer, the $140 discount doesn't close the gap. Always compare bundled vs. unbundled scenarios with real quotes.

What Can Be Bundled

• Home + auto: The standard bundle. Covers house owners.
• Tenant (renter's) + auto: Great for renters — tenant insurance is very affordable and the bundle discount on auto can be meaningful.
• Condo + auto: For condo owners. Similar savings as home + auto.
• Multi-vehicle + home: Two or more cars plus home insurance often qualifies for both multi-vehicle and multi-line discounts simultaneously.
• Seasonal/recreational + auto: Some insurers extend bundle discounts to motorcycle, ATV, or boat policies added alongside auto.

When Bundling Is Not the Best Choice

Bundling is not always optimal. Situations where keeping policies separate may be smarter:

• Your home insurer specializes in high-value or heritage homes with significantly better coverage terms
• You have a complex property (rental units, home business) requiring a specialty home policy
• One insurer is dramatically uncompetitive on one of the two products even after the discount
• You live in a condo building with a specific insurer preferred by your condo corporation

How to Switch to a Bundle

The easiest time to bundle is at renewal. Contact your preferred auto insurer 60 days before your home policy renews (or vice versa) and ask for a bundled quote. Most brokers can run combined quotes for you across multiple insurers. Confirm the effective dates align so you don't have a coverage gap on either policy.