Square One Insurance review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Our verdict
Square One Insurance is a Canadian broker selling home, renters and auto cover from a premium of CAD 15, with monthly payments available. It suits households wanting several personal lines arranged by a single broker, and it is a poor match for anyone after life, travel or pet cover.
Key facts
- Best for
- Home, renters and auto cover in Canada from a premium of CAD 15, payable monthly.
- Premium from
- CA$15↗
- Insurance types
- Home, Renters, Auto↗
- Provider type
- Broker↗
- Monthly payments
- Yes↗
- Claims channels
- Online, Phone, App↗
- Legal entity
- Square One Insurance Services↗
- Headquarters
- Canada↗
- Founded
- 2011↗
- Support channels
- Chat, Phone, Help-centre↗
- Pricing model
- Monthly
- Official website
- squareoneinsurance.com
Facts checked September 26, 2026, 4 sources
Apps and profiles
- Get the app
- Google Play
Pros and cons
Pros
- Home, renters and auto cover sit under a single broker (home, renters and auto).
- Cover starts at CAD 15 and monthly payments are available.
- Claims can be reported online, by phone or in the app (online, phone and app).
- A Canadian operation running since 2011 under the name Square One Insurance Services.
Cons
- It is a broker rather than an underwriter, so the cover sits with the carrier named on the document (broker).
- Only home, renters and auto lines are offered, with nothing else in the range (home, renters and auto).
- Support runs on chat, phone and help centre only, so in-person service is not part of the offer.
Who it suits
- Households in Canada needing home, renters or auto cover through a single broker
- People who would rather spread the premium across the year than pay it up front
- Claimants who want to report online, by phone or in the app
Who should look elsewhere
- bunq, listed at €0, is a euro account rather than Canadian home or auto cover
- bunq Spain, also listed at €0, serves a different market, not Canadian lines
- Linxea, at a premium of €25, sells life cover rather than home, renters or auto lines
Deposit protection
Square One is a broker rather than an underwriter, so the policy is placed with the carrier named on the document and the broker arranges it. The firm is registered in Canada with the Autorite des marches financiers under licence 3002172755. Check that licence against the quote you are given, and confirm which insurer is actually writing the cover.
How Square One Insurance compares
8.9 vs 8.6
8.9 vs 9.4
8.9 vs 9.3
8.9 vs 9.4
8.9 vs 8.7
8.9 vs 8.5
8.9 vs 9.4
8.9 vs 8.7
8.9 vs 9.0
8.9 vs 8.7
8.9 vs 9.4
8.9 vs 9.2
8.9 vs 9.4
8.9 vs 9.4
8.9 vs 9.4
8.9 vs 8.7Life cover at a premium of €25, so it answers a different need from home, renters or auto lines.
8.9 vs 9.0
8.9 vs 8.8A euro account rather than Canadian cover, listed at €0.
8.9 vs 8.9
8.9 vs 8.9
8.9 vs 9.0
8.9 vs 8.3
8.9 vs 9.5
8.9 vs 9.4
8.9 vs 9.4
8.9 vs 9.4
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.2
8.9 vs 9.2
8.9 vs 9.2
8.9 vs 9.2
8.9 vs 9.1
8.9 vs 9.1
8.9 vs 9.1
8.9 vs 9.1
8.9 vs 9.1
8.9 vs 9.1
8.9 vs 9.0
8.9 vs 9.0
8.9 vs 9.0
8.9 vs 9.0
8.9 vs 9.0
8.9 vs 8.9
8.9 vs 8.9
8.9 vs 8.9- 8.9 vs 8.6
8.9 vs 8.6
8.9 vs 8.5
8.9 vs 8.4
8.9 vs 8.3
8.9 vs 8.3
8.9 vs 8.2- 8.9 vs 8.0
Where Square One Insurance is available
- Available
- Canada
- Licence in Canada
- Autorite des marches financiers (3002172755), checked September 26, 2026
- Licence in Canada
- Alberta Insurance Council, checked September 26, 2026
- Licence in Canada
- Financial Services Regulatory Authority of Ontario, checked September 26, 2026
- Licence in Canada
- Insurance Council of British Columbia, checked September 26, 2026
- Licence in Canada
- Insurance Council of Manitoba, checked September 26, 2026
- Licence in Canada
- Insurance Councils of Saskatchewan, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What kinds of insurance does Square One sell?+
Square One covers home, renters and auto. Home, renters and auto are the lines offered, so a household can place more than a single policy through the same broker rather than shopping each separately. Nothing else appears in the range, which narrows the choice for anyone also after life, travel or pet cover.
What is the cheapest premium?+
Cover starts at a premium of CAD 15. That is a floor for the cheapest line rather than a typical quote, because rates move with the carrier, the property or vehicle and the cover selected. On starting premium, Square One ranks 143 of 251 brands listed, so treat it as a mid-range floor.
Can I pay monthly rather than settling the premium at once?+
Monthly payments are available, and monthly is the payment model on the books (monthly). The premium is then spread across the year instead of being paid in a single sum, which suits anyone whose income arrives monthly or who wants to keep cash for other bills. Read the instalment terms on the quote, since a broker sets them on the underlying policy.
How do I report a claim?+
Claims can be started online, phone and app, so an online route, a phone line and an app all sit in the same place. Having all three means a claim can be reported from home or while away, and the app suits anyone who prefers self-service to a call. Support for anything that is not a claim runs on chat, phone and help centre.
Which regulator licenses Square One?+
Square One trades in Canada, its home market CA, and appears on the register of the Autorite des marches financiers under licence 3002172755. The business operates as Square One Insurance Services, the legal entity behind the broker. That licence is worth matching to any quote you receive.
Is Square One an insurer or a broker?+
It is a broker, per broker, not the company that carries the risk. Brokers compare across carriers and place the policy with the insurer that fits, which is useful if you want choice, but it also means your contract sits with a carrier you may not have picked. Ask which insurer is writing the cover before you commit.
Who is Square One for?+
It suits Canadian households that need more than a single personal line, since home, renters and auto sit under the same broker, and people who would rather pay monthly than settle a premium up front. It suits less well anyone shopping outside Canada, or after life, travel or pet cover, as neither the market nor the range reaches there.
Sources
- lautorite.qc.ca/en/general-public/registers checked September 26, 2026
Backs: Licences
- squareone.ca checked September 26, 2026
Backs: Legal entity
“Insurance is sold by Square One Insurance Services (1410-650 W Georgia St, Vancouver, BC V6B 4N8) ("Square One").”
- squareone.ca/about-us checked September 26, 2026
Backs: Founded, Headquarters
“Square One opened on January 5, 2011.”
- squareone.ca/home checked September 26, 2026
Backs: Claims channels, Insurance types, Pricing model, Monthly payments, Premium from, Support channels
“Report claims online or by phone 24 hours a day, and get the repair process started as quickly as possible.”
- squareone.ca/licenses-underwriters checked September 26, 2026
Backs: Provider type
“Square One Insurance Services is an insurance agency (or brokerage) that serves several provinces in Canada.”
Compiled from 10 source pages, checked September 26, 2026. We did not open an account.
Square One Insurance
Home, renters and auto cover in Canada from a premium of CAD 15, payable monthly.