Skip to main content

Insurance savings for students and recent graduates.

Dealing with adulthood can come with some exciting benefits, like the good feeling of saving on insurance. Whether you need car, tenant or home insurance for the first time, or are looking for a better deal – we’ve got the protection you need with the savings you want.

Understanding car and tenant insurance

 

With more independence comes more responsibility. Whether you’re buying your first car or renting your first apartment, these exciting milestones go hand-in-hand with insurance. It’s important to make sure you have the right coverage for your unique needs, so you could get financial protection in case of the unexpected, like if your car or belongings are stolen or damaged. Insurance can also help provide financial protection if you're responsible for damages or injuries to other people, in certain situations.

  • Car Insurance

    Depending on your province, mandatory car insurance coverage can include:

     

    • Liability Coverage
      If you injure someone or damage property, payments are made on your behalf.

    • Direct Compensation
      Damage is covered if you’re not at fault.

    • Uninsured Car Coverage
      Medical costs and damage are covered if an uninsured driver is at fault.

    • Accident Benefits Coverage
      Regardless of who’s at fault, medical and other expenses are covered.
    Learn more

  • Tenant Insurance

    Regardless of your province, standard tenant insurance includes:

     

    • All Risks
      Your belongings are covered against damage from fire, theft, water and natural disasters. In fact, you’re protected against all causes of loss except standard exclusions like illegal activity or wear and tear.

    • Contents
      Most of your belongings are insured up to the amount you decide, while some items have limits, like fine art and jewellery. You can get increased limits with either Enhanced Home Coverage or Personal Valuables Coverage.

    • Additional Living Expenses
      If you can’t live at home while repairs are being made because of a claim, we’ll cover your temporary living expenses.

    If you are a Canadian student temporarily living away from home while studying in Canada, you may already have coverage under your parent's policy. Check with their provider to find out.

    Learn more

Looking for home or condo insurance?

Explore your options for home or condo insurance that fits your unique needs.

Buy online

Insurance for International Students

 

More and more of Canada’s post-secondary students come from abroad1. So, we want to share some important insurance tips to help international students have a smooth transition when it comes to insurance.

  1. If you’re renting an apartment, it's unlikely your parent's home insurance policy from abroad covers you in Canada. Tenant insurance can help protect against unexpected expenses. It’s not mandatory but it may be required by your landlord. In addition to providing coverage for your belongings, tenant insurance also provides protection if you're sued for unintentional injury or property damage affecting a third party.

  2. If you own a car or plan on buying one, it’s mandatory to have it insured in Canada.

  3. If you or your parents own the home you’re living in, responsibility lies with the property owner to have a homeowners’ or condo policy with enough coverage in place to cover the structure, furnishings and any potential legal liabilities arising from ownership of the property.

Ways to save

 

Discover all the different ways you can save on insurance with the discounts below.

Why choose us as your insurance company?

  • Committed to Savings

    With the TD Insurance Savings Commitment, we will help you find ways to save on your home and auto insurance.

  • Coverage That Fits

    Personalized coverage assessments for home and auto so you can feel confident your coverage fits your needs.

  • Here for You When It Matters Most

    Conveniently speak to an advisor, get your car repaired, and pick up a rental vehicle at a TD Insurance Auto Centre.

‡ Conditions apply. Subject to eligibility rules.

Note: You may not always be given the option to buy online. If this happens, we encourage you to call and speak to one of our licensed advisors, or let us call you!

In order to be eligible for the Buy Online Discount for home or car insurance, you must meet eligibility requirements to buy home or car insurance online and complete your purchase of this insurance online. Note: You may not always be given the option to buy online. This may occur, for example, if information provided requires additional verification or if your purchase must be completed with an advisor based on your specific insurance needs. If you are unable to buy online, we encourage you to call and speak to one of our licensed advisors or let us call you!

Offers may be changed, withdrawn or extended at any time without notice.

• 10% Home Insurance Savings (not available in Quebec)
A 10% Buy Online Discount in the first policy term will be available to customers for completing the home, condo or tenant Insurance purchase online. The Buy Online Discount is applicable to premiums charged for the base insurance policy and the following endorsements: Above Ground Water, Extended Water Damage and Fuel Overflow or Escape.

• 10% Auto Insurance Savings (Ontario)
10% savings off eligible coverage in the first policy term is derived from a combination of two separate discounts:

- a 5% Digital Discount for completing the auto insurance quote online, applied when the auto insurance purchase is also completed online. The Digital Discount will continue to be applicable upon policy renewal.

And

- 5% Buy Online Discount in the first policy term for completing the auto insurance purchase online.

Both the Digital Discount and Buy Online Discount are applicable to premiums charged for each of the following coverages: Bodily Injury, Property Damage, Accident Benefits, Uninsured Automobile, Direct Compensation - Property Damage, All Perils, Collision, Comprehensive, Specified Perils, and OPCF 44.

• 5% Savings on Home Insurance (Quebec)
A Buy Online Discount of 5% in the first policy term will be available to customers for completing the Home, Condo or Tenant insurance purchase online. The Buy Online Discount is applicable to premiums charged for the base insurance policy and the following endorsements: Above Ground Water, Extended Water Damage and Fuel Oil Overflow or Escape

• 10% Savings on Car Insurance (Quebec)
A Buy Online Discount of 10% in the first policy term will be available to customers for completing the car insurance purchase online. The Buy Online Discount is applicable to premiums charged for each of the following coverages: Civil Liability, Damage to Insured Vehicles (All Perils, Collision or Upset, Comprehensive and Specified Perils).

• 5% Auto Insurance Savings (Alberta)
A 5% Buy Online Discount in the first policy term will be available to customers for completing the car insurance purchase online. The Buy Online Discount is applicable to premiums charged for each of the following coverages: Bodily Injury, Property Damage, Accident Benefits, Direct Compensation – Property Damage, All Perils, Collision, Comprehensive, Specified Perils, and S.E.F. No. 44

• 5% Auto Insurance Savings (Nova Scotia & Newfoundland)
A 5% Buy Online Discount in the first policy term will be available to customers for completing the car insurance purchase online. The Buy Online Discount is applicable to premiums charged for each of the following coverages: Bodily Injury, Property Damage, Uninsured Automobile, Direct Compensation – Property Damage, All Perils, Collision, Comprehensive, Specified Perils and Uninsured Motorist.

• 5% Auto Insurance Savings (PEI)
5% Buy Online Discount in the first policy term for completing the auto insurance purchase online. The Buy Online Discount is applicable to premiums charged for each of the following coverages: Bodily Injury, Property Damage, Accident Benefits, Uninsured Automobile, Direct Compensation – Property Damage, All Perils, Collision, Comprehensive, Specified Perils and Underinsured Motorist.

• 5% Auto Insurance Savings  (Nunavut, Northwest Territories, Yukon)
5% Buy online discount in the first policy term will be available to customers for completing the car insurance purchase online. The Buy Online Discount is applicable to premiums charged for each of the following coverages: Third Party Liability, Accident Benefits, All Perils, Collision, Comprehensive, Specified Perils, and S.E.F. No. 44.

1"Prior to COVID-19, International Students Accounted for the Growth in Postsecondary Enrolments and Graduates." Statistics Canada, Government of Canada, 24 Nov. 2021, https://www150.statcan.gc.ca/n1/daily-quotidien/211124/dq211124d-eng.html.

Have a question? Find answers here

Popular questions