shouldiuse.io

Categories

VERDICT

Should I use LowestRates.ca?

Compare Car, Home Insurance & Personal Finance Rates - lowestrates.ca

Depends. A free, legitimate starting point for Canadians shopping car insurance, mortgages, or credit cards — if you tolerate broker follow-up and marketing emails. Skip it if you won't share personal info or your profile is niche; Reddit users report missing quotes for new drivers.

Confidence

Medium. Based on ~20 public sources; most snippets were truncated, so some user quotes are partial.

Ratings

  • Value for money
  • Ease of useNo direct usability evidence in sources
  • Feature depth
  • Support quality
  • Security posture

Pricing

$0

Free consumer quotes

ModelNot disclosed
Monthly feesNot disclosed
HardwareNot disclosed
Free tierYes

Best for

  • Canadians shopping car or home insurance
  • Mortgage rate browsers
  • New G2 drivers comparing quotes
  • Credit card rewards hunters

Not for

  • Anyone unwilling to receive broker calls and marketing emails
  • Niche driver profiles — users report quotes not shown
  • Non-Canadians — coverage is Canadian markets only
  • Businesses — this is a consumer-only comparison site

Gotchas - check before you buy

medium

Expect marketing emails after use; a Reddit PSA criticized its loan advertising emails

medium

Quotes may not appear for new G2 drivers or unusual profiles

medium

Not BBB accredited; site earns from partner lead fees, so quotes are lead-gen

low

'Canadians save on average' claims are marketing averages, not your guaranteed quote

Pros and cons

Pros

  • Free to use for consumers
  • Compares car, home, mortgage, and credit card products in one place
  • Dedicated quote flow for new G2 drivers
  • Operating since 2012; MaRS FinTech cluster alumnus

Cons

  • Not BBB accredited
  • Users report unsolicited loan-marketing emails after signing up
  • Some users report no quotes shown for new drivers
  • Sister site draws 'avoid' advice in Reddit threads

Sources & method

Analyzed 9/30/2026 - 10 sources - No known vulnerabilities found in the sources reviewed.

official x3review x5security x1news x1

Key stats

  • Value for money: 5/5

    Rating

  • $0

    Starting price

  • 10

    Sources

  • Analyzed

  • Value for money: 5/5. Free for consumers to use
  • Ease of use. No direct usability evidence in sources
  • Feature depth: 4/5. Auto, home, mortgage, credit cards, HELOC, G2 drivers
  • Support quality: 2/5. Users cite unwanted marketing emails after use
  • Security posture: 4/5. No public vulnerabilities; publishes security page
  • 2012 Founded Toronto-based, per About Us
  • $0 Cost to consumers Quotes advertised as free
  • Not accredited BBB accreditation Per BBB business profile
  • 125 pages Trustpilot review volume Of customer reviews

Pricing

Free consumer quotes

$0

  • Insurance quote comparison
  • Mortgage and HELOC rates
  • Credit card comparisons

Security

No known vulnerabilities found in the sources reviewed.

Full analysis

Based on ~20 public sources; most snippets were truncated, so some user quotes are partial.

Free Canadian rate comparison site; useful starting point, but expect follow-up marketing and patchy quotes for some profiles.

Methodology

Based on ~20 public sources; most snippets were truncated, so some user quotes are partial.

Sources

  1. LowestRates.ca homepagelowestrates.ca
    official
  2. About Us | LowestRates.calowestrates.ca
    official
  3. Compare car insurance quotes for G2 drivers for freelowestrates.ca
    official
  4. Trustpilot reviews of lowestrates.catrustpilot.com
    review
  5. LowestRates.ca BBB Business Profilebbb.org
    review
  6. PSA about getting insurance quotes from lowestrates.careddit.com
    review
  7. PSA: LowestRates.ca is sending out emails advertising loansreddit.com
    review
  8. Insurance for new G2 driver — r/Ontariodrivetestreddit.com
    review
  9. LowestRates.ca joins MaRS FinTech cluster — BetaKitbetakit.com
    news
  10. PlutoSec cybersecurity services client listingplutosec.ca
    security

Rate this review

Anonymous. You can change your vote.

Loading votes…

Comments

One queue. No nested comments. Give a display name first. Limit: 200 words per comment and 7 comments per day. You can edit or delete yours.

Save a name to write a comment.

0 / 200 words

No comments yet.