Ratehub Inc. launches home and auto insurance brokerage
A rising tide lifts all boats, and Ratehub Inc. is proud to unveil the latest in helping Canadians choose better with their finances. RH Insurance, a property and casualty insurance brokerage, joins Ratehub.ca, CanWise Financial, and MoneySense magazine under the Ratehub Inc. banner to make financial decisions less complicated and more streamlined.
Why launch an insurance brokerage?
For years, the Ratehub.ca process has been to aggregate leads for partners, both direct insurers and insurance brokerages. In other words, you enter your details once and we can show you the best insurance quotes from multiple providers. You don’t have to call each insurance company to find the best price. We’ll always do that for you.
With continuous iteration on the product (the insurance quoter), Ratehub helps you find insurance quotes from some of Canada's top providers. From there, you can select the cheapest price or the company that offers the products that suit your needs best (For example, not all companies provide insurance for Airbnb, Uber, or Usage-based insurance). After the home or car insurance quote is provided, though, we lose some of our connection to you.
By launching an insurance brokerage, we aim to enhance your experience. Therefore helping you navigate the entire process – from Ratehub.ca's educational blog and in-depth pages and allowing you to efficiently compare the market. Now, with RH insurance, we can finalize the policy, too. Our services don’t end there, as the RH insurance team can support you throughout your policy, with any claim, questions, or policy changes or additions you desire.
“Our goal with RH Insurance is to make the insurance process easier for our users by combining the latest online technology with expert advice provided by our in-house insurance brokerage team,” said Morgan Roberts, Director of Sales of RH Insurance. “Our team is eager to help our customers throughout their entire insurance journey and make sure they have the right level of coverage for the right price.”
Ratehub.ca will continue to aggregate leads for a variety of partners, both brokerages and direct insurers. RH Insurance gives better insights into customer wants, needs, and desires. By offering a complete user experience, we can better understand the pain points, make buying insurance accessible and straightforward. The ultimate goal is to educate Canadians to make smarter financial choices.
On the growth of Ratehub
Ten years ago, Ratehub generated leads for banks and other lenders with in-depth content and mortgage calculators to make the home buying experience easier. To further enhance the customer journey, Ratehub Inc. launched CanWise Financial, now a multi-award-winning mortgage brokerage.
“Ratehub.ca started out as a rate comparison website, but now we’re obsessed with delivering more than just product comparisons. We want our customers to have the option to purchase products with us,” said Alyssa Furtado, Co-CEO of Ratehub Inc. and Co-Founder of Ratehub.ca. “Our mortgage brokerage, CanWise Financial, has shown us the benefits of working with our customers throughout the entire sales process. We’re excited to do the same on the insurance side.”
Launching a mortgage brokerage gave Ratehub detail and insights we hadn’t seen before. It's why there is now a fully online mortgage application process. You can click on the best rate or provider of your choice, then begin filling out your application on the spot. From there, you can pick your favourite time to speak with a broker to finalize the details of your mortgage. You don’t have to walk into a brick-and-mortar bank. No longer waiting for the endless reams of paper exchanging awkward glances with the bank's agent. The intimidation and the pressure disappear. The freedom of choice is yours.
Similarly, RH insurance is not a brick-and-mortar business. Instead, it will provide 24/7 online quote comparison and customer portal access and personal sales and customer services via phone and email during business hours.
The launch of RH Insurance signifies the next evolution for Ratehub Inc. as it sets out to become the best digital insurance marketplace to compare and buy insurance in Canada.
RH Insurance will function like other P&C brokerages selling personal and commercial insurance for your car, motorcycle, home, or apartment. Just in time for summer, RH insurance also offers boat insurance and insurance for your toys like jet skis and other recreational vehicles.
The bottom line
If it’s been years since you last compared your insurance rates, consider giving RH insurance a call. Find out how much you might save, or even just to learn more about insurance. The brokers there are ready to take your call, answer your questions, and save you money - 1.888.616.1868