Expert verified

Updated September 2026

Square One vs Sonnet 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
3.6
Updated
Sep, 2026
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Our Score
Cost
4.1/10
Experience
7.8/10
Flexibility
8.4/10
Support
8.3/10
Insurance Details
Price Minimum
$15
$122
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
No
NB Availability
No
Yes
NL Availability
No
No
NS Availability
No
Yes
NT Availability
No
No
NU Availability
No
No
ON Availability
Yes
Yes
PE Availability
No
Yes
QC Availability
No
Yes
SK Availability
Yes
No
YT Availability
No
No
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
No
24/7 Support
Yes
No
Chat Support
Yes
No
Online Application
Yes
Yes
Online Claim Filing
Yes
Yes

Overview of Square One vs Sonnet Insurance

Square One is a digital home insurance provider known for customizable coverage and quick online quotes. Sonnet Insurance is a fully online insurer backed by Economical, offering straightforward, packaged home insurance with transparent pricing.

Is Square One better than Sonnet Insurance?

Square One is better for homeowners who want to tailor their coverage to their exact needs and manage everything online. Sonnet is a good choice for those who prefer simple, pre-set coverage options with clear pricing and a trusted national backing.

Is Square One cheaper than Sonnet Insurance?

Square One can be cheaper for homeowners who only want to pay for specific coverages. Sonnet may offer competitive rates for standard coverage packages but is less flexible when it comes to customization.

Pros and cons of Square One vs Sonnet Insurance

Pros of Square One vs Sonnet Insurance home insurance:

  • Fully customizable coverage to fit individual needs (Square One)
  • Quick, online quoting and policy management (Square One)
  • Simple, transparent pricing with clear coverage tiers (Sonnet)
  • Backed by a major Canadian insurer (Sonnet)

Cons of Square One vs Sonnet Insurance home insurance:

  • Standard packages may include coverages you don’t need (Sonnet)
  • No in-person broker or branch support (Square One)
  • May require more effort to choose coverage (Square One)
  • Less flexibility to customize policies (Sonnet)

Key differences between Square One and Sonnet Insurance

Square One focuses on flexible, tailored coverage for digital-savvy homeowners, while Sonnet emphasizes simplicity and transparency with packaged online home insurance backed by a major insurer.

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