Bundling Home and Auto Insurance in Ontario: How Much Can You Save?
The multi-line discount is the single most reliable way to cut both premiums at once. Here's how bundling works in Ontario and what to check before you combine.
If you insure a car and a home separately, you are almost certainly overpaying. Bundling home and auto insurance in Ontario is the single easiest way to reduce both premiums at once, because insurers reward customers who keep more of their business in one place. One policy, one renewal, one broker, and a multi-line discount that stacks on top of an already competitive rate.
How much can you save
Most Canadian insurers publish a multi-line discount, commonly cited at about 5 to 15 percent depending on carrier, and sometimes stacked with affinity discounts. Exactly how much that is worth on your own bill depends on your premiums and the carrier, so treat any range as illustrative, your savings will vary. Where it applies, the discount usually applies to both the auto and the property policy, so the saving compounds across the household.
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Start your quoteWhat you can bundle
- Auto and home
- Auto and condo
- Auto and tenant (renters)
- Secondary vehicles and recreational toys, including boats, ATVs, and snowmobiles
- Multiple properties under a portfolio program
What to check before you bundle
- Are both policies with the same broker so nothing slips at renewal? A single broker re-shops the whole bundle every year and keeps the discount in place.
- Is the combined deductible structure affordable in a multi-claim year? Some insurers apply a single deductible when the same event damages both home and auto.
- Does the insurer offer re-shopping if the rate rises after the first year? The first-year discount is not the whole story; the renewal behaviour matters as much.
- Are the coverage limits still correct once the policies are combined? Bundling should not quietly lower liability or water coverage to hit a price point.
Broker vs. direct on a bundle
A direct insurer bundles only its own products, so you see one company's version of a discount and nothing else. A broker quotes the bundled rate across multiple insurers, shows you the unbundled comparison side by side, and lets the numbers decide. A broker also catches the case where unbundling actually costs less, which happens when one insurer is far better on auto and a different one is far better on home.
The bottom line
Bundling is the most reliable single move to cut both premiums at once, and a broker confirms whether the bundled rate actually beats the best unbundled numbers. Start a quote with Truly Insurance and we will run both the bundled and unbundled math for you. Browse our home and auto insurance coverage options and we will bundle them into a single renewal.
Where Truly Insurance insures across Ontario
Truly Insurance is an Ontario insurance brokerage, and our team of licensed insurance brokers is authorized to arrange coverage anywhere in the province. Our home office is in Kitchener, at 22 Water St S Ste 100, and our brokers work with clients across the Waterloo Region cities of Waterloo, Cambridge, and Guelph, the Southwestern Ontario corridor including London, Brantford, and Stratford, the entire Greater Toronto Area from Toronto and Mississauga to Brampton and Markham, Eastern Ontario including Ottawa and Kingston, and Northern Ontario including Greater Sudbury and Thunder Bay.
You do not have to live near our Kitchener office to work with us. Every Ontario policy is arranged by a named broker who works with you by phone, email, and video, and our team can quote, bind, and service coverage for any address in the province. Find your city or call (519) 800-4770 and a licensed Ontario broker will reach out the same day.
Frequently asked questions
How much do you save by bundling home and auto insurance in Ontario?+
Most Canadian insurers publish a multi-line discount, commonly cited at about 5 to 15 percent depending on carrier, and it usually applies to both the auto and the home policy. Any specific figure is illustrative, your savings will vary, and your broker will quote the actual number against several insurers at once.
What can you bundle with auto insurance in Ontario?+
You can bundle auto with home, condo, or tenant insurance, plus secondary vehicles and recreational toys such as boats, ATVs, and snowmobiles. Multiple properties can also be bundled under a portfolio program.
Is bundling always cheaper than separate policies?+
Usually, but not always. A broker quotes the bundled rate and the best unbundled numbers side by side, because sometimes one insurer wins on auto and a different one wins on home. The numbers decide, not the discount label.
Do I need the same broker for both policies?+
It is strongly recommended. A single broker keeps the discount in place, re-shops the whole bundle every renewal, and catches gaps. Splitting brokers risks a discount being lost at renewal.
Does bundling lower my liability limit?+
It should not. Confirm the coverage limits are correct once the policies are combined, because bundling should never quietly reduce liability or water coverage to hit a price point.
Can I bundle auto and tenant insurance?+
Yes. Tenant, or renters, insurance qualifies for the same multi-line discount as home or condo, so renters can still save by bundling with auto.
Disclaimer: This article is for general information only and is not financial or insurance advice. Rates, coverage, and eligibility vary by individual circumstances, insurer, and region. Always contact a licensed insurance broker for guidance specific to your situation.
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