We’re in this together! Stay safe with our COVID-19 guide

View
×
Developed in part with a grant from
the National Science Foundation
  • Bookmark

    LowestRates.ca

Corporate Values

Overview

LowestRates.ca has a consumer rating of 4 stars from 1 review indicating that most customers are generally satisfied with their purchases. LowestRates.ca ranks 25th among Car Insurance sites.

Positive reviews (last 12 months): 100%
Positive
1
Neutral
0
Negative
0
View ratings trends
How would you rate LowestRates.ca?
Top Positive Review

“One of the better comparison sites”

Cecil U.
10/8/20

I got a new mortgage and a new insurance policy through a broker that I discovered through www.LowestRates.ca. I saved a lot of money compared to what I had been paying to my previous mortgage lender and insurer. I see other people complaining, but they probably don't know how these sites work -- they're not banks or insurance companies! Sites like LowestRates are matchmakers that collect your information and finds a financial institution or broker that wants to do business with you, based on the information you entered. All of these sites used to suck at accurately matching consumers with banks etc. which is why a lot of people would get a "rate surprise" when they talked to the banker or the broker. But they've improved their technology and become a lot better. When I got my new car insurance policy, the quote I got on the site was the same as what I got from the insurer!

See positive reviews

Reviews (1)

Rating

Timeframe

Other

cecilu
1 review
0 helpful votes
October 8th, 2020
I got a new mortgage and a new insurance policy through a broker that I discovered through www.LowestRates.ca. I saved a lot of money compared to what I had been paying to my previous mortgage lender and insurer.

I see other people complaining, but they probably don't know how these sites work -- they're not banks or insurance companies! Sites like LowestRates are matchmakers that collect your information and finds a financial institution or broker that wants to do business with you, based on the information you entered. All of these sites used to suck at accurately matching consumers with banks etc. which is why a lot of people would get a "rate surprise" when they talked to the banker or the broker. But they've improved their technology and become a lot better.

When I got my new car insurance policy, the quote I got on the site was the same as what I got from the insurer!
aidanp24
CustomerExperience -. – LowestRates.ca Rep
Hi Cecil,

Thank you so much for taking the time to post a review of your experience using LowestRates.ca and about your experience with the trusted broker partners that you were matched with for your mortgage and auto insurance needs.

We're thrilled to hear that you used our website to compare both auto insurance and mortgage rates and, more importantly, that we were able to help you save money on your mortgage!

We hope that you'll visit us again when you have another important financial decision to make.

Sincerely,
The LowestRates.ca Team

Q&A (0)

Questions? Get answers from the LowestRates.ca staff and other customers.

Posting guidelines
Typical questions asked:
  • How long does shipping take?
  • What is the return policy?
  • Where is the company located?

Sitejabber for Business

Gain trust and grow your business with customer reviews

About the business

LowestRates.ca is an online rate comparison site for insurance, mortgages, loans and credit card rates in Canada. Our free, independent service connects directly with financial institutions and providers from all over North America to offer Canadians a comprehensive list of rates. LowestRates.ca wants to help everyone become more financially literate and we've helped save Canadians $1 billion in interest and fees! We believe in helping people make smarter decisions with their money.

Business History

LowestRates.ca is a Fintech company founded in 2012 and based in Toronto, ON.

Company Representative

aidanp24
CustomerExperience -.

How do I know I can trust these reviews about LowestRates.ca?

  • Sitejabber’s sole mission is to increase online transparency for consumers and businesses
  • Sitejabber has helped over 100M consumers make better purchasing decisions online
  • Suspicious reviews are flagged by our algorithms, moderators, and community members
Have a question about LowestRates.ca?