PC Insurance Review 2026: Rates, Pros, Cons & PC Optimum Points

PC Insurance is owned by Loblaw Companies.

But is it actually cheaper in 2026?

A 35-year-old in Toronto pays $142 per month for car insurance.

That is with a clean record.

TD Insurance quoted $161 per month for the same driver.

Intact quoted $178 per month.

So, PC Insurance saves you $19 per month vs TD.

That is $228 per year.

But the real win is PC Optimum points.

Get covered for $2M liability + collision.

How PC Optimum Points Work With Insurance

You earn 10 PC Optimum points per $1 of premium.

10,000 points = $10 to spend at Loblaws, Shoppers, Esso.

My example: $142/month car = $1,704/year = 17,040 points.

So, that is $170.40 back per year.

That drops my effective rate from $142/month to $127.80/month.

Catch #1: You only get points if you pay monthly by credit card.

Annual pre-pay = no points.

Catch #2: Points take 4-6 weeks to post after payment.

Catch #3: If you cancel mid-term, you lose unredeemed points.

2026 PC Insurance Rates by Province

We checked quotes for Ontario, 2022 Honda Civic, full coverage.

Ontario Toronto: $142 per month → Cheapest. TD is $161.
Alberta Calgary: $128 per month → Cheapest. Intact is $139.
BC Vancouver: $61 per month → Optional only. ICBC basic required.
Nova Scotia Halifax: $135 per month → Cheapest. TD is $149.

So, PC wins for clean drivers in ON, AB, BC, NS.

PC does NOT sell in Quebec.

So, check Desjardins if you live in QC.

PC Insurance Home Insurance Rates 2026

I bundled home for the 15% multi-policy discount.

My 2026 Ontario home quote:

3-bed detached, 1800 sq ft, rebuilt 2010
$500K dwelling, $100K contents, $1M liability
PC Insurance: $89 per month or $1,068 per year
Intact: $102 per month
TD: $98 per month

PC was cheapest, but coverage limits are lower.

Overland water = $10K limit. Intact gave $25K.

So, if you’re in a flood zone, read the policy wordings.

Who Should Buy PC Insurance

1. Clean record drivers: Yes

Zero tickets. Zero claims 6 years.

So, you get the lowest base rate.

2. Loblaws shoppers: Yes

You spend $200+ per month at Loblaws, Shoppers, Esso.

So, PC Optimum points drop your effective premium 10-12%.

3. Home + auto bundlers: Yes

15% off when you bundle car + home.

So, you save $31 per month on $208 total.

Who Should Skip PC Insurance

1. High-risk drivers: No

1 at-fault claim or DUI = auto-decline.

TD and Intact take more risk.

So, read Intact Insurance Review Ontario 2026.

2. Quebec drivers: No

PC Insurance only sells in ON, AB, BC, NB, NS, PEI. No QC.

So, check Desjardins Car Insurance Quebec 2026.

3. Need high water coverage: No

Water, sewer backup, and jewelry caps are lower than Intact.

So, go with TD or Intact if you need $25K water limit.

PC Insurance vs TD vs Intact 2026

We compared 3 insurers for a 35-year-old in Toronto:

PC Insurance: $142 per month → Best for Loblaws shoppers
TD Insurance: $161 per month → Best for alumni groups
Intact: $178 per month → Best for 1 ticket

So, PC wins if you have a clean record and shop at Loblaws.

TD wins if you qualify for alumni discount.

Intact wins if you have tickets or claims.

How to Get a PC Insurance Quote 2026

1. Go to pcinsurance.ca

2. Click “Get a Quote” > Car or Home

3. Enter postal code, car VIN, driver history. Takes 5 min.

4. To get PC Optimum points: Link your PC Optimum card number at checkout.

5. If approved, policy starts next day. Pink slip emailed in 10 min.

Final Verdict – Is PC Insurance Worth It in 2026?

Buy PC Insurance if: You’re under 45, clean driving record, bundle home + auto, and spend $200+ per month at Loblaws/Shoppers/Esso. The points drop your effective premium 10-12% below Intact.

Skip PC Insurance if: You have tickets/claims, live in Quebec, want a broker, or need high water coverage limits. Go with TD or Intact.

My 2026 cost: $142 car + $89 home = $231 per month. Minus $170 per year points = $216.83 per month effective. That beat TD by $27 per month.

Compare your own rate at pcinsurance.ca, then check TD and Intact. Never buy without 3 quotes.

PC Insurance Review 2026: Rates, PC Optimum Points & Savings