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Updated September 2026

Square One vs RBC Insurance

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Written By BestMoney
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BestMoney
Editor, Writer
Expertise
Personal Loans
Business Loans
Home Insurance

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Reviewed By Edwin Gan
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BestMoney
Editor, Writer

Top 5 Lenders

Overall
Homowner
Tenant
1
Square One
2
Insurely
3
YouSet
4
APOLLO Insurance
5
Intact Insurance
1
Square One
2
Insurely
3
YouSet
4
APOLLO Insurance
5
Intact Insurance
1
Square One
2
Insurely
3
YouSet
4
APOLLO Insurance
5
Intact Insurance
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Via BestMoney
3.5
Updated
Sep, 2026
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Our Score
Cost
8.4/10
Experience
4.3/10
Flexibility
6.4/10
Support
8.9/10
Insurance Details
Price Minimum
$15
$27
Insurance Term Minimum
1 year
1 year
Insurance Term Maximum
1 year
1 year
Claim Processing Time
1 month
1 week
Same-Day Coverage
No
No
Insurance Requirements
AB Availability
Yes
Yes
BC Availability
Yes
Yes
MB Availability
Yes
Yes
NB Availability
No
Yes
NL Availability
No
Yes
NS Availability
No
Yes
NT Availability
No
Yes
NU Availability
No
Yes
ON Availability
Yes
Yes
PE Availability
No
Yes
QC Availability
No
Yes
SK Availability
Yes
Yes
YT Availability
No
Yes
Insurance Type
Homeowners Insurance
Yes
Yes
Tenant Insurance
Yes
Yes
Condo Insurance
Yes
Yes
Semi-Attached House/Duplex Insurance
Yes
Yes
Seasonal Home Insurance
Yes
Yes
Second Home Insurance
Yes
No
Service Line Coverage
Yes
No
Legal Protection Insurance
Yes
No
Platform
Broker
No
No
Direct Insurer
Yes
Yes
Website
Yes
Yes
Mobile App
No
Yes
24/7 Support
Yes
No
Chat Support
Yes
No
Online Application
Yes
Yes
Online Claim Filing
Yes
Yes

Overview of Square One vs RBC Insurance

Square One is a digital-first home insurance provider that offers customizable coverage and quick online quotes. RBC Insurance is a major Canadian insurer providing comprehensive home insurance with access to additional financial products and in-branch support.

Is Square One better than RBC Insurance?

Square One is better suited for homeowners who prefer flexible, personalized coverage and fully online policy management. RBC Insurance is a stronger choice for those who want traditional service, broad coverage options, and the convenience of managing multiple financial products under one provider.

Is Square One cheaper than RBC Insurance?

Square One can often be cheaper for homeowners seeking tailored coverage without paying for extras they don’t need. RBC Insurance may offer competitive pricing, particularly for customers who bundle home insurance with other RBC products like auto or banking services.

Pros and cons of Square One vs RBC Insurance

Pros of Square One vs RBC Insurance home insurance:

  • Highly customizable coverage and fast online quoting (Square One)
  • Full digital policy management (Square One)
  • Strong financial backing and extensive coverage options (RBC Insurance)
  • Bundling discounts with other financial products (RBC Insurance)

Cons of Square One vs RBC Insurance home insurance:

  • May have longer setup times for quotes and policy changes (RBC Insurance)
  • No in-person support or branch access (Square One)
  • Limited bundling opportunities compared to banks (Square One)
  • Less flexible policy customization (RBC Insurance)

Key differences between Square One and RBC Insurance

Square One focuses on online convenience and personalized coverage, while RBC Insurance provides traditional, comprehensive protection with the added benefit of bundling financial products and in-branch services.

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