TD Insurance is one of Canada's largest direct-writer insurers — meaning you buy directly online or over the phone, no broker involved. Auto, home, travel, life, and credit insurance. Especially aggressive on rates for TD bank customers who bundle products. Operates under the TD Insurance, TD Meloche Monnex (Quebec), and TD MyAdvantage brands.
TD Insurance offers steep "TD Bank customer" discounts that look attractive in year one but creep up at renewal. We've seen home insurance rise 18-25% in year 2-3 with no claims, no risk changes — just price-walking. Shop competitors every renewal. The auto telematics program (TD MyAdvantage) can save safe drivers 20-30% but transmits speed/braking data continuously — opt out if privacy matters. Claims service is rated above-average by JD Power 2024 surveys.